Savings Planner Calculator

The majority of lenders will look at the strength of your home loan deposit and your savings history. Most lenders require minimum 5-10% home loan deposit from genuine savings.

Your mortgage broker may also negotiate a cheaper interest rate if you have a strong deposit and savings history.

The savings planner calculator will help you find out how much you can save towards your home loan deposit by making an initial contribution and regular deposits into a savings account. Government schemes like the First Home Deposit Saver Scheme can also help.

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