How much deposit do I need to buy my first home?

Many lenders prefer a 20% deposit to avoid Lenders Mortgage Insurance (LMI), but you can often buy with less. Government schemes such as the 5% Deposit Scheme may let eligible first home buyers purchase with a smaller deposit and no LMI. Property price caps and eligibility rules apply, and we’ll check what you qualify for.

What grants and stamp duty concessions are available in NSW?

Eligible NSW first home buyers may receive a stamp duty exemption or concession under the First Home Buyers Assistance Scheme, and the First Home Owner Grant for eligible new homes. Value thresholds apply. We’ll help you work out what you’re entitled to and factor it into your budget.

How much can I borrow?

It depends on your income, living expenses, existing debts and deposit. Lenders also test whether you could afford repayments at a higher rate than the one you’ll pay. We calculate your borrowing power across 50+ lenders, as different lenders can give very different results.

What is pre-approval and how long does it last?

Pre-approval is a lender’s conditional indication of how much you can borrow, so you can house-hunt and bid with confidence. It usually lasts around 3 to 6 months, depending on the lender.

Does your service cost anything?

In most cases our service costs you nothing. We’re paid by the lender you choose when your loan settles, and we disclose this upfront.

First Home Buyer

First Home Buyer Loans & Free Guide

First home buyer loans and grants can feel overwhelming — we make it simple. Kickstart Finance Group compares 50+ lenders to help you secure the right home loan, deposit options, LMI strategies and government grants.

Apply Now Get the Free Guide (PDF)

Prefer to talk? Call 0422 905 666

First home buyer couple celebrating approval - Kickstart Finance Group

What Is a First Home Buyer Loan?

A first home buyer loan is designed specifically for first-time buyers. These loans may include lower deposits, government incentives, LMI options and grants that help you get into your first home sooner. We guide you through every step.

How We Help First Home Buyers

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Grant & Fee Advice

We check eligibility for grants, stamp duty exemptions & first home schemes.

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Deposit & LMI Strategies

Choose smart deposit options and reduce LMI where possible.

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Fast Pre-Approval

Pre-approval usually within 24–72 hours once documents are submitted.

What You Need to Apply

Photo ID (driver’s licence or passport)
Income evidence — payslips or bank statements
Savings & deposit documents
Contract of sale (if found a property)
BAS & tax returns (if self-employed)

First Home Buyer Grants & Government Support

First home buyers may be eligible for a range of government incentives including the First Home Owner Grant (FHOG), stamp duty concessions, and deposit schemes. These benefits vary by state or territory.

Use the official government checker below to see exactly what grants and schemes you qualify for based on where you live:

Check First Home Buyer Grants (Official Gov Website)

This link takes you to the Australian Government’s official First Home Buyer portal.

Download Your Free First Home Buyer Guide

Learn grants, LMI, deposit options and step-by-step buying process.

Get the Free Guide

Ready to Buy Your First Home?

Get a free assessment — we compare lenders & structure the loan right for you.

Get Pre-Approval

Your First Home Buyer Loan, Made Simple

A first home buyer loan is easier to get than most people think. With the 5% Deposit Scheme, NSW stamp duty relief and the First Home Owner Grant, many buyers can purchase sooner and with a smaller deposit.

We compare every first home buyer loan option across 50+ lenders, check which government schemes you qualify for and organise your pre-approval, so you can make offers with confidence.

Ready to start? Download our free guide or book a free chat about your first home buyer loan today.

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