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Perfect choice for First Home Buyers

With low weekly mortgage repayments in addition to the 5% deposit* offer in August, LUMA is a perfect choice for first home buyers.

Eligible first home buyers who qualify for the State Governments First Home Owners Grant can purchase their first home with just a $27,450 deposit and low repayments of only $442 per week*!

Call Juan today on 03 8317 3725 to take advantage of this offer.

 

*This is an illustrative mortgage repayment amount only based on a purchase of Luma’s IKON home design for $549,000 and the applicant having a deposit of $27,450, obtaining a $511,550 loan and being eligible for the State Government's First Home Owners Grant (FHOG) of $10,000. The illustrative home loan repayment amount is based on principal and interest repayments over a loan term of 30 years with a variable interest rate of 2.09% p.a. (fees excluded) and a comparison rate of 3.77% p.a. Repayments are based on an annual figure then divided by 52 weeks. Speak to a participating bank about eligibility, applicable interest rates and fees and terms and conditions. Lending criteria applies. Visit www.sro.vic.gov.au/first-home-owner for further details and eligibility criteria regarding the FHOG. Applicants should seek independent financial and legal advice before making any decision. Fees and charges are estimates and should be confirmed by banks' formal letter of offer. The variable interest rate offered by your bank, and therefore your weekly repayments, will vary over the life of the loan. Oliver Hume Home Loans ABN 89 629 560 596. Credit Representative of BLSSA Pty Ltd ABN 69 117 651 760 (Credit Licence Number 391237). Credit Representative Number 514538. The information shown is current as at 04/08/2020

^Subject to availability.

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In the spirit of reconciliation, Development Victoria respectfully acknowledges the Traditional Custodians of the land on which Luma is being built and developed. We recognise their continuing cultural heritage and connection to land. We pay our respects to their Elders past and present.

Yinga Biik Birranga-ga (Sing land and Country), Steve Ulula Parker