Understanding Stamp Duty

To use the stamp duty calculator, you’ll need to know the Value of the Property, the Total Income of all purchases, the number of dependent children, and the Property Type. You need to state whether you are a first time home buyer or not, what type of home or land you’re purchasing and if you’re an eligible pensioner.

Once you have entered this information into the calculator, we can give you an estimate on not only how much Stamp Duty you’ll have to pay on the property but also the Mortgage Registration Fee, Transfer Fee and Total Government Fees.

 

What is Stamp Duty?

Stamp duty is a tax that is levied by all Australian states and territories on property purchases. This amount is based on the property purchase price, location and loan purpose. This means that the stamp duty price might vary if the property or home you’re buying is for residence or an investment.


Importance of Calculating Stamp Duty

The closer you get to the inner-city, the higher your stamp duty will be. Rising property prices call for a rise in stamp duty, so it’s important to consider this rather significant cost when determining how much you’re willing and able to spend on a new home. If you are purchasing a house and land package, you can save significant amounts on stamp duty. With house and land deals, the property hasn’t been built when you make the purchase. Because of this, you are only paying stamp duty on the value of the land component, not the house and the land.

Budget planner

When you’re buying a new home, budgeting is essential to being able to afford your loan payments. This tool asks for your annual income and expenses in order to help you better understand your financial position.

Extra repayments

Shortening the length of your loan term by making additional repayments over and above your current repayments can provide significant interest savings. Calculate your savings with our extra repayments tool.

How long to repay

Want to know how long it will take you to repay your loan? It all depends on the repayment amount. See for yourself how long it would take to pay out your loan by altering your repayment amount.

Loan comparison

Understand the difference between two current home loans on the market. Make a direct comparison to determine which delivers the best value over the term of the loan.

Loan repayments

Get an easy way to calculate what your minimum weekly, fortnightly or monthly loan repayment would be on your borrowed amount.

Lump sum

If you're looking for a way to save significant amounts of money on interest as well as shorten your loan repayment period, use this calculator. Find out how much you can save by making a one-off lump sum repayment on top of your current repayments.

Savings

Thinking about your financial future? Set a savings goal. This tool can project how much you can accumulate over time with an initial amount and ongoing contributions.

Stamp duty

Stamp duty varies from state to state. Use this state specific calculator to see how much stamp duty will be payable on the purchase of your new home or land.