How much deposit do I need?

Ideally a 20% deposit plus fees (government fees, settlement costs and lenders fees).  Most lenders will lend up to 90% or 95% of the property value with the provision of Lender’s Mortgage Insurance.  Some low and even no deposit options are available also.

Your circumstances and purpose of the loan also dictate how much a bank will lend (and therefore how much deposit you need).

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