Let's buy a home together
Buying a home is one of the biggest decisions you'll ever make. This is why it's so important to get a finance specialist on your side. Your Zuu Money Finance Specialist is here to help with expert advice and industry leading technology to make the process as smooth as possible.
With literally thousands of loans to choose from, you might be left wondering what is the best loan for you? As qualified Mortgage Brokers, we’ll not only help you find a loan that suits your particular needs, but we'll manage the entire application process from start to finish.
It’s why more than 70% of Australian borrowers use a Mortgage Broker to secure their home loan.
Discover more about the different loan types available or get started online today.
Our smart technology makes applying easy
Applying for you next home loan has never been easier. The Zuu Money online application system allows you to enter your details from any device and upload your documents with ease.
Say goodbye to handwritten application forms and endless emails, all your information is collected in our simple, easy to use platform that saves you time and frustration.
Get started online right now.
Hundreds of loans from Australia's top lenders
Our team of experts will compare hundreds of loans from Australia's top lenders and present you with a range of options that suit your lending needs.
STILL GOT QUESTIONS? WE GOT YOU!
Frequently asked questions
How much can I borrow?
We’re all unique when it comes to our finances and borrowing needs. Get an estimate on how much you may be able to borrow (subject to satisfying legal and lender requirements) with our online borrowing capacity calculator. Or contact us today, we can help with calculations based on your circumstances.
How do I choose a loan that’s right for me?
Our guides to loan types and features will help you learn about the main options available. There are hundreds of different home loans available, so talk to us today.
How much do I need for a deposit?
Usually between 5% – 10% of the value of a property, which you pay when signing a Contract of Sale. Speak with us to discuss your options for a deposit. You may be able to borrow against the equity in your existing home or an investment property.
How much will regular repayments be?
There are many different types of loan products with varying interests which will impact your repayment amount. Talk to us today about the products currently available that suit your lending needs, and we’ll calculate the repayments for you.
How often do I make home loan repayments — weekly, fortnightly or monthly?
Most lenders offer flexible repayment options to suit your pay cycle. Aim for weekly or fortnightly repayments, instead of monthly, as you will make more payments in a year, which will shave dollars and time off your loan.
What fees/costs should I budget for?
There are a number of fees and costs involved when buying a property. To help avoid any surprises, the list below sets out many of the usual costs:
- Stamp duty — This is the big one. All other costs are relatively small by comparison. Stamp duty rates vary between state and territory governments and also depend on the value of the property you buy. You may also have to pay stamp duty on the mortgage itself.
- Legal/conveyancing fees — Generally around $1,250 – $2000, these fees cover all the legal requirements around your property purchase, including title searches.
- Building inspection — This should be carried out by a qualified expert, such as a building inspector, before you purchase the property. Your Contract of Sale should be subject to the building inspection, so if there are any structural problems you have the option to withdraw from the purchase without any significant financial penalties. A building inspection and report can cost up to $1,000, depending on the size of the property.
- Pest inspection — Also to be carried out before purchase to ensure the property is free of problems, such as white ants. Your Contract of Sale should be subject to the pest inspection, so if any unwanted crawlies are found you may have the option to withdraw from the purchase without any significant financial penalties. Allow up to $500 depending on the size of the property.
- Lender costs — Most lenders charge establishment fees to help cover the costs of their own valuation as well as administration fees. We will let you know what your lender charges but allow about $200 to $995.
- Moving costs — Don’t forget to factor in the cost of a removalist if you plan on using one.
- Mortgage Insurance costs — If you borrow more than 80% of the purchase price of the property, you may also need to pay Lender Mortgage Insurance. You may also consider whether to take out Mortgage Protection Insurance.
- Ongoing costs — You will need to include council and water rates along with regular loan repayments. It is important to also consider building insurance and contents insurance. Your lender will probably require a minimum sum insured for the building to cover the loan.
Ready to get started?
Getting your next home loan has never been easier. Our online application system makes applying easy and our Finance Specialist are available to you online or over the phone whenever you need us. Get started below or contact our expert team with your enquiry.
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Zuu Money Pty Ltd ABN 66 670 119 105, Australian Credit Licence Number 567690
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