Buying your first home is probably one of the biggest purchasing decisions you’ll ever make.
And figuring out which home loan will work best for you, your lifestyle and your budget is an even more critical decision. That’s why it pays to do your research and get the right home loan advice from the experts.
A new Australian Government initiative will begin on 1 January 2020 to support eligible first home buyers purchase their home sooner. The Scheme will provide a guarantee that will allow eligible first home buyers on low and middle incomes to purchase a home with only a 5% deposit. Click here to find out if you're eligible.
You can also read about how you can make this scheme work for you in our article Government Incentive Opens The Door to Home Ownership on our blog page.
The simple truth about buying your first home is that the more money you save, the less money you need to borrow. Saving money may seem daunting at first, but you’ll be surprised with just a few adjustments to your weekly budget how fast you’ll raise your first home deposit.
Another critical question! How much can you really afford to pay back? Use ours calculators to understand how much you can realistically afford to pay back each week or each month.
Eden Brae have aligned with a local mortgage broking company who has an extensive panel of accredited financiers that include all of Australia's major banks as well as hand selected boutique banks, who can assist with the following: