Deposit Boost Loan upfront cost calculator

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 June 2023
Calculate your upfront costs
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Home loan type
Initial payment
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.
Lender's mortgage insurance
Loan size limit
Stamp duty
Transfer & mortgage registration fees
Conveyancer or solicitor
Building & pest or strata report
OwnHome Deposit Boost
You'll need upfront
$62,066
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Home loan type
Up to
100% LVR home loan
Initial payment
Starter fee
The upfront cost to get started with OwnHome. Includes GST.
$22,000
*
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.
Included
Lender's mortgage insurance
$0
That’s right - no costly LMI!
Loan size limit
Up to
$3 million
Stamp duty
$39,735
Transfer & mortgage registration fees
$331
Conveyancer or solicitor
Included
$0
Building & pest or strata report
Included
Four reports cost
$0
20% deposit home loan
You'll need upfront
$240,066
Home loan type
80% LVR home loan
Initial payment
$200,000
Buyer's agent
Not included
Lender's mortgage insurance
$0
 
Loan size limit
N/A
Stamp duty
$39,735
Transfer & mortgage registration fees
$331
Conveyancer or solicitor
Not included
$1,500
Building & pest or strata report
Not included
Four reports cost
$1,600
10% deposit home loan
You'll need upfront
$168,326
Home loan type
90% LVR home loan
Initial payment
$100,000
Buyer's agent
Not included
Lender's mortgage insurance
$25,160
 
Loan size limit
Up to
$1 million
LMI loan amount caps may vary. Helia, which provides the majority of LMI in Australia, caps at $1 mil.
Stamp duty
$39,735
Transfer & mortgage registration fees
$331
Conveyancer or solicitor
Not included
$1,500
Building & pest or strata report
Not included
Four reports cost
$1,600
5% deposit home loan
You'll need upfront
$139,196
Home loan type
95% LVR home loan
Initial payment
$50,000
Buyer's agent
Not included
Lender's mortgage insurance
$46,030
 
Loan size limit
Up to
$1 million
LMI loan amount caps may vary. Helia, which provides the majority of LMI in Australia, caps at $1 mil.
Stamp duty
$39,735
Transfer & mortgage registration fees
$331
Conveyancer or solicitor
Not included
$1,500
Building & pest or strata report
Not included
Four reports cost
$1,600
Disclaimer
*Starter fee includes GST. 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 does not include conveyancing or building & pest/strata reports.
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