*The results generated by the calculator are general and don't take into account factors other than what you input. As such, the results are general and not necessarily accurate. For specific information, seek professional advice.
Rent vs buy calculators assess renting versus buying by considering:
The outcome shows which option may be more cost-effective over time and the break-even point for buying over renting.
We assist our clients in determining an affordable mortgage range, based on a thorough assessment of their financial situation.
For a rough estimate, use our handy mortgage calculator.
We provide our clients with a detailed understanding of all costs associated with homeownership, including maintenance, insurance, and taxes.
To get in touch with us about your home loan, give us a call or fill out a contact form today.
This depends on your unique situation and the options available. Our team analyses the property market to advise on the potential investment returns of buying a home.
Our team analyses the property market to advise on the potential investment returns of buying a home.
A credit score significantly impacts the home buying process, particularly in terms of mortgage eligibility and terms:
Improving your credit score before applying for a mortgage can result in more favourable loan conditions and overall cost savings.
In Australia, the minimum down payment required for a home varies, but some key points are:
These options demonstrate the Australian housing market's flexibility in accommodating a range of financial situations, although they also highlight the importance of understanding the additional costs like LMI when not meeting the typical 20% down payment threshold.
Tax benefits of homeownership include things such as deductions for mortgage interest and property taxes, which can offer significant savings.
This differs for every home. We calculate the break-even point for a home purchase, considering all costs, including the potential appreciation and the duration over which these costs are spread, to advise on the optimal duration for homeownership.
We recommend mortgage pre-approval as it provides clarity on the budget, strengthens the buying position, and streamlines the purchasing process.