Karen’s First Home Buyer Property Of The Month

Karen Renwick From Mortgage Link Presents Her “First Home Buyer Property of the Month”

Every month our FHBC advisor Karen Renwick will select a First Home Buyer Property and run the numbers to show how it could become your first home.

Could this be your new home? 

See The Property Details Here

Proudly presented for sale by  

Listed price $649,000 – 2/20 Kamara Road, Glen Eden, Auckland

Mortgage Link works closely with the First Home Buyers Club (FHBC) to help their members find solutions to their lending needs.  We have strong relationships with some great Real Estate Agents and I wanted to share with you my “First Home Buyer Property of the Month”, to give you real food for thought for your possible first home.  Could this 3-bedroom home be the one for you?*

With a list price of $649,000†, this is an example of how the purchase may breakdown for you….

Example deposit funds

KiwiSaver – applicant 1‡:  $31,000

KiwiSaver – applicant 2‡: $42,200

Savings: $56,600

Purchase

Purchase Price: $649,000

20% Deposit: $129,800

 80% Lending: $519,200

Indicative fortnightly repayments for $519,200 equals $1,241

^{Based on:30-year term, 4.69% 2-year fixed rate (interest rates subject to change)} 

^{‡Subject to KiwiSaver membership and eligibility.}

 ^{KiwiSaver deposit funds estimated example only, based on $50,000 + $70,000 incomes for 8 years, 3% + 4% contributions respectively}

^{Lending availability subject to client meeting lending criteria} 

^{† For existing homes where the purchase price is $600,000 or less, you may be eligible for a Home Start Grant to help towards your deposit funds.}

To enquire about the property, please call Rob on 021 840 015 or email him via the link on the website – tell him you are a FHBC client; he will be pleased to help you.

If this property doesn’t quite meet your needs, Rob will be able to help you, there are a number of similarly priced properties available.

Karen Renwick

Registered FHBC Mortgage Adviser

www.mortgagelinkalbany.co.nz

I would really like to help you achieve your goals.  For assistance with your lending and/or to secure a pre-approval, please email me at fhbc@mortgagelink.co.nz , or provide me with some of your information by completing our: Home Readiness Check and I will be in touch soon.

A disclosure statement is available on request and free of charge

* Please note: I provide mortgage structure and repayment advice, and not an opinion or recommendation about any property you are considering purchasing – you are responsible for and need to complete your own due diligence.