Government Deposit Schemes

First Home Buyer Eligibility

Check your eligibility for Australian Government deposit schemes. Based on 2025/2026 Housing Australia guidelines.

Your Situation

Applicant Type

I am a single parent

Residency Status

Have you owned property in the last 10 years?

Location & Property

State

Area

Property Value

Financials

Annual Income

Gross taxable income as per ATO Notice of Assessment (NOA) for most recent completed financial year.

Deposit Saved

Current deposit: 3.0% of property value

Eligibility Results

Help to Buy Scheme

Government Shared Equity — Up to 30–40%

Likely Eligible

Buy with as little as 2% deposit.
Government contributes equity, reducing your loan size.
No Lenders Mortgage Insurance (LMI) required.
Price cap in your area: $1,300,000

5% Deposit Scheme

First Home Guarantee — No LMI

Not eligible because:

Minimum 5% deposit required

Your Numbers at a Glance

Property Value$500,000

Deposit Saved$15,000

Deposit %3.0%

Loan Required$485,000

Disclaimer: This calculator is a guide only. Eligibility is determined by Participating Lenders and Housing Australia based on full documentation and credit checks. Government price caps and policies are subject to change.

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