RBA Cash Rate: 4.35% · 1AUD = 0.71 USD · Inflation: 3.9%  

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Buy Invest Live
Home Loan Variable: 5.93% (6.13%*) • Home Loan Fixed: 6.09% (6.08%*) • Fixed: 6.09% (6.08%*) • Variable: 5.93% (6.13%*) • Investment IO: 6.13% (6.33%*) • Investment PI: 6.13% (6.33%*)

  Frequency Asked Questions

How Much Deposit is Required For My First Home?

This is a tough question to address without an understanding of your circumstances, For a first home a deposit of anywhere between 5% and 20% will be required, with the lower rate predicated upon Government assistance or grants.

Generally speaking, a deposit of 20% of the value of the property will save you from incurring additional fees such as Lenders Mortgage Insurance.

Some lenders will let you borrow up to 95% of the purchase price and then permit you borrow the cost of the Lenders Mortgage Insurance on top of that.

If you don’t have a deposit, you may borrow up to 100% of the property’s purchase price, in two ways:

  • Family Pledge. The Pledge allows a family member offers their property as security for you to purchase your property.
  • 100% House and Land packages. In some cases you may be able to borrow up to 100% of the price of the brand new home and land.

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      REVIEW

Owner Occ. (Selected P&I Rates)
Interest*
5.93%
Comparison*
6.13%
   
5.99%
6.04%
   
6.04%
6.06%
   
6.04%
6.07%
   
Selected Invest Products (P&I)
Interest*
6.13%
Comparison*
6.33%
   
6.14%
6.16%
   
6.14%
6.19%
   
6.19%
6.22%
   
Selected Multiple Lenders (Fixed)
Interest*
6.09%
Comparison*
6.08%
   
6.29%
8.13%
   
6.30%
7.30%
   
6.39%
7.00%
   
Selected Multiple Lenders (Variable)
Interest*
5.93%
Comparison*
6.13%
   
5.99%
6.04%
   
6.04%
6.06%
   
6.04%
6.07%
   
Selected BIg-4 Lenders (Variable)
No results matching criteria.
Selected Invest Products (IO)
Interest*
6.13%
Comparison*
6.33%
   
6.35%
6.37%
   
6.39%
6.30%
   
6.65%
7.68%
   
Home Loan Variable: 5.93% (6.13%*) • Home Loan Fixed: 6.09% (6.08%*) • Fixed: 6.09% (6.08%*) • Variable: 5.93% (6.13%*) • Investment IO: 6.13% (6.33%*) • Investment PI: 6.13% (6.33%*)
Head Office Located in Western Sydney
SYDNEY | MELBOURNE | BRISBANE | ADELAIDE

Comparison Warning: The comparison rate is calculated on a secured loan of $150,000 with a term of 25 years with monthly principal and interest payments. The comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Important Information: Applications are subject to credit approval, and those rates and products shown will not necessarily be suitable or available. Full terms and conditions will be included in our loan offer. Fees and charges may be payable. Interest rates are subject to change. Some offers and cashbacks do not apply to internal refinances and are only available from certain lenders with qualifying criteria. The information provided on this website (or in any related materials, communications, or tools) is of a general nature only and does not take into account your personal objectives, financial situation, or needs. While we aim to provide helpful and accurate information, it should not be considered financial advice or a substitute for professional consultation. We recommend that you seek personalised advice before making any financial or lending decisions. Please contact us to discuss your specific circumstances and goals. The information provided in our posts, videos, comments, and shared content is for general information purposes only and does not constitute personal financial advice. All views expressed are our own and do not necessarily reflect those of our aggregator, lender partners, or any associated entities. Any examples or scenarios used are illustrative only. Any testimonials or reviews are individual experiences and do not guarantee future outcomes. Social Disclaimer. This page/advertisement is not affiliated with, endorsed by, or sponsored by Facebook®, Meta®, Instagram®, LinkedIn®, YouTube®, Google®, or any of their associated companies. Facebook® and Instagram® are trademarks of Meta Platforms, Inc. LinkedIn® is a trademark of LinkedIn Corporation. YouTube® and Google® are trademarks of Google LLC.

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