Deposit & budget
Work out a realistic deposit, borrowing range, and what purchase price feels comfortable.
First home buyer
First home buyer loans Australia — step-by-step guidance.
Buying your first property can feel overwhelming. We help first home buyers understand borrowing capacity, grants, documentation, and the path from pre-approval to settlement.
Your journey
Four clear stages to your first home
Interactive steps with practical guidance at each stage — no jargon, no pressure.
Pre-approval
Get clear on your borrowing capacity before you make an offer, so you can shop with confidence.
Grants & schemes
Understand first home owner grants, stamp duty concessions, and scheme eligibility in plain English.
Offer to settlement
From application through lender conditions and settlement, we keep each step clear and moving.
Tools & guides
Explore helpful resources
Use these tools and guides to plan your deposit, costs, and next conversation with a broker.
Borrowing power calculator
Estimate how much you may be able to borrow based on income and expenses.
Check borrowing power
Stamp duty estimator
Get a guide estimate of stamp duty and government charges by state.
Estimate stamp duty
First home buyer checklist
A practical guide covering documents, deposits, and what to do before you make an offer.
Read the checklist
Download the FHB guide
Get the First Home Buyer’s Guide sent to your inbox with clear next steps.
Get the free guide
Google Reviews
See what borrowers say about working with Riskwisdom Loans.
Social proof matters when you are choosing a broker. Explore our latest Google feedback and see why borrowers trust us for clear guidance and responsive support.
Read Google reviews“Clear guidance, fast follow-up, and a smoother loan process from enquiry through to settlement.”
Recent borrower review“Professional advice with practical explanations that made refinancing far easier to understand.”
Recent refinance client
Lender Panel
Trusted across major banks, challenger lenders, and specialist finance providers.
FAQ
Common first home buyer questions
Tap a question to expand — clear answers for deposits, documents, and pre-approval.
What documents do first home buyers need?
Typically ID, payslips or tax returns, bank statements, savings history, and details of assets and liabilities. Requirements vary by lender and employment type.
Can I buy with less than a 20% deposit?
Often yes, though lenders mortgage insurance may apply. Government schemes and guarantor options may also be available depending on eligibility.
Should I get pre-approval before inspecting properties?
Pre-approval is strongly recommended. It clarifies your budget and helps you act quickly when you find the right property.
How much can I borrow as a first home buyer?
It depends on income, expenses, deposit, and lender policy. Use our borrowing power calculator for a guide, then speak with a broker for an accurate assessment.
Book a free first home buyer call
Speak with a broker about your deposit, borrowing capacity, and the steps to buy your first home.