Get clear on your position
We look at your income, savings, expenses, debts and goals to understand where you stand today.
Enough
to buy your first home
The secret to money isn’t trying to chase more. It’s understanding the life you want to live and then figuring out how much money you need to live that life. Because once you’ve got enough to live that life, then there’s no need to look for more. You’ve got enough.
Enough wondering. Find out what you can actually afford.
Buying your first home comes with a lot of questions. How much can you borrow? Is your deposit enough? What will the repayments look like? Which loan is actually right for you?
An Inovayt mortgage broker helps you make sense of the numbers so you can understand your options and build a clear path towards your first home.
Whether you’re ready to apply or still working towards it, start with a conversation.
Over 15 years of award-winning experience and satisfied customers
Your first home starts with knowing your numbers
You don’t need to understand every loan, lender and government scheme before you start looking to buy your first home.
What you need to understand is your numbers.
We’ll help you work out how much you can borrow, what deposit you’ll need, the costs involved in buying and what your repayments will look like.
Then we give you a range of suitable lending options to compare and help you get finance-ready, so when the right property comes along, you know what you can comfortably afford.
Your first home doesn’t need to be everything. It needs to be enough for the life you want now, without stretching your finances further than they need to go.
Enough support to buy with confidence
Know what you can afford
Get a clearer view of your borrowing power, likely repayments and the total costs involved in buying before you start making offers.
Understand your deposit options
A 20% deposit isn’t the only route into a first home. We’ll help you understand the role Lenders Mortgage Insurance (LMI) can play, how guarantor options work and what relevant first home buyer schemes apply to you.
Compare your loan options
Different lenders assess first home buyers differently. We compare suitable options across our lender panel and explain the differences clearly, so you can make an informed decision.
Get the most competitive rate from 40+ Lenders
Let us do the hard work for you. Access to Australia’s top lenders means we can find and compare the best deals for your business and personal financial needs.
From “Can I buy?” to getting the keys
There are a lot of little steps along the way to buying your first home, but you can break it down into five simple stages.
Work out your buying budget
We assess your borrowing capacity, repayments, deposit requirements and purchasing costs to help establish a realistic price range.
Compare lenders and get pre-approved
When you are ready, we compare suitable lenders and loan structures and manage your pre-approval application.
Find your first home
With a clear budget in place, you are now in a much better position to search for the home you’re after and make offers with greater confidence.
Approval and settlement
Once you’ve found your property, we help manage the finance process through to formal approval and settlement.
Useful tools before you buy
You don’t have to wait for an appointment to start getting your numbers together.
Borrowing Power Calculator
Get an initial indication of how much you can borrow.
Buying Costs Calculator
Begin to estimate the additional costs that come with purchasing a property.
First Home Buyers Guide
Understand the major stages of buying your first home and what to expect along the way.
How Sarah and Mike found a clearer path to their first home
Like many first home buyers, Sarah and Mike weren’t sure whether home ownership was realistically within reach.
Instead of starting with the biggest loan they could get, the conversation focused on what they actually needed from their first home and what they could comfortably afford.
We helped them understand their financial position so they were able to establish a realistic buying budget and create a clearer path towards purchasing.
The result was their own townhouse, a backyard for their dog and a mortgage structured around the life they wanted to live.
That was their enough.
Not ready to speak to a broker yet?
If you’re still working out how close you are to buying, the Property Readiness Quiz is a useful way to get a clearer starting point in less than five minutes.
You’ll receive a personalised readiness score and practical next steps based on your current situation.
First home buyer FAQs
How much deposit do I need to buy my first home?
There isn’t one deposit amount that works for every buyer. Your options can depend on the property, lender and your financial position. A broker can help you understand the deposit you may need and whether options such as LMI, a guarantor or relevant first home buyer initiatives could affect your pathway.
How much can I borrow?
Borrowing capacity depends on factors including your income, expenses, existing debts, deposit and the lender assessing your application. We can assess your position across suitable lenders and help establish a realistic buying budget.
Should I get pre-approval before looking for a property?
Pre-approval can give you a clearer idea of your potential borrowing position before you make an offer. We can help determine when it makes sense to apply and manage the application for you.
What other costs do first home buyers need to budget for?
Depending on your purchase, costs can include stamp duty, conveyancing, inspections, lender fees and other expenses. Understanding these early can help avoid surprises later.
When should I speak to a mortgage broker?
You don’t need to wait until you’ve found a property. Speaking to a broker earlier can help you understand what you need to do now — whether you’re ready to buy or still preparing.
Find your way to enough today
Reach out to our team of experts today.
We’ll show you how easy it can be to get into your first home and start living the life you want to live.
(Hint. We’re tipping you’re closer than you think.)