First Home DealHouse & Land Deal
Available for Home and Land packages
First home buyers or previous homeowners who haven't owned or had an interest in a real property in Australia (this includes owning land only) in the past ten years. Must be Australian Resident or Citizen.
Previous Year Notice of Assessment is a required information. Earning up to $125,000 for individuals or $200,000 for joint applicants, as shown on the Notice of Assessment (issued by the Australian Taxation Office)
Under this Scheme, min deposit required 5% of the property value. Loan amount will be 95% of the property value. Lenders Mortgage Insurance does not apply.
Example
House and Land Package $499,000
Proposed Loan 95% = $474,000
Min Savings Required - $25,000 (Under scheme as set out above)
Interest rate - 6.29% (Indicative Rate only. May vary depending on choice of bank)
Weekly Repayments - $677 per week
Loan term - 30 Years
Repayment Type - Principal and Interest
Bank - CBA
*T&Cs apply. Subject to approval.
Want to know more?
Contact us to book a free one-on-one chat to discuss this great deal if you are a first home owner, or have not owned or had an interest in a real property in Australia (this includes owning land only) in the past ten years.
