Genuine Savings Calculator

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:

Savings held for three months or more
Term deposits with terms lasting more than three months
Funds salary sacrificed under the First Home Super Saver Scheme
Shares or managed funds you’ve held for at least three months
Equity in your current property

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.

Loan amount

Compare

Lender	Advertised rate	Comparison rate*	Monthly repayment	Rate Type	Ongoing Fee	Upfront Fees	Max LVR	as ofJuly 13, 2025

	5.54^%_p.a.	5.58^%_p.a.	^$2,852	Variable	^$0	^$530	90^%	More details
FEATURED	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
FEATURED 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. More details Disclosure
	5.49^%_p.a.	5.40^%_p.a.	^$2,836	Variable	^$0	^$0	80^%	More details
FEATUREDBuilt 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
FEATUREDBuilt 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. More details Disclosure
	5.64^%_p.a.	5.89^%_p.a.	^$2,883	Variable	^$250	^$250	60^%	More details
FEATURED100% 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
FEATURED100% 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. More details Disclosure
	5.49^%_p.a.	5.50^%_p.a.	^$2,836	Variable	^$0	^$0	60^%	More details
FEATUREDUp to $2k cashback (T&Cs apply)	Regional Australia Bank – Home Loan without Offset - OO,PI LVR 60% or less Up to $2k cashback when you take a loan with us (Terms and Conditions apply) Quick and Easy online application, with no upfront or annual fees. Unlimited additional repayments free of charge.
Disclosure
FEATUREDUp to $2k cashback (T&Cs apply) Regional Australia Bank – Home Loan without Offset - OO,PI LVR 60% or less Up to $2k cashback when you take a loan with us (Terms and Conditions apply) Quick and Easy online application, with no upfront or annual fees. Unlimited additional repayments free of charge. More details Disclosure
	5.64^%_p.a.	5.89^%_p.a.	^$2,883	Variable	^$248	^$350	60^%	More details
	Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 60%) Check your eligibility in as little as one minute
Disclosure
Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 60%) Check your eligibility in as little as one minute More details Disclosure
	6.14^%_p.a.	6.20^%_p.a.	^$3,043	Variable	^$0	^$799	95^%	More details
	IMB Bank – Budget Home Loan (Principal and Interest) (LVR 90%-95%)
IMB Bank – Budget Home Loan (Principal and Interest) (LVR 90%-95%) More details
	5.64^%_p.a.	5.66^%_p.a.	^$2,883	Variable	^$0	^$250	60^%	More details
	Ubank (part of NAB) – Neat home loan - max. 60% LVR (Owner occupied, Principal and interest)
Disclosure
Ubank (part of NAB) – Neat home loan - max. 60% LVR (Owner occupied, Principal and interest) More details Disclosure
	5.78^%_p.a.	6.17^%_p.a.	^$2,927	Variable	^$0	^$350	80^%	More details
	ME – CompleteME Home Loan - LVR 60% to 80% - $150,000 to $400,000
ME – CompleteME Home Loan - LVR 60% to 80% - $150,000 to $400,000 More details
	6.14^%_p.a.	6.49^%_p.a.	^$3,043	Variable	^$350	^$210	90^%	More details
	Heritage Bank – Home Advantage Variable $150,000 to $249,999 LVR >80% to 90%
Heritage Bank – Home Advantage Variable $150,000 to $249,999 LVR >80% to 90% More details
	6.29^%_p.a.	6.67^%_p.a.	^$3,092	Variable	^$0	^$0	90^%	More details
	Commonwealth Bank – Wealth Package Variable Home Loan (Principal and Interest) (LVR 80% - 90%)
