Calculate your First Home Owner Grant (FHOG), stamp duty savings, and total costs by state
FHOG is generally only available for new homes (except NT)
Enter a property value to see your first home buyer benefits
A one-off payment from the government to help first home buyers purchase or build a new home. The amount and eligibility criteria vary by state and territory. Most states require the property to be a new build.
First home buyers can receive significant reductions or full exemptions from stamp duty (transfer duty). Each state sets its own thresholds — properties below a certain value may attract zero stamp duty.
If your deposit is less than 20% of the property value, you'll likely need to pay LMI. This can add thousands to your costs. Use our LMI Calculator for a detailed estimate.
The federal government's Home Guarantee Scheme allows eligible buyers to purchase with as little as 5% deposit without paying LMI. State-specific schemes like NSW's Shared Equity and WA's Keystart may also be available.
Speak with one of our finance experts to understand your options and get personalised advice.