First Home Loan Resources & Broker Matching

What Is a First Homebuyer Loan?

• How it works: Learn how a first homebuyer loan is structured and how it compares with a standard mortgage.
• Who it’s for: Understand first homebuyer eligibility, including income, savings, and property price ranges.
• Low-deposit options: Find out when 5–10% deposit home loans may be available and what lenders look for.
• Support along the way: See how brokers and lenders you choose to work with – including any referred via our network – may be able to help with paperwork, applications, and settlement. Any personal advice will be provided by them, not by this website.

How Much Deposit Do You Need?

Wondering, “How much deposit do I need for my first home loan?” The answer depends on your lender, income, and whether you can access government schemes.

We break down typical deposit amounts, the impact of Lenders Mortgage Insurance, and how a low deposit home loan might work in your situation. Use our tools to estimate repayments, compare scenarios, and see how different deposit sizes affect your borrowing power.

Combine these insights with a savings plan so you can move from renting or living with parents into a place of your own sooner.

Government Schemes and Grants Explained

Confused about the First Home Loan Deposit Scheme, First Home Owner Grant (FHOG), or stamp duty concessions?

• Overview of major first home loan government schemes available around Australia.
• How stamp duty may be reduced or waived for first home buyers in some states and territories.
• Key differences between grants, guarantees, and concessions, and how they interact with your loan.

Our detailed explainers in the articles section walk through eligibility rules, property caps, and application steps so you can make the most of available support.

Step-by-Step: From Enquiry to Settlement

1. Check your situation: Review your income, savings, and credit history, and use our tools to estimate borrowing capacity.
2. Compare first homebuyer loan options: Look at interest rates, fees, features, and government incentives.
3. Apply and finalise: Prepare documents, submit your application, and work through approval, contracts, and settlement.

Plan, Compare and Stay Informed

Use our tools and resources to understand repayments, track changes in interest rates, and stay up to date with property and lending news across Australia.

Budgeting and Deposit-Saving Tips

• Simple strategies to grow your deposit while still enjoying everyday life.
• How to prioritise debts, subscriptions, and expenses when buying your first home.
• Ways to use budgeting tools and automatic transfers to stay on track.

Visit our calculators to test different savings timelines and repayment amounts so you can set a realistic home-buying goal.

Are You Eligible as a First Home Buyer?

Many people ask, “Am I eligible for a first homebuyer loan in Australia?” Eligibility can vary between lenders and schemes.

• Understand how employment type (full-time, part-time, casual, contractor) can affect your application.
• See how credit history and existing debts influence approval and interest rates.
• Learn about minimum deposit requirements and property value caps for first-time buyers.

Use an online pre-assessment via our quotes page to have your details referred to a licensed mortgage broker for a clearer picture of where you stand and what to improve before applying. Any eligibility feedback is indicative only and based on lender and broker criteria.

Learn from Experts and Other Buyers

Real stories and expert insights can help you feel more confident about your own first home journey.

• Case studies from first-time buyers across different states and price ranges.
• Interviews with mortgage brokers explaining current home loan trends.
• News updates on interest rates, lending rules, and property market changes.

Explore the latest updates in our news hub and browse detailed guides in the articles library. To learn more about how this site works, visit the about page.