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Government assistance - do you qualify?

Both State and Federal Governments have a range of first home buyer assistance programs. These vary across each state.

Victorian Programs

First Home Owners Grant

When you are buying or building a new home in Victoria that’s valued up to $750,000, you may be eligible for a First Home Owner Grant (FHOG). Depending on your eligibility, we can help first home buyers in regional Victoria can apply for a $20,000 grant, while metropolitan area buyers can apply for $10,000. Victorian first home buyers also benefit from the Stamp Duty Exemption program. Find out how now.

The State Revenue Office of Victoria has information to help assess if you are eligible for the First Home Owner Grants. Visit

To be eligible for the FHOG, you must adhere to certain criteria:

You will qualify when one applicant:

  • occupies the home as their principal place of residence (PPR) for at least 12 months, commencing within 12 months of settlement or completion of construction.
  • is aged 18 or over (discretionary).
  • is an Australian citizen or permanent resident at the date on which the applicant/s become entitled to possession of the home under the contract, which generally occurs on the date of settlement.

People not entitled to the FHOG are those where either person on a loan has previously:

  • received a first-home owner grant in Australia.
  • owned a home or other residential property in Australia, either jointly or separately, before 1 July 2000.
  • Occupied a home for a continuous period of at least six months, a home which either of you owned or part-owned on or after 1 July 2000 in Australia.

Stamp Duty Concessions

When you buy your home, you will most likely pay land transfer duty (also known as stamp duty). How much you pay depends on your property's value and what you're using it for. Many first home buyers are eligible for exemptions or concessions.

In Victoria, these include:

Your Start Point consultant will be able to advise you on your eligibility.

For more information refer to

Federal Programs

The Federal First Home Loan Deposit Scheme

The Federal programs have just been expanded to include the First Home Loan Deposit Scheme program to support eligible first home buyers purchase a home sooner. It does this by providing a guarantee that will allow eligible first home buyers on low and middle incomes to purchase a home with a deposit of as little as 5%.

The guarantee is not a cash payment and property price thresholds apply in each state.

This scheme is available to single people earning up to $125,000, while couples earning up to $200,000 will also be eligible if they have saved 5% of the value of the home. Buyers won’t need to have a full 20% deposit, but must have a deposit of between 5% and 20% of the property’s value. The scheme also saves around $10,000, by not having to pay lenders mortgage insurance. Property Price Thresholds apply and this scheme is be limited to the first 10,000 applicants. Find all the details at or talk to Start Point today.

Your Start Point team will be able to explain the program to determine if you qualify.

The Federal First Home Super Saver Scheme

In the 2017 – 18 Federal Budget, the government introduced this scheme to support first home owners to make voluntary contributions into their super fund, which can then be used as a first home deposit.

Voluntary contributions include undeducted personal contributions, deducted personal contributions and salary sacrifice contributions. Find out more at

This scheme, when coupled with the new First Home Loan Deposit Scheme, is likely to assist people who thought they could never get a home of their own. The scheme is available now and best suits people that have been able to grow a superannuation base and are able to make some top up superannuation payments. Call Start Point today to find out if you can take advantage of this scheme.


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