First Home Loan Deposit Scheme
FHLDS is Australian Government initiative to support first home buyers to purchase their home sooner.
What is a fixed interest rate?
What is fixed interest rate home loan? A fixed interest rate home loan is that does not change over the predefined course of your home loan. It is an alternate to variable interest rate and split rate home loan. A mortgage broker can help you find the lender that offer fixed interest rate home loans. … Read More
Stamp Duty in New South Wales
How much is Stamp Duty in New South Wales? Stamp Duty in New South Wales (also known as Transfer Duty or Duty) is a tax paid upon purchase of a property to NSW Revenue taxes and duties. The amount of stamp duty to be payed in New South Wales, Australia depends on the dutiable value … Read More
What is Lenders Mortgage Insurance?
What is LMI or Lenders Mortgage Insurance? LMI or Lenders Mortgage Insurance is a one off, non refundable payment made by borrower to lender, to protect lender in an event of default (borrower unable to make mortgage repayments). In Australia, LMI is usually required when the borrower borrowing more than 80 % of the property … Read More
Stamp Duty in Victoria Australia
How much is Stamp Duty in Victoria? Stamp Duty in Victoria (also known as Transfer Duty or Duty) is a tax paid to State Revenue Office Victoria upon purchase of a property. The amount of stamp duty to be payed in Victoria, Australia depends on the type and value of your transaction. Things on which … Read More
What is a variable interest rate?
What is variable interest rate home loan? A variable interest rate is that changes over the course of home loans. It is an alternate fixed interest rate. Variable interest rate is set by your lender, so it’s always a good option to look at number of lenders before you choice a lender for your home … Read More
What is stamp duty?
What is Stamp Duty or Duty? Stamp duty (also called transfer duty or duty) is tax charged by Australian state and territory governments on certain transaction types. Stamp duty in Australia is generally paid when you buy a property, motor vehicle registration and transfers, insurance policy or asset. The amount of stamp duty to be … Read More
