First Home Buyer Calculator Australia 2025-26
First home buyers in NSW can receive up to $10,000 FHOG grant (new homes) plus stamp duty exemption saving up to $29,055 on a $750,000 property. This calculator shows your total grants, savings, and deposit shortfall.
FHOG Grant (NSW)
AUD10,000
Stamp Duty Saving (FHB exemption)
AUD23,985
Deposit Needed (20%)
AUD1,30,000
Savings Shortfall
AUD40,000
LMI Required?
Yes — deposit under 20%
FHOG $10,000 applies for NSW new homes up to $1,000,000 purchase price. Grant amounts vary by state. Stamp duty exemption thresholds and conditions vary. Always check current state government eligibility criteria.
What is the First Home Buyer Calculator?
First home buyers in Australia can access several government benefits: the First Home Owner Grant (FHOG), stamp duty exemptions or concessions, and the First Home Guarantee scheme (5% deposit with no LMI via government guarantee). Benefits vary by state.
Formula
Total Funds = Savings + FHOG Grant. Deposit Needed = Price × 20%. Shortfall = max(0, Deposit Needed − Total Funds).- P
- = Property purchase price
- S
- = Current savings
- G
- = FHOG grant amount
How to use the First Home Buyer Calculator
- 1
Step 1
Enter the property purchase price.
- 2
Step 2
Enter your current savings.
- 3
Step 3
Select whether the property is new (for FHOG eligibility).
- 4
Step 4
View grants, stamp duty savings, and your deposit shortfall.
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Frequently asked questions
What is the First Home Owner Grant in NSW in 2025?
The NSW FHOG is $10,000 for eligible first home buyers purchasing or building a new home valued up to $1,000,000. It is paid directly to your conveyancer at settlement.
Can I use super to buy my first home in Australia?
Yes. The First Home Super Saver Scheme (FHSS) allows you to make voluntary contributions to super and withdraw them (up to $50,000) for a first home deposit, taking advantage of the lower 15% super tax rate.
Sources
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