20 per cent
Your non-negotiable deposit figure. It means you’ll avoid lenders’ mortgage insurance – an extra loan fee that clasps on to your mortgage, with interest.
The amount you could gain under the new First Home Super Saver Scheme, which came into place on July 1.
Years it would take an average couple to save for a home in Campbelltown, NSW – the fastest path to a home within 100km of Sydney’s CBD.
30 per cent
The proportion of your take-home pay that should be spent on mortgage repayments.
Cost of an entry-level unit in Maribyrnong – 9km from the Melbourne CBD.
Average deposit required for an entry-level home in an Australian capital city.