Buying your first home is exciting, but it’s a big step to take and one that comes with many questions and decisions. The first major questions are how much you can borrow and what your likely repayments will be.
Our tools and calculators make it easy to work out how much you can borrow based on your income and expenses, estimate your home loan repayments, and work out how to repay your loan faster.
Estimate your home loan repayments and work out how to repay it faster.
Use your details to estimate how much you could borrow.
Because you’re a first home buyer, you may be eligible for a first home buyer grant. This grant may be available to Australian citizens or permanent residents who wish to buy or build their first home, which will be their principal place of residence within 12 months of settlement.
As grant conditions vary from state to state, click on your state to find out more about eligibility requirements and how much grant money you could receive.
Check out our First Home Buyers FAQs which can assist you with questions relating to the amount you can borrow, choosing the right home loan, repayment amounts, additional fees/costs, and more.
We’re all unique when it comes to our finances and borrowing needs. Contact us today, we can help with calculations based on your circumstances.
We’re all unique when it comes to our finances and borrowing needs. Our borrowing power calculator is a great place to start to work out how much you can borrow. Check it out and then get in touch with an AFG broker so we can help with calculations based on your circumstances.
Our guides to loan types and features will help you learn about the main options available.
Most lenders offer flexible repayment options to suit your pay cycle. Aim for weekly or fortnightly repayments, instead of monthly, as you will make more payments in a year, which will shave dollars and time off your loan.
This is a grant available to Australian citizens or permanent residents who wish to buy or build their first home, which will be their principal place of residence within 12 months of settlement. Check out the links above in the First Home Buyers eligibility map and select the state that applies to you.
There are a number of fees and costs involved when buying a property. To help avoid any surprises, the list below sets out many of the usual costs:
We offer our loans exclusively through experienced AFG brokers via our broker network, making sure you receive a loan that meets your individual needs.