Funds to Complete Calculator
Learn how much you’ll need to contribute to your property.
Estimated total funds to complete required
$0
Minimum Genuine Savings
This funds to complete calculator is a guide only, and gives you an estimate of what your funds to complete based on the property purchase price, loan amount, loan purpose, stamp duty and an Ultra-Low Rate Home Loan.
You’ll get a full assessment when you submit your application and enter the specifics of the property, your loan type, personal details and your financial situation. The above is not credit approval.
What is a funds to complete calculator?
What is a funds to complete calculator and how do I caclulate funds to complete?
The funds to complete calculator provides an estimate of how much you'll need to contribute to your home purchase. The calculator takes into account:
- Your expected property purchase price
- Your estimated loan amount
- Loan purpose (owner occupier or investor)
- How much you estimate you'll pay in stamp duty
Based on the provided inputs, it then calculates the total funds you'll need to contribute towards the purchase. The funds to complete estimate is based on the required deposit, any upfront loan fees and stamp duty. In addtion, an estimate of the minimum genuine savings is also provided. Note, you may incur other costs (eg. conveyancing fees) that are not included within this estimate.
The calculator is not credit approval and is an estimate only. You'll get a full assessment of your funds to complete once you complete an application and provide information about your circumstances and financial situation. Apply for your home loan today.
FAQs
Find answers to your most pressing questions about our home loan services.
LMI protects lenders and not borrowers. For various reasons, many/most lenders require LMI to protect themselves from default amongst borrowers with +80% LVRs.
We’ve taken a different approach.
Instead, we don’t charge LMI. We’re focused on lending to great borrowers and have created a suite of products specifically for great borrowers who don’t have a “full” 20% deposit.
We are proudly building an ethical, sustainable business to help financially responsible Australians get into their homes faster. We’ve built our own prudent lending criteria and are actually more conservative than most lenders in terms of who we will lend to.
So, in answer to your question – YES!
We are proudly lending responsibly, and very proud of the way we’re able to offer better-suited products to high-quality borrowers
In addition to your deposit and any loan fees, there are a number of other costs associated with the transaction that you need to be aware of.
These include:
- Transfer duty or Stamp duty or land tax
- Other Government Fees (mortgage registration fee, title transfer fee)
- Legal / conveyancing fees
- Building & Pest Inspection reports, strata reports if applicable
- Building & Home Contents Insurance
- Other costs (e.g. removalists, rental break fee etc.)
You can see our eligibility requirements here.
To apply for a loan, click here.
The short answer: We’ve focused on helping borrowers who don’t have a “full” 20% deposit. By building a suite of products designed specifically for our borrowers, we’ve been able to make our loans cheaper and more accessible.
There’s no catch.
We’re a mission driven business and our mission is to improve access to homeownership for young Australian families. We’ve done this by creating products we’d use and encourage our friends and family to use. Our loans are simple and we don’t take any equity in your home or have any equity-based incentives.
We’ve worked *very* hard to provide the lowest-cost loans possible and will work even harder to make things even more affordable for you – Australia’s next generation – as we build.
Lending eligibility criteria applies.
Yes, we provide pre-approvals. To do this, we assess everything we can without knowing the final property you’ll be purchasing.
As is the market standard, pre-approvals are typically subject to satisfactory valuation of the property you purchase. If you’ve already purchased the property or exchanged contracts we can also go straight to an unconditional approval.
Prior to starting your application, we suggest you use our online calculators to understand your borrowing capacity and loan estimate.
Once you are ready to apply, click on Apply Now and follow the steps to complete and submit your application.
To get a more accurate loan estimate, you'll need to complete an application.
Simply click on the Apply Now button to start your application with Sucasa.