First Home Buyer Readiness Quiz | MortgageWorks

First Home Buyer Quiz

Find Out If You're Actually Ready
to Buy Your First Home.

6 quick questions. Get a personalised readiness score and find out exactly what you qualify for — grants, schemes, the lot.

3,400+ Australians have taken this quiz

Take the Quiz — 2 Minutes → No sign-up required · Free · A specialist will call you

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FHBs Helped

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Lending Partners

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Google Rating

Cost to You

The Problem

Most first home buyers don't know where they actually stand.

They're Googling rates, comparing banks and stressing about deposits — without knowing if they're 3 months away or 3 years away from being ready. This quiz changes that. 6 questions. One clear score.

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Know Your Number

Get a clear readiness score out of 100 based on your real situation.

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Discover Your Grants

See every government grant and scheme you may be eligible for.

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Get a Clear Plan

A licensed specialist will call you with a step-by-step action plan.

Your Readiness Score

6 Questions. One Clear Score.

Just tap your answer — no typing required. Takes under 2 minutes.

Question 1 of 6

17%

Which state are you buying in?

This determines which grants and schemes you can access.

What's your target purchase price?

Pick the range that best fits the area you're looking in.

How much do you have saved for your deposit?

Include savings, any gifts from family, and FHSS funds.

When are you looking to buy?

Be honest — there's no wrong answer here.

Are you a first home buyer?

Neither you nor any co-buyer has previously owned residential property in Australia.

What's your employment situation?

This affects how lenders assess your borrowing capacity.

🏠 Your FHB Readiness Score

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Indicative only — based on the ranges you selected

📊 Your Deposit Position

Your savings (estimated)—

Target purchase price—

Minimum deposit needed (5%)—

Your deposit as % of purchase—

💡 Key Insights

🚀 Steps to Boost Your Readiness

🎁 Government Support You May Qualify For

Always verify current eligibility at housingaustralia.gov.au and your state revenue office.

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A Specialist Will Call You Shortly

Our team has received your details. A licensed mortgage specialist will call you to walk through your results in detail and map out your next steps — at no cost, no obligation, no pressure.

Common Questions

Answered Honestly.

No fluff. If something doesn't apply to your situation, we'll tell you.

The minimum is 5% of the purchase price for most loan products. However, with the Australian Government 5% Deposit Scheme (unlimited places as of October 2025), eligible first home buyers can buy with just 5% and avoid paying Lenders Mortgage Insurance (LMI). Below 5% is very difficult without a guarantor. Above 20% means no LMI at all.

The FHOG is a cash grant from your state government for eligible first home buyers purchasing a new build. Amounts vary: QLD & TAS $30,000, NSW & VIC $10,000, SA $15,000, WA & NT $10,000. ACT has no cash grant but offers a stamp duty concession instead. Your quiz result shows exactly what you may be eligible for based on your state.

Formerly called the First Home Guarantee, this federal scheme allows eligible first home buyers to purchase with as little as 5% deposit without paying Lenders Mortgage Insurance (LMI). As of October 2025, there are no income caps and no limit on annual places. Property price caps apply by state (e.g. NSW up to $1.5M, VIC up to $950k, QLD up to $1M). Apply through a participating lender — we can help you with this.

Yes — the First Home Super Saver Scheme (FHSS) allows you to withdraw up to $50,000 of voluntary super contributions to use as part of your deposit. The tax advantage means you save more, faster. This is something many first home buyers overlook.

Being self-employed doesn't disqualify you — most lenders require 2 full years of tax returns and financials. Some lenders offer low-doc or alternative income verification options. We work with lenders who understand self-employed borrowers. The key is finding the right lender for your specific situation — that's exactly what we do.

From getting pre-approved to settling on a property typically takes 3–6 months — the pre-approval itself usually takes 1–2 weeks. We'll get you pre-approved first so you know exactly what you can spend and you can move quickly when you find the right property.

Yes — 100% free to you. We're a licensed mortgage broker, which means we're paid by the lender when your loan settles — not by you. There are no consultation fees, no application fees, and no obligation to proceed at any point. If we can't help you, we'll tell you that too.

Real Results

First Home Buyers We've Helped.

★★★★★

"I thought I was at least two years away. After one call, I found out I could buy in 6 months. I just needed to redirect my savings and use the government guarantee. Settled on my first home 7 months later."

Emma R.

First Home Buyer — Brisbane

★★★★★

"Nobody had ever explained the grants to me properly. I got the $30,000 FHOG plus avoided LMI through the government scheme. That's nearly $50k I didn't know I had access to."

Daniel K.

First Home Buyer — Gold Coast

★★★★★

"I was self-employed and thought no bank would touch me. They found a lender who understood my situation, got me pre-approved, and I was in my own home within 4 months."

Priya M.

First Home Buyer — Melbourne

★★★★★

"The quiz told me exactly where I stood. The call afterwards mapped out everything I needed to do. Six months later I had the keys. Genuinely could not have done it without this team."

Josh & Amy T.

First Home Buyers — Perth

Get Started

Find Out Where You Actually Stand.

Take the 2-minute quiz. Get your score. A licensed specialist will call you with a clear plan — at no cost, no obligation.

Take the Quiz Now → No credit check · We call you · Licensed mortgage broker

Where Should We Send It?

Find Out If You're Actually Readyto Buy Your First Home.

Most first home buyers don't know where they actually stand.

6 Questions. One Clear Score.

📊 Your Deposit Position

💡 Key Insights

🚀 Steps to Boost Your Readiness

🎁 Government Support You May Qualify For

Answered Honestly.

First Home Buyers We've Helped.

Find Out Where You Actually Stand.

Find Out If You're Actually Ready
to Buy Your First Home.