Savings .com.au

Genuine savings calculator

Our genuine savings calculator is designed to help you work out whether your savings are considered to be ‘genuine savings’, and whether a lender is likely to accept you or not based on your deposit size and savings habits.

Although every lender has its own genuine savings requirements, you can get a rough idea of whether your savings qualifies by entering the following information:

  • The price of the property
  • The loan amount
  • How much savings you’ve held for more than three months
  • Other savings you’ve held for less than three months (e.g. recent gifts/inheritance, sales of assets, tax refunds, bonuses, grants)
  • If you own a property, the property’s value and loan balance

Remember though, each lender will do a thorough dive into your finances during your application, so this calculator is no guarantee of approval or rejection.

What are genuine savings?

Genuine savings’ is what lenders use to describe savings you’ve built up yourself over a period of around three to six months and haven’t been earned through one-offs like work bonuses, selling a household item, inheritance or gifts from family.

‘Genuine’ savings are things like:

The bigger the deposit, the less genuine savings you’ll generally need, but you should still try to have some. Lenders look to genuine savings to see how responsible you are with money. Someone who has genuinely saved over the months and years is more likely to get approval compared to someone who can’t save but received a small fortune through winning at the pokies, for example.


Looking for a home loan?

Buying a home or looking to refinance? The table below features home loans
with some of the lowest interest rates on the market for owner occupiers.

Lender

Variable
More details
  • Available for purchase or refinance, min 10% deposit needed to qualify.
  • No application, ongoing monthly or annual fees.
  • Quick and easy online application process.
Disclosure

loans.com.au – Variable Home Loan P&I <90%

  • Available for purchase or refinance, min 10% deposit needed to qualify.
  • No application, ongoing monthly or annual fees.
  • Quick and easy online application process.
Disclosure
Variable
More details
Built and funded by CommBank
  • No application or ongoing fees. Annual rate discount
  • Unlimited redraws & additional repayments. LVR <80%
  • A low-rate variable home loan from a 100% online lender. Backed by the Commonwealth Bank.
Disclosure
Built and funded by CommBank

Unloan – Variable Rate Home Loan LVR < 80%

  • No application or ongoing fees. Annual rate discount
  • Unlimited redraws & additional repayments. LVR <80%
  • A low-rate variable home loan from a 100% online lender. Backed by the Commonwealth Bank.
Disclosure
Variable
More details
100% offset
  • Easy application. Fast approval. 100% offset.
  • Unlimited additional repayments free of charge.
  • Redraw available - Access additional payments.
Disclosure
100% offset

Ubank (part of NAB) – Flex variable home loan - 100% offset

  • Easy application. Fast approval. 100% offset.
  • Unlimited additional repayments free of charge.
  • Redraw available - Access additional payments.
Disclosure
Variable
More details
  • No application, ongoing monthly or annual fees.
  • Available for refinance or purchases. Quick and easy online application process.
  • Dedicated loan specialist throughout the loan application.
  • Discounted interest rate for 5 years for homes with an eligible solar system
Disclosure

loans.com.au – Solar Home Loan P&I <90%

  • No application, ongoing monthly or annual fees.
  • Available for refinance or purchases. Quick and easy online application process.
  • Dedicated loan specialist throughout the loan application.
  • Discounted interest rate for 5 years for homes with an eligible solar system
Disclosure
Variable
More details
  • Check your eligibility in as little as one minute
  • Apply online in as little as 15 minutes
  • Dedicated home loan experts are available to help
Disclosure

Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 60%)

  • Check your eligibility in as little as one minute
  • Apply online in as little as 15 minutes
  • Dedicated home loan experts are available to help
Disclosure
Variable
More details
Disclosure

Ubank (part of NAB) – Neat home loan - max. 80% LVR (Owner occupied, Principal and interest)

    Disclosure
    Variable
    More details
    Disclosure

    Macquarie Bank – Basic Home Loan (Owner Occupier, Principal and Interest, max LVR 80%)

      Disclosure
      VariableN/A
      More details

      Regional Australia Bank – Home Loan without Offset - OO,PI LVR 90% or less

        Variable
        More details

        IMB Bank – Budget Home Loan (Principal and Interest) (LVR 90%-95%)

          Variable
          More details

          ME – CompleteME Home Loan - LVR 60% to 80% - $150,000 to $400,000

            VariableN/A
            More details
            Disclosure

            Commonwealth Bank – Extra Home Loan (Principal and Interest) (LVR 60%-70%)

              Disclosure
              VariableN/A
              More details

              P&N Bank – Basic Variable Home Loan >90% and =<95%

                Variable
                More details

                Heritage Bank – Home Advantage Variable $150,000 to $249,999 LVR >80% to 90%

                  Variable
                  More details

                  Great Southern Bank – Basic Variable - Owner Occupier Principal & Interest (LVR is above 80% and less than or equal to 90%)

                    Variable
                    More details

                    Health Professionals Bank – Your Way Plus Variable Package Owner Occupier (LVR >90%)

                      Variable
                      More details

                      Greater Bank – Ultimate Discount Home Loan Package

                        Variable
                        More details
                        • Available for purchase or refinance, min 10% deposit needed to qualify.
                        • No application, ongoing monthly or annual fees.
                        • Quick and easy online application process.
                        Disclosure

                        loans.com.au – Variable Home Loan with Offset P&I <90%

                        • Available for purchase or refinance, min 10% deposit needed to qualify.
                        • No application, ongoing monthly or annual fees.
                        • Quick and easy online application process.
                        Disclosure
                        Variable
                        More details

                        AMP – Essential Home Loan (Owner Occupied, Principal and Interest, $750,000+, <= LVR 90%)

                          Variable
                          More details

                          Qudos Bank – Qantas Points Home Loan (Owner Occupied) (PI) (LVR <80%) 10-20%

                            Variable
                            More details
                            Disclosure

                            ANZ – Simplicity PLUS Home Loan (Principal and Interest) (LVR < 70%) (New Customer) Special offer

                              Disclosure
                              Important Information and Comparison Rate Warning

                              Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of June 22, 2025. View disclaimer.

                              Important Information and Comparison Rate Warning