Search
  • Mum n Dad Home deposit !

Grow Your Home Equity with as little as $ 10k

Updated: Jan 2


Step 2

First Home Owners Grant = $10,000

Total Deposit $50,000

Step 7

Your Equity is now $130,000 less your Home Deposit Assist of $30,000

Net Gain $100,000

Step 3

Save $8,000 on Lenders Mortgage Insurance taking your mortgage to 90% loan value ratio

Step 8

Your started with $10,000 and have profited by way of home equity

Total Gain $100,000

Step 4

No Stamp Duty for First Home Buyers 

Saving $10,000

Step 5

Save on Rental Payments by moving into your home 2.5 years sooner

Saving $60,000

This simulation model is based on the following conditions:


Initial deposit of $10,000


Buying a new home for $500,000


Based on mortgage loan of $450,000


Repayments of $2,300 per month


30 year term p+I


A mortgage of $450,000 , monthly rental at $2,000 and saving $1,000 per month for a home for 12 months


Refinancing in 2-5 years


Assumes 4% capital growth per annum for 5 years


ALL LOANS SUBJECT TO LENDER APPROVAL







Here’s how to do it:

  1. Head to our web Page

  2. Search for the info you want

  3. Click on apply

  4. Click on the button and complete

  5. Select www.mumndad.com.au

4 views
mnd 1 navy (1).png

We use our relationships to be the gateway between the equity provider and use that to secure a new home and home loan from one of our loan experts. Get to know more about home deposit assistance here...

  • Facebook
  • YouTube
  • Instagram

QUICK LINKS

News

Privacy Policy

Site Terms

Contact

Mum & Dad

Level 9, 440 Collins Street ,Melbourne 3000  Vic

Mail:Australia Parcel Post

info@mumndad.com.au

© 2019 by MumnDad. Proudly created by Sumo Digital