Nursing home fee estimator
Use the Nursing home fee estimator to help you to work out an estimate of what costs and fees you'll be
asked to pay when accessing aged care services.
Do you have a partner?
Answer 'yes' if you are legally married or in a de facto relationship, even if
you
live apart for health reasons.
Do you own, or are you currently paying off the home you live in?
It can include a house, unit, caravan, mobile home or interest in a retirement
village owned by either you or your partner.
Will a protected person live in that home?
A protected person is:
- Your partner or your dependent child
- Your carer who has lived with you for the past 2 years and is eligible for income support, or
- A close relation such as sister, brother, parent, child or grandchild who has lived with you for the past 5 years and is eligible for income support.
What is your estimated yearly income?
Income includes:
- income support payments from the Australian Government such as the age pension or service pension
- net income from rental property
- war widow/widower pensions and some disability pensions
- net income from business, including farms
- income from superannuation income streams such as annuities and allocated pensions
- overseas pension income
- family trust distributions
- dividends from private company shares.
Enter you and your partner's combined income
What is the value of your total financial assets?
Financial assets include:
- bank, building society and credit union accounts
- cash
- term deposits
- cheque deposits
- friendly society bonds
- managed investments
- listed shares and securities
- loans and debentures
- shares in unlisted public companies
- gold and other bullion
- gifted assets - if you have gifted amounts above $10,000 in the last year or $30,000 in the last five years, include the amount above these limits as a financial asset.
What is the value of your superannuation and other
assets
Other assets include:
- household contents and personal effects (these are typically valued at $10,000)
- foreign assets including investments, business interests and real estate
- investment property
- special collections such as stamps, art works or antiques
- superannuation balances
- private trusts, family trusts and private companies
- net retirement village entry contributions
- refundable accommodation deposits.
My total debts or loans on any assets included above
Do not include the mortgage on your family home, credit card debt, or personal
loans.
Total Fees
Per day
This is only an estimate. The fees payable will depend on your personal situation. You may wish to consider seeking financial advice.
