Home₂Own Calculator

Plan your deposit building journey with our interactive calculator

Your Details
Enter your information to calculate your Home₂Own pathway
$600,000.00
$300,000.00$1,500,000.00
$15,000.00
$0.00$100,000.00
Your Results
Here's how your Home₂Own journey looks

Initial Deposit (2%)

Holding Deposit (0.25%)

$0.00

Balance Deposit (1.75%)

$0.00

Total Initial Deposit

$0.00

Monthly Payments

Monthly Rent

$0.00

Monthly Instalment

$0.00

Total Monthly Payment

$0.00

Position at Settlement

Deposits & Instalments

$0.00

Contract Completion Incentive

$0.00

Mortgage Required at Settlement

$0.00

Deposit Built with Home₂Own

0.00%

How the Calculator Works

Understanding the factors that influence your Home₂Own pathway

Property Value

The value of the property affects your monthly payments, initial payment requirements, and the deposit you are required to build.

Financial Factors

Your income, initial payment capability, and current rent all influence your affordability and the financial benefits of the program.

Program Duration

The length of your Home₂Own program affects how big of a deposit you build, your monthly payments, and your timeline to full homeownership.

Calculator FAQs

How accurate is this calculator?

This calculator provides estimates based on typical program terms and market conditions. Actual figures may vary based on your specific circumstances, property details, and program eligibility. We recommend contacting us for a personalised assessment.

What is the "deposit built" figure?

The deposit built represents the portion of your monthly payments that goes toward your future ownership of the home. This amount will be credited toward your purchase when you're ready to buy the home at the end of the program.

How is affordability determined?

Affordability is calculated based on the ratio of your monthly payment to your monthly income. Generally, housing costs should be no more than 30-35% of your monthly income to be considered affordable.

Can I adjust my program terms?

Yes, the Home₂Own program offers flexibility. You can explore different scenarios using this calculator, and our team can work with you to customize a program that fits your specific needs and financial situation.

Ready to Take the Next Step?

Apply now or contact our team to discuss your personalized Home₂Own pathway