What is Stamp Duty?
There can be a lot of extra costs when you buy a home and keeping these fees in mind may help to limit the number of surprise payments you have to make later.
It is a good idea to find out the specifics of any additional payments you need to make, to ensure you are financially prepared for them.
To find out more about the fees associated with purchasing a home, you can either research it yourself if you have the time - using the internet and other resources available to you - or perhaps you may wish to seek counsel from a mortgage broker.
Stamp duty is is a government tax you may have to pay when you buy a property. It is worth looking into, as it can vary depending on where you are in Australia.
An easy way to find out the stamp duty requirements in your state or territory is to use the online stamp duty calculator.
Using an online calculator is a quick and convenient option to discover more about stamp duty costs.
As a first home buyer you may be eligible for some stamp duty concessions.
To get more detailed information about your situation, talk to a Loan Market mortgage broker today.