5% deposit

  • 20% vs 5% deposit comparing for first home buyers

    20% vs 5% deposit comparing for first home buyers

    Australian Prime Minister Anthony Albanese has announced a government scheme to assist first-time homebuyers in Australia. The key components of the policy include that all first-time homebuyers will be eligible to purchase a home with just a 5% deposit. The government will guarantee up to 15% of the loan value, eliminating the need for…