Do the hard work of planning for the future,
minus the hard work
Our mortgage calculator was designed to do away with the complicated spreadsheets and formulas that go into buying a home, so you can get a clear picture of your finances, without the hassle. Add your personal budget to the mortgage calculator below to see what property you can afford.
This site was developed by the people who know what goes into purchasing property, from conveyancers to real estate agents to real people trying to buy their first home. The result is a mortgage calculator that asks the right questions and gives the right answers, so you can step into the property market with confidence.
From the team at MortgageBudget.com.au, good luck and happy house hunting!
P.S. If you like what we’ve built here and know someone who would benefit from it, then we’d love if you could pass us on to them using the links below.
Disclaimers and notes
The information on this site constitutes general information only. MortgageBudget.com.au is not a financial adviser and the advice given by this site should not be considered professional advice. Further, the calculations and tools on this site are intended to provide general information only, and should not be substituted for professional advice. MortgageBudget.com.au provides no warranties and makes no representation that the information and tools here are appropriate for your circumstances or are intended to indicate a particular course of action. You should consider seeking independent legal, financial, taxation and/or other advice to see how the information given here relates to your personal circumstances.
MortgageBudget.com.au also provides links to third-party sites for your convenience throughout the MortgageBudget website. While we choose these sites carefully, we do not endorse or represent these external sites. We encourage you to examine the copywrite, privacy and disclaimer notices on those website.
- The tax rates used here are for Australian residents only, and use the 2022–2023 Australian marginal tax rates. This calculation includes the 2 per cent Medicare levy – the standard rate for most individual taxpayers – and does not take into account family income or dependents. The calculation does not include the Medicare Levy Surcharge, which is an additional levy of 1 to 1.5 per cent applied to higher income individuals and families who do not have private health insurance. Further, the calculation does not factor in any tax rebates or offsets you may be entitled to.
- By default, this site saves the information entered above to your device and your device only. The information is not stored externally by this site or provided to third parties. This feature exists solely to ensure a seamless experience between uses. You can disable this feature and delete any data saved to your device by this site (other than your preference to use this site with this default feature disabled) by using the toggle button at the top right of the ’Your stats‘ window on this page.