u/Difficult_Ad9768

28 year old on 130k a year with no debts or dependents looking to buy an apartment around the $480k mark would be my first property purchase. Is this feasible not having the 20% deposit and will I be hit with LMI or will the government scheme work for an apartment and is this loan feasible? FYI my savings are more like $60k but I’d like to have about $7500 for some furniture and $7500 for moving and other building pest inspections transfer fees etc plus a few thousand left over. Thankyou.