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Australia mortgage brokers

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Australia mortgage brokers

How much can I borrow?

Australia mortgage brokers advice: How much you can borrow, also known as your borrowing capacity, will depend on how much of a deposit you have, your current income and what expense commitments you have.
It will also vary from lender to lender. First Choice Mortgage Brokers Western Sydney will give you a complete

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australia mortgage brokers

individual assessment when we discuss your options.

Mortgage broker in Australia you can trust

How much will I need to save for a deposit?

Australia mortgage brokers advice: The deposit required depends largely on the type of home loan and, of course, the lender you select.
As a general rule, if you are planning to live in the property then you require to have generally 5-7% of the purchase price as a deposit.

How much money will I need to set aside for stamp duty?
Australia mortgage brokers advice: Stamp duty is a tax levied on the purchase of a property. It is calculated according to the purchase price of the property and the state or territory of the property location.