Get into a home of your own sooner with a property price limit of up to $730,000 with Housing Authority co-owing a share of the property with you, acting as a silent partner to help.
Variable rate
Comparison rate
Maximum loan term
*Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Comparison rate
Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Loan repayment amounts
Loan repayment amounts shown are based on a simplified amortised schedule of repayments model. Actual loan repayments are subject to various internal and external factors including (but not limited to) changes in interest rates, fees and taxes. In particular, the model cannot predict future interest rates and therefore assumes the current variable rate for the remainder of the loan period.
Deposit required
Your deposit will be the higher of 2% or $2,000. The deposit required shown here may vary dependent on location and purchase price.
Purpose of the home loan
Not all loan products allow you to build a home.
Borrowing amount
This amount is provided for illustrative purposes only. The amount you may be eligible to borrow will be based on a full application. All applications for loans are subject to Keystart's standard credit policies and loan approval criteria, and depend on the particular circumstances and credit attributes of each applicant. Actual loan amounts approved may therefore be different to the results presented.
Loan increases?
By choosing a few basic details about yourself, we can recommend a loan most suitable for you to apply for. Home is behind the world ahead and there are many paths to tread through.
We have a few eligibility requirements - you can find out if you qualify (we call this pre-qualification) in five minutes. Click here to get started.
Find out how much you can borrow - so you'll know how much you can afford before you put in an offer.
Start online or you can call 1300 578 278 to chat with our team.
So, you've made an offer on a property. Exciting times! To move to formal approval you'll need to meet any outstanding conditional approval conditions. Then we'll send you documents to sign.
Keystart's settlement agent will liaise with your settlement agent to organise settlement.
Once settlement has occurred you can move into your new home!
We aim to support you through your home loan journey. The application process is just the beginning. Now you will begin to manage your home loan.
You can search for properties anywhere in Western Australia across online listings such as realestate.com.au and domain.com.au as long as they meet the Urban Connect Shared Equity loan criteria, including the minimum 200 sqm land requirement.
Urban Connect Shared Equity is available for individual, multiple or grouped dwellings – including apartments, townhouses, unit and villas – which are newly-built, under construction or off-the-plan and located anywhere in Western Australia.
Properties can be single or multi-storey, built or survey strata, or on a green title with a maximum land size of up to 200 square metres.
No, the percentage you own in a shared ownership home loan will be determined by your financial situation. Housing Authority will contribute up to a maximum of 35% of your purchase price or $250,000 in the property. You can increase your ownership share whenever you can afford to.
You can sell your home at any time. Read our guide to selling a shared ownership home.
No. No more rent inspections! The Housing Authority don't conduct inspections on its shared ownership properties. As long as you maintain the property and comply with your obligations under the mortgage and Co-owners Deed you will be left to occupy the property peacefully and without disturbance. Enjoy!
Some of the other upfront costs you may incur when buying a home include application fees, legal or conveyancing fees, transfer fees, government stamp duty, inspection fees (building or termite), settlement agent fees, building insurance and water or shire rates.
You may also need to consider your moving costs if you need to hire a truck or removalists. If you're a first home buyer and you're thinking of building a new home, you may be eligible for the first home owner grant.