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Home Loans FAQ

New Home concessions

New home schemes and concessions have been put in place by state governments in order to stimulate the construction of new homes in Australia.

This generally applies in the form of a grant and/or stamp duty concessions to people who are buying or building a new home.

Am I eligible?

To be eligible you need to purchase a brand new home or a land on which to build a home. Eligibility criteria and concession amounts vary depending on the states.

Use our Government Grant calculator to see if you are eligible for any new home concession and get an estimate of the grant you could receive from your state. It will also show you stamp duty, mortgage registration and transfer fee.
8. First Home Owners
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10. Lender Fees
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how much can i borrow
MyRate Update
Thursday 25th September 2014

Borrow up to 97%?

MyRate can offer a 97% LVR on purchases including capitalised LMI. Available at 5.17% variable and comparison rate.

Enquire now to find out more.

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