Estimate your total project cost, loan structure, and cashflow at every build stage
Common extras NOT included in your building contract. Lenders typically allow quotes up to 10% of contract value.
Pro Tip: Most builders quote a base price. Driveways, landscaping, curtains, and flooring upgrades are almost always extra — budget for these upfront to avoid cashflow stress during the build.
During construction you pay interest-only on the amount drawn — not the full loan. Repayments grow progressively with each progress payment.
Once construction is done and you move in, your loan converts to principal & interest on the full amount. Rent savings offset total outgoings.
Key Insight: Repayments are lowest at the start and grow with each progress draw. Most lenders require your own funds to be used first before drawing on the construction loan. A broker can structure your loan to minimise cashflow pressure during the build.
Get a complimentary review from Daniel Nguyen, Principal Broker — Finance Hub & Networks (ACL 573164). We specialise in construction loans across Sydney, Melbourne & Adelaide.
By submitting this form, you consent to Finance Hub & Networks contacting you about your construction loan enquiry. We respect your privacy and will never share your details. Finance Hub & Networks Pty Ltd ACN 644 141 613 | ACL 573164 | Credit assistance provided through Connective Credit Services ACL 389328.
Daniel will personally review your figures and contact you within one business day to discuss your construction loan options.
In the meantime: explore finhub.net.au