Nothing beats stepping over the threshold of your new home. 
And the dream of buying a home is still very much alive. With the right advice and a realistic plan, you can find your place on the property ladder.

How can I afford a property?

For some of us, the cost of property is so daunting we simply put it off. Then prices could rise further, and we may feel like we’ve missed out. Yes, getting on the housing ladder has risk attached, but owning property for many is still the Australian dream. It makes sense to take your time and do your research to find what’s right for you. The key is finding an acceptable level of risk and having a robust, flexible plan that takes into account life’s twists and turns.

How much can I afford to borrow?

AMP’s borrowing calculator is a quick way to get an idea of what you might be in for.

What mortgage is right for me?

There are many different mortgages available, so it pays to shop around for the right one at a price you can afford. Having an offset account, linked to your home loan is a way that reduces the interest you have to pay. See how much interest you could save by using an offset account linked to your home loan by using our offset calculator.

Whatever you decide, it’s worth doing your homework so you avoid any hidden costs. For instance, some mortgages may offer a reduced rate, but only for a short period. Keep in mind that variable rate loans are generally more flexible than those with a fixed rate. Although in times of low interest rates, it can make sense to secure a low rate for a fixed period. A home loan calculator can give you an idea of what you might expect.

Saving tips

Our Financial help hub has a heap of up-to-date articles to help you manage your money, explore options to grow your wealth and plan for the future. If you’re buying your first home, you might be eligible for government assistance.

Finding an investment property

If you’re already a homeowner or are thinking about investing, check out a property investment guide

What's next?

Calculate how much you may be able to borrow

Important information

Any advice and information provided is general in nature, hasn’t taken your circumstances into account, and is provided by AWM Services Pty Ltd ABN 15 139 353 496 (AWM Services), which is part of the AMP group (AMP). Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you. All information on this website is subject to change without notice. Although the information is from sources considered reliable, AMP does not guarantee that it is accurate or complete. You should not rely upon it and should seek professional advice before making any financial decision. Except where liability under any statute cannot be excluded, AMP does not accept any liability for any resulting loss or damage of the reader or any other person.

The product issuer of the AMP Bett3r Account is AMP Bank Limited ABN 15 081 596 009, AFSL 234517.