Disclosure
Commonwealth Bank – Wealth Package Variable Home Loan (Principal and Interest) (LVR 80% - 90%) More details Disclosure
	6.39^%_p.a.	6.42^%_p.a.	^$3,124	Variable	N/A	^$325	95^%	More details
	P&N Bank – Basic Variable Home Loan >90% and =<95%
P&N Bank – Basic Variable Home Loan >90% and =<95% More details
	6.09^%_p.a.	6.15^%_p.a.	^$3,027	Variable	^$0	^$835	90^%	More details
	Great Southern Bank – Offset Variable - Owner Occupier Principal & Interest (LVR is above 80% and less than or equal to 90%)
Great Southern Bank – Offset Variable - Owner Occupier Principal & Interest (LVR is above 80% and less than or equal to 90%) More details
	5.69^%_p.a.	5.71^%_p.a.	^$2,899	Variable	^$0	^$250	80^%	More details
	Ubank (part of NAB) – Neat home loan - max. 80% LVR (Owner occupied, Principal and interest)
Disclosure
Ubank (part of NAB) – Neat home loan - max. 80% LVR (Owner occupied, Principal and interest) More details Disclosure
	5.69^%_p.a.	5.94^%_p.a.	^$2,899	Variable	^$248	^$350	80^%	More details
	Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 80%)
Disclosure
Macquarie Bank – Offset Home Loan (Owner Occupier, Principal and Interest, max LVR 80%) More details Disclosure
	5.64^%_p.a.	5.68^%_p.a.	^$2,883	Variable	^$0	^$530	90^%	More details
FEATURED	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
FEATURED 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. More details Disclosure
	6.19^%_p.a.	6.19^%_p.a.	^$3,059	Variable	^$0	^$0	80^%	More details
	Bank Australia Limited Trading as Qudos Bank – Qantas Points Home Loan (Owner Occupied) (PI) (LVR <80%) 10-20%
Bank Australia Limited Trading as Qudos Bank – Qantas Points Home Loan (Owner Occupied) (PI) (LVR <80%) 10-20% More details
	5.99^%_p.a.	6.02^%_p.a.	^$2,995	Variable	^$0	^$845	90^%	More details
	AMP – Essential Home Loan (Owner Occupied, Principal and Interest, $250,000+ <= LVR 90%)
AMP – Essential Home Loan (Owner Occupied, Principal and Interest, $250,000+ <= LVR 90%) More details
	6.04^%_p.a.	6.05^%_p.a.	^$3,011	Variable	N/A	N/A	80^%	More details
	Westpac – Flexi First Option Home Loan (Principal & Interest LVR 70-80%) (Promo)
Disclosure
Westpac – Flexi First Option Home Loan (Principal & Interest LVR 70-80%) (Promo) More details Disclosure
	5.89^%_p.a.	6.26^%_p.a.	^$2,962	Variable	^$10	^$150	90^%	More details
	Bank of Queensland – Clear Path Variable Rate Home Loan Discount Rate (max 90% LVR)
Bank of Queensland – Clear Path Variable Rate Home Loan Discount Rate (max 90% LVR) More details
	6.24^%_p.a.	6.59^%_p.a.	^$3,075	Variable	^$0	^$0	95^%	More details
	Suncorp Bank – Home Package Plus Personal Variable First Home Buyer Special (Principal and Interest) ($150k+, LVR 80%-95%)
Suncorp Bank – Home Package Plus Personal Variable First Home Buyer Special (Principal and Interest) ($150k+, LVR 80%-95%) More details
	6.29^%_p.a.	6.38^%_p.a.	^$3,092	Variable	^$8	^$350	60^%	More details
	NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60% or less
Disclosure
NAB – Tailored Home Loan Variable Rate - Principal and Interest LVR 60% or less More details Disclosure
	6.74^%_p.a.	6.74^%_p.a.	^$3,240	Variable	^$0	^$160	95^%	More details
	ANZ – Standard Variable Home Loan (Principal and Interest) (LVR < 80%)
Disclosure
ANZ – Standard Variable Home Loan (Principal and Interest) (LVR < 80%) More details Disclosure
