Keystart Home Loan
Low deposit home loan for first home buyer and subsequent home buyer.
Income and Property Purchase Price Limits
|Purchasing||Income limit||Property Purchase Price Caps|
|Metro Area||$90,000 (Singles)||$480,000|
|Regional Areas (excluding Kimberley & Pilbara)||$110,000 (Singles)||$500,000|
Deposit and savings requirements
|The amount you buy your home for||The deposit required||Genuine savings required|
|Up to $480,000||2% deposit *||1%|
|$480,001 - $500,000||5% deposit||1%|
|$500,001 - $650,000||7% deposit||2%|
|Term of loan||30 years|
|Maximum other debts||My existing monthly debt repayments are less than 10% of my gross income|
|Lenders mortgage insurance||Not required|
|Loan keeping fees||0%|
|Statement frequency||6 monthly|
* Higher of 2% or $2,000 is required.
Keystart Terms and Conditions, fees and charges and normal lending criteria apply. Rates and limits stated are subject to change without notice.