First home buyers - cut out the confusion with advice you can trust

Buying your first home is an exciting time in anyone's life, but it can be confusing if you're unsure where to start. By speaking with us at Total Mortgage and Finance you're receiving an unbiased opinion with a professional, at no extra cost to yourself. We do the research, and we negotiate with the banks to get you the best rate.

How much deposit will I need for my first home loan?

As a benchmark, around 5-10% of the purchase price, however this may be less if you qualify for the First Home Owners Grant. Your Total Mortgage and Finance Broker will be able to calculate how much you need.            

    How do I arrange the first home buyer incentives?             

    The Government offer generous incentives to first home buyers. Your broker can help you arrange the first home owner grant and stamp duty concessions. Talk to your Total Mortgage and Finance Advisor.

What are all the costs of financing your first home?

Your costs include the lender's home loan application fee, possibly mortgage insurance, Government duties and other costs such as conveyancing and inspection costs. Your Broker can give your a further breakdown to get your started.

How much can I borrow for my first home loan?

How much you can borrow depends on how much deposit you have and your income. With our specialist software, your Total Mortgage and Finance Advisor can work out how much you can borrow.

How much will my repayments be?

Once you have chosen your loan, your Total Mortgage and Finance Advisor will tell you how much your repayments will be.

Finding your first home loan

Generally, basic low interest loans without the costly "extras" are often suited to first home buyers. They keep your interest payments and fees to a minimum.

Your Total Mortgage and Finance Advisor can help you choose a loan solution that is right for you, without all the running around.

Ready to talk to a home loan adviser?

You can contact a Total Mortgage and Finance Advisor for home loan advice. Or call John directly on 0411 046 628.