Check state FHOG grant eligibility ($10,000 to $30,000) and calculate tax savings by releasing up to $50,000 from super via the First Home Super Saver scheme.
Eligible for the full Queensland First Home Owner Grant.
FHOG = State Grant ($10k - $30k) if (New Build = True AND Price ≤ $750,000 AND First Owner = True)Grant is paid directly to your mortgage lender at settlement or first construction drawdown.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual ATO tax rates, superannuation rules, RBA cash rates, and lender criteria may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult an ASIC-licensed financial advisor or CPA prior to executing financial commitments.
Calculate net take-home pay across weekly, fortnightly, monthly and annual periods with updated Stage 3 tax cuts, Medicare Levy (2%), and 12% Superannuation.
Calculate compulsory HECS/HELP repayments based on your Repayment Income (1% to 10% tiers) and estimate annual inflation indexation impacts.
Estimate your 2% Medicare Levy, low-income threshold phase-in relief, and Medicare Levy Surcharge (MLS 1% to 1.5%) if you do not have private hospital cover.