Insite Realty Buyer's Guide
Tips and hints for the Queensland buyer. Ask our sales team for more information.
Tips and hints for the Queensland buyer. Ask our sales team for more information.
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HOW MUCH DO I NEED?<br />
FINANCE<br />
The Australian Securities and Investments Commission recommends<br />
having a deposit of 20 per cent of the purchase price plus enough to<br />
cover ongoing costs.<br />
Some lenders will accept as little as a 5 per cent deposit. However, if<br />
your loan to value ratio (LVR) is higher than 80 per cent, you will usually<br />
need to pay a lender's mortgage insurance.<br />
Shop around when you're looking for a broker to compare charges and to<br />
secure the best loan for your financial situation.<br />
Visit ASIC's Moneysmart website for savings/stamp duty/<br />
mortgage calculators, financial advice and explanations.<br />
<strong>Insite</strong> <strong>Realty</strong> | 7
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