Saving up for your first home can seem like it’s taking forever. Wonder how you can get into your own home sooner?
Welcome to the HomeStart home loan calculator. This calculator will give you an indication of the maximum amount you may be able to borrow to buy a home.
Simply enter your details below, including your current income (after tax) and commitments, click ‘calculate’ and you will be presented with the results.
Fees and charges include establishment fee, valuation fee, Loan Provision Charge, conveyancing fees, settlement fee and government fees such as title search fees and stamp duty.
*The Advantage Loan is combined with another HomeStart loan that suits your situation. No repayments are required until you have paid your HomeStart loan portion in full. Find out more about the Advantage Loan >
*The Breakthrough Loan is combined with another HomeStart loan that suits your situation. No repayments are required on the Breakthrough component of your loan until your property is sold. A 3% facility fee for the Breakthrough Loan has been included in the repayment amount indicated above. Find out more about the Breakthrough Loan >
Remember, to be eligible for a home loan with HomeStart you must:
Have a regular income, this can include your Centrelink benefits
Be over 18 years of age
Be an Australian permanent resident or an Australian citizen
Be purchasing a home within South Australia
This calculation is not an offer of credit and is intended as a guide only.
To learn more about saving and budgeting, visit MyStart, our educational website.