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Your personal home affordability report
Your estimate is based on your income, type of property, employment status and available funds
Property price
$500,000
Your deposit
"LMI waivers may apply for certain professions and other circumstances. Our mortgage team will advise this to you once a full assessment is completed."
$50,000
Before you can get a mortgage, you need to have a deposit that should cover at least 10% of your home price.
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Your loan summary
Loan amount
$450,000
Interest rate
2.49% p.a.
Loan term
30 years
Your maximum loan amount
$500.000
Based on your available deposit
$700.000
Based on your current income
Your maximum loan amount is based on your current income and available deposit. Calculations are estimates provided as a guide only, and are not a loan approval
Your repayments summary
The loan amount is calculated for the property price of $800,00
Monthly payment
$4,000
Total repayments
$1,444,000
Total interest
$453,644
How much will my mortgage repayments be?
Total interest
$145,000
Loan Amount
$450,000
Ready to take the next step?
Based on your current income you may be able to get a loan of up to
$1,515,789
With a minimum required deposit of $120,000
The ultimate guide for first-time home buyers
Find out everything you need to know about buying your first property: from saving up for a deposit and choosing the right property to applying for a home loan.
Read guide
Mortgage tips
How to choose the right home loan?
When looking for a good deal on a home loan, the interest rate matters. A home loan is a long-term debt, so even a small difference in interest adds up over time.
How to save on your mortgage?
There are a myriad of way you can save money on your mortgage. As some simple tips: Have a larger deposit (we recommend over 10%); make additional repayments more frequently; and make sure you explore an offset option with your broker.
Next steps in property investments
If you're ready for the next steps, we have some words of advice: Property investment is simple, but not easy.
In other words, it’s not something you should enter into lightly. So take the time to research and familiarise yourself with as much information as you possibly can.
In other words, it’s not something you should enter into lightly. So take the time to research and familiarise yourself with as much information as you possibly can.
Find out how to secure your loan for $1,515,789
from our network of lenders
from our network of lenders
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