Which scheme can I apply for?

View the comparison table for a brief overview of the key differences between the three programs.

If you aren’t sure which program could apply to you, answer a few questions below and we’ll point you in the right direction.

This tool can help you determine whether you could be eligible for the First Home Loan Deposit Scheme, New Home Guarantee or Family Home Guarantee. It provides general guidance as to the various eligibility criteria but does not constitute a determination of eligibility by the NHFIC. It is your responsibility to find out whether or not your particular circumstances make you eligible for the Scheme/s. If in doubt, it is your responsibility to get the advice you need from a participating lender or otherwise to be sure of your position. The NHFIC, its employees and agents will not be responsible for any claims for direct or indirect loss allegedly caused by or arising from the use of this tool. All of the monetary figures displayed are in Australian dollars.

  1. How do you intend to buy a home?
  2. Are you an Australian citizen?
    The Schemes are only available to Australian Citizens. Based on the information provided you cannot apply to any of the schemes.
  3. Are you at least 18 years of age?
    You must be at least 18 years of age to access the Schemes. Based on the information provided you cannot apply to any of the schemes.
  4. Are you buying as an individual or a company/trust?
    The Schemes are aimed at supporting Australians to buy family homes. They can only be used by borrowers acting in an individual capacity as natural persons buying under their own name. Based on the information provided you cannot apply to any of the schemes.
  5. Are you buying a residential property in Australia?
    The Schemes are aimed at supporting Australians to buy family homes and are only available for the purchase of residential properties in Australia. Based on the information provided you cannot apply to any of the schemes.
  6. How much did you earn last financial year? (your taxable income within the meaning of the Income Tax Assessment Act 1997)
    Your taxable income is above the maximum threshold to qualify for support. Based on the information provided you cannot apply to any of the schemes.
  7. Will you live in the home which you are buying?
    The Schemes are only available for the purchase of owner-occupied properties. Properties to be used for commercial, investment or other purposes are not eligible. Based on the information provided you cannot apply to any of the schemes.
  8. Have you ever owned or had an interest in*, a residential property anywhere in Australia (either individually, together, or with another person)?
    NOTE: THIS INCLUDES ANY RESIDENTIAL PROPERTY YOU OR THE OTHER PERSON HAVE EVER OWNED EITHER JOINTLY/SEPARATELY/WITH SOMEONE ELSE (INCLUDING RESIDENTIAL STRATA AND COMPANY TITLE PROPERTIES), REGARDLESS OF WHETHER IT WAS AN INVESTMENT OR OWNER-OCCUPIED PROPERTY AND WHETHER YOU HAVE EVER LIVED IN IT OR NOT.
    *DEFINITION FOR THE PURPOSES OF SATISFYING THIS ELIGIBILITY CRITERIA THIS MEANS YOU HAVE NEVER HELD:
    i. A FREEHOLD INTEREST IN REAL PROPERTY IN AUSTRALIA; OR
    ii. A LONG-TERM LEASE (WITH A TERM OF AT LEAST 50 YEARS) OVER REAL PROPERTY IN AUSTRALIA (INCLUDING A RENEWAL OR EXTENSION OF SUCH A LEASE) AS DESCRIBED IN PARAGRAPH 104-115(1)(B) OF THE INCOME TAX ASSESSMENT ACT 1997; OR
    iii. A COMPANY TITLE INTEREST (WITHIN THE MEANING OF PART X OF THE INCOME TAX ASSESSMENT ACT 1936)IN LAND IN AUSTRALIA.
  9. Are you a single parent with at least one dependant?
    Based on the information provided you cannot apply to any of the schemes.
  10. Are you a single parent with at least one dependant?
  11. Are you buying or building a new home?
  12. Are you buying or building a new home?
  13. Is the person you are intending to purchase a residential property with your spouse or de facto partner?
    Where there are two borrowers, each borrower must be the spouse or de facto partner of the other borrower. Based on the information provided you cannot apply to any of the schemes.
  14. Are both of you Australian citizens?
