First-home buyers using government deposit scheme to pay thousands in extra interest

By Shane Wright
Updated May 18 2019 - 5:28pm, first published May 15 2019 - 6:50am

First-home buyers using the Coalition's controversial deposit scheme will pay tens of thousands of dollars in extra interest and face larger monthly repayments in a major windfall for some of Australia's largest banks and lenders.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Canberra news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.