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What will it cost each month?

Not just the mortgage. The full monthly cost, as a share of the money that actually lands in your account. Four short steps, about 30 seconds, and you can change any number as you go.

About you

Your income determines how much you can borrow and how stretched you’ll be.

Purpose

Buying arrangement

$

Take-home: $0/mo after tax

Reduces take-home pay

Avoids the Medicare Levy Surcharge if earning over $97k

Live preview

Housing costs as a share of take-home pay

?

Add your salary and a purchase price to see a result.

Housing costs
$0/mo
Left overFrom $0/mo take-home
$0/mo
Purchase price
$0

What this calculator includes

Understanding your percentage

Share of take-homeWhat it means
Under 30%Generally manageable. Room for savings and life.
30 to 40%Tight but common for first buyers in capital cities.
40 to 50%A stretch. Budget carefully and stress-test with higher rates.
Over 50%Consider a lower price, a bigger deposit, or a longer term.

Share your results

On the results step you can download a PDF summary or copy a link. The link pre-fills every number, so the other person sees exactly what you see. Useful for a partner, a mortgage broker, or your parents.

Keep going

Important

These monthly figures are estimates. Real costs depend on your lender, insurance, rates, and personal situation. This isn't financial advice. Confirm numbers with a licensed mortgage broker or financial adviser before making a decision.

This is general information only. It does not take into account your individual objectives, financial situation, or needs. It does not constitute financial advice, legal advice, credit assistance, or a recommendation of any financial product. Figures are estimates based on simplified published schedules and may not reflect current rules.

keyfacts.com.au does not hold an Australian Credit Licence (ACL) or an Australian Financial Services Licence (AFSL) and is not authorised to provide credit assistance under the National Consumer Credit Protection Act 2009.

keyfacts.com.au does not receive referral fees or commissions from any broker, lender, conveyancer, agent, or other party as at March 2026.

Before making any financial decisions, speak to a licensed mortgage broker, financial advisor, or accountant who can assess your specific circumstances. For independent guidance, visit moneysmart.gov.au.

Last reviewed: March 2026.

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