First Home Buyer Calculator Australia 2025-26 | Grants & Schemes | IntuitiveCalc

First Home Buyer Calculator

Rates current for FY 2025-26 · FY 2026-27 rates from 1 July 2026 · Home Guarantee Scheme expanded 1 Oct 2025: no income caps, no place limits, higher price caps

Discover all the grants, concessions, and schemes available to first home buyers in Australia. See how much you could save.

Your Details

$
$
$

For couples, enter combined income

Your Benefits Summary

First Home Grant

$0

Stamp Duty Savings

$24,740

LMI Saved (Guarantee)

$15,000

Total Potential Savings

$39,740

Scheme Eligibility

Your Purchase Summary

Property Price $650,000
Your Deposit $50,000
Deposit Percentage 7.7%
Normal Stamp Duty $24,740
FHB Stamp Duty $0
Normal LMI ~$15,000

Savings Breakdown

First Home Buyer Schemes by State (2025)

State FHOG (New Homes) Stamp Duty Concession Price Cap
NSW $10,000 (new homes) Full exemption <$1.02M, conc. to $1.15M (indexed CPI annually from Jul 2025) $600k metro / $750k regional (FHOG)
VIC $10,000 (regional $20,000) Full exemption <$600k; concession $600k-$750k $750k (FHOG)
QLD $30,000 (until 30 Jun 2026) New homes: full exemption (any price); Existing: full <$700k, conc. $700-800k (from 1 May 2025) $750k (FHOG, new homes)
WA $10,000 Full exemption <$450k; conc. to $600k $750k south / $1M north of 26th parallel
SA $15,000 New homes: full exemption (no cap from 6 Jun 2024) No cap (new homes)
TAS $30,000 (until 30 Jun 2026) 100% concession on established homes <$750k No cap (FHOG)
ACT $0 (abolished) HBCS: income-tested concession ($170k single / $195k with deps) N/A
NT $50,000 (from 1 Oct 2024) HomeGrown Territory grant + stamp duty discounts No cap (FHOG)

Note: FHOG typically applies only to new homes. Eligibility criteria vary by state. Always check current rates with your state revenue office.

Federal Government Schemes

🏠

Home Guarantee Scheme Expanded — Effective 1 October 2025

The Federal Government has removed all income caps, removed all annual place limits, and significantly raised property price caps for the First Home Guarantee. Every Australian first home buyer with a 5% deposit can now apply.

First Home Guarantee (expanded)

  • - Buy with 5% deposit (no LMI)
  • - No income caps (abolished 1 Oct 2025)
  • - No annual place limits (abolished 1 Oct 2025)
  • - New price caps: Sydney $1.5M · Melbourne $950k · Brisbane $1M · Perth $850k
  • - New and existing homes eligible

Family Home Guarantee

  • - Single parents and single legal guardians
  • - 2% deposit, no LMI
  • - No income caps (1 Oct 2025 expansion)
  • - No annual place limit
  • - Previous home owners eligible

First Home Super Saver Scheme

  • - Save deposit in super (tax effective)
  • - Withdraw up to $50,000 (couples $100k combined)
  • - Voluntary contributions only ($15k/year max)
  • - Tax savings on contributions (15% vs marginal rate)
  • - Available to all first home buyers

Regional FHB Guarantee

Consolidated into the expanded Home Guarantee Scheme from 1 Oct 2025.

  • - Regional buyers use the standard FHBG (no separate place quota)
  • - Lower price caps apply outside capital cities
  • - Must have lived in the regional area for 12+ months

Source: housingaustralia.gov.au · expansion announced 24 Sep 2025, effective 1 Oct 2025.