Need to know:

*Quickstart enables first home buyers to borrow a portion of the lenders mortgage insurance (a fee required when the deposit is less than 20%) within the loan. This means less money is taken out of the deposit, thus bolstering purchasing power. This is subject to borrowers successfully undertaking a full credit assessment. The calculations were current as at 7 April 2021 and compare $50K, $$100K and $150K deposits across Australia, taking into account first home buyers exemptions and concessions in each state/territory. Lender’s Mortgage Insurance (LMI) applicable. ^LMI premium may be included in loan amounts up to a maximum total loan to valuation ratio (LVR) of 98%. Eligibility criteria apply. Rates effective 1 February 2021 and subject to change. †Valuation cost up to a maximum of $500 provided free of charge. For valuation costs totalling more than $500, a fee may be payable by the applicant. Terms and conditions apply to all loan features. The comparison rate is based on a loan amount of $150,000 over 25 years with fees and charges payable. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.