Calculators

How much could it cost to build?

Let's get started

I'm

a first home buyer
an existing home owner
an investor

building a property to

live in
invest in

State

Australian Capital Territory
New South Wales
Northern Territory
Queensland
South Australia
Tasmania
Victoria
Western Australia

Postcode

Do you know your land value?

Yes No

What's the land value?

Do you know how much you're looking to buy land for?

Yes No

What's the land value?

Do you know your build cost?

Yes No

What's the build cost?

Estimate what the average build cost could be in your state or territory

Construction Style

Modern project home design (1960 to present)
Modern architect design (1960 to present)
Post War (1946 - 1959)
War (1914 - 1945), Federation (1891 - 1913)
Victorian (1840 - 1890)

Slope

Flat/Gentle
Moderate
Severe

Levels

Single

Double

Triple

Material

AAC panel, Blockwork
Brick veneer
Double brick
Other
Panel wall system
Rendered masonry
Sheet cladding, Stonework
Stonework veneer
Weatherboard - Artificial
Weatherboard - Timber

Roof Material

Concrete tile
Fibrecement covering
Metal covering
Slate
Terracotta
Timber shingles
Other

Bedrooms

0 Bedrooms
1 Bedrooms
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 Bedrooms
6 Bedrooms
7 Bedrooms
8 Bedrooms
9+ Bedrooms

Bathrooms

0 Bathrooms
1 Bathrooms
2 Bathrooms
3 Bathrooms
4 Bathrooms
5 Bathrooms
6 Bathrooms

Garage Spaces

0 Garage Spaces
1 Garage Spaces
2 Garage Spaces
3 Garage Spaces
4 Garage Spaces
5 Garage Spaces
6 Garage Spaces

Quality finish

Standard
Quality
Prestige

Floor area

I understand RAMS is using Cordell Sum Calculator owned by CoreLogic Australia to provide estimates. The information captured by the Cordell Sum Calculator takes the answers inputted and analyses them against construction industry data collated by CoreLogic to generate an estimate only. I have read the CoreLogic Terms of Use for this estimate.

I understand the RAMS Terms and Conditions for this estimate.

Calculating your build cost

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Your estimated build cost could be

${{ data.constructionData.build.buildCost| number:0 }} This is a very high level build cost estimate only. This does not consider the unknown costs such as site cost, landscaping, fencing etc. which may differ from property to property.

Let's look at what your borrowing needs could be

Your land value

Your build value

Borrowing amount of

Initial deposit required

${{data.loans[0].calculators.upfrontCosts.depositRequired | number: 0}}

Estimated value of land and build

${{data.constructionData.totalCost.amount | number: 0}}

The results of this calculator are estimates only. They are based on the information you have provided. If you change any of the information, including the interest rate, you will obtain a different result. Other fees, charges and costs may apply. This is not an offer of credit, and you should not rely on it. The actual amount you can borrow, and the applicable loan repayments, can only be determined once you submit a full application to us and we assess your application using our credit criteria applicable at that time. These estimates are indicative only and actual costs and the amount you could borrow may vary based on a number of factors including loan purpose. Before acting on the results of this calculator you should seek professional advice and contact your local RAMS Home Loan Specialist. Comparison rate
*Please note: The comparison rate for the relevant product is based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Estimate what your upfront costs could be (other costs and fees will apply)

Mortgage registration fees

$ {{ data.loans[0].calculators.upfrontCosts.government.mortgageRegistration | roundup | number : 0}}

Transfer fee

$ {{ data.loans[0].calculators.upfrontCosts.government.transfer | roundup | number : 0}}

Stamp duty on property

$ {{ data.loans[0].calculators.upfrontCosts.government.stampDuty | number : 0 }}

You may be eligible to choose annual property tax instead of upfront stamp duty. Please visit Service NSW Website for further details.

Mortgage duty

$ {{ data.loans[0].calculators.upfrontCosts.government.mortgageDuty | number : 0}}

Government grant

First home owner grant

$ {{ data.loans[0].calculators.upfrontCosts.government.firstHomeGrant | number : 0}}

If you are building new home and the total value of land and building is up to $750,000 then you may be eligible for First Home Owner Grant. Please refer to Office of State Revenue website for further details.

The First Home Owner grant is based on assumption that the total value of land and building is less than or equal to $750,000.

RAMS fees

$285 Loan settlement fee and $595 Application fee waived for RAMS Full Feature, Fixed Rate and Line of Credit home loans with a Value Advantage Package ($149 p.a.) - ie those two fees are $0.

