OwnHome is reducing the upfront costs of home ownership by up to 10X and slashing the time it takes to save from 6-10 years to one, so more Australians can get onto the property ladder and start building wealth sooner
Use our calculator to see how OwnHome's Deposit Boost Loan stacks up again traditional home loan deposit options.
Last updated January 2025
Calculate your upfront costs
Error
Deposit required
Initial fee
Stamp duty
Transfer & mortgage registration fees
Conveyancer or solicitor
Building & pest or strata report
Buyer's agent
Buyer's agent
To help customers find the right property at the right price, all Deposit Boost Loan customers, no matter their budget or deposit contribution, are assigned a personal Buyer’s Agent.
The upfront cost to get started with OwnHome. This can reduce based on the size of your initial deposit contribution.
Stamp duty
$39,529
Transfer & mortgage registration fees
$343
Conveyancer or solicitor
$2,500
Building & pest or strata report
Included
Four reports cost
$0
Buyer's agent
Included
Other standard home loans
See other
20% deposit home loan
You'll need upfront
$243,972
Deposit required
$200,000
Initial payment
LMI
$0
Stamp duty
$39,529
Transfer & mortgage registration fees
$343
Conveyancer or solicitor
$2,500
Building & pest or strata report
Not included
Four reports cost
$1,600
Buyer's agent
Not included
10% deposit home loan
You'll need upfront
$165,046
Deposit required
$100,000
Initial payment
LMI
$21,074
Stamp duty
$39,529
Transfer & mortgage registration fees
$343
Conveyancer or solicitor
$2,500
Building & pest or strata report
Not included
Four reports cost
$1,600
Buyer's agent
Not included
5% deposit home loan
You'll need upfront
$129,685
Deposit required
$50,000
Initial payment
LMI
$35,713
Stamp duty
$39,529
Transfer & mortgage registration fees
$343
Conveyancer or solicitor
$2,500
Building & pest or strata report
Not included
Four reports cost
$1,600
Buyer's agent
Not included
Disclaimer
*Low Deposit Premium goes up to 2.2%, but may be lower depending on your deposit contribution. The above does not include rate information. LMI rates are a rough guide based on Home Loan Experts' rate table. Actual LMI rates will differ from provider to provider. While conveyancing and building & pest/strata reports are not mandatory, they are standard parts of the home purchase process. The assumption is that multiple reports may be required. Total upfront cost includes assumed costs for conveyancing and building & pest/strata reports.
