YOUR HOME. YOUR BUILD. YOUR BUDGET.
Let’s start with
your plans.
Five simple answers. A clearer picture of your deposit, finance options and repayments while you build.
For a new home and separately purchased land in WA.
Starts with Perth assumptions. Everything is adjustable.
YOUR HOME FINANCE
What you need.
How repayments grow.
Adjust figures, rates & eligibility
Planning estimates, not finance approval or personal financial advice. Confirm costs and eligibility with your lender and settlement agent.
FROM LAND TO KEYS
Why repayments grow as you build
The lender pays for each completed stage. As more of your loan is used, interest usually increases.
See how the loan balance grows
Only funds left after the full upfront requirement are available here.
What could leave your account each month
Select a month for details. Dates assume monthly payments on the settlement anniversary, with a final part-period adjustment at conversion. Your lender sets the actual debit dates.
PLAN FOR A RATE CHANGE
Could your budget handle a rate rise?
Compare monthly repayments after construction using your chosen rate increase.
Full funding and loan breakdown
BEFORE FORMAL FINANCE APPROVAL
Your funds to complete
SUPPORT THAT MAY APPLY
Grants & loan pathways
Answer the eligibility questions in Your figures. Benefits are combined only where compatible. A loan guarantee is not funds or a reduction in the purchase price.
Other assistance worth checking
Keystart Shared Ownership, Aboriginal Home Loans and Access Home Loans have product, property and personal criteria. Urban Connect targets eligible apartments/townhouses. These specialised arrangements are not automatically deducted from a detached house-and-land estimate.
First Home Super Saver releases your eligible super savings, not a grant. Enter only your confirmed net release available for settlement, separately from funds already counted.
The Home Buyers Assistance Account excludes vacant land and house-and-land packages. No HBAA or expired HomeBuilder payment is included.
PAYING FOR PROGRESS
Builder claims & loan drawdowns
The five percentages total the full building price. The deposit paid now is credited against the slab invoice. Your funds contribution is used first; lender funds follow.
Adjust claim percentages and timing
Weeks are measured from site commencement. Default planning points are 2, 11, 17, 27 and 44 of a 48-week build, with handover at week 48. These are editable assumptions, not promised completion dates.
Full monthly repayment schedule
Assumptions, sources & calculation notes
Interest is calculated daily at the annual rate divided by 365, including leap years, and posted monthly. Standard-loan construction payments clear the accrued interest. Keystart uses the entered minimum and adds unpaid interest to the balance. Fees are paid separately. P&I uses a monthly amortisation formula; a term starting at settlement is reduced by elapsed construction time.
Site commencement is the later of 20 weeks after the builder deposit and six weeks after land settlement. Both periods and the 48-week build are adjustable planning assumptions requested by Travis. Ross North’s construction guide supports the stage order, but does not promise these week numbers. The selected lender and signed building contract govern claims.
Duty assumes a standard arm’s-length vacant-land transfer and separate build contract. The whole relevant land value is used even with Help to Buy. Related-party, partial-interest, foreign-buyer exemptions and other unusual transactions need an assessed duty override. Grants do not change the contract price. No tax deductions, investment returns or future refinancing are assumed.
- RevenueWA: FHOG eligibility and value caps
- RevenueWA: first-home duty and contract-date thresholds
- RevenueWA: general transfer-duty rates
- Australian Government: 5% / 2% Deposit Scheme
- Help to Buy eligibility · 2026–27 income limits · construction funding
- Keystart: current property and income limits
- Keystart: construction payments and capitalised interest
- Keystart: Skilled Start
- Helia: obtain an indicative LMI premium · WA insurance duty
- Moneysmart: repayment comparisons
Let’s put your home
and budget together.
Discuss my home with Travis ↗For loan suitability and approval, speak with a licensed mortgage broker or lender.