RAMS Essential and Fixed Rate Classic home loans are not eligible for a Value Advantage Package.

Loan settlement fee

$0
$285

Application fee

$0
$595

Lender's Mortgage Insurance

$ {{ data.loans[0].calculators.upfrontCosts.lmi| number : 0}}

Dependants supported

Total gross income of all borrowers

Your estimated upfront costs could be

${{ data.loans[0].calculators.upfrontCosts.totalUpfrontCosts | number:0 }} This estimate is based on the information you have input and is subject to the assumptions provided and is subject to change. This estimate does not constitute an offer of credit or a quote and is only an estimate of the upfront costs you may have to pay based on the accuracy of the information provided. It does not take into account any product features and may not include all applicable fees and upfront costs you may incur.

Estimate what your ongoing costs could be (other costs may apply)

RAMS Full Feature, Fixed Rate and Line of Credit home loans are eligible for a Value Advantage Package ($149 p.a.). (Please note: Whilst the Package Fee is paid annually, 1/12th of the annual fee is included in “Your estimated ongoing costs” above)

RAMS Essential home loans have no Account Keeping Fees and are not eligible for a Value Advantage Package (ie those fees are $0).

Account keeping fees

$0 /year
$149 /year

Council rates

/month

Utilities

/month

Home and contents insurance

/month

Interest Only repayments in the first 2 years based on a fully drawn loan

$ {{ data.constructionData.repayments.interestOnly.initial | number : 0}}/month

and, Principal and Interest repayments for the remainder of the life of the loan

$ {{ data.constructionData.repayments.interestOnly.remainder | number : 0}}/month

Other ongoing costs

${{ data.loans[0].calculators.ongoingCosts.totalOngoingCostsWithoutRepayments | roundup | number:0 }} per month Assuming a 30 year loan term on RAMS Essential Home Loan with a variable interest rate of {{ (data.loans[0].calculators.upfrontCosts.residencyType == 0) ? data.loans[0].interestRate.ongoing.percent : data.loans[0].interestRate.ongoingInvestor.percent }}% p.a., comparison rate* of {{ (data.loans[0].calculators.upfrontCosts.residencyType == 0) ? data.loans[0].interestRate.comparison.percent : data.loans[0].interestRate.comparisonInvestor.percent }}% p.a. and $0 account keeping fee with 24 months Interest Only period and 28 years Principal and Interest repayment. If you wish to calculate your estimated monthly repayments using a different interest rate, please use our How much could my repayments be calculator. Please note: The comparison rate for the relevant product is based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Estimate how much you could afford to borrow

I'm borrowing

By myself With someone else

Dependants supported

Postcode

My salary before tax Excludes super, packaging or Fringe Benefits as well as bonuses, overtime and share options.

Weekly
Fortnightly
Monthly
Yearly

The other borrower’s salary before tax

Weekly
Fortnightly
Monthly
Yearly

Rental income Rent you're receiving now / expect to receive.

Weekly
Fortnightly
Monthly
Yearly

Other income Like dividends, bonuses, loadings, packaging or other Fringe Benefits – excludes salary and super.

Weekly
Fortnightly
Monthly
Yearly

Basic living expenses

Weekly
Fortnightly
Monthly
Yearly

Other expenses

Weekly
Fortnightly
Monthly
Yearly

Total credit card & overdraft limit e.g. $15k credit limit + $5k overdraft = $20k

Investment property expenses

Weekly
Fortnightly
Monthly
Yearly

Current home loan repayments Repayments on the home you live in, if none leave blank.

Weekly
Fortnightly
Monthly
Yearly

Current investment home loan repayments Repayments on all your investment properties, if none leave blank.

Weekly
Fortnightly
Monthly
Yearly

Current outstanding personal/other loan repayments e.g for a holiday

Weekly
Fortnightly
Monthly
Yearly

Please enter a valid postcode

Estimate of what you could borrow

${{data.loans[0].borrowingPower | number:0}} Assuming a {{ data.loans[0].loanPeriod.initial }} year term at an interest rate of {{ data.loans[0].interestRate.ongoing.percent }} % p.a.

Call us on 13 RAMS, thats 13 7267 about your situation to find the best solution for you.

Any amount you may be able to borrow can only be determined once you submit a full application to us and we assess your application using our credit criteria applicable at the time. These estimates are indicative only and actual costs and the amount you could borrow may vary based on a number of factors including loan purpose.