Crunch
your numbers
Use our online calculators to work out how much you can borrow, loan repayments, stamp duty and lots more.
We are here to give you a lending hand
Consider these costs when purchasing a property
- Lenders Mortgage Insurance (LMI) – A one-off, non-refundable, non-transferrable premium that’s added to your home loans in Australia. When you don’t have a minimum 20% deposit, it is calculated based on the size of your deposit and how much you borrow. The more you contribute to the purchase price of your property, the lower the cost will be.
- State Taxes, Duties and Fees – Stamp Duty is a government fee which varies between states. Your 1st Street Mortgage Brokers can calculate this amount for you with a stamp duty calculator.
- Legal Representation Fees – A solicitor or conveyancer is required to manage the legal aspects of your property such as assessing the contract and carrying out property searches. This fee can range from $1,500 upwards.
- Building Inspection Report – An inspection of the building you intend to purchase will highlight whether there are any issues or potential issues with the building. This report generally costs up to $1,000. A building inspection report may not be required if you are purchasing a strata title unit.
- Strata Report – This is required prior to purchasing a strata title unit to ensure you are fully aware of any underlying issues relating to the unit/building you are looking to purchase. This can be arranged by your legal representative.
- Pest and Termite Inspections – This is a relatively inexpensive cost although a worthwhile purchase as it will make you aware of any current or previous pest related issues in the property.
- Insurance – Building, home, contents and mortgage protection insurance
Our service is completely
Free
Yes, that’s right. You pay zero, zip, nada.
1st Street’s premium service comes at no cost to you! 1st Street is paid by the lender when your loan settles, however, this will not affect your interest rate or loan fees! It is often more cost-effective for a mortgage broker to process a loan rather than the lenders processing it themselves in-house. In fact, we often find that we can save you money by negotiating on your behalf.
Crunch
With 40+ lenders to choose from, the options are never ending!
A word from our satisfied customers
Maxine Zhong
19 October 2023
Amanda has been such an incredible support throughout our very first time going through the home loan process.
Her thoughtfulness to regularly check in to make sure all our questions were answered and that all our documents were in place helped to make the whole daunting process feel seamless and easy. I could not recommend her enough - she made sure to keep us informed every step of the way and made sure all necessary documents/processes were completed well ahead of time so we never had to worry about missing any steps.
She went well above and beyond her role, and I know we will definitely be coming back to her in the future, as well as recommending her to all of our networks! Thank you again, Amanda!
Mark Nesbitt
11 October 2023
Greg and the team provide an outstanding service. Highly recommended
Christine Tran
23 September 2023
Yuval handled my first ever home loan, he did such an amazing job I asked to him to refinance for me 2 years later. Yuval made everything very easy for me, and will give his best recommendation as if it was his own. Would always recommend Yuval :)
David Petrini
25 August 2023
Yuval Bloomfield was an absolute delight to work with. He made it extremely easy for my clients to discuss about their financial situation. With Yuval's strong connections he was able to get the loan my clients wanted in very quick time.
Will definitely refer Yuval again.
Sophie Linehan
24 August 2023
Greg and the team at 1st Street were fantastic all the way through the process of getting our financing sorted and buying a new home. They not only secured us the most competitive mortgage in the market but they also gave advice on a number of mortgage-adjacent questions that came up along the way. Their responsive and thoughtful guidance helped make the nail-biting process clear and calm. We would definitely recommend their services.
Gabrielle Scott-Jones
18 August 2023
Greg and his team gave me exceptional advice and support. They were timely and detailed in their responses and dealt patiently with me as a first home buyer and all of my questions. The lender at the bank commented on how well I was being looked after compared with other brokers in the market. I’d highly recommend 1st Street to anyone, including friends and family.
Eli Simic
15 August 2023
Great communication and fast service
Richard Kuipers
11 August 2023
Jeremy and his team are superb. Negotiated the best deal for us and were an absolure pleasure to work with. Highly recommended, you can't do any better in my opinion.
Jordan Rivkin
1 August 2023
The team at 1st Street truly are professionals. I can't recommend Jeremy highly enough, he is extremely competent and just a great guy. You're in safe hands with 1st Street!
Yossi Bengida
23 July 2023
Another amazing job by David and Bree.
Always available for our questions, helpful and just 10/10
Seriously good work !!
See you on the next one :)
Yossi and liz