Insights
First Home Buyers
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Why Your Pre-Approval May Be Worth Less After a Rate Rise
Read more →: Why Your Pre-Approval May Be Worth Less After a Rate RiseThe RBA lifted rates to 4.60%. Why a rate rise can shrink a pre-approval and what first home buyers can check before bidding.
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When Renting Works Out Cheaper Than Buying, and How to Tell
Read more →: When Renting Works Out Cheaper Than Buying, and How to TellHow to compare the real cost of renting against buying, with a worked example and the growth rate needed to break even.
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How a Gifted Deposit Works When a Parent Helps You Buy a Home
Read more →: How a Gifted Deposit Works When a Parent Helps You Buy a HomeWhat lenders need to see when part of your deposit is a gift from family, and how it differs from a family loan.
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Using the First Home Super Saver Scheme to Build Your Deposit
Read more →: Using the First Home Super Saver Scheme to Build Your DepositA couple can each put up to $50,000 of voluntary super contributions toward a first home deposit under the First Home Super Saver Scheme, which means $100,000 combined before you…
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How Long Does It Take to Buy Your First Home in Australia?
Read more →: How Long Does It Take to Buy Your First Home in Australia?Most first home buyers set aside 3 months for the whole process. The reality is often 6 to 12. Pre-approval, house hunting, legal due diligence, and settlement each carry their…
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The First Home Guarantee Explained: Who Qualifies and How to Apply
Read more →: The First Home Guarantee Explained: Who Qualifies and How to ApplyHow the First Home Guarantee works, who is eligible, property price caps by state, and how to apply through a participating lender.
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Pre-Approval vs Conditional Approval: What’s the Difference?
Read more →: Pre-Approval vs Conditional Approval: What’s the Difference?The real difference between pre-approval and conditional approval, and why it matters before you bid at auction.
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What Is Lenders Mortgage Insurance and How to Avoid It
Read more →: What Is Lenders Mortgage Insurance and How to Avoid ItLMI explained: what lenders mortgage insurance costs, how it’s calculated, and when you can avoid it.
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The Costs First Home Buyers Forget Beyond the Deposit
Read more →: The Costs First Home Buyers Forget Beyond the DepositThe upfront costs of buying your first home go well beyond saving a deposit – here’s what to budget for.