Goal · 🇦🇺 Australia
🏠 Buy your first home
Work out what you can afford, how much deposit you need, your monthly repayment, and the total interest you'll pay — in one place.
Your 4-step plan
Work through these in order. Each step links to the calculator you need.
- 1
Check what you can borrow
Lenders typically give you 4–5× your annual income. Start by plugging in your salary to see the ceiling.
Open Mortgage - 2
Figure out your deposit
Most markets need 10–20% down. Save the deposit in a high-yield account and don't touch it.
Open Stamp Duty - 3
Estimate the monthly payment
Run the mortgage calculator at today's rate. Aim to keep it under 30% of take-home pay.
- 4
Budget the closing costs
Stamp duty, legal fees, and inspection can add 3–10% on top of the home price. Factor them in upfront.
Your toolbelt
These calculators, run together, answer the full question — not a slice of it.