Home loan fees, upfront costs and stamp duty calculator

When you're buying a house, you'll need to take in to account costs like your deposit, stamp duty, bank and government fees, inspections, settlement agent fees and moving costs. Remember, if you're buying your first home, you might be eligible for government grants and concessions. Read more about the upfront costs of purchasing property.

Stamp duty is probably one of your largest upfront costs. It’s a state or territory government tax that’s charged for your legal documents to be stamped. Depending on your circumstances and where you live, you could get stamp duty exemptions or concessions when you buy your first home. The laws on stamp duty are always subject to change, so be sure to check your state or territory government’s housing website for the most recent information.

Stamp duty requirements are different in every state but your settlement agent will help you navigate them.

It's a type of home loan insurance to protect your lender's potential losses if you're unable to pay off the home loan. It doesn't cover home loan repayments if you're unable to meet the repayment obligations. It's a one-off fee you pay if you have a deposit less than 20% of the property value and is based on the value of the property, how much deposit you have and the total loan amount.​

Once you own a house, there are some ongoing costs you should budget for such as your mortgage repayments, annual loan fees, home and contents insurance, household utilities and maintenance costs.