How Much Deposit Do First Home Buyers Need in Penrith?

Many first home buyers delay purchasing because they believe they need a massive deposit. In Penrith, that’s often not the case.

While a 20% deposit avoids lender’s mortgage insurance, many buyers enter the market with deposits as low as 5–10%, especially when combined with government assistance programs.

The key is understanding your options early and structuring your finances to maximise borrowing power.

At Freedom Finance Group, we help Penrith buyers explore deposit strategies, government schemes, and lender policies to get into the market sooner.

👉 Start your home buying journey here:
https://freedomfinancegroup.com.au/contact