From 1 October 2025, the First Home Guarantee is expanding. With just a 5% deposit, here's what changed:
There are state and federal programs you may qualify for:
The First Home Guarantee may allow you to buy with as little as 5% deposit and no Lenders Mortgage Insurance.
Stamp duty exemptions or concessions vary by state and property value.
The First Home Owner Grant may apply if you’re buying a new home or building.
We’ll check your eligibility for each scheme and help you claim what you’re entitled to.
It’s not just about finding a property. Lenders look at your income, debts, savings and even your spending habits when calculating what you can borrow. Then you face costs like deposit, stamp duty, loan fees, insurance and moving in. That’s why many first home buyers feel stuck — but you don’t have to navigate it alone.
At FinUp we specialise in first home buyers and we service clients Australia-wide. We start by helping you understand:
how much you could borrow
how much deposit you may need
the impact of your current debts or spending
what your repayments might look like
We then work with you to pick the right home loan structure and lender from our large panel of more than 60 lenders. We manage all the paperwork, talk to the lender on your behalf and keep things as simple as possible.
