Your numbers at a glance
Cash deposit$119,000Before other buying costs
Loan amount$476,000Purchase price less deposit
Monthly repayment$2,854Principal and interest
Loan-to-value ratio80.0%Based on entered purchase price
Leave room beyond the depositDuty, conveyancing, inspections, loan fees and possible lenders mortgage insurance are additional. Rates, insurance, maintenance and shared-building costs continue after settlement.
This is a budgeting illustration. It does not assess income, living expenses, eligibility or how much a lender would approve. The lender’s valuation and loan terms can change the outcome.
Compare a 5%, 10% and 20% deposit
Purchase price $595,000 · rate 6.00% · term 30 years. This table follows the price, rate and term entered above.
Swipe to compare the loan and repayment →
| Deposit | Cash needed | Loan amount | Monthly repayment |
|---|
| 5% deposit | $29,750 | $565,250 | $3,389 |
| 10% deposit | $59,500 | $535,500 | $3,211 |
| 20% deposit | $119,000 | $476,000 | $2,854 |
Cash needed here means the deposit only. Fees, duty and any lenders mortgage insurance are excluded. A smaller deposit scenario does not establish loan or scheme eligibility.