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Real Estate Cost to Purchase Calculator - Finance Calculators

The Real Estate Cost to Purchase Estimator is a great tool when you wish to estimate how much funds you will require to settle on a property purchase in Australia. The figures are only an indication as there are a number of factors that will affect the final outcome.

Our Real Estate Cost to Purchase Calculator is serviced regularly ensuring that you provide your clients with up to date information.

You need not do anything else after our link is placed on your Website as all changes are automatic.

The Real Estate Purchasing Cost to Purchase Calculator will provide you with an indication of how much funds are required to settle on your first or, next property purchase. The calculator takes into account the following information:

1. Stamp Duty Costs, this will include: Stamp Duty, Stamp Duty on the Mortgage and Transfer of Land fees. (Note that each state has different parameters when it comes to Stamp Duty Costs) Also note that there are additional concessions for First Home Buyers from the State that you purchased the property, and further advice should be sought from your solicitor or conveyansor.
2. Lenders Mortgage Insurance Costs. LMI is generally payable if the loan is above 80% and below 95% for PAYG applicant, or between 60 to 80% for Self-employed applicants. It should be noted that there are a number of Mortgage Insurers that Financial Institutions use and that the figure (although mirrored to one of them) will vary. It should further be noted that Mortgage Insurers will also provide different parameters to different Institutions according to the strength and size of their finance book.
3. Deposit Funds Required (This is determined according to the shortfall between the purchase price and your pre-approved home loan amount.)
4. Total of all other costs. These costs include your legal costs, Moving expenses, other relevant costs and Financial Institutions costs (i.e. their legal fees, valuation and mortgage preparation fees. It should be noted that these costs vary according to the Institution chosen.)

The Real Estate Purchasing Cost Estimator will then combine the above costs and provide you with an estimate of funds required to purchase and settle your next property purchase. The Calculator also will provide you with what your expected regular Home Loan payment will be, and, the Total Principal and Interest paid back to the Financial Institution during the Period chosen.

The Real Estate Cost to Purchase Calculator is offered at an affordable price of $11.00 per month (Inc GST) on an Ongoing Lease Agreement.

Please visit our Contact Us page to enquiry further or call one of our consultants on (03) 9439 3457.

As information is uploaded daily, we invite you to book mark our site for future reference.

Disclaimer.
The information provided to you in the Real Estate Cost to Purchase Calculator does not constitute “personal advice” for any purpose. The Real Estate Cost to Purchase Calculator is provided to you as an information service only and it should not be relied upon as a substitute for financial, home loan or other professional advice. The information does not take the investment objectives, financial situation and particular needs of any particular person into account. It is not to be construed as financial advice or a recommendation of any financial products, including home loans. Before making an investment or home loan decision on the basis of the information provided by the Real Estate Cost to Purchase Calculator, you need to consider whether the information is appropriate in light of your particular investment or home loan needs. The Real Estate Cost to Purchase Calculator has been developed by AFC Online. AFC Online is responsible for maintaining and updating the Real Estate Cost to Purchase Calculator. For any further enquiries you can contact us directly and one of our customer care consultants will be more than happy to assist you.