Home loan and financial services experts in Cairns

Lindon Reed- Your local Cairns mortgage broker and home loan specialist in Far North Queensland

Call: 07 4042 2000

Need help with your finances? Talk to Lindon Reed and the team in Cairns for help with home loans, car loans, business lending, financial advice and more. 07 4042 2000

Call Us Mortgage Choice Manunda
Office - 07 4042 2000
Fax - 07 4042 2020

Open Hours Mortgage Choice Manunda
Monday - Friday: 9:00am - 5:00pm
After hours by appointment
Free Appointment

Address

Suite 1, 7 Anderson Street MANUNDA, QLD 4870

More than your next home loan

Lindon and the team at Mortgage Choice Cairns do more than help you find the home loan best suited to your needs.

We work with you right throughout the lending process, explaining your home loan borrowing capacity and arranging loan pre-approval so that you can approach buying with confidence.

Talk to us if you are

A first home buyer – we can even help organise the First Home Owner Grant
Upgrading to your next home
Investing in property
Refinancing your loan
Renovating.

Lindon is a leading Cairns’ mortgage broker and proven home loan specialist. He is here to guide you through the mortgage maize and make the loan process easy by taking care of the paperwork from application to settlement.

Our service comes at no cost to you – Mortgage Choice Cairns is paid by lenders after your loan has settled.

Free home loan health check

Now is a good time to see if your loan is still right for your needs.

Talk to Lindon and the Cairns Mortgage Choice team about your free home loan health check.

Mortgage Choice Cairns can also assist with commercial loans, personal insurance quotes, car financing and leasing.

Start achieving your goals today

Call Lindon at Mortgage Choice Cairns on 0438 449 671 07 07 4042 2000, or visit us at Suite 1, 7 Anderson Street Manunda QLD 4870.

The right home loan for your needs

Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~

Google Reviews

See all Google reviews

Lindon, thank you sincerely for all you've done to assist with the settlement of our property...we feel like we've jumped all sorts of hurdles and you've helped us tremendously along the way!
Today we are very happy property owners!
You've done a fantastic job and we are delighted to be in debt! LOL
Geoff and Michelle, Bathhurst, NSW
- Property Investor

I would like to express my appreciation and gratitude towards all your efforts with securing a home loan and assisting me with the first home buyers grant application.
You both have been an absolute pleasure to deal with, your speedy replies and direction have been incredibly helpful, professional and concise.
I could not be any happier with the excellent outcome.
Thank you so much!!!!
Shana, Cairns, QLD
- First Home Buyer

Lindon and Deidre were amazing, recommending them to everyone! Such a breeze to get our first home loan. Very kind and helpful, just AMAZING!
Johnathan, Cairns, QLD
- First Home Buyer

Lindon found loans that had all the features we needed, that despite us spending loads of time researching ourselves, we had been unable to find.
Process was smooth and hassle free, especially given we had limited experience with mortgages/loans.
Kelly and Adrian , Cairns, QLD
- First Home Buyer

Lindon and Deidre's service and knowledge and the can do attitude.
Nothing was a problem and they made the whole experience painfree and transparent.
Julietta, Cairns, QLD
- First Home Buyer

Lindon is always more than helpful and is very knowledgeable.
Both Lindon and Deidre are great to deal with.
I would recommend them to anyone!
Great work guys :-)
Rebecca and Carlo, Cairns, QLD
- Property Investor

I was mucked around by another broker and thought it was all to hard. My wife talked me into talking with Lindon at Mortgage Choice
and it couldn't have been easier.
He took us through the whole process from start to finish and made it a simple and pleasant experience. I will and have recommended Lindon and his team to anyone who is thinking about a loan.
Thanks again Mortgage Choice.
Scott, Cairns, QLD
- First Home Buyer

Help me calculate

More calculators

Value of property

State

Property use

Type of dwelling

Type of property

First Home Buyer?

Calculate

Total fees:

Breakdown	Amount
Stamp duty on property
Transfer fee
Mortgage registration fee

Need help with your next home purchase?

Extra Information

Home Buyer Concession Scheme

From 1 July 2019, the FHOG ACT has been replaced with exemptions on stamp duty. The stamp duty exemption is applicable to all properties in ACT, including vacant residential land and both new and established homes at any price. As this is still to aid first home buyers, to be eligible at least one buyer must live in the home for at least 12 months, starting within 12 months of settlement or completion of construction.

To be eligible, first homeowners in the ACT must have a household income below $160,000. This number increases up to $176,000 depending on the number of children you may have.

Click here for more information on the ACT First home Owner Grant.

Stamp duty concessions in NSW

From 1 August 2020, the NSW government has announced that stamp duty will not be applicable to first home buyers for properties valued up to $800,000 and vacant land valued up to $400,000. This stamp duty exemption will be in place for 12 months to 31 July 2021, in which the stamp duty exemptions will revert back to $650,000 for homes and $350,000 for land.

Additionally, a concessional rate of duty will apply to homes valued more than $800,000 but less than $1,000,000 and vacant blocks of land valued more than $400,000 and less than $500,000

How much is the First Home Owners Grant NSW?

The FHOG in NSW is worth $10,000 however conditions apply. To be eligible, your first home must have a total value below $600,000, and be either newly constructed or ‘substantially renovated’. A home is substantially renovated when most or all of the original house was removed or replaced, and it’s the first time the place has been sold, and lived in, after the renovations were completed.

If you plan to build a new home from scratch, you can still be eligible for the FHOG in NSW as long as your land plus the home you build have a combined value of less than $750,000.

Click here for more information on the NSW First Home Owner Grant.

How much is the First Home Owners Grant in the NT?

