Graduate Home Loan

Is your HECS debt stopping you from owning your own home? It doesn't have to with the revolutionary graduatehomeloan PLUS.

 

Graduate Home Loan Variable Rate 8.88%

Graduate Home Loan Comparison Interest Rate 9.35%

 

Graduate Loan Fixed 3 Years 8.99%

Graduate Loan Comparison Interest Rate 9.38%

 

Key Benefits of the Graduate Home Loan:

 

  1. Repays ALL* your HECS debt. This increases your 'in the hand' after-tax income, therefore allowing you to borrow more
  2. You get to keep all of the $7,000 First Home Owner's Grant – if applicable
  3. You receive a 10% discount on repayment of your HECS debts from the Government. 
  4. You get into the property market years sooner
  5. You are no longer paying 'dead' rent money.
  6. No need to save for a deposit. 

*limits may be imposed at Lender's discretion.

 

 

Get your entitlements
If you qualify, you will receive the federal government's $7000 First Home Owner's Grant. To find out if you are eligible check www.firsthome.gov.au. There are also state bonuses that provide concessions on stamp duty and some states also offer additional bonuses.You can find out about by checking with your office of state revenue.

Mortgage Buddy will assist you with the preparing and lodgment of your First Home Owners Grant

fhogonline

FHOG Details

 

 

*WARNING: The comparison rate is calculated on a loan of $150,000 over 25 years. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. A full copy of the comparison rate schedule is available upon request. All loans are subject to the lenders normal terms and conditions. Loan qualification criteria apply.

 

 

Product Profile Snapshot

What does repaying your HECS in full do for you?

YOU can now afford to buy the Home YOU want: With your HECS debt gone – you will have more after tax income to comfortably repay a mortgage. Put another way – you can now borrow enough to get into the home you want.

3 Simple Questions:
1. Do you currently have an outstanding HECS* Debt?
2. Do you earn over $65,000 gross p.a.?
3. Do you hold a HECS* funded degree from an Australian University in any one of the following disciplines?
Accountancy
Finance
Law
Engineering
Medicine (MB BS)
Dentistry
Pharmacy
Vet Science
Podiatry
Psychology (must be registered with the relevant State or Territory authority e.g. in NSW, the Psychologists Registration)

If you answered YES to ALL 3 questions...you're well on your way!

Stop paying tens of thousands of dollars a year in 'dead' RENT & HECS money.

Apply for your Graduate Home Loan

 

Key Points for First Home Buyers

Buying your first home is an important step. The right preparation, understanding your obligations and commitments is crucial. A small amount of leg work could save you unnecessary grief and huge amounts of money.

 

  • Set a budget and work out how much you can afford
  • Think about the initial deposit and mortgage repayments
  • Research fees such as stamp duty & mortgage insurance
  • Get your finance sorted
  • Do a pest and building inspection before you buy
  • Don't be swayed by beautiful furniture in the property
  • Purchase at an affordable level
  • If it's not in writing, it doesn't exist
  • http://www.propertycatalogue.com.au/homePage.aspx

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    Property Buying Tips

 

Find the property of your dreams.......

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