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Generally, you’ll need  20% of the property price as a deposit. However, if you don’t have the 20% deposit, you may still be able to get a loan but will probably need to pay Lenders’ Mortgage Insurance. This can mean a deposit as low as 5% for existing customers or 10% for new customers.

Stamp Duty

After the deposit, stamp duty is probably the second biggest cost when buying a home and is different in each state in Australia. Generally the more expensive a home, the higher the stamp duty will be.

Consultation Fees

Legal fees

Most buyers of property engage a solicitor or conveyancer to review the contract, check the property title and draft the settlement documents.

Inspection fees

Many purchasers get more comfort about their selected property by purchasing reports into the structure of the property, or the existence of pest infestations

Additional costs

Mortgage registration fee
A state/territory fee to register the mortgage on the property title.
Mortgage application fees
Fees charged by the bank to set your mortgage up.
Title transfer fee
A state/territory government fee to cover the cost of transferring the title (different in each state).