The information provided on or available from this website (including any report) is a guide for general information purposes only and does not take into account all of your personal circumstances. It does not constitute financial advice or mortgage broking services, and should not be taken as giving any recommendation, suggestion or opinion in relation to any loan product.

Other features of the report:

Monthly Repayments

Monthly repayments calculations are based on the published interest rates available, the loan amount and a 30 year loan term. They do not take into account fees and charges. Some loans may have a special introductory rate which may revert to a higher rate during the loan term. Actual repayments may vary based on your individual circumstances and interest rate changes.

Lenders Mortgage Insurance

Lenders Mortgage Insurance (LMI) will generally apply if your Loan to Value Ratio (LVR) is over 80%. LMI values included where applicable in the report calculations are indicative only and based on a full doc loan. Actual LMI cost may vary greatly between lenders and higher costs may apply for low doc, investment or self employed loans. For low doc loans LMI may apply if the LVR is over 60%. Not all lenders allow LMI to be built into the loan. Your home loan professional can discuss LMI with you based on your circumstances.

Borrowing Capacity

This calculation is based on the information you submitted including income, expenses, the average standard variable rate as of today and a loan term of 30 years. This result is purely a guide and does not relate to any specific lender. Each lender has their own methods of calculating borrowing capacity. HLR accepts no liability whatsoever in relation to this calculation.

First Home Owner Grant

The First Home Owner Grant Grant (New Homes) scheme (the Scheme) was established to assist eligible first home owners to purchase a new home or build their home by offering a grant.
The grant amount is determined by the date of the eligible transaction. This is the date of the contract to purchase a new home or contract to build a home. For an owner builder, the eligible date is when the building work commences.
For more information please click on your State or Territory: