Supporting you to create a lifestyle you love.

Whether rent is getting in the way of savings or you need to clear debt before you focus on a deposit, Financial Assist can help you feel better about money.

What is the Finance Assist Program?

At New Generation Homes, we want to help you build a home and start living the life you envision. That’s why we offer financial support tailored to your situation.

With in-house finance specialists, Westgate Financial Services*, we offer Finance Assist, a program to help you pay rent, save a deposit, clear debt or borrow from family.

How can we help?

Rent assist: Worried about paying a mortgage while you rent? We will pay your rent (or a portion of it) during the construction of your new home – $500 per week for 20 weeks (estimated time from Slab Down to Practical Completion).

Debt Assist: Do you need help paying off a debt? If so, we can help. We will arrange debt payment directly to the Creditor to help you qualify for a home loan so you can get into your new home faster.

Deposit Assist: Think you don’t have enough for a deposit? With our Deposit Assist Program, you might actually be ready to buy now. Chat with us to find out.

Family Assist: Thinking of borrowing from family but worried about paying them back? With Family Assist, we will help pay your family or friends back.

How much can
you borrow?

We understand the importance of securing the right financing for your new home. That's why we've created the ultimate tool to help you understand your borrowing power and make informed decisions about your home loan.

Frequently asked questions

What is a home loan?

The lender (bank) and borrower (you) will agree on a term in which the loan is to be paid back ‒ typically, this will be a period of 25 to 30 years. The lender and borrower will also agree on a repayment schedule, which will generally be fortnightly or monthly.

In addition to the total loan amount, you will be required to pay interest. The type of interest payable will be determined by the loan agreement. There are several types of interest rates, including fixed and variable. We explain this in further detail below.

Finance guidance
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