First Home Buyers Grant Calculator Nsw
First Home Buyers Grant Calculator Nsw . You must be a first home buyer that’s building a new home up to $750,000 in value (combined value of land and buildings). Most eligible first home buyers use their $10,000 grant towards their home deposit. Purchase A Home from itssimple.com.au Renovate your existing residence where the contract value is between. You can apply to use up to $15,000 (of your voluntary contributions only) from any individual financial year, capped at $50,000 in total across all years. Of the more than 28,000 first home buyer loan commitments in nsw during the 2019/20 financial year, 6,724 of them (24%) used this grant to help build their deposit.