5% Deposit Scheme calculator
Could you buy with a 5% deposit?
The Australian Government 5% Deposit Scheme (formerly the First Home Guarantee) lets eligible buyers purchase with 5% down, or 2% for single parents, without paying lenders mortgage insurance. See whether this purchase may fit, and the cash you'd need.
The property
Optional, but it fills in the state and area, and saves this to the right property in your plan.
Price
$
State
Area
Capital cities and regional centres have a higher cap. The official postcode tool on firsthomebuyers.gov.au confirms which applies.
Your deposit
$
Who's buying
More about the purchase and you
Property type
Eligibility
Costs