@michael.rusli: Is it better to purchase using a 5% government scheme or to save a more traditional 20% deposit? In this breakdown we are not accounting for stamp duty as it would be the same cost for 5% vs 20% regardless of how much you put down The interest rate is currently 6.25% using the 5% scheme along with a 20% deposit making it very attractive and competitive I have done the growth at a modest 5% versus the long term average of 6.8% - using more realistic numbers Factoring in periods of significant growth vs stagnant growth If you’d like to know how much free money through government schemes you can claim or just be supported on your home buying journey Click the link on my profile to speak to one of my mortgage brokers for free. Disclaimer: This post is for informational purposes only and should not be taken as financial advice. Please consult a qualified financial advisor for guidance tailored to your specific circumstances.

Wealth By Michael

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Saturday 08 August 2026 05:45:21 GMT