If you're a first home buyer, you need to consider other costs...
We can help with making the best decisions based on your needs and circumstances.
Contact us to learn more.
Choosing the right loan can have a direct effect on the success of your decision to purchase a new home.
The wrong loan can be inflexible, unnecessarily expensive and inappropriate for your needs. This is where our knowledge and experience can be invaluable. We'll look at your total situation and identify areas in which you can potentially save money by establishing the best loan structures and maximising the use of assets.
The federal government introduced the First Home Owner Grant (FHOG) in 2000 to facilitate buying first homes, there have been many changes since then. It would be be wise to check on the federal government "First Home Owner Grant" site for up-to-date details.
Various state governments have provided additional first home buyer benefits by way of stamp duty relief. For instance, in Victoria it now possible for first home buyers to pay only 50% of normal stamp duty.