5% deposit home loans for first home buyers in FY 2022-23
April 2022 Update
Pay only a 5% Deposit on your Home Loan with the Government's First Home Guarantee Scheme. Announced in the 2022-23 Federal Budget, from 1 July 2022 – 30 June 2025 there will be 50,000 spots per year for eligible home buyers to take advantage of the First Home Guarantee and it’s expansions. Of these 50,000 places, 35,000 will be allocated for the First Home Guarantee, while the other 15,000 will be allocated to the Family Home Guarantee (5,000), and the Regional Home Guarantee (10,000).
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