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Buying Costs Calculator
Are you looking to purchase property? Our free buying costs calculator can assist you with the associated costs.
Are you looking to purchase property? Our free buying costs calculator can assist you with the associated costs.
Frequently Asked Questions
What costs are associated with buying a house?
There are many costs involved in buying a house – not just the deposit and loan repayments. While specific costs may vary within each state, some common costs you can expect to pay include:Â
âž” Stamp duty
➔ Lender’s Mortgage Insurance (LMI) for those with less than a 20 per cent deposit
âž” Transfer fee
âž” Title search fee
âž” Mortgage registration fee
What is LMI?
Lenders Mortgage Insurance is a one-off, non-refundable, non-transferrable premium that’s added to your home loan. It’s calculated based on the size of your deposit and how much you borrow. LMI protects the bank against any loss that they may incur if you are unable to repay your loan. It does not protect you.
What is stamp duty?
Put simply, stamp duty is the tax the government puts on certain transactions. It may also be referred to as ‘land transfer duty’ for property purchases. How much you will pay in stamp duty varies from state to state and depends on a number of factors, including if you’re a first home buyer, the location of your property, how much your property is valued at etc.
Work with an Inovayt broker
Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees.Â
Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees.Â
Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees.Â
Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees.Â
Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees.Â
Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees.Â
Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees.Â
At Inovayt, our mission is to provide lifetime financial solutions by thoroughly understanding your individual needs and goals. As such, we believe every client deserves our award-winning customer service. Our friendly team prioritises client satisfaction above all else, going above and beyond to help you achieve your financial goals. Regardless of what stage of the finance journey you’re on, our team provide quality advice to help you make informed and empowered financial decisions.
Our customer service extends far beyond your initial meeting, as we believe in nurturing you beyond the first transaction. Our brokers work hand in hand with you to ensure you receive the best possible outcome and are available to chat face to face, online, or via the phone at a time that suits you.
Our focus is always on achieving the best possible outcomes for our clients. Finding the right finance to match your goals and objectives is no easy task, so our friendly team work tirelessly to tailor a solution for you. We are solutions-driven, so we work hard to tackle any hurdles that may arise to ensure client satisfaction.
Why Choose Inovayt
Simple
Finding the right financing to match your needs and goals is never an easy task. Our team prides themselves on finding the right solution for each client, regardless of their personal situation.
Flexible
Our brokers work hand in hand with our clients, to ensure they receive the best possible outcome. We are available to chat face to face, online, or via phone, at a time that suits you.
Solutions-driven
Our focus is always about achieve the best possible outcomes for our clients. We will tackle any hurdles that may come up, to ensure that you are satisfied and have achieved your desired outcome.
Simple
Finding the right financing to match your needs and goals is never an easy task. Our team prides themselves on finding the right solution for each client, regardless of their personal situation.
Flexible
Our brokers work hand in hand with our clients, to ensure they receive the best possible outcome. We are available to chat face to face, online, or via phone, at a time that suits you.
Solutions-driven
Our focus is always about achieve the best possible outcomes for our clients. We will tackle any hurdles that may come up, to ensure that you are satisfied and have achieved your desired outcome.
Our experienced and friendly team can provide you with lifetime financial solutions by understanding your individual needs and goals.
Get in touch
1300 354 355
1300 354 355
Send us an email
info@inovayt.com.au
Start your journey, contact Inovayt today
Get in touch
1300 354 355
1300 354 355
Send us an email
info@inovayt.com.au
