Perth Mortgage & Construction Loan Calculator

If you’re looking to take out a home loan in Perth, our mortgage calculator is the perfect tool to help you to determine the expenditure required. We’ve designed our mortgage and construction loan calculator specifically to assist with the unique calculations required during the construction process. Many people are not aware that if your loan is approved as a house and land package the full home loan is not used straight away. What this means is there is a portion of your home loan withheld to cover the construction process. While your home is being built you generally will only make payments for the portion of your loan that has been used.

The portion of the home loan that has been drawn only incurs interest-only payments during the construction phase. Once the loan is fully drawn, they will generally revert to a principal and interest repayment. Please utilise our mortgage and construction loan calculator below to get a better understanding of how the process works.

Contact Us

Need help utilising our mortgage and construction loan calculator? Get in touch with our Perth team on (08) 6166 6391 today.

House & Land Package Cost

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Bank Loan Details

$--

Progress Payment Stages

Stage Percentage Due (%) Amount Due ($)
Slab Down 25 $ --
Plate Height 20 $ --
Roof Cover 20 $ --
Lock Up 20 $ --
Practical Completion 15 $ --
Total $ --

Interest Payments (Per Month)

Stage Amount Outstanding ($) Interest ($)
Land $ -- $ --
Land + Slab $ -- $ --
Land + Slab + Plate $ -- $ --
Land + Slab + Plate + Roof $ -- $ --
Land + Slab + Plate + Roof + Lockup $ -- $ --
Land + Slab + Plate + Roof + Lockup + Completion $ -- $ --

Revert to Principal Repayments

$--

$--

$--

Disclaimer

The results from these calculators are an approximate guide only. These calculators, or the results generated, do not constitute any agreement by any lender to provide credit. The calculations do not take into account any fees and charges that a lender may levy. BuildLoans are not responsible for the calculator or its calculations and make no representations either expressly or impliedly concerning the calculator or calculations. BuildLoans accepts no liability whatsoever in relation to the calculator or calculations.