First Home Buyers

A HELPING HAND FOR FIRST HOME BUYERS

The sales team at Ferry Property are working together with several builders, developers and local home brokers to create an easy and affordable way into the housing market.

The biggest problem facing first home buyers is saving the 5-20% deposit, so we are helping first home buyers get into their new home sooner by accepting the government’s First Home Buyers Grant as part of the deposit.

For a limited time only the First Home Buyers Grant is a huge $20,000.

DID YOU KNOW YOU CAN GET INTO YOUR NEW HOME WITH $2000 DEPOSIT!

How can a first home buyer get into their home with ONLY $2000 DEPOSIT?!!

Ferry Property is working to get First Home Buyers into their own home easily. With many buyer incentives from the Government, Military and developers, and if you are an eligible first home buyer, we can help you secure finance to buy or build your new home sooner.

Qualified applicants can use the First Home Owners Grant towards the deposit.

Below are some examples repayments for different price levels based on brand new homes for eligible first home buyers.

$327,000 HOUSE – NOW $2000 Deposit + First Home Owners Grant
To purchase based on $2000 deposit your total loan (ready built only) will be $310,650.70
Repayments based on a variable rate of 4.66% will have you paying approximately $399 per week.
Or with a $5000 deposit & a rate of 3.99% will have you paying approximately $ 365 per week.

$357,000 HOUSE – NOW $3000 Deposit + First Home Owners Grant
To purchase based on $3000 deposit your total loan (ready built only) will be $347,999.70
Repayments based on a variable rate of 4.66% will have you paying approximately $447 per week.
Or with a $6000 deposit & a rate of 3.99% will have you paying approximately $397 per week.

$361,000 HOUSE – NOW $3000 Deposit + First Home Owners Grant
To purchase based on $3000 deposit your total loan (ready built only) will be $350,999.70
Repayments based on a variable rate of 4.66% will have you paying approximately $451 per week.
Or with a $6000 deposit & a rate of 3.99% will have you paying approximately $402 per week.

$388,000 HOUSE – NOW $4000 Deposit + First Home Owners Grant
To purchase based on $4000 deposit your total loan (ready built only) will be $375,340.70
Repayments based on a variable rate of 4.66% will have you paying approximately $484 per week.
Or with a $8000 deposit & a rate of 3.99% will have you paying approximately $439 per week.

To qualify for a loan for you very first new home you must have:

  • 6 months in current employment or 2 years continuous employment in same industry
  • 5 years clear credit history (no defaults, judgement or listing.) Credit checks available from our financial specialist.
  • Low unsecured debt position

If you cannot meet this criteria there other options available! Do you have any to the following?

  • A family member that has equity in the home and is willing to use this to help secure your loan, OR
  • A minimum of 6 months current good rental conduct through an agent in your names OR
  • A gift or lump sum that can increase your deposit to 10% (This 10% can include FHOG, gifts, lump sums and savings)

Contact our first home buyer specialist to explore all your options today.

Brendon Joynson

brendonj@ferryproperty.com.au - 0427 297 436

 


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*All options shown here are based on a Liberty Finance Loan, Beyond Bank or westpac with non-genuine savings and based on a 3.99% – 4.66% interest rate.
All figures listed above do not include legal/conveyancing costs or govt fees in the minimum deposit required.
Allow for approximately $1200 for conveyancing and the government fees as required.

Information is subject to change without notice. All applications for loans or credit are subject to normal lending criteria of the institution providing the loan or credit. Terms, conditions, fees and charges may apply. Whilst all care has been taken in compiling information in this brochure, and it is provided in good faith, this information is not to be relied on as a substitute for professional advice. Ferry Property accepts no responsibility for the accuracy, completeness or timeliness of the information. For more information contact your Ferry Property representative.