How much funds are required for a purchase?
Property Purchase Cost Calculator
Estimate Your Total Out-Of-Pocket Expenses Including Stamp Duty, LMI, And Grants.
Scenario A
Scenario B
Scenario C
Disclaimer: This calculator provides high-level estimates only, based on indicative 2025–2026 rates and assumptions. Results are not advice or a quote and should not be relied upon to make financial decisions. WizWealth Finance accepts no liability for actions taken based on these figures. Government charges, scheme caps, and State Revenue costs change frequently. Please speak with a licensed broker or conveyancer to confirm accurate figures.
Use our calculator to estimate the real out-of-pocket funds required for your property purchase. We break down the hidden costs for first home buyers, owner-occupiers, and investors.
Settlement Costs
Legal & bank fees
Stamp Duty
State gov taxes
LVR & LMI
Loan ratios
Concessions
FHB Grants
Why Is There A Gap?
Lenders assess your loan using the Property Value, not the total cost of buying the home. This ratio is known as the Loan-to-Value Ratio (LVR).
Because costs like stamp duty, government fees, and conveyancing are not part of the property value, they aren't covered by the standard loan calculation. You must cover these separately.
The LMI Complication
If you choose to add (capitalize) Lenders Mortgage Insurance (LMI) to your loan, it changes how lenders view your risk. They look at your LVR in two ways:
- LVR excluding LMI: Based purely on loan vs property value.
- LVR including LMI: The higher effective percentage after LMI is added to the debt.
This distinction is the most common source of confusion for buyers planning their upfront funds.
Don't just save for the deposit percentage.
This calculator bridges the gap by adding up the "hidden" costs that sit outside the bank's LVR calculation, giving you a truer picture of the savings you need.
Real World Example: 90% LVR Cap
Let's assume an Investor buying in QLD for $700,000. The bank approves a max 90% LVR including LMI. Many buyers assume this means they only need a 10% deposit ($70,000), but the reality is quite different.
1. The Loan Calculation
The bank caps the total debt at 90% of the property value.
Note: Because the $16k LMI fee is inside the $630k loan, the bank only releases $614k to pay the vendor. This is an effective "Ex LMI" LVR of ~87.7%.
2. Your Funding Gap
You must cover the difference between the purchase price and the net loan, plus state costs.
The "10%" deposit was only $70k.
The actual cash needed is $113k—a gap of $43k!
What This Calculator Estimates
- Cash needed at settlement: A high-level total of your out-of-pocket costs.
- State-specific costs: Stamp duty, transfer fees, and registration charges for your state.
- Scenario logic: Adjustments for First Home Buyers vs Investors.
- LMI estimation: Potential insurance costs if your deposit is under 20%.
We understand this can feel daunting when you’re starting your property journey. Our mortgage brokers take the time to patiently guide you through each stage, ensuring you clearly understand what’s required and feel confident at every step. Even seasoned investors can find the numbers confusing at times,so get in touch and we’ll make it easier for you
