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Jeff Jiang
Software Engineer
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home True Cost of Home Buying Calculator

Calculate the real monthly cost of homeownership in NSW, Australia, including all fees and costs. Compare with investment alternatives to make an informed financial decision.

Home Purchase Details

$
$
% pa
years

Additional Home Ownership Costs

$ per quarter
$ per quarter
$ per quarter
$ per year
$ per quarter

Alternative scenario: Instead of buying, continue renting and invest your deposit plus the difference between home ownership costs and rent into a diversified investment portfolio.

% pa
$ per week
% pa
% pa

📋 Assumptions

  • Home loan interest rate remains fixed throughout the loan term
  • Strata fees, council rates, and utilities remain constant (no price increases)
  • These results are obviously not going to be super accurate over time as all the values will fluctuate but it should give a much more reasonable analysis of the costs of home ownership for what to expect