Home Buying Made Simple

Buying your first home is exciting — but it can also feel overwhelming. With so many decisions to make, from choosing the right property to understanding what you can afford, we’re here to guide you every step of the way. Speak with our mortgage experts today and move forward with confidence.

Identify your eligibility for government first home buyer schemes and grants.

Help you understand your borrowing capacity

Fast home loan pre-approval

Provide ongoing support throughout your home-buying journey, from search to settlement

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The Australian Governments 5% Deposit Scheme

The Australian Government 5% Deposit Scheme helps you buy sooner and saves you thousands in upfront fees.

Key Features and Benefits

Minimum 5% Deposit

Enter the property market years sooner than saving a full 20%.

No Lenders Mortgage Insurance (LMI)

Save a massive amount on upfront purchase costs.

No Income Caps

The scheme is accessible to all eligible first home buyers, regardless of income.

Wide Choice of Properties

Includes new and existing houses, units, house & land packages, and off-the-plan homes (within price caps).

How Do I Qualify?

You’ll need to meet the following criteria to be eligible for the Governments 5% Deposit Scheme.

Have saved a minimum deposit of 5% (and less than 20%).

Must be an Australian Citizen or Permanent Resident (aged 18+).

Must be a first home buyer or not have owned property in Australia in the last 10 years.

Must intend to live in the purchased property as an owner-occupier.

The purchase price of your property must be at or below the maximum price cap for your location.

Property Price Caps

image of a modern apartment perfect for first home buyers

Source- Housing Australia

Meet Lisa

First Home Buyer

We Helped Her Buy Her First Home with Just a 5% Deposit and No Stamp Duty!

Buying your first home can be really tough, especially with skyrocketing property prices and all the paperwork involved. But Lisa’s story shows how it’s possible to make it work with the right help and some government support. Here’s how we helped her secure her first Sydney apartment with only a 5% deposit and zero stamp duty:

Lisa’s Home Buying Journey:

Lisa had her heart set on a $750,000 apartment and had saved up $70,000. Feeling a bit overwhelmed, she came to us for help. After reviewing her finances, we found two fantastic government programs that made a huge difference.

Program 1: Federal Home Guarantee Scheme

First, we helped Lisa secure a spot in the Federal Home Guarantee Scheme.This program is a game-changer because it lets buyers put down just 5% and avoid the Lenders Mortgage Insurance (LMI). Normally, LMI in her situation would have cost around $30,637.50.

Program 2: NSW First Home Buyers Assistance Scheme

Next, we applied for the NSW First Home Buyers Assistance Scheme, which meant Lisa got a full stamp duty exemption. Normally, stamp duty would’ve cost her about $28,279, but thanks to this program, she didn’t pay a cent!

If you’re thinking about buying your first home and feeling a bit stuck, get in touch. Our team of expert advisers will help you navigate your options and find the best path to home ownership.

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9 Steps to Buying Your First Home

First Home Buyer FAQs

Australia offers a range of support programs for first home buyers, with the most popular being the First Home Guarantee, enabling buyers to enter the market with just a 5% deposit and no LMI. Depending on your state or territory, you may also access the First Home Owner Grant (FHOG) and stamp duty exemptions or concessions. Your eligibility will vary based on your income, location, and property value. We assess your situation and help you access every benefit available to you.

First home buyers in NSW may be eligible for stamp duty exemptions or concessional rates, depending on the property price and whether they are purchasing a new home, existing home, or land. NSW sets specific price thresholds that determine how much stamp duty you pay — and these thresholds can change over time with government updates.

Eligible first home buyers may pay no stamp duty at all on lower-priced properties, while others may receive a reduced rate if the property value sits within the concession range. Because the rules vary based on your circumstances and the type of property you’re buying, we stay across the latest NSW policies to ensure you understand exactly what you’ll pay and help you maximise any available savings.

Working with a mortgage broker makes the pre-approval process faster, smoother, and far more accurate. At Simple Easy Finance, we compare a wide panel of lenders to find the right loan options for your situation — not just the options from one bank. This helps you avoid lenders who may decline your application, protects your credit score, and saves you valuable time.

We understand the challenges first home buyers face, from low deposits to complex income structures. Our team knows which lenders are flexible, what documents you need, and how to present your application to maximise your chance of approval. Staying true to our commitment to treat every portfolio as if it were our own, we guide you through every step with personalised advice tailored to your goals.

What sets us apart is our ongoing support. Our service doesn’t stop at pre-approval — we stay with you from property search to settlement, updating your pre-approval when needed, reviewing your borrowing capacity as interest rates change, and helping you make confident decisions throughout your buying journey.

Using a buyer’s agent can help first home buyers access off-market properties, gain deeper suburb insights, and benefit from expert negotiation support. However, buyer’s agents typically charge a fee often around 1-2% of the purchase price, or a fixed rate depending on the service level. It’s important to weigh this cost against the value they may provide, such as securing a better price, avoiding common first-home-buyer mistakes, and guiding you confidently through the buying process.