ESTIMATE OF FEES ASSOCIATED

WITH PURCHASE OF HOUSE AND LAND PURCHASE

Property Address:
5%
10%
20%
Deposit or 95% L.V.R Deposit or 90% L.V.R Deposit or 80% L.V.R
Land (contracted purchase price)
House (contracted purchase price):
Total: (includes land scaping & gardenning)
Less Deposit required:

$250,000.00
$200,000.00
$450,000.00
$22,500.00

$200,000.00
$230,000.00
$430,000.00
$43,000.00

$200,000.00
$230,000.00
$430,000.00
$86,000.00

Loan Amount

$427,500.00

$387,000.00

$344,000.00

$10,070.00
$1,000.00
$650.00
$615.00
$15,946.00

$10,070.00
$1,500.00
$650.00
$615.00
$12,169.00

$10,070.00
$1,500.00
$650.00
$615.00
NIL

Total Costs

$28,281.00

$25,004.00

$12,835.00

Funds Required at Settlement of Land

( Deposit + Costs ):

$50,781.00

$68,004.00

$98,835.00

$7,814.00

$7,131.00

$5,785.00

*Costs Associated with Investment Property Purchase

Contract Stamp Duty is Payable on Land ONLY (Each state will vary)
Solicitors Fees (estimate amount charged by your solicitor):
Disbursements (Registration of mortgage, transfer title searches):
Bank Application Fees:
Lender Mortgage Insurance (LMI)
[Tool - Genworth LMI Calculator: http://bit.ly/1pHvIDP]

(To be provided from an Equity Loan with one of

your existing Lenders or Cash Savings)
Estimate of interest for the period from land settlement through to
completion. (Interest During Construction)