Figuring out what you pay
Use our Fee Calculator
If you are required to contribute towards your Accommodation fees, there are three payment options you can choose from:
1. Refundable Accommodation Deposit (RAD)
You pay this as a lump sum. It’s a standard room price set by the aged care home and it’s fully refunded when you leave.
2. Daily Accommodation Payment (DAP)
This option is the equivalent of the option above…but paid in daily instalments. It’s an interest only payment and is non-refundable. For example, if a room cost $400,000, and the interest rates are 5% your daily fee would be charged at 5% of the $400,000 or $54.79 a day.
3. Combination Payment (RAD & DAP)
This option lets you split the accommodation cost between a Refundable Accommodation Deposit (RAD) and Daily Accommodation Payments (DAP). For example, for a $400,000 room, you could pay $100,000 as a refundable lump sum (RAD) and cover the remaining $300,000 through smaller, ongoing daily payments (DAP), offering flexibility to suit your finances. Only the partial lump sum payment (RAD) is refundable when you exit.