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How much deposit do I need to contribute when purchasing a residence?

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You must be able to demonstrate personal savings of at least 5% of the purchase price plus the statutory and legal costs associated with the purchase.
Personal savings such as savings accounts, term deposits, shares/equities or equity in other real estate are acceptable forms of contribution.
For a Well home loan you will also need to keep in mind that the maximum LVR that we can accept is 95%.

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