Your Super Mate

First Home Super Saver (FHSS) calculator

Save up to $50,000 for your first home inside super at concessional tax rates. This calc shows exactly what you'd get out, after tax, vs saving the same amount in a regular savings account.

Built on 2025-26 ATO rates · Last reviewed April 2026

Net amount for deposit
$40,909
Equivalent savings-account outcome
$32,015
Same contributions, after-tax, 4.5% return
FHSS advantage
$8,894
At your 32% marginal rate

Salary sacrificing $15,000 into super saves roughly $2,550 in tax per year vs taking it as salary and saving outside. Over 3 years you contribute $45,000 gross, and when you release for your deposit you end up with $40,909.

The process. Make voluntary contributions via salary sacrifice or personal deductible contributions. When you’re ready to buy, apply for a determination via myGov (tells you the eligible amount). Then apply for release. Sign a contract within 12 months of receiving the release (extendable by another 12). Pay release tax via your normal tax return. First-home-buyers only — you can’t have previously owned Australian residential property.

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Where these numbers come from

Keep reading

FHSS explained end-to-end

General information only — not financial advice. Super decisions are long-term; verify with a licensed adviser.