Loan Establishment Cost Calculator
Total up the upfront establishment, valuation and settlement fees charged when setting up a new home loan.
Your results
Calculation breakdown
- Total
- application fee + valuation fee + settlement fee + LMI
Worked example
A loan with a $500 application fee, $250 valuation, $300 settlement fee and no LMI totals $1,050 in upfront establishment costs.
Assumptions
- Fees vary significantly between lenders; use the figures shown in your loan offer document for accuracy.
- Excludes stamp duty and other government property purchase costs, which are separate from loan establishment fees.
How this calculator works
This calculator adds together the common upfront costs of setting up a home loan, including the establishment fee, valuation fee, settlement or legal fee and any lenders mortgage insurance, to show the total cash needed at settlement beyond the deposit.
Frequently asked questions
Which fees are typically charged when setting up a loan?
Common upfront fees include an application or establishment fee, a property valuation fee, and a settlement or legal fee, though not every lender charges all of these.
Are these fees the same at every lender?
No, fees vary significantly between lenders and some waive certain fees as a promotion, so check your loan offer document for the exact figures to enter here.
Does this include ongoing account fees?
No, this calculator only totals one-off upfront establishment costs; check your loan for any ongoing monthly or annual account-keeping fees separately.
Results are estimates only and are not financial, tax, legal or credit advice.