	5.99^%_p.a.	6.02^%_p.a.	^$2,995	Variable	N/A	^$325	80^%	More details
	P&N Bank – Offset Variable Home Loan >70% and =<80%
P&N Bank – Offset Variable Home Loan >70% and =<80% More details
	6.64^%_p.a.	6.67^%_p.a.	^$3,207	Variable	^$0	^$635	90^%	More details
	Well Money – Well Balanced - LVR up to 90%
Well Money – Well Balanced - LVR up to 90% More details
	6.04^%_p.a.	6.26^%_p.a.	^$3,011	Variable	^$15	^$784	90^%	More details
	Bendigo Bank – Complete Home Loan (OO P&I 80% - 90%)
Bendigo Bank – Complete Home Loan (OO P&I 80% - 90%) More details
	6.19^%_p.a.	6.48^%_p.a.	^$3,059	Variable	^$350	^$350	95^%	More details
	ING – Orange Advantage (OO, P&I, $150k+, LVR >=90% - <95%)
ING – Orange Advantage (OO, P&I, $150k+, LVR >=90% - <95%) More details
	5.89^%_p.a.	5.90^%_p.a.	^$2,962	Variable	^$0	^$100	80^%	More details
	St.George – Basic Home Loan (for Owner Occupier P&I LVR 70-80%) (Promo)
St.George – Basic Home Loan (for Owner Occupier P&I LVR 70-80%) (Promo) More details
	5.89^%_p.a.	6.16^%_p.a.	^$2,962	Variable	N/A	N/A	98^%	More details
	Sucasa – Ultra Low Rate (Variable) - <98% LVR - No LMI (New Purchases)
Sucasa – Ultra Low Rate (Variable) - <98% LVR - No LMI (New Purchases) More details
	6.04^%_p.a.	6.44^%_p.a.	^$3,011	Variable	^$395	^$350	90^%	More details
	Bankwest – Complete Variable Home Loan (Owner Occupied) (New Lending) <90% LVR - P&I
Bankwest – Complete Variable Home Loan (Owner Occupied) (New Lending) <90% LVR - P&I More details
	6.23^%_p.a.	6.28^%_p.a.	^$3,072	Variable	^$0	^$800	90^%	More details
	MyState Bank – Special Residential Home Loan Offer OO P&I (LVR =80% -< =90%)
MyState Bank – Special Residential Home Loan Offer OO P&I (LVR =80% -< =90%) More details
	6.36^%_p.a.	6.57^%_p.a.	^$3,114	Variable	^$10	^$1,450	80^%	More details
	Bank of us – FlexiChoice MyHome Variable <80%LVR
Bank of us – FlexiChoice MyHome Variable <80%LVR More details
	6.64^%_p.a.	6.67^%_p.a.	^$3,207	Variable	^$0	^$450	80^%	More details
	Australian Military Bank – Variable Offset Home Loan
Australian Military Bank – Variable Offset Home Loan More details
	6.65^%_p.a.	6.66^%_p.a.	^$3,210	Variable	N/A	^$0	90^%	More details
	Regional Australia Bank – Home Loan with Offset - OO,PI LVR more than 90%
Regional Australia Bank – Home Loan with Offset - OO,PI LVR more than 90% More details
	6.53^%_p.a.	6.90^%_p.a.	^$3,170	Variable	^$390	^$400	90^%	More details
	Bank First – Premier Package Home Loan - Owner Occupied LVR 80-90%
Bank First – Premier Package Home Loan - Owner Occupied LVR 80-90% More details
	6.54^%_p.a.	6.57^%_p.a.	^$3,174	Variable	^$0	^$150	80^%	More details
	Credit Union SA – Owner Occupied Discounted Variable Rate (Principal and Interest)
Credit Union SA – Owner Occupied Discounted Variable Rate (Principal and Interest) More details
	6.58^%_p.a.	6.58^%_p.a.	^$3,187	Variable	^$0	^$0	80^%	More details
	The Mutual Bank – Budget Home Loan OO
The Mutual Bank – Budget Home Loan OO More details
	6.59^%_p.a.	6.59^%_p.a.	^$3,190	Variable	^$0	^$0	90^%	More details
	homeloans.com.au – Low Rate Home Loan (Principal and Interest) (Owner Occupied) (LVR < 90%)
homeloans.com.au – Low Rate Home Loan (Principal and Interest) (Owner Occupied) (LVR < 90%) More details
	6.60^%_p.a.	6.94^%_p.a.	^$3,193	Variable	^$395	^$0	95^%	More details
	Newcastle Permanent – Premium Plus Package - (LVR <95%)
Newcastle Permanent – Premium Plus Package - (LVR <95%) More details

