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The Coalition’s First Home Loan Deposit Scheme could save first-home buyers years in accumulating a 20 per cent deposit. But it could also cost the buyer about $53,000. Crunching the numbers on a.

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The proposed $500 million scheme announced on Sunday will see eligible first-home buyers, with at least a 5 per cent deposit for a home, qualify for a loan. They’ll also save. Domain economist.

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