While I've been working with my finance broker to sort out various mortgage structures and potential purchase prices, I stumbled across a useful Australian site for calculating ballpark fees associated with the purchase of a property. This isn't by any means an exhaustive look at all upfront costs, as there are other non-bank related things to sort out like utilities / services re-connection, moving costs, etc, which all need to be factored in. This was more to help me model a few purchase scenarios so I know what capital I needed in order to purchase at varying prices and what money I'd have leftover for renovations / improvements, furniture, etc.
The site is MyBank, and the page was their Borrowing Costs Calculator:
http://mybank.com.au/cost.asp
The site was one of the more well-rounded websites that allowed me to enter my deposit values and purchase price in order to see what things like Stamp Duty and LMI would look like (Lender's Mortgage Insurance is for anyone borrowing more than 80% of the property purchase price in Australia).
Again, this isn't a perfect site, but as I mentioned it's helped me model various finance situations. Here's an example of a dummy calculation:
I hope others find this site useful.
Cheers!
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