A Low Deposit Example
A couple purchase their first home in NSW for $250,000
| Purchase Price: |
$250,000 |
|
90% Loan: |
$225,000 |
| Govt Fees: |
350 |
First Home Owners Grant: |
14,000 |
| Legals: |
1,500 |
|
|
| Bank Charges: |
850 |
Your contribution: |
20,200 |
| Loan Extension Fee: |
6,500 |
|
|
| |
$259,200 |
|
$259,200 |
Who Qualifies?
- A young couple
- No children
- Credit Card with $2000 limit
- Car/Personal Loan @ $600 p/month
- Clean Credit Report
- Employment - stable two years
Income of $30,000 & $35,000, jointly $65,000
* The above is a guide only
Financial Disclaimer
Oriental Bay Pty Ltd does not accept any liability for any investment decisions made on the basis of this information. This information does not constitute financial advice and should not be taken as such. Oriental Bay Pty Ltd urges you to obtain professional advice before proceeding with any investment.
100% Home Loan, 100% Satisfaction
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