Costs beyond the deposit

The deposit is only one part

A deposit is your share of the purchase price. Lenders look at that share. Other costs sit beside it: reports, legal work, and the money a seller may ask to hold the property before settlement. Those are not the same figure as the deposit a lender talks about.

Costs people often meet before settlement

Before settlement, buyers often pay for a building report, a council file such as a LIM, and a lawyer to read the agreement. A valuation can be another cost if a lender asks for one. None of these is a fee this website charges, and this page does not quote what a provider will bill.

The buying process page sketches how an offer, conditions, and settlement fit together. The deposit calculator only tests a price and a deposit you type. It does not include these other costs.

Costs that can show up on settlement day

On settlement day, ownership and the money change hands through your lawyer. The loan, if a lender has approved it, is drawn then. Lawyer fees, any rates or other adjustments in the agreement, and insurance a lender wants in place can all show up around that day. Your lawyer reads your agreement and says which of those apply to you.

What this page will not total for you

This page will not give a dollar total, a budget, or a list of fees to treat as complete. Amounts change by property, by lawyer, and by lender. A copied total would go stale, and it would look more certain than it is. If someone quotes you a single number for "all the costs", ask them what is inside it.

A soft next step

When you want a broker to look at your own plans, get started. That is a match, not a quote and not a lending decision.