Estimate Your Funds Required for Settlement

Calculate how much money you may need available to complete your property purchase after finance and other amounts are considered.

PREPARE FOR SETTLEMENT DAY

Know What You May Need to Contribute

Bring together your purchase price, deposit, loan proceeds and transaction expenses to estimate your remaining settlement contribution.

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FAQs

Funds to Complete FAQs

Your deposit is only part of the equation. These FAQs explain what can change the cash required at settlement.

What does “funds to complete” mean?

Funds to complete generally refers to the amount you need to contribute from your own available funds so the property purchase can settle after loan proceeds and amounts already paid are taken into account.

Yes. A deposit already paid under the contract is generally credited towards the purchase price, reducing the remaining balance payable as part of settlement.

They can. Depending on how your lender and settlement are structured, land transfer duty and other government charges may form part of the funds required to complete the transaction.

Final figures may change due to settlement adjustments, lender deductions, updated council or water charges, duty calculations, registration fees or other transaction-specific amounts.

Include any lender or finance costs that you expect to be deducted from the loan advance where those deductions reduce the amount actually available at settlement.

The final amount can generally be confirmed closer to settlement once adjustments, lender funds, duty and other outstanding settlement figures have been finalised.

Want to Be Ready for Settlement Day?

Our conveyancing team can help you understand the transaction figures and requirements leading into your scheduled property settlement.