Solution finder

I'm looking to Buy or build my first home and and have just started researching

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Whether you are buying your first home, refinancing or investing, your local Mortgage Choice broker or adviser can help you with expert advice throughout the whole process.

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You’re well on your way…

You’re well on your way to finding the right home loan and owning your first home. Here you'll find handy tips and guides for the next steps.

What I need to know

Expert advice at no cost to you

Find out how our brokers get paid, and why we don't need to charge you for our home loan service.

Home buying advice

Find out more about the steps involved in buying a home, and access downloadable guides and videos.

First home buyer FAQs

As a first home buyer, it’s natural that you'll have hundreds of questions to ask. We've compiled the top ones here for you.

Learn more

Latest home loan interest rates

Starting from

% *
p.a.

Comparison rate

% #
p.a.

Compare home loans

Help me work out...

More calculators

1. About meus

It's just me There's two of us

and I'mwe're financially supporting

dependant(s).

2. Income and Expenses

IWe earn

+ Rental income

+ Other income

MyOur expenses

Help me estimate myour monthly expenses

Total credit card limit of

+ Other repayments of

IWe earn a total of
* per month
after tax,
and have total
monthly expenses of
$0

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3. Your Affordability

Your Monthly Position

Home Loan Repayment
Total Expenses
Remaining

Based on 4.5% standard
variable rate over 30 years.

You may be able to borrow between

Talk to a Mortgage Choice broker today to get a loan pre-approval so that you can house hunt with confidence.

Unfortunately it doesn't look like you can borrow for a home loan. Please check that you've entered your details correctly.

If you need help to get your finances on track, check out our Financial Planning advice.

Calculate my borrowing power

Your borrowing power estimate:

Income:

Expenses:

You may be able to borrow up to:

Value of the property:

Borrow:

Over:

Interest Rate:

Use the lowest rate from Mortgage Choice's lender panel Use a different rate

I want to borrow

over

at an interest of

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Your monthly repayment will be:

Total loan
repayments:

Total interest
charged:

Repayment options:

+ Extra repayment

Options I want:

Variable rate Line of credit Professional Package 1 year fixed interest 3 year fixed interest 5 year fixed interest

We've updated the results with the lowest rate from our lender panel based on your selected options.

There's a lot to consider when choosing the right loan. Our brokers can help with expert advice at no cost to you.

How can a broker help me?

Help you choose the right loan

Choosing a home loan is not just about interest rates. Your broker will also take you through the loan fees and features.

Help you get pre-approval

Your broker could help to organise pre-approval so you can shop for your new home with confidence.

Help you access incentives

Your broker can help you lodge an application for the First Home Owners Grant (if applicable) and other concessions.

Find your local broker

First home buyer's guide

Purchasing your first property can be an overwhelming process and there may be steps you are unsure or unaware aware of. This guide will walk you through all of the steps involved in the buying process.

Download now