How much funds are required for a purchase?

WizWealth Finance · General Guide

Out Of Pocket Funds Estimate

Estimate funds for a domestic residential purchase. First-home-buyer duty relief is estimated only when you confirm the relevant assumption.

Use the amount expected to be dutiable. A revenue authority may use market or unencumbered value where it is higher.

Other purchase costs are not included. Allow an estimated conveyancer cost of around $1,000, plus building, pest or other inspection costs. Obtain quotes, as actual fees vary.

General information only. This is not legal, tax, credit or financial advice, and it is not a duty assessment, lender quote or approval.