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First Home Buyers Deposit & Repayment Calculator

Purchase Price
 

Explanation of Terms

Stamp Duty on Property

Purchase price x 4.1% - 4130
Exempt provided the purchase price is under $500,000, thereafter a sliding scale applies

Stamp Duty on Loan

Loan amount / 1000 - 16 x 4 + 5

Solicitor

Includes costs such as building & pest inspections, searches etc.

FHOG

First Home Owners Grant

Approx Loan Repayment

Repayments are based on Principal and interest payments
With an interest rate of 9.25% and a 30 loan term

CCR rate for Australian Credit Corporation is 9.30% based on a loan of $250k over 25 years

Please call Australian Credit Corporation for more information 02 8844 0100

 
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