First Home Owners Grant Calculator

First Home Owners Grant Calculator: Maximise Your Grant

See how much you can save with our First Home Owner Grant Calculator!

Purpose

The First Home Buyers Calculator helps first-time homebuyers estimate the government grants and incentives they may be eligible for. This tool assists in understanding the financial benefits available to ease the entry into the property market.

Required Information

Property value
Property location (state/territory)
Buyer status (first-time buyer)
Occupancy status (owner-occupier, investor)

Enter Property Value:

Input the price of the property you wish to purchase.

Select Property Location:

Choose the state or territory where you intend to buy the property.

Confirm Buyer Status:

Indicate that you are a first-time homebuyer.

Specify Occupancy Status:

Select whether you will be living in the property or using it as an investment.

Tips for Maximising the Calculator

Complete Information: Ensure all income and expenses are accurately listed for a realistic borrowing power estimate.
Scenario Analysis: Adjust income and expense figures to see how changes impact your borrowing capacity.
Consult Professionals: Use the calculator results as a starting point and seek advice from financial professionals.

Glossary

Borrowing Power: The maximum amount a lender is willing to loan to a borrower.
Income: Money received from various sources, including salary and investments.
Expenses: Regular financial commitments, including living costs and loan repayments.

Choose Loan Calculator

Our tools are not just calculators; they are your first step towards smarter financial planning.

Stamp Duty Calculator

Calculate the tax payable on your new property purchase with ease.
Understand potential concessions or exemptions you might be eligible for.

Loan Repayment Calculator

Visualise your monthly repayment schedule.
Adjust the interest rates and term to see how it impacts your monthly budget.

Borrowing Power Calculator

Discover how much you could potentially borrow based on your income and expenses.
Plan your purchase with confidence knowing what you can afford.

Step 1: Initial Consultation

Personalised Assessment: We begin with a one-on-one consultation to understand your specific needs, financial situation, and long-term goals.

Information Gathering: We'll discuss the type of property you are interested in, its size, location, and your financial details to tailor the best loan options.

Step 2: Exploring Finance Options

Presenting Choices: Based on our initial consultation, we'll present a range of loan products from various lenders that best suit your unique requirements.

Expert Guidance: Our team will explain the pros and cons of each option, interest rates, repayment structures, and any special conditions.

Step 3: Application Preparation

Document Compilation: We assist in gathering all necessary documentation, including proof of income, property details, and any other required financial information.

Application Submission: We ensure your loan application is comprehensive and robust, increasing the likelihood of approval.

Step 4: Loan Processing

Lender Liaison: We act as your advocate, liaising with lenders to navigate the complexities of the lending process.

Status Updates: Regular communication is maintained throughout the loan processing phase, keeping you informed at every step.

Step 5: Approval and Settlement

Approval Notification: Once approved, we'll discuss the loan agreement details, ensuring you understand all aspects of the contract.

Settlement Coordination: We coordinate the settlement process, ensuring all legal and financial requirements are met for a smooth transaction.

Step 6: Ongoing Support

Post-settlement Assistance: Our relationship doesn’t end at settlement. We offer ongoing support for any future adjustments or refinancing needs.

Continuous Partnership: We take pride in being a part of your financial journey, committed to helping you achieve and maintain your financial goals.

Loan Application Process

Our team of specialist mortgage brokers guide you every step of the way.

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Give us a call

Specialist brokers help guide you through the steps to get your loan secured.

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Get your mortgage approved

Reach out to us. Let us help you achieve your goals.

Contact us to start saving time and money

Still unsure?

Check out our loan guides to make informed decisions to fit your unique situation

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Craig Gadsden

Loan Expert

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First Home Owners Grant Calculator: Maximise Your Grant