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Homebuying Guide: Fees, Savings, and Deposit Tips

Learn about average purchase price, deposit requirements, settlement period, borrowing costs, Homebond fees, and savings for homebuyers. Plan wisely for a stress-free home purchase.

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Homebuying Guide: Fees, Savings, and Deposit Tips

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  1. Homebond Fees Quest Henderson • Average Purchase Price: $300,000 • 10% Deposit Required: $ 30,000 • Settlement Period: Twelve months • Cost to purchaser if borrowing cash: $ 2,844(based on 9.49% interest rate x 12months) • Homebond Fee @ 5.52% pa less Vendor contribution:$ 1,356 • Average Savings: $ 1,488

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