Just because a lender says you can borrow a certain amount, doesn’t mean you necessarily should. Stretching your finances too far can lead to stress down the track.
Use a budget planner and mortgage calculator to work out repayments that feel comfortable—not just what a lender will allow.
It’s normal to get emotionally invested in your dream home, but don’t let your heart override your head.
Stick to your budget, think long-term, and remember that this is also one of the biggest financial decisions you'll ever make.
Spoiler alert: the perfect home might not exist. Waiting too long can lead to missed opportunities—especially in a fast-moving market.
Use a Home Buyer Planner to set clear, realistic expectations. Focus on location, price, and potential instead of perfection.
Going straight to your bank limits your options to just their loan products—and they’re unlikely to tell you if there’s a better deal elsewhere.
A mortgage broker like Simplii Finance compares options across multiple lenders, saving you time and money.
You don’t always need 20%. In fact, many lenders accept deposits as low as 5–10%, and government schemes can help too.
Try our Deposit Checker to see just how low your deposit could go with the help of government schemes and our $10,000 Deposit Boost.
Well-meaning friends or dramatic news headlines can easily discourage you. But unless someone understands property and finance, their advice might do more harm than good.
Seek guidance from professionals or people who’ve successfully bought property themselves—and who understand your local market.
Buying a home is your journey. Don’t let common mistakes—or noisy opinions—derail your progress. With the right plan, tools, and support, you can make smart decisions and move forward with confidence.