16/10/2026
Can mum and dad gift me money for my deposit?
Help from the Bank of Mum and Dad is one of the most common ways first home buyers pull a deposit together. It can get you over the line, and if it lifts your deposit to 20% or more, it could save you thousands in Low Equity Premium.
Swipe through for exactly what the bank needs to see, so the gift counts as equity and not debt.