Low deposit options

Australian Government 5% Deposit Scheme

Eligible first-home buyers may be able to buy with as little as a 5% deposit and avoid Lenders Mortgage Insurance.

Australian Government Help to Buy Scheme

With as little as 2% deposit, you may be able to buy a home with support from the Australian Government.

Lenders Mortgage Insurance (LMI)

Buy with less than a 20% deposit by paying Lenders Mortgage Insurance.

Buy with a Guarantor

A family member can help secure your loan, which may reduce the deposit you need.