You can have only one family home. It can include a house, unit, caravan, mobile home or interest in a retirement village owned by either you or your partner.
A granny flat is not considered to be a home or an asset under the aged care asset test.
Your contribution to your care costs will vary depending on whether you are living with you partner or are permanently separated for health related reasons.
You should include
Do not include interest from your bank accounts or financial investments.
Enter the market value of your home less any outstanding mortgages on the home. You don't need to get the value of your home professionally valued. Include your best estimate of the market value based on other house sales in the area.
You should include bank, building society and credit union accounts
If you have a partner, enter your combined financial assets.
Do not include your family home.
Other assets include:
A debt is any loan, mortgage, charge or encumbrance held over an asset which has been included as a financial asset or other asset.
The Fee Estimator is provided as a guide for your general information only. It gives you an estimate of fees and payments for aged care, based on the information you enter at the time. The actual amount of the fees and payments payable will depend on your personal situation, the time you enter care, the information you provide to the relevant Australian Government Departments and your personal and financial information at the time of the assessment.
All reasonable care has been taken in preparing and designing the Fee Estimator and tools; however ASERA provides no warranty and makes no representation that the information provided by the Fee Estimator and tools is appropriate for your particular circumstances or indicates you should follow a particular course of action. You should consider obtaining independent legal, financial, taxation or other advice to check how the website information relates to your particular circumstances. ASERA is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly on or through this website, by use of the Fee Estimator.
We respect your privacy and the information you provide will not be used for any other purpose except to provide an estimate. We suggest you print or save a copy of the results from the estimator for your personal useASERA will not store the information you enter into the fee estimator. The information will be deleted once you close your internet browser.
You are single
Income estimate: p.a.
Net asset estimate:
Please note: If the value of your income or assets varies, your fees and payments may also change.