First home buyer
Are you a first home buyer?
As a first home buyer, your home is more than a financial achievement. It gives you the freedom and creativity to express yourself and live the way you want to. It puts you in control, whether that’s as simple as choosing how you want to decorate or as important as knowing that you won’t have to move unless you decide to sell.
Owning your own home is a perfect way to invest in your future - rather than renting and paying off someone else’s mortgage, you’re paying off your own and could gain capital appreciation along the way.
You’ll have a lot to consider before you buy. Some of the issues you may want to research include:
- First Home Owner Grant
- Calculate your borrowing power and see where you can buy
- Choosing the best home loan
Buying your first home is a big decision. You’ll find helpful information on our website and our calculators are especially useful when you’re trying to work out what you can afford or if you’re ready to buy.
Talk to us about buying a home
Sometimes it’s best to talk to an expert face-to-face. If you’d like to speak to a Bank of Melbourne home loan expert, call 13 13 76 or visit a BankSA branch We can answer your questions and help you find the right home loan to get you started.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this general information, please consider if it’s right for you. If you need help, call 13 13 76.