    The Schemes are only available to Australian Citizens. When purchasing as a couple, both borrowers must be Australian Citizens. Based on the information provided you cannot apply to any of the schemes.
    The Schemes are only available to Australian Citizens. When purchasing as a couple, both borrowers must be Australian Citizens. Based on the information provided you cannot apply to any of the schemes.
  15. Are both of you at least 18 years of age?
    The Schemes are only available to Australian Citizens who are both at least 18 years of age. Based on the information provided you cannot apply to any of the schemes.
    The Schemes are only available to Australian Citizens who are both at least 18 years of age. Based on the information provided you cannot apply to any of the schemes.
  16. Are you buying as a couple or a company/trust?
    The Schemes are aimed at supporting Australians to buy family homes. They can only be used by borrowers acting in an individual capacity as natural persons buying under their own name. Based on the information provided you cannot apply to any of the schemes
  17. Are you buying a residential property in Australia?
    The Schemes are aimed at supporting Australians to buy family homes and are only available for the purchase of residential properties in Australia. Based on the information provided you cannot apply to any of the schemes.
  18. Will you live in the home which you are buying?
    The Schemes are only available for the purchase of owner-occupied properties. Properties to be used for commercial, investment or other purposes are not eligible. Based on the information provided you cannot apply to any of the schemes.
  19. Have you, and/or your spouse / de facto partner that you are intending to purchase a residential property with, ever owned or had an interest in*, a residential property anywhere in Australia (either individually, together, or with another person)?
    NOTE: THIS INCLUDES ANY RESIDENTIAL PROPERTY YOU OR THE OTHER PERSON HAVE EVER OWNED EITHER JOINTLY/SEPARATELY/WITH SOMEONE ELSE (INCLUDING RESIDENTIAL STRATA AND COMPANY TITLE PROPERTIES), REGARDLESS OF WHETHER IT WAS AN INVESTMENT OR OWNER-OCCUPIED PROPERTY AND WHETHER YOU HAVE EVER LIVED IN IT OR NOT.
    *DEFINITION FOR THE PURPOSES OF SATISFYING THIS ELIGIBILITY CRITERIA THIS MEANS YOU HAVE NEVER HELD:
    i. A FREEHOLD INTEREST IN REAL PROPERTY IN AUSTRALIA; OR
    ii. A LONG-TERM LEASE (WITH A TERM OF AT LEAST 50 YEARS) OVER REAL PROPERTY IN AUSTRALIA (INCLUDING A RENEWAL OR EXTENSION OF SUCH A LEASE) AS DESCRIBED IN PARAGRAPH 104-115(1)(B) OF THE INCOME TAX ASSESSMENT ACT 1997; OR
    iii. A COMPANY TITLE INTEREST (WITHIN THE MEANING OF PART X OF THE INCOME TAX ASSESSMENT ACT 1936)IN LAND IN AUSTRALIA.
    When purchasing as a spouse / de facto couple, both borrowers must be first home buyers. Based on the information provided you cannot apply to any of the schemes.
    When purchasing as a spouse / de facto couple, both borrowers must be first home buyers. Based on the information provided you cannot apply to any of the schemes.
  20. How much did you earn together last financial year? (your taxable income within the meaning of the Income Tax Assessment Act 1997)
    Your taxable income is above the maximum threshold to qualify for support. Based on the information provided you cannot apply to any of the schemes
  21. Are you buying or building a new home?

Provided that you meet the full list of eligibility criteria, you can apply for:

  • Family Home Guarantee

Provided that you meet the full list of eligibility criteria, you can apply for:

  • Family Home Guarantee
  • New Home Guarantee
  • First Home Loan Deposit Scheme

Provided that you meet the full list of eligibility criteria, you can apply for:

  • Family Home Guarantee
  • First Home Loan Deposit Scheme

Provided that you meet the full list of eligibility criteria, you can apply for:

  • New Home Guarantee
  • First Home Loan Deposit Scheme

Provided that you meet the full list of eligibility criteria, you can apply for:

  • First Home Loan Deposit Scheme

Provided that you meet the full list of eligibility criteria, you can apply for:

  • New Home Guarantee
  • First Home Loan Deposit Scheme

Provided that you meet the full list of eligibility criteria, you can apply for:

  • First Home Loan Deposit Scheme