Saving for a deposit is no easy thing to do, especially when the interest rate on savings accounts is so low and property prices continue to rise.
When saving for a deposit every single bit counts. You should take the time to consider your income and lifestyle expenses as well as find a suitable bank account which fits your savings time frame, has great account features, minimal banking fees, and a high interest rate.
In Australia every State government provides first home buyer with incentives such as the First Home Owners Grant (FHOG)
To see what government help you might be eligible for please select your State:
You’ve saved a deposit but you aren’t sure what to do next. It’s time to speak to a home loan expert about your borrowing capacity and eligibility for your first home loan. An FHBA Mortgage Broker can assist you with this. A Mortgage Broker is a qualified professional who takes the time to understand your circumstances & needs and then assists you in finding a suitable home loan. But we don’t stop there – our friendly Brokers also explain all the steps, assist you with loan application paperwork and even assist you with applications for things like the First Home Owners Grant & Stamp Duty concessions.
At FHBA we understand that it is difficult finding and buying your first home. We also understand that an ideal first home is different to everyone. You may be after a brand new house & land package, a townhouse, an established renovators delight or an entry level existing apartment
You may have a location in mind, or you may not know where to buy. You may have a large budget or a low budget
Regardless of the type of property you are after, we are here to help your great Australian dream become true!
You may only be dreaming of stepping into your first home right now, but when it’s time to settle and move in you want to be ready for that exciting day. There is a lot to consider before moving in, including moving furniture and organising utility & internet connections.
We also ask you to consider how important your new asset is and what contingency plans you have in place to protect your first home (and your ability to meet repayments) from some of the unexpected events that life can throw your way.
I couldn't have done it without First Home Buyers Australia- FHBA.
I really appreciated the FHBA team's efforts through the whole process. And particularly appreciated you keeping me in the loop throughout. FHBA also helped me negotiate a better deal with the real estate agent, saving me thousands of dollars!
I've just finished moving everything in now and was very happy with the outcome of the whole process.
If you are looking for a loan and need to make sure you have the appropriate insurance cover, definitely check FHBA out they are lifesavers!
When we started looking for our first property over a year ago we were so overwhelmed with all the information on the "current market", auctions, negotiations and week after week inspections that we nearly gave up our search until we came across FHBA.
The guidance given to us by Taj along with his passion of helping young families like us buy our first property was extremely comforting knowing that we always had someone working on our side, who would consider our needs and work within our budget.
We are finally in the "market" and we can't thank Taj enough for the speed and efficiency in which he responded to our endless emails, phone calls, questions we threw at him and the recommendations of solicitors, insurance companies etc to ensure we had covered all aspects of purchasing our first home.
We have no hesitation recommending Taj and FHBA to family, friends and anyone needing any information or looking to buy a property!
Taj was friendly, very professional and knowledgeable. He made an otherwise stressful journey feel exciting. We value his honesty most. He always made sure we understood the reality of the situation and that in turn has helped us make the most informed decision about how much we could borrow. We will recommend him to family and friends in a heartbeat.
You want to buy your first home but you’re not sure if you have saved enough to afford it?
Our free FHBA Eligibility Estimator allows you to quickly estimate in 60 seconds if you can afford to buy your first home in your preferred suburb. Plus upon completion, we will instantly send you a complimentary & comprehensive Postcode report from Australian Property Monitors (APM)
Are you looking for an answer to one of the below?
Check if you can afford to buy your desired property type in your dream suburb and eligibility for Government Grants and/or incentives
Check what the minimum deposit required is & the difference between buying with a 5%, 10% and 20% deposit.
Get insights into your dream first home suburb, including median property prices, recently sales and other useful suburb statistics
First Home Buyers Australia (FHBA) was created by Daniel Cohen and Taj Singh because they know how tough first home buyers are doing it and they want to see more Australians achieve the great Australian dream of home ownership.
At FHBA we assist all first home buyers. No matter what location, what budget, your desired property type, or what stage you are at, we are Australia’s leading first home buyer organisation and we here to help you next.
Disclaimer: The information throughout our website is general in nature and should not be relied upon. Before making any financial or property decisions you should seek professional advice from a licensed professional. Please contact us for further information. The credit license responsible for the mortgage service offered to clients is Mortgage Australia Group Pty Ltd, Australian Credit License (ACL) number 377294, Australian Business Number (ABN) 99 091 941 749. Mortgage Australia Group Pty Ltd is a member of the Mortgage & Finance Association of Australia (MFAA). FHBA Pty Ltd is an authorised credit representative of Mortgage Australia Group Pty Ltd.