Can your home loan cover the cost of stamp duty so you dont have to pay it upfront?
My partner and i are looking at purchasing a unit for 215,000, in which the stamp duty would be approx. 10,000. There is no way we could afford this upfront, and would have to save for a couple of years to have that kind of money spare. Can our home loan cover the cost?
We live in s.a and so would not be exempt from stamp duty fees as first home buyers.
I have no idea why this question comes up under USA questions, but it does.
Most standard loans, if you put enough money down, you can roll taxes and fees into it. But you’ll have to ask your lender.
Stamp duty boost for first-time buyers
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