
Interest Only Mortgage Calculator
Find out how your repayments and total costs change throughout the life of your loan, during the interest-only period, after the interest-only period ends and total cost of interest-only mortgage.
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Buying or building your first home? Lucky for you, you may be eligible for a government grant that can make entering the property market more affordable.
Our FHOG calculator helps estimate how much support you could receive, so you can move into your new home sooner with greater confidence.
The First Home Owner Grant (FHOG) is a government initiative designed to assist first home buyers in purchasing or building a new home.
The grant is available for newly built homes, house and land packages, townhouses, units or apartments. The grant amount and eligibility criteria vary depending on the state or territory where the property is located.
If you’re buying or building your first home, you may be eligible for the FHOG. While specific rules vary by location, common criteria across Australia highlight the following:
Getting started with the FHOG calculator is simple. Begin by entering the required details. You need to specify the state or territory your property is in and provide the property value. Whether you’re a first home buyer, your intentions of use, along with the property type you wish to buy, are all essential pieces of information. All options are clearly presented; just select or input the relevant data based on your situation.
Once you’ve entered your details, the calculator will provide your estimated FHOG amount, any additional government incentives or grants you may qualify for, and the total financial assistance available to you. This gives you a clear understanding of how much support you can expect and helps plan your budget more effectively.
We are here to help with your queries. Call us today 07 3114 2281 and get started with your home owning journey.
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Find out how your repayments and total costs change throughout the life of your loan, during the interest-only period, after the interest-only period ends and total cost of interest-only mortgage.

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We are overwhelmed with our clients' overwhelming positive reviews and feedback.
Trustindex verifies that the original source of the review is Google. ⭐️⭐️⭐️⭐️⭐️ Had an amazing experience with Nice Loans. Big thanks to Suman Nepal and Akriti Maharjan for making my loan process smooth and stress-free. They were professional, supportive, and always clear with communication. Highly recommend their service!Posted on R KhadkaTrustindex verifies that the original source of the review is Google. Thank you nice teams especially suman dai and aakriti ji for assisting from the start till the end and guiding throughout the whole process. Highly appreciated and recommends to others. Thank you again.Posted on L lanceTrustindex verifies that the original source of the review is Google. The service provided by the Nice Loans team, especially Suman and Akriti, was exceptional. They were consistently available, highly professional, and patient in guiding me through my application. Despite last-minute challenges from the bank, they secured all approvals on time for the settlement of my first home in Australia. I highly recommend this customer-focused team for any home loan needs. Thank you, Suman and Akriti, for your outstanding support.Posted on P Kumar,Trustindex verifies that the original source of the review is Google. It was an excellent professional service received from Nice Loans team- Suman was great in securing my home loan, refinancing and dealing with banks making the whole process so smooth and informed. Akriti kept communicating informations timely and providing quick replies to my loan/banking enquiries. In the past I had my house rented through Nice team and that went very well (thanks to Milan and Suman) that is why I am again with them for new home loan and refinancing. I would recommend Nice Loans for anyone reading this review.Posted on A KoiralaTrustindex verifies that the original source of the review is Google. ⭐⭐⭐⭐⭐ We had an excellent experience with Suman Dai and Akriti from Nice Loans. From the very beginning, they made the entire process smooth, simple, and completely stress-free. They were professional, approachable, and always ready to answer any questions, which made everything much easier and less overwhelming. I truly appreciated their guidance and support throughout the process. If you’re looking for a team that is reliable, efficient, and genuinely cares about their clients, I highly recommend Suman Dai and Akriti at Nice Loans. Highly recommend 👌 👍 👏 🙌Posted on A ArkiTrustindex verifies that the original source of the review is Google. Overall experience was great! The transparency from Suman dai and team helped us figure out the right way of achieving our home loans. Aakriti sister and Milan dai have also been with us all the way through the process for any question we may have. With our personal ups and downs, they were all with us being very supportive. Thank you so much to the whole team for your amazing efforts to make it all happen for us. Definitely recommending to our circle!!Posted on E ShahiTrustindex verifies that the original source of the review is Google. Suman and Aakriti were super efficient and knowledgeable—got me a great rate with zero hassle. I’ll definitely use them again for my next property purchase.Posted on P andTrustindex verifies that the original source of the review is Google. I would like to thank the Nice Loan Team, Suman Ji & Akriti Ji for helping me and my husband with buying our second home. Very much expertise and professional team made our process assuring and smooth throughout. Thank you once again. Sarmila and KabinPosted on S LimbuTrustindex verifies that the original source of the review is Google. We are very thankful for all your service ,support, advice, prompt reply and guidance to get home loan and refinance journey to make our dream come true. We would highly recommend Suman ji and Akriti Ji. Thank you.Posted on K DyolanepaliTrustindex verifies that the original source of the review is Google. It was a pleasure to work with Nice Loan team for our first home loan. Special Thanks to Suman Nepal Dai, Aakriti Mam, Milan Dai and entire team for helping us throughout the process. They are very reliable, trustworthy, and very good with responding our queries quickly via phone calls and emails. Being a first home buyers we had a lot of questions and doubts regarding home loan but Suman Dai explained everything in details which made all clear. They are very professional, experienced team with good knowledge, they will explain the entire process and ensure that we are comfortable with home loan process. They have clearly guided us in each and every steps which made our journey smooth. I would highly recommend Nice Loan Mortgage broker to those who are looking for Home Loan. Once again thanks to entire team for making our journey smooth and stress free. We are thankful for your support and guidance.Posted on B Maharjan
The results provided by these calculators are estimates only and are based on the information you enter. They do not constitute financial advice, credit assistance, or a loan offer. Actual loan repayments, borrowing capacity, interest rates, fees, and eligibility may vary depending on your personal circumstances and the lender’s assessment.
Before making any financial decisions, you should seek independent financial advice or speak with a licensed mortgage broker.