You:
AffordAssist
Interest-Free Deposit Solution:
Home Loan
Maximum LVR:
* You contribute a minimum $1,000 part-deposit. The AffordAssist interest-free deferred amount is flexible — defer up to 14% over 10 years — and it’s always interest-free. Refer to AffordAssist for eligibility and details.
2 and 3 bedroom houses available from $449,000
Locations:
> Burnie - from $449,000
> Midway Point - from $765,000
> West Ulverstone - from $589,000
> Latrobe - from $689,000
• Buy an initial part-deposit from just $1,000*
• Defer up to 14% of the purchase price interest-free for up to 10 years (typically 10% over 5 years)
* AffordAssist has limited allocations, act soon.
* Lot sizes, Floor plans, Market, Rentals, Strata Insurance, Council, Water and other information including estimated completion dates are location specfic and can be provided.
* House types, include NDIS specifications and wheelchair accessible, from $560,000.
* Balance of deposit and Loan LVR may vary, refer to AffordAssist for eligibility and details.
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AffordAssist is an Interest-Free Deferred Deposit Solution.
Buy Sooner. Borrow Less. Defer the Deposit. Interest-Free.
This is not just about affordability or depending solely on market growth. AffordAssist considers three interconnected aspects of a property purchase: Access, Borrow Less and Exit.
A smarter structure for housing affordability can help optimise available cash, reduce the long-term cost of home ownership, build equity sooner, and maintain greater financial flexibility.
AffordAssist covers the agreed deposit at settlement, using AffordAssist’s proprietary Deferred Deposit Agreement (DDA) and Deposit Certificate as part of the purchase structure.
Eligibility to secure a Home Loan, must meet standard lender serviceability criteria. And, is based on the applicants annual income and outgoings including payments under the Deferred Deposit Agreement (DDA).
AffordAssist eligibility and structure: No guarantor, rental history or established savings history required.
Optional: 80% LVR (no LMI) or 90% LVR home loan (incl. LMI)
Buy / Invest Smarter: Imagine not paying any interest on up to 15% of the build price. Financial flexibility can also be created by reducing the LVR, keeping more of your money working for you and helping reduce mortgage stress.
With an AffordAssist-accredited mortgage broker, receive your AffordAssist Approved PDF within just a few days.
At settlement, ownership transfers to the buyer, providing 100% title ownership and 100% equity.
This is not a shared-equity arrangement. The deferred amount is paid to the property seller, with No-Interest: Periodic payments over up to 120 months.
In any economy, a smarter structure that creates greater financial flexibility can be a game-changer.
The AffordAssist Interest-Free Deferred Deposit Solution.
Book a short 10–15 minute call to explore how AffordAssist Interest-Free Deposit Solution may work for you. Available 7 days a week, 8am–8pm. Click here