Extra Repayment calculator for home loan

1. Stamp Duty Calculator

2. Welcome to Stamp Duty Calculator, the authoritative website for information and Tips on Stamp Duty, Home Loans, Rates; including Interest Rates and Stamp Duty Rates, Real Estate, plus a suite of Stamp Duty Calculator tools to assist you in calculating the stamp duty you will have to pay in the state you live Australia wide, with the associated fees in addition to the purchase price of your new home. Many people use a Stamp Duty Calculator to calculate the stamp duty due, then add that amount to their Home Loan. About Stamp Duty Calculator • http://www.stampdutycalculator.com.au

3. The Northern Territory Government provides a stamp duty First Home Owner Concession (FHOC) to persons purchasing their first home in Australia, or land on which to build their first home. From 4 May 2010, FHOC is an amount up to $26 730 off the duty payable which represents the duty on the first $540 000 of the dutiable value of the property. The FHOC is not means tested but the purchase price (including any GST payable) or unencumbered value of the home or land must not exceed $750 000 and $385 000 respectively. If building a home, there is no limit on the construction costs. Where these thresholds are exceeded, the FHOC does not apply but purchasers may be eligible for the Principal Place of Residence Rebate. Stamp Duty Northern Territory (NT) • http://www.stampdutycalculator.com.au

4. Stamp Duty SA – What is required? It is important as well as a requirement of law in South Australia that the purchaser legally records their interest in any land they purchases quickly and efficiently to protect their investment. The usual practice is that the purchaser will be responsible for the payment of the appropriate stamp duty and Lands Titles Office registration fees at the time either the purchaser or their representative arranges stamping and then lodges the documentation for registration at the Lands Titles Office. To use the Stamp Duty Calculator South Australia, enter the property value and the property type, whether that be residential or an investment property that will be rented out for example, and select whether you are a Fist Home Buyer in SA or not. The first home buyers calculator is included in a link in the calculator for Stamp Duty SA. Stamp Duty South Australia (SA) • http://www.stampdutycalculator.com.au

5. The NSW Stamp Duty Calculator is invaluable in calculating the Stamp Duty NSW (in New South Wales). A sale or transfer of land (including improvements) or a business in NSW is liable to Stamp Duty NSW. It is immaterial whether or not the transaction is effected by a written instrument or by other means, including electronic means. This Stamp Duty Calculator NSW is easy to use, simply enter the property value, the property type, and whether you are a First Home Buyer. You can then add this amount in to the Home Loan Calculator to get a more accurate repayment figure. Stamp Duty NSW – What is Stamp Duty NSW?A liability for duty arises when the sale or transfer occurs. However, if the sale or transfer is effected by a written instrument, liability for duty arises when the instrument is first executed. Stamp Duty NSW is payable within 3 months of the date liability arises. The purchaser or transferee is liable to pay the duty. Stamp Duty NSW includes the following transactions:– an agreement for sale or transfer– a declaration of trust– a surrender of an interest in land in NSW– a vesting of land by statute law– a foreclosure of a mortgage– a vesting of dutiable property by a court order. Note: this is not an exhaustive list, and full details of Stamp Duty NSW are contained in the Duties Act 1997 Stamp Duty New South Wales (NSW) • http://www.stampdutycalculator.com.au

6. People who purchase property (houses, land, land and improvements or commercial premises) located in the ACT must pay duty on that purchase. Duty is calculated on the greater of the purchase price or the market value of the property. This rate of duty is often referred to as conveyance rates as well as stamp duty ACT.To Use the Stamp Duty Calculator ACT simply enter the property value, the property type, and whether you are a First Home Buyer. If you are purchasing a home and/or land you may be eligible for assistance under the First Home Owner Grant and the Home buyer concession. Compliance obligations/requirementsPurchasers or their legal representative are required to lodge the contract for the purchase of the property and pay the duty within 90 days of the liability arising, e.g. execution (signing) of the contract. You should be aware that giving false or misleading information is a serious offence. Documents required on lodgmentA completed Conveyance Lodgment Form and the contract for the purchase of the property containing the vendor’s (selling party) signature or both signatures is required. You may also lodge the Memorandum of Transfer with the purchaser’s (buying party) signature at the same time or any time prior to settlement. NOTE: Your contract and a Memorandum of Transfer must be stamped by the ACT Revenue Office before the Registrar of Land Titles will place your name on the title of the property. Stamp Duty ACT • http://www.stampdutycalculator.com.au

7. Stamp Duty Victoria is charged on a range of different transactions including the transfers of Land. How is duty charged? The way that Duty is charged depends on the nature of the transaction. It can either be charged at a flat rate or based on the value of the transaction (ad valorem rate) This is why the Stamp Duty Calculator Victoria is a very useful tool, because to calculate Stamp Duty Vic. is quite complex, and depends on whether the property is for residential or non residential use. Using the Stamp Duty Calculator Victoria is very easy, and takes the guess work out of calculating the correct amount of Stamp duty Victoria. All you need to do is enter the property value for the property you are looking at buying, and choose the property type; depending on whether you will living in the home as your primary place of residence. Next select the First Home Buyer option; whether this is your first home purchased or not. The stamp duty calculator Victoria will show you the amount of stamp duty payable in Victoria. Stamp Duty Victoria (Vic) • http://www.stampdutycalculator.com.au