Help to Buy is an Australian Government shared-equity program. If you are eligible, the Government contributes an equity share toward the property, which can reduce the home loan required. It is different from a low-deposit guarantee because the Government holds an equity interest.
What to understand first
- The current eligibility and income rules.
- The current property limits for your location.
- How the Government equity share works when the property is sold or the equity is repaid.
- Which lenders currently participate and what lending assessment still applies.