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Planning to buy your first home

Tips and info on how you can put a plan together

How to save for a house deposit the smart way

The sooner you have a house deposit, the sooner you could move into your very own home. We’ve put together some tips to help you get there ASAP.

 

How much do you really need for a house deposit?

Generally speaking, the bigger your home loan deposit, the better. But exactly how much do you need? This article will help you estimate how much you’ll need to save.

 

Buying off the plan: pros, cons and how to pay your deposit

Buying off the plan could mean paying your deposit years before you get to move in. But there are a few other things to consider too. Let’s take a look at some of the pros and cons.

 

How much can I borrow? Things to consider.

Try and be realistic about how much you can comfortably afford to borrow. Here are some things to think about when considering a home loan.

 

What is a Loan to Value Ratio (LVR)?

Loan to Value Ratio (LVR) may have a big impact on whether you’ll get a home loan. Find out what it is, how it works, and how to improve your LVR.

 

Some of the unexpected costs of buying a house

You may not know about some of the hidden costs of buying a home. Here’s a heads up about stamp duty, admin costs, and a few other things.

 

What is stamp duty and how could it affect you?

Stamp duty is a state-based tax you pay when buying property. Learn about how it’s calculated and how it works in your state or territory.

 

Key things you need to know about Lenders Mortgage Insurance (LMI)

Generally, you may need LMI if you don’t have a house deposit of 20% or more. We explain what it is and how it works.

 

Getting to know the First Home Owner Grant (FHOG)

Believe it or not, the government might chip in some cash to help you buy your first home. It’s called the First Home Owner Grant. Let’s take a look.

 

What to consider before you buy off the plan

You can’t see it. You can’t touch it. So how do you know it’s worth buying? We give you some tips that’ll help you decide whether buying off the plan is the right call for you.

 

Are you an owner-occupier or a 'rentvester'?

Can’t afford to buy in your suburb of choice? ‘Rentvesting’ may be the answer. This means buying an investment property in a suburb you can afford, while you rent in the area you want to live in.

 

Fixed vs variable home loan: which one may be right for you?

Shopping for a home loan? You’ll need to decide whether to go with a variable or fixed interest rate. Let’s weigh up the pros and cons of each and explain how to get the best of both worlds.

 

Calculators to help you plan

Savings calculator

See how long it'll take to save up for your first home.

Home loan deposit calculator

Estimate how much you’ll have for a deposit once upfront costs are deducted.

Repayments calculator

Estimate what your home loan repayments could be.

Borrowing power calculator

Get an indication of how much you may be able to borrow.

Find a First Home Coach to support you

Connect with a First Home Coach who'll guide you through the process of buying your first home ­­ from start to finish.

Talk to a First Home Coach on the phone, or drop in for a chat at one of our ANZ branches.

Find a branch near you1300 295 951

Our First Home Coaches can also come to you, at a time and place that’s convenient.

All applications for credit are subject to ANZ's credit approval criteria. Terms and Conditions apply and are available on application. Fees, charges and eligibility criteria apply. 

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant Terms and Conditions, Product Disclosure Statement and Financial Services Guide before acquiring any product.