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Rent to Buy Calculator

Turn your rent into repayments.

See what you could afford to borrow based on what you're already paying in rent.
A family moving into their new home, carrying boxes and belongings indoors.
$
%
years

Using your current rental payments, you could be paying off an estimated loan of:

$244,953

With a 20 % deposit of $0, your total buying power could be

$0
This calculator is designed to give you an estimate of what size loan your rental payments may be able to service, using the interest rate and loan term you have selected in the calculator. It is not an indication of your borrowing power and has not taken into account factors that would be considered in a credit assessment if you apply for a home loan. The results do not constitute any agreement by any lender to provide credit. Initial calculations are based on average rent for a 2 bedroom apartment in Australia of $650 per week at 5.80% for 30 years, paying principle and interest.

Ready to make the leap from renting to owning?

We compare over 4,000 loan options from 35+ lenders to find the right fit for you.
Skip the guesswork and forget the comparison sites, our service is zero-cost, zero-obligation, and we handle the legwork so you don’t have to.

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Got questions or want a quick loan review or rate comparison?

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0412004919

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Privacy & Credit Guide
This website provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product.

Credit Representative 561468 (ABN: 20 340 228 934) is authorised under Australian Credit Licence Number: 384704