How much deposit do I “actually need” to buy my first home?

The biggest question on First Home Buyers’ minds is ‘how much do I “actually need” to get into a home’?

First we need to understand the Three C’s of Credit:

Capacity Your ability to make the repayments, such as your salary

Character How likely you are the repay the debt, such as your credit score

Collateral What are we securing your loan against. Read on for the full guide!