HELP Debt Alternative Servicing Calculator

Income & Tax Details

Person 1 Gross Annual Income ($)

Person 1 HELP Debt Outstanding ($)

Person 2 Gross Annual Income ($)

Person 2 HELP Debt Outstanding ($)

Is Family (for Medicare Levy Surcharge)

Has Private Health Insurance

Number of Adults

Number of Dependents

Estimated Monthly HEM: $2,007.00

Based on household composition and income

Use estimated HEM figure

Custom Monthly Expenses ($)

Proposed Loan Amount ($)

Loan Term (years)

Standard Interest Rate (%)

Standard Buffer (%)

Reduced Buffer for Method 2 (%)

These expenses are added to the HEM or manual living expenses amount.

Strata Fees and Body Corporate Fees ($)

Private Non-Government School Fees ($)

Child Support/Maintenance Payments ($)

Private Health Insurance ($)

Life/Accident/Illness Insurance ($)

Secondary Residence Costs ($)

Other Non-HEM Comparable Expenses ($)

Total Additional Monthly Expenses: $0.00