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Home Deposit Goal Calculator

Change the details below to calculate what you can afford to buy based on your current financial position, and how long it will take to save a deposit for your new home.

Monthly income after tax:  
Monthly expenses:  
Current savings:  
State:  
Value of your goal property:  
Additional expenses:  
Do you know what % of this property value you would like to borrow?
Are you eligible to receive the First Home Owners Grant
Government costs:  

Please Note: This does not calculate your borrowing power. Use our no-obligation instant pre-approval calculator to calculate your serviceability. Time to reach goal is calculated assuming savings are earning 4% p.a. Monthly repayments are calculated using the variable rate listed over 30 years. Actual rates may vary depending on market conditions.
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Lender % p.a CCR % Fees
MyRate 5.42 5.42 $0*
CBA 6.15 6.29 $600
St. George 6.24 6.56 $700
Westpac 6.26 6.39 $600
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MyRate Update
Friday 17th May 2013

In line with the recent RBA rate cut, we are pleased to advise that our funder has reduced the rate on all variable rate loans by 0.25% effective the 17th of May 2013.

Our website is already reflecting these changes.

Did you know that MyRate can offer a 97% LVR on purchases including capitalised LMI? Enquire now to find out more.

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