First Home Super Saver Calculator
Estimates the benefit of saving a first home deposit through super under the FHSS scheme.
Your result
Estimate only. Results update as you type.
How this calculator works
Contributions are taxed at 15% going in. On release they are taxed at your marginal rate less a 30% offset. The result is compared with saving after tax.
Worth knowing
You can contribute up to $15,000 a year and $50,000 in total. Apply for a determination before signing a contract.
Guides for this calculator
- First Home Super Saver Calculator Explained for Australians
- First Home Super Saver Mistakes Australians Make and How to Avoid Them
Questions
- Do these calculators match what my bank will say?
- Lenders use their own models, expense benchmarks and policies. Use these results to prepare, then speak to a lender or broker.
- Are stamp duty rates current?
- Duty thresholds are indexed or changed regularly. Always confirm with your state revenue office before relying on a figure.
- Is this financial advice?
- No. The calculators give general estimates only and don’t consider your objectives or financial situation.
This calculator gives general estimates using published Australian rates and formulas. It doesn’t consider your personal circumstances. Check current figures with the ATO, your state government or a qualified professional before making decisions. See our disclaimer.