Know your total cash position
Your deposit is only one part of the required funds. Consider stamp duty, conveyancing, inspections and a cash buffer.
ClearWay Finance Guide
First Home Buyer Guide
A practical introduction to common lending considerations.
Understand borrowing capacity
Income, living expenses, debts, credit card limits, dependants and lender assessment rates all matter.
Prepare for pre-approval
Pre-approval remains subject to lender conditions, acceptable security and updated financial information.
Check available schemes
Government schemes and concessions have eligibility rules and may change.