First Home Buyer Loans
5.39% | 5.70%
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
COMPARISON RATE
Variable, P&l, Owner Occupied, LVR < 60%. Introductory rate for 2 years.
Fees & eligibility apply. Rates subject to change. RateUnity Pty Ltd ACL 554016.
POTENTIAL SAVINGS
First home buyer savings at 5.39%
Estimated monthly savings compared to the average Australian owner-occupied variable rate, plus stamp duty saving for eligible NSW buyers.
LOAN VALUE | MONTHLY REPAYMENTS | RATEUNITY SAVINGS/MONTH* | STAMP DUTY SAVINGS (NSW) |
|---|---|---|---|
$800,000 | $4,418 | $460/month | $31,490 saved |
$700,000 | $3,866 | $403/month | $29,240 saved |
$600,000 | $3,313 | $345/month | $22,490 saved |
$500,000 | $2,761 | $288/month | $0 stamp duty |
* Repayments based on 30-year P&I at 5.39%. Savings calculated vs average Australian OO variable rate 6.09% (RBA April 2026). Stamp duty savings are indicative estimates for eligible NSW first home buyers under FHBAS as of April 2026. Individual circumstances vary. Not financial advice.
GOVERNMENT SCHEMES
Stack every benefit available to first home buyers
NSW first home buyers can combine multiple government schemes — potentially saving tens of thousands before a loan even begins.
First Home Owner Grant
$10,000
NSW Government cash payment for eligible buyers purchasing a new home under $750,000 never previously occupied. Can be combined with stamp duty exemption.
Stamp Duty Exemption
Up to $31,490
Zero stamp duty on eligible properties under $800,000. Concessions up to $1,000,000. Applies to new and established homes you don't need to buy new.
5% Deposit Scheme
No LMI
Buy with just 5% deposit. The government guarantees 15% so you pay no Lenders Mortgage Insurance. Income caps: $125K single, $200K couple.
NSW STAMP DUTY GUIDE 2026
How much stamp duty do first home buyers pay in NSW?
Under the FHBAS, eligible buyers pay zero stamp duty under $800,000 and concessional rates up to $1,000,000.
PURCHASE PRICE | STANDARD DUTY | FHB DUTY | SAVING |
|---|---|---|---|
$600,000 | ~$22,490 | $0 | ~$22,490 |
$700,000 | ~$26,990 | $0 | ~$26,990 |
$750,000 | ~$29,240 | $0 | ~$29,240 |
$800,000 | ~$31,490 | $0 | ~$31,490 |
$850,000 | ~$33,740 | ~$16,870 | ~$16,870 |
$900,000 | ~$35,990 | ~$17,995 | ~$17,995 |
$950,000 | ~$38,240 | ~$28,680 | ~$9,560 |
$1,000,000+ | Full rate | No concession | — |
Indicative estimates based on NSW Revenue rates as of April 2026. Confirm with your solicitor before proceeding.
FHBAS ELIGIBILITY
-
Australian citizen or PR, aged 18 or over
-
Neither you nor your partner has previously owned residential property in Australia
-
Property under $1,000,000 full exemption under $800,000
-
Move in within 12 months and live there continuously for at least 12 months
-
Can combine with FHOG for new homes under $750,000
Partner rule — critical
If your spouse or de facto partner has previously owned property anywhere in Australia even if not on the title you are ineligible for FHBAS. Always check before exchanging contracts. We verify this for every client.
HOW IT WORKS
Easy steps to buy your first home
1
RateUnity Submission
Fill out our online form. We confirm your rate, eligibility for all schemes, and potential savings.
2
Loan Discussion
Quick chat on your goals, budget, and the best path to your first home no jargon, no pressure.
3
Provide Documents
Provide verification documents to support your application. We guide you through exactly what's needed.
4
Hero Bank Decision
Bank reviews your application. We manage the process through to approval and settlement.
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.
First home buyer questions answered
What is the RateUnity first home buyer rate?
RateUnity's first home buyer variable rate is 5.39% p.a. a discounted introductory rate for 2 years achieved through collective bargaining. Comparison rate 5.70% p.a. Applies to owner-occupied P&I loans, LVR under 60%. After 2 years the rate reverts to the standard variable rate. No trailing commission.
How much stamp duty do first home buyers pay in NSW in 2026?
In NSW in 2026, eligible first home buyers pay zero stamp duty on properties up to $800,000 under the FHBAS. Concessional rates apply from $800,001 to $999,999. On a $750,000 home the saving is approximately $29,240. On an $800,000 home approximately $31,490. Properties at $1,000,000 or above attract full stamp duty with no concession.