If You Have Saved A Lot - How Would You Deal With Purchasing Real Properties?

There are the few  buyers that have saved a lot of money and wonder how much deposit they should pay for the property.  

Well, this will depend on how your Pre-Approval Loan has been approved? That is, have you applied for 100% fully funded Home Loan or less? So, the general suggestion I have is whatever percentage of the  real estate home is funded and accepted, do it that way. The use your savings for  incidentals like moving in costs, household furniture (if needed), all your solicitors costs (paid in cash on settlement), immediately pay any stamp duty costs and any other necessary costs.

So for example, if a couple has saved $100,000 combined and after all above mentioned costs paid and  say they are left with $60,000, then  a suggested sum of $30,000 is directly deposited into the Home Loan - if the lending authority allows to do this. Then keep the left over balance of $30,000 remains keep it as a buffer, in case there are lifestyle changes that affect making repaying from combined  general income!

We will leave for you to decide!