Benefits for first home buyers

First Home Owner Grant (FHOG)

The good news is that, as a first home buyer, you may be eligible for the First Home Owner Grant. This is a government assistance program that can provide you with a one off payment towards the deposit for your first home.

Do you have any discounts available?

Our Premier Advantage Package offers savings of up to 1.29% p.a. off our home loan rates on loan amounts above $150,000. It also provides savings on home loan fees as well as on a variety of other products.

Do you have any other ways I can save on interest?

If reducing your loan balance as quickly as possible and saving in interest is important to you, we have 3 key strategies to help you achieve this

• Use an offset account: Our Rocket Repay Home Loan which provides you with a 100% offset transaction account linked to your home loan. Every dollar you have in your transaction account saves you interest.
• Only pay for what you use: Our lowest variable interest rate home loan is the Flexi First Option Home Loan. It offers a range of flexible options, but you only pay for them if you use them.
• Pay in your salary: Another way of saving on interest is to have your income paid directly into your home loan to minimise the amount outstanding on the loan.

 

You can then:

• Use your credit card to make purchases, and pay it off from your home loan using Card Autopay. Transfer money to your personal account so you can access cash
• Arrange automatic transfers to pay your bills and access regular cash deposits with our Smartpay feature.