Buying my first home
First Home Buyers
Buying your first home is an exciting time but it can also be quite daunting. IMB has put together all the information you need to know about buying a home and the home loan process, including some helpful checklists to walk you through this memorable time in your life. We have the tools to help you choose the right home loan and some great calculators to find out how much you can borrow.
Let's take the first steps to owning your own home!
- How does IMB help First Home Buyers?
- How much can I borrow?
- How much is enough of a deposit?
- What are the different loan options?
- Making the decision - what's next?
- The home loan dictionary
Home Loans that might be of interest:
|Product||Description||Interest rates from|
|Introductory Variable Home Loan||To help you get started IMB’s Introductory Variable Home Loan offers a discounted interest rate during the first year of your loan. The loan then reverts to a discount off IMB’s fully featured Standard Variable Home Loan.||
|3 yr Fixed Rate Home Loan (For loans up to 90% of the property value)||The IMB Fixed Rate Home Loan gives you peace of mind with the security of fixed loan for the fixed period. You can also make up to 12 months repayments in advance without penalty. IMB Offers 1,2,3,4 and 5 year fixed terms.||
|Budget Home Loan (For loans up to 90% of the property value)||A low cost home loan option, the Budget Home Loan has a discount off IMB’s standard variable rate for the life of the loan, so you’ll always pay less.||
Normal IMB lending criteria, terms and conditions, fees and charges apply. Full loan terms and conditions are available upon request from any IMB branch or by calling 133 462, 8:00am to 8:00pm Mon-Fri, or 9:00am to 4:00pm Saturday. .#The interest rate shown is for a Budget Home Loan where your loan (inclusive of any applicable capitalised costs e.g. Lenders Mortgage Insurance and/or Mortgage Protection Insurance) is up to 90% of your property value. A higher rate applies when your loan is more then 90% of your property value. *These comparison rates are based on a $150,000 secured home loan over 25 years. Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rate.