Home Loans | Argfinace

Home Loans

Planning to get a home loan?

Consult our advisors and allow us to do all the legwork for you

Zero fee, Zero obligation.


Buying a home is one of the most important decisions you’ll make in life. It can be exciting and daunting at the same time. We’re here to arm you with the right information and to help you make an informed decision.

Getting started

When & Why consult a mortgage broker

A mortgage broker is someone who shops around for a home loan that’s right for you. Whether you’re in the market for your first home or building a portfolio of investment properties, ARG Finance helps you navigate through the competitive and ever-changing mortgage landscape and finds the right loan for you. Mortgage brokers negotiate on your behalf, making the process as simple as possible, avoiding all pitfalls.

You can see us as your credit advisor at any stage in your financial journey. You might still be saving for your first home, wishing to use the equity in your current one, or wondering if you’re still getting the right deal with your existing lender. You can make an obligation-free appointment with us at a time and place that best suits you.

What happens during the meeting

We will ask about your financial circumstances and objectives to find out what’s important to you in a home loan. For example, flexibility might be important because you plan to start a family or you may want ready access to equity for a rental property or renovations. Whatever your plans, we will research the market and recommend the right home loan to suit your needs.

We pick the loan that works for you, not the lender.

Different types of loans

Standard variables loans

These are the most popular home loans in Australia. The interest rates vary as per the official rate set by the Reserve Bank of Australia and funding costs.

Fixed loan

In fixed loan, the repayments remain the same regardless of the changes in the interest rates for a certain period, usually during the first 1-5 years of the loan.

Split loan

The home loan amount is split into variable and fixed where the borrower can decide on the proportion of variable and fixed.

Interest only

Interest only
Here you repay only the interest on the amount borrowed usually for the first 1-5 years of the loan. Since, you’re not paying off the principal, your monthly repayments are lower. At the end of the interest-only period, you begin to pay off both the interest and the principal.

Line of credit

You can pay into and withdraw from your home loan every month, so long as you keep up the regular required repayments.


Introductory loans offer a discounted interest rate for the first 6-12 months, before the rate reverts to the usual variable interest rate.

Low doc

Popular with self-employed people, these loans require less documentation, but carry higher interest rates or require a larger deposits.

Typical loan features

Make sure you choose a loan with the features and benefits that are apt for you. At ARG Finance, we recommend home loans suited for your specific needs and also take care of all the documentation hassles.
When you’re ready, talk to your local mortgage broker to discuss the next steps.

Explaining the loan process

  • Find your property
  • Make an offer and sign a contract of sale
  • Pay a deposit
  • Appoint a conveyancer
  • Get the loan

Additionally, you can also arrange for a pre-approved loan.
Allow us to do all the legwork for you. Give us a call for an obligation-free assistance.

Checklist of loan documents


Frequently Asked Questions

Borrowing Power

Borrowing power depends on your net income (salary and income from various sources) and your net savings. It doesn’t matter what your finances have been in the past. What matters is if you’ll be able to pay off the loan in present and future.

We’re all unique when it comes to our finances and borrowing needs. Get an estimate on how much you could borrow with our Home Loan Quote in 30 seconds.

Borrowing Power Calculator

Or contact us today, we can help with calculations based on your circumstances.

Repayment Queries

If you’re wondering what your repayments would be, you can go to our Repayment Calculator for an estimate.

Loan Repayment Calculator

Most lenders offer flexible repayment options to suit your pay cycle. Aim for weekly or fortnightly repayments, instead of monthly, as you will make more payments in a year, which will save dollars and time off of your loan.

Deposit Queries

Usually, you need a deposit of 5–10% of the value of a property, which you pay when signing a Contract of Sale. Speak with us to discuss your options for a deposit. You may be able to borrow against the equity in your existing home or an investment property.

Additional Costs & Budget Planning

There are a number of additional costs involved when buying a property. To avoid any surprises, the list below sets out all of the usual costs:

Stamp Duty – Stamp duty rates vary between state and territory governments and also depend on the value of the property you buy. You may also have to pay stamp duty on the mortgage itself. To find out your total Stamp Duty charge, visit our Stamp Duty Calculator.

Legal/conveyancing fees – Generally around $1,000-1,500, these fees cover all the legal rigour around your property purchase, including title searches.

Building Inspection – This should be done by a qualified expert, such as a structural engineer, before you purchase the property. Your Contract of Sale would be subject to the building inspection, so if there are any structural problems you have the option to withdraw from the purchase without any significant financial penalties. A building inspection and report can cost up to $1,000, depending on the size of the property. Your conveyancer will usually arrange this inspection, and you will usually pay for it as part of their total invoice at settlement (in addition to the conveyancing fees).

Pest inspection – It is also carried out before purchase to ensure that the property is free of any pest problems, such as white ants. Just like Building Inspection, your Contract of Sale is subject to pest inspection as well and you can withdraw from the purchase without any significant financial penalties. Allow up to $500 depending on the size of the property. Your real estate agent or conveyancer may arrange this inspection, and you will usually pay for it as part of their total invoice at settlement (in addition to the conveyancing fees).

Lender costs – Most lenders charge establishment fees to help cover the costs of their own valuation as well as administration fees. You may estimate it to be around $600-800.

Moving costs

Mortgage Insurance costs – If you borrow more than 80% of the purchase price of the property, you’ll also need to pay Lender Mortgage Insurance. You may also choose to take out Mortgage Protection Insurance. If you buy a strata title, regular strata fees are payable.

Ongoing costs – You will need to include council and water rates along with regular loan repayments. It is important to also take out building insurance and contents insurance. Your lender will probably require a minimum sum insured for the building to cover the loan, but make sure you actually take out enough building insurance to cover what it would cost if you had to rebuild. Likewise, make sure you have enough contents cover should you need to replace everything, if the worst happens.

Home Loan Resources

It is never too early or too late to speak to a consultant

We’re not just your brokers. We are your credit advisors.

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