Downsizing Benefit Calculator

See how much you could release by downsizing

Your Details

Your Age

Downsizer super contributions available from age 55

Current Property

Current Home Value

Remaining Mortgage

Estimated Selling Costs

Agent fees, marketing, legal (~2.5-3% of sale price)

New Property

New Home Purchase Price

Buying Costs (Stamp Duty + Legal)

Calculate stamp duty →

Moving & Setup Costs

Cash Released

$295,000

Available after downsizing transaction

Financial Summary

Current Equity$1,600,000

Net Sale Proceeds$1,555,000

Total Purchase Costs-$1,260,000

Equity in New Home$1,200,000

Total Wealth Position$1,495,000

Downsizer Super Contribution Eligible!

At age 62, you could contribute up to $295,000 to super (or $295,000 as a couple).

This doesn't count towards contribution caps. Consult your financial adviser.

Mortgage Freedom Benefit

By paying off your $200,000 mortgage, you'll save approximately $1,083/month in interest payments.

This calculator provides estimates only. Actual costs and returns may vary. Consult with Michael for an accurate appraisal of your current home.

Get Your Free Appraisal

Know exactly what your home is worth

Downsizing Benefit FAQs

Understanding the downsizer contribution and financial benefits of downsizing.

The downsizer contribution allows Australians aged 55 or over to contribute up to $300,000 per person (or $600,000 per couple) from the sale of their home into superannuation. This is on top of normal contribution caps and does not count towards the non-concessional contribution cap or trigger the total super balance test.