@michael.rusli: Is it better to use a 5% government scheme or wait to save a 20% deposit for your first property? These numbers will vary depending which state your purchase and the cost of the property. Before proceeding contact your mortgage broker. If you would like to be connected tom my trusted team of brokers, head to the link in my profile. Disclaimer: This is not financial advice and is for educational purposes only. #finances #mortgage #governmentgrant
Both options suck, $140,000 down or have the government own half your home
2024-09-19 08:16:26
15
Will Allen :
With the government scheme, do they get a certain percentage if you decide to sell the property?
2024-09-16 07:35:33
2
LouisSayers :
Except you'll end up paying an extra $120k over the course of your 30 year loan. In both cases you'll pay more in interest than what the original house is worth.
2024-10-03 05:11:48
0
Jason Calvin :
I think some put a bigger deposit because of their limited borrowing capacity
2024-09-23 10:35:54
6
JC James 🇦🇺 :
Just do with 5% and getting into the market ASAP, last year I bought townhouse costs for $610K now it worth $700K in only 9months.
2024-09-20 07:48:43
4
Max Weichelt637 :
I'd love to see the Victorian homebuyer scheme, where the government pays up to 25% for a total deposit of 30%?
2024-10-22 23:47:56
2
Python :
can apply this for investors or.only for first home buyers?
2024-10-23 09:56:46
1
Moiz Khan :
What about the maintenance you need to pay for when you’re living in a house for 9 years? What about the council rates and other charges you need to pay as a home owner?
2024-09-19 13:41:37
1
adadu30 :
will 20% count for insurance
2024-11-12 09:06:29
0
Mixckz :
whats the interest amount difference over the life of the loan
2024-11-11 22:16:24
0
Yourmumisahoe :
The goal is to own the home not to own the debt so small loan has to be better
2024-11-11 15:13:09
0
calvin :
@Lulu
2024-10-23 08:06:43
0
E L L E N A :
@Max
2024-09-30 05:48:59
0
charlescarson412 :
LMI?
2024-09-20 22:26:51
0
Cavro :
What about stamp duty
2024-09-19 06:59:34
0
Maelee2609 :
Can you still make changes to the property if you go with the gov grant scheme
2024-09-19 01:17:56
0
joanna :
😂😂😂
2024-09-18 11:46:31
0
wesnile35 :
I ain't sharing crap with governments
2024-09-18 01:57:45
0
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