Ideally, you should save as much as possible before buying a home. The more you save for a home loan deposit, the smaller your loan and the higher your chances of getting approved for a home loan.
Make sure your deposit savings plan also takes into account the extra costs associated with buying and moving into your new home. This can include stamp duty, conveyancing and other government and upfront costs.
Submit your application in a few simple steps. Apply if you are 18 years or older and a permanent resident of Australia.
Answer a few simple questions and we’ll provide a tailored quote with your rate and repayments.
Provide information about you, your property, what you earn and what you owe.
Once you’ve submitted your application, one of our friendly banking specialists will review it and get in touch to answer any questions and guide you through the next steps.
Thanks for your enquiry. We’ll aim to contact you within one business day.
For some enquiries we will contact you via email only.
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The Low Deposit Fee (LDF) is a one-off amount payable by you, in connection with the low deposit being paid by you and/or the low amount of equity you have in your security property. The LDF helps us to recover some of the potential losses that we may encounter if you're unable to repay your home loan.
See the Low Deposit Fee Fact Sheet for further information.
This information has been prepared by Macquarie Bank Limited AFSL and Australian Credit Licence 237502 (MBL) and does not take into account your objectives, ﬁnancial situation or needs. You should consider whether it is appropriate for you. Lending criteria, fees and T&Cs apply.
The information in this calculator is by way of example only and is not a prediction or professional financial advice. Calculations are not forecasts, but may assist you in making your own projections. Subject to law, Macquarie will not be liable for any loss or damage caused by your use of the calculator. The information in the calculator does not constitute an offer to lend or imply the product is suitable for you.