Variable Home Loan P&I <90%

Product Features

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

Monthly repayments:$2,852

5.54%Advertised Rate (p.a.)

5.58%Comparison Rate*

More details

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 July 13, 2025. View disclaimer.

Important Information and Comparison Rate Warning

The entire market was not considered in selecting the above products. Rather, a cut-down portion of the market has been considered. Some providers' products may not be available in all states. To be considered, the product and rate must be clearly published on the product provider's web site. Savings.com.au, InfoChoice.com.au, YourMortgage.com.au and YourInvestmentPropertyMag.com.au are part of the InfoChoice Group. In the interests of full disclosure, the InfoChoice Group are associated with the Firstmac Group. Read about how InfoChoice Group manages potential conflicts of interest, along how we get paid.

Savings.com.au Pty Ltd ACN 161 358 363 operates as an Australian Financial Services Licensee and an Australian Credit Licensee Number 515843. Savings.com.au is a general information provider and in giving you general product information, Savings.com.au is not making any suggestion or recommendation about any particular product and all market products may not be considered. If you decide to apply for a credit product listed on Savings.com.au, you will deal directly with a credit provider, and not with Savings.com.au. Rates and product information should be confirmed with the relevant credit provider. For more information, read Savings.com.au's Financial Services and Credit Guide (FSCG). The information provided constitutes information which is general in nature and has not taken into account any of your personal objectives, financial situation, or needs. Savings.com.au may receive a fee for products displayed.

Explore the InfoChoice Group network: InfoChoice · Your Mortgage · Your Investment Property

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Important information

Savings.com.au provides general information and comparison services to help you make informed financial decisions. We do not cover every product or provider in the market. Our service is free to you because we receive compensation from product providers for sponsored placements, advertisements, and referrals. Importantly, these commercial relationships do not influence our editorial integrity.

For more detailed information, please refer to our How We Get Paid, Managing Conflicts of Interest, and Editorial Guidelines pages.

Editorial Integrity

At Savings.com.au, we are passionate about helping Australians make informed financial decisions. Our dedicated editorial team works tirelessly to provide you with accurate, relevant, and unbiased information. We pride ourselves on maintaining a strict separation between our editorial and commercial teams, ensuring that the content you read is based purely on merit and not influenced by commercial interests.

Learn more about our commitment to editorial integrity in our Editorial Guidelines.

Advertiser Disclosure

Our service is free for you, thanks to support from our partners through sponsored placements, ads, and referrals. We earn compensation by promoting products, referring you, or when you click on a product link. You might also see ads in emails, sponsored content, or directly on our site.

For more details, see How We Get Paid.

Product Coverage and Sort Order

We strive to cover a broad range of products, providers, and services; however, we do not cover the entire market. Products in our comparison tables are sorted based on various factors, including product features, interest rates, fees, popularity, and commercial arrangements.

Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes.

Additionally, certain products may present forms designed to refer you to associated companies (e.g. our mortgage broker partner) who may be able to assist you with products from the brand you selected. We may receive a fee for this referral.

You can customise your search using our sorting and filtering tools to prioritise what matters most to you, although we do not compare all features and some results associated with commercial arrangements may still appear.

For more details, visit How We Get Paid and Managing Conflicts of Interest.

Comparison Rate Warning and Base Criteria

For home loans, the base criteria include a $500,000 loan amount over 30 years. For car loans, the base criteria include a $30,000 loan over 5 years. For personal loans, the base criteria include a $20,000 loan over 5 years. These rates are only examples and may not include all fees and charges.

*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.

Monthly Repayment Figures

Monthly repayment figures are estimates that exclude fees. These estimates are based on the advertised rates for the specified term and loan amount. Actual repayments will depend on your circumstances and interest rate changes.

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.

Related Brands

Savings.com.au is proudly part of the InfoChoice Group, which includes InfoChoice.com.au, YourMortgage.com.au, YourInvestmentPropertyMag.com.au, and PerformanceDrive.com.au. The InfoChoice Group is associated with the Firstmac Group.

We may include products and services from loans.com.au, CarLoans.com.au, OnlineAuto.com.au, and YourMortgageBroker Pty Ltd, all associated with the Firstmac Group. Importantly, these brands are treated like any other commercial partner.

Learn more about how we manage conflicts of interest.

General Advice Disclosure

The information provided by Savings.com.au is general in nature and does not take into account your personal objectives, financial situation, or needs. We recommend seeking independent financial advice before making any financial decisions. Before acquiring any financial product, obtain and read the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD), and any other offer documents.

Rates and product information should be confirmed with the relevant credit provider. For more information, read Savings.com.au’s Financial Services and Credit Guide (FSCG).

Genuine Savings Requirement Calculator