First Home Buyer Loans
​​​​
​
​
​
.
4.89% | 5.20%
We help first home buyers combine sharp interest rates so you can get the keys sooner without guessing what you are eligible for
Variable rate
​​​Variable, P&l, Owner Occupied, LVR < 60%. Introductory rate for 2 years.
$150,000, 25 yr with upfront fee $349. 2 years @ 4.89% then 23 years @ 5.20%.
Comparison rate​​
First home buyer examples
Every situation is different, but these examples show how deposit size, stamp duty and government schemes can change how much you need upfront.
These figures are general illustrations only and do not consider your individual financial situation, objectives or needs. Eligibility for schemes and deposit requirements varies by lender. A personalised assessment will be completed to ensure any recommendation is in your best interests.
Easy steps to buy your first home
1. RateUnity Submission
2. Loan discussion
3. Provide documents
4. Hero Bank Decision
Fill out our online form and see your potential RateUnity savings.
Discuss your mortgage and provide additional details.
Provide verification and additional documents to support your application.
Bank reviews application and documentation to provide mortgage decision.
Meet our founder
“My journey began with a dream to improve the financial lives of Australians. At RateUnity, we blend deep financial expertise with a commitment to ethical practices. This mission is about more than just mortgages it's about empowering homeowners with trust and significant savings.”
Pier Culley
Founder RateUnity
Why buy with RateUnity
Understanding when refinancing may be worthwhile can help homeowners take advantage of more competitive loan conditions. Common situations include:
​
One place for rates and schemes
We compare RateUnity home loan options with a panel of lenders accessed through our broker partners. Recommendations are made only after assessing your situation.
​
Realistic budget, not just borrowing maximums
We show repayments using serviceability buffers so you understand potential future affordability before making any decisions.
​
Upfront fees explained
We outline bank fees, government charges and any LMI so you have a clear picture of all upfront costs.
Stamp duty concessions by state and territory
Most states offer duty exemptions or concessions for eligible first home buyers. These vary by state and depend on income, residency, property type and purchase price.
Below are general examples only:
New South Wales
-
No stamp duty on eligible purchases up to $800,000
-
Concessions up to $1 million
-
Some buyers may opt into annual property tax instead of stamp duty
Eligibility criteria apply.
Victoria
-
Full exemption up to $600,000
-
Concessions on purchases up to $750,000
Queensland
-
Exemptions for eligible new homes
-
Broader abolition of stamp duty on some first home buyer purchases from May 2025
Western Australia
-
Exemptions or concessions for eligible lower-priced homes
South Australia
-
Stamp duty abolished for eligible new home builds or purchases
-
$15,000 First Home Owner Grant available for new builds
Tasmania
-
50–100 percent discount for eligible first home buyers (time-limited)
-
$10,000 FHOG for new builds
Australian Capital Territory
-
Full concession for eligible buyers up to $1.02 million
Northern Territory
-
Discounts up to $18,601 for eligible first home buyers
These summaries are general only and do not cover all eligibility requirements. We verify current rules directly with state revenue offices before providing any recommendations.
​
The RateUnity Team
Jarrod Brooks
Shareholder & Partner
Jarrod utilizes strategy and stakeholder diplomacy to collaborate with boards and C-suite executives, driving growth across Asia-Pacific markets. His expertise spans real estate capital, governance, and strategic alliances, enabling ambitious expansion goals while safeguarding business interests.
Chris Dadej
Shareholder & Partner
A technology executive with 20+ years in Co-CEO, CTO & CPO roles, driving transformation and strategic innovation. Combining technical expertise & business acumen, Chris builds high-performing teams & delivers digital solutions that drive growth, elevate customer experience & boost operational efficiency.
Santiago Burridge
Shareholder & Partner
Santiago founded several Financial Services businesses during his career and now invests his energy in companies that aim to achieve great things. Rate Unity is one of those companies, as it has the potential to help thousands of Australian Families lead better lives and get better outcomes.
Sascha Flook
Shareholder & Partner
Sascha began her career as an IT Manager at Australian Geographic, leveraging her expertise in business operations and technology. She now leads Digital by Sasch, specializing in creative, customer-centric marketing for wellness, finance, and real estate sectors.
Frequently Asked Questions
How much deposit do I need as a first home buyer?
Deposit requirements vary by lender. Many prefer 10–20 percent, but some government programs allow eligible buyers to purchase with as little as 2–5 percent plus costs. A personalised assessment will confirm what is appropriate for your situation.
​
Can I combine first home buyer schemes with RateUnity loans?
In many cases, yes. We work with lenders who participate in government schemes. Eligibility and suitability are assessed individually.
​
What other costs should I consider?
You may need to allow for stamp duty (if applicable), legal fees, inspections, lender fees, and moving costs. We provide a full breakdown once we understand your circumstances.
​
Is it better to buy now or wait?
There is no single right answer. We compare scenarios such as buying now with a scheme versus saving a larger deposit to help you understand the differences.
​
Do you give financial advice?
We provide credit assistance only. We do not give financial, legal or tax advice. You should seek professional advice before making any major financial decisions.
