How much deposit do I need?

I'm buying a home to live in...

If you're buying a home to live in you'll generally need a deposit of between 5% and 20% of the purchase price. If you’re eligible, you may be able to borrow up to 90% of our valuation of the property by paying a one-off mortgage insurance premium at the start of the loan^†*. Contact us for details.

I'm building a home...

If you're building a home you'll generally need a deposit of between 5% and 20% of the purchase price. Additional requirements also apply to construction loans. Contact us for details.

I'm buying residential land...

If you're buying residential land you'll generally need a deposit of between 5% and 20% of the purchase price, however additional conditions apply if you're not planning to build your home on the land within 12 months of purchasing it. Contact us for details.

I’m buying a residential investment property...

If you're buying a residential investment property you'll generally need a deposit of between 5% and 20% of the purchase price, however you may also be able to use any equity you have in other residential property. Contact us for details.