The First Home Owner Grant in NT is$10,000. Your income and the price of your home don’t affect the FHOG NT, and the grant is available if you buy or build a new house, apartment, duplex or townhouse.

The Territory’s First Home Owner Discount has been in place since 8 February 2019. It lets you save up to a maximum of $18,601 on the cost of stamp duty. The savings is available whether you buy a new or established home as long as the home is valued under $650,000.

Click here for more information on the NT First home Owner Grant.

How much is the First Home Owners Grant QLD?

As a first home buyer in Queensland you could be entitled to the $15,000 First Home Owner Grant. To be eligible, you need to buy a brand new home or build a home from scratch with the total value (including the land) below $750,000. You may also be eligible if you buy off the plan or an established home that’s been substantially renovated.

As a guide, substantial renovations include replacing or altering foundations or replacing or altering floors. Cosmetic work such as painting the walls or sanding floors doesn’t add up to a substantial renovation when it comes to the FHOG in QLD.

Stamp duty concessions

If you’re buying vacant land to build your first home, you pay zero stamp duty as long as you pay $400,000 or less for your block. Whereas if your first home is valued up to $500,000, you pay zero stamp duty. That’s a saving of $8,750, which is the maximum stamp duty rebate available to first home buyers in Qld.

Additionally, savings on stamp duty may still be available if you pay between $500,000 and $550,000 for your first home. As a guide, if your first home is worth $505,000, you pay stamp duty of $1,050, a saving of $7,875. These savings cut out altogether if your first home costs $550,000 or more. On a property valued at $550,000, for example, the stamp duty would work out to be $10,600.

Click here for more information on the QLD First home Owner Grant.

How much is the First Home Owners Grant SA?

There are currently no specific stamp duty concessions available for first home buyers in SA.

The $15,000 FHOG in South Australia is only available to first home owners who buy or build a brand new home. You can choose from a house, apartment, townhouse or villa, but you will only be able to claim the FHOG SA if you pay below $575,000 for your home.

You can also claim the First Home Owner Grant in South Australia when you buy a block of vacant land to build your first home on. However, the end value of your building plus land must be no more than $575,000.

Click here for more information on the SA First home Owner Grant.

Stamp duty concessions in TAS

If you buy an established home, you are not eligible for the FHOG in Tasmania but you may be able to claim savings on stamp duty. If you’re home is valued at

$400,000 or less, you will receive a 50% discount on the property transfer duty (stamp duty).

How much is the First Home Owners Grant TAS?

The FHOG Tasmania is worth $20,000 until 30 June 2022 but only when you buy or build a new home. Off the plan purchases are also eligible. In Tasmania, there is no limit on the purchase price of the property, and the FHOG is not means tested.

Click here for more information on the TAS First home Owner Grant.

Stamp duty concessions in VIC

First home owners in Victoria don’t pay stamp duty at all on their first home as long as the property is valued below $600,000. You may still be eligible for savings on stamp duty if you pay between $600,000 and $750,000 for your first home. The stamp duty concessions available in Victoria apply to both established and new homes.

How much is the First Home Owners Grant VIC?

The FHOG Victoria is only available if you buy a newly built home or if you choose to build a home from scratch. The FHOG is worth $10,000 if you build/buy in Victoria.

Your first home can be a house, townhouse, apartment, or unit but it must be valued at $750,000 or less, and it must be a new home – being sold as a home for the first time, and less than five years old.

Click here for more information on the VIC First home Owner Grant.

Stamp duty concessions in WA

If you buy vacant land to build your first home, you’re exempt from paying stamp duty as long as you don’t pay more than $300,000. If you pay between $300,000 and $400,000 you will be entitled to a reduced rate of duty.

If you buy a home costing up to $430,000, no stamp duty is payable at all. If the value of your home is between $430,000 and $530,000, you’ll be entitled to a reduced rate of stamp duty. There are no additional concessions for homes valued above $530,000 and land valued above $400,000.

How much is the First Home Owners Grant WA?

The FHOG WA is worth $10,000 when you buy or build a brand new home. There are limits on what you can pay for your first home to be eligible for the FHOG in Western Australia.

If you’re located south of the 26th parallel, which basically covers all the Perth metropolitan area, you can claim the FHOG WA if your new home is worth up to $750,000 – this includes the value of the land plus buildings.

If you buy or build a home north of the 26th parallel, the property must be valued up to or below $1 million to be eligible for the FHOG WA.

The First Home Owner Grant in Western Australia is no longer available if you buy an established home however you may be able to claim stamp duty savings.

Click here for more information on the WA First home Owner Grant.

State / Territorial Revenue Web Sites

View

Lindon Reed- Your local Cairns mortgage broker and home loan specialist in Far North Queensland

More than your next home loan

The right home loan for your needs

Google Reviews

Carol McFarlane

22blueocean

Jamie Brett

Enoch Perazim

Adam Burke

caron chilco

shaylan ramnath

Help me calculate

How much can I borrow

Home loan repayment calculator

Stamp duty calculator

2nd Applicant

Extra Information

Home Buyer Concession Scheme

Stamp duty concessions in NSW

How much is the First Home Owners Grant NSW?

How much is the First Home Owners Grant in the NT?

How much is the First Home Owners Grant QLD?

Stamp duty concessions

How much is the First Home Owners Grant SA?

Stamp duty concessions in TAS

How much is the First Home Owners Grant TAS?

Stamp duty concessions in VIC

How much is the First Home Owners Grant VIC?

Stamp duty concessions in WA

How much is the First Home Owners Grant WA?

State / Territorial Revenue Web Sites

Latest news & tips

REA Group announces Mortgage Choice and Sm...

The Family Home Guarantee Scheme

Contact us today.

Your local broker

About us

Legal

We'd love to chat, how can we help?