Simplified home loans

Australian Government 5% Deposit Scheme

The Australian Government 5% Deposit Scheme is designed to help more Australians achieve homeownership sooner. Since its launch, it has already supported over 230,000 buyers to purchase their home – and from 1 October 2025, exciting changes make it even easier.

Home buyers usually need a deposit of 20% of the Property Value to get a home however under the Australian Government 5% Deposit Scheme buyers only need up to a 5% deposit (2% Single Parent Stream). This helps home buyers to buy a home sooner, with a lower upfront costs.

Unlimited Places – No more set limits for Single Parent Stream and General Stream
Simplified Streams – First Home Guarantee – General Stream and Family Home Guarantee – Single Parent Stream
Higher Property Price Caps – price cap has been lifted to $950,000 in Victoria Capital City to reflect today’s market
No Income Cap – More Australians can now take advantage of the scheme

Help to Buy Scheme

The Help to Buy scheme is an initiative from the Australian Government designed to assist eligible buyers by contributing up to 40% of the purchase price for new homes and up to 30% for established homes, when purchased through a participating lender. This contribution helps reduce the deposit required, making it easier for home buyers to enter the property market.

First Home Owner Grant

Also known as the First Home Buyer Grant, the First Home Owner Grant (FHOG) gives eligible Australians a one-off payment to help buy or build their first home. The amount varies by state, providing a valuable boost that can make owning a home more achievable.