PropPocket • BidReady
PropPocket • BidReady
Compare the cash needed upfront, the LMI trade-off, and the weekly ownership cost before the emotion of the decision takes over.Compare upfront cash, LMI and weekly cost before you bid.
Built for buyers. Powered by expertise.
One calm comparison before you bid, borrow, or negotiate.
Decision engine
Enter the essentials once. BidReady updates upfront cash, LMI, loan size, rent, tax effect, and weekly holding cost automatically.
Deposit, indicative stamp duty and LMI in one clean number.
Loan size and repayments change instantly as deposit changes.
Rent and tax (for investors), plus holding costs, flow into the final weekly view.
Deposit comparison
See the trade-off between upfront cash, LMI, loan size, repayments, and the real weekly cash-flow impact after rent, holding costs, and tax settings.
Upfront cash = deposit + indicative stamp duty + LMI
Upfront cash = deposit + indicative stamp duty + LMI
This card uses standard LMI. If a broker or lender confirms a waiver, model the possible professional waiver or enter a manual LMI quote.
Upfront cash = deposit + indicative stamp duty + LMI
Start with the few inputs that drive most decisions. Add advanced estimates only if you want to refine the output.
The deeper view fed by the essentials above.
Key result
Estimated weekly cash required after holding costs, including principal repayments.
This is a guide, not gospel. Rules, eligibility, lender treatment and personal tax position can change the result.
Tax deductions do not apply in owner-occupier scenarios, so no tax benefit has been included.
Higher confidence means more major assumptions have been filled in, such as strata, land tax, insurance, repairs, and tax settings.
Medium confidence guide: Good for comparing scenarios, but key inputs like property type, lender treatment and tax position can still move the result.
These figures are estimates only and are intended for decision support.
What you need to get into the property.
Lenders Mortgage Insurance protects the lender, not the buyer. It commonly applies when the deposit is below 20% and may be capitalised into the loan.
How the loan is structured and what the first year of repayments looks like.
This is a cash outflow that reduces the loan balance, rather than a deductible expense.
Approximate estimate based on the opening loan balance.
The main offsets that may reduce the cash strain of holding the property.
Weekly rent multiplied by 52, then reduced by the vacancy allowance. Excluded automatically for owner occupier scenarios.
Your bottom-line cash view after repayments, rent, and estimated tax effects.
Includes loan repayments, annual property costs, rent offsets, and estimated tax effects.
This is the headline cash-flow number. Principal is included for P&I loans and excluded for interest-only loans.
Short observations based on your current scenario.
Compared with 5% deposit, this setup reduces your annual out-of-pocket cost by $10,619.
Most of your year-one loan repayment is driven by interest, not principal.
A clean summary of the current scenario for review with a partner, broker, or adviser.
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This tool is for educational decision support only. Open the full disclaimer if you want the detailed assumptions.
All figures are guide estimates only, including duty, LMI, rent, tax outcomes, and annual property costs.
Indicative duty estimates use the selected state or territory, with selected common first-home relief settings modelled where they can be kept simple. Other concessions, surcharges, eligibility rules, timing rules, and special state or territory treatments may apply and can be entered manually.
For investment scenarios, this tool assumes interest, eligible holding costs, and any entered capital allowances may be deductible, while principal repayments are not. Tax estimates may include the Medicare levy if selected.
Capital allowances are a non-cash estimate only and are usually confirmed through a depreciation schedule or tax advice.
Land tax, additional insurance, agent fees, repairs, and other holding costs can now be entered separately to make the deductible-loss estimate easier to follow.
For owner occupier scenarios, rental income, deductible loss, and tax effect outputs are excluded from the calculation.
Tax outcomes depend on personal circumstances and should be reviewed with an accountant or adviser. This is a guide, not gospel.
This calculator is not personal financial advice, tax advice, or credit advice.
