Can I use multiple schemes together?

Yes! Many schemes can be combined. For example, you can use the First Home Guarantee AND claim the First Home Owner Grant AND receive stamp duty exemptions. Always check each scheme's rules.

What if I've owned property overseas?

Most Australian first home buyer schemes don't count overseas property ownership. You may still qualify if you've never owned property in Australia. Check individual scheme rules.

First Home Buyer Scheme Navigator

AI + Live Data

Find all grants, schemes, and concessions you're eligible for

Free to useNo data storedReal-time dataAI insightsUpdated: February 2026

Australia has many first home buyer schemes - federal, state, and local. Our AI searches all current programs and tells you exactly which ones you qualify for, how to apply, and how much you could save.

Enter Your Details

Real-World Examples

Sydney First Home Buyer

Emma earns $95,000 and wants to buy a $720,000 apartment in NSW as her first home.

Inputs Used:

state:NSWpropertyValue:720,000propertyType:Existing HomehouseholdIncome:95,000

Emma qualifies for: First Home Guarantee (avoid ~$18,000 LMI), NSW stamp duty exemption (save ~$28,000). Total potential savings: $46,000.

Melbourne Couple Buying New

Jake and Sophie have combined income of $160,000 and are buying a $650,000 new build.

Inputs Used:

state:VICpropertyValue:650,000propertyType:New BuildhouseholdIncome:160,000

They qualify for: First Home Owner Grant ($10,000), stamp duty concession (~$21,000 saving), and First Home Guarantee (avoid LMI with 5% deposit).

Frequently Asked Questions

Glossary

First Home Guarantee (FHBG)

Federal scheme allowing eligible buyers to purchase with 5% deposit without LMI. The government guarantees up to 15% of the loan.

First Home Owner Grant (FHOG)

State-based cash grant for first home buyers, typically for new builds. Amount varies by state ($10,000-$30,000).

Help to Buy

Shared equity scheme where the government contributes up to 40% of a new home's cost (30% for existing), reducing your mortgage.

Related Tools

Calculate Stamp Duty Savings

See exactly how much you'll save with first home buyer concessions.

Check if You Need LMI

Understand your LMI costs if you don't qualify for the First Home Guarantee.

Find Your Borrowing Power

See how much you can borrow to determine your property budget.

How to Use

1Select your state
2Enter your target property value and type
3Provide your household income
4See all schemes you may qualify for

Pro Tips

The First Home Guarantee is the most valuable - it can save you $20,000+ in LMI with just 5% deposit
Regional First Home Buyer Guarantee has fewer applicants - better odds of getting a place
New build grants are usually higher than established homes - consider the premium construction route
Income caps are rising - check current thresholds even if you've been told 'no' before

Avoid These Mistakes

Assuming you're over the income threshold without checking - caps have increased significantly
Not applying for the First Home Guarantee early enough - places fill quickly each year
Forgetting that some schemes can be combined - you might be eligible for multiple benefits
Missing state-specific grants by only checking federal programs

Disclaimer: This calculator provides estimates only and should not be relied upon for financial decisions. Interest rates, fees, and policies change frequently. Always verify information with lenders directly. This is general information, not personal financial advice. Consider seeking advice from a licensed mortgage broker or financial advisor.

Last updated: February 2026