Finance partner

Building a home is a decision that will shape your years ahead. It is without doubt a major investment. You deserve to make that investment with confidence in your finance and a build price that does not change. Our finance process delivers exactly that.

Knowing you want to build is one thing. Knowing you can changes everything.

Financing your first home in Perth

Land in Perth is competitive right now, developers are releasing lots more carefully than they used to. That is exactly why our developer relationships matter. Where we have access, we move quickly, and government incentives like the First Home Owner Grant put WA’s property market within reach when you know how to use them.

The full picture is what matters: land, build costs, site works, stamp duty, and selections all shape the final number. Once you can see clearly how that aligns with your borrowing power, every decision that follows gets easier.

That is why every Select First build starts with financial clarity, before a single design decision is made, guided by our finance partner so you know exactly where you stand.

Check out wa.gov.au for the lastest information.

group of frends in kitchen

Four steps to finance

Other builders treat finance and design as separate conversations. Our process brings them together. You make better decisions when you know exactly what you can build before you fall in love with a design.

01 /4
STEP 1

Start the conversation

A discovery call is where everything begins. We take the time to understand your situation, your goals and the idea you are working towards. Everything that follows is shaped around you, not a template.

girls chatting in afresco
02 /4
STEP 2

Connect the numbers

We connect you with our finance partner, a Perth-based finance specialist. Together you map out your borrowing capacity, so you know exactly what you can afford to build before a single design decision is made.

couple in kitchen looking at phone
03 /4
STEP 3

Choose with confidence

With your financial position clear, we match you to a home design and land pairing that fits. You make every selection with full price transparency; one set final price, one clear contract.

couple looking at baby clothes in new nursary
04 /4
STEP 4

Build with ease

No paperwork to chase, no coordination to manage. Just the genuine excitement of watching your home take shape, exactly as you planned it.

single storey slab pour

Our Finance Process

Construction finance typically has more moving parts than a standard property purchase. Your broker needs to handle that complexity without passing it on to you.

Our Finance partner is a Perth-based mortgage broker specialising in new home construction lending. They bring the same approach to their work as we bring to ours: listen first, give clear advice, and make the process straightforward for the buyer.

Want to see how we build differently? Learn more about Select First

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Your Starting Point

Curious about what you’re working with? Try our calculator as a starting point. Then speak with our team to see how that translates to a home and land package in your preferred area of Perth.

Move With Purpose

Borrowing Capacity Calculator

Crunch the numbers and get an estimate of how much you could borrow for your home loan.

About You

Tell us about who's applying for the loan.

Children or financially dependent persons

0

3% APRA buffer added automatically

%
Your Income

Gross (before tax) annual income from all sources.

$ p.a.

Bonuses, overtime, commissions

$ p.a.

From investment properties

$ p.a.
Living Expenses

Your combined monthly household living costs.

Food, transport, utilities, insurance, childcare, entertainment, etc.

$ /month
⚠ Your expenses seem low. Lenders use the Household Expenditure Measure (HEM) as a minimum benchmark. We'll use the higher of your input or HEM in the calculation.
Existing Commitments

Current debts and credit facilities.

Combined limits, not balances

$

Monthly repayment amount

$ /mo

HECS-HELP, BNPL, etc. (monthly)

$ /mo

Monthly on other home loans

$ /mo
Estimated Borrowing Power
$0
Based on the details you've entered
Complete the steps and hit
Calculate to see your results.
Monthly Repayment$0
Your Interest Rate0%
Assessment Rate (+3%)0%
Loan Term30 yrs
Monthly Surplus$0
Monthly Income Breakdown
Expenses Liabilities Available
Disclaimer: This estimate does not constitute a loan offer. Actual borrowing capacity depends on lender assessment criteria including credit history and property valuation. A 3% APRA buffer has been applied. Calculations use simplified Australian tax brackets (2025–26), an 80% shading on non-salary income, and the Household Expenditure Measure as an expense floor. Speak with a Select First adviser for personalised guidance. Select First does not provide financial or investment advice.
Move With Purpose

Borrowing Capacity Calculator

Crunch the numbers and get an estimate of how much you could borrow for your home loan.

About You

Tell us about who's applying for the loan.

Children or financially dependent persons

0

3% APRA buffer added automatically

%
Your Income

Gross (before tax) annual income from all sources.

$ p.a.

Bonuses, overtime, commissions

$ p.a.

From investment properties

$ p.a.
Living Expenses

Your combined monthly household living costs.

Food, transport, utilities, insurance, childcare, entertainment, etc.

$ /month
⚠ Your expenses seem low. Lenders use the Household Expenditure Measure (HEM) as a minimum benchmark. We'll use the higher of your input or HEM in the calculation.
Existing Commitments

Current debts and credit facilities.

Combined limits, not balances

$

Monthly repayment amount

$ /mo

HECS-HELP, BNPL, etc. (monthly)

$ /mo

Monthly on other home loans

$ /mo
Estimated Borrowing Power
$0
Based on the details you've entered
Complete the steps and hit
Calculate to see your results.
Monthly Repayment$0
Your Interest Rate0%
Assessment Rate (+3%)0%
Loan Term30 yrs
Monthly Surplus$0
Monthly Income Breakdown
Expenses Liabilities Available
Disclaimer: This estimate does not constitute a loan offer. Actual borrowing capacity depends on lender assessment criteria including credit history and property valuation. A 3% APRA buffer has been applied. Calculations use simplified Australian tax brackets (2025–26), an 80% shading on non-salary income, and the Household Expenditure Measure as an expense floor. Speak with a Select First adviser for personalised guidance. Select First does not provide financial or investment advice.
Move With Purpose

Borrowing Capacity Calculator

See an estimate of how much you could borrow for your home loan.

About You

Tell us about who's applying for the loan.

Children or financially dependent persons

0

3% APRA buffer added automatically

%
Your Income

Gross (before tax) annual income from all sources.

$ p.a.

Bonuses, overtime, commissions

$ p.a.

From investment properties

$ p.a.
Living Expenses

Your combined monthly household living costs.

Food, transport, utilities, insurance, childcare, entertainment, etc.

$ /month
⚠ Your expenses seem low. Lenders use the Household Expenditure Measure (HEM) as a minimum benchmark. We'll use the higher of your input or HEM in the calculation.
Existing Commitments

Current debts and credit facilities.

Combined limits, not balances

$

Monthly repayment amount

$ /mo

HECS-HELP, BNPL, etc. (monthly)

$ /mo

Monthly on other home loans

$ /mo
Estimated Borrowing Power
$0
Based on the details you've entered
Complete the steps and hit
Calculate to see your results.
Monthly Repayment$0
Your Interest Rate0%
Assessment Rate (+3%)0%
Loan Term30 yrs
Monthly Surplus$0
Monthly Income Breakdown
Expenses Liabilities Available
Disclaimer: This estimate does not constitute a loan offer. Actual borrowing capacity depends on lender assessment criteria including credit history and property valuation. A 3% APRA buffer has been applied. Calculations use simplified Australian tax brackets (2025–26), an 80% shading on non-salary income, and the Household Expenditure Measure as an expense floor. Speak with a Select First adviser for personalised guidance. Select First does not provide financial or investment advice.
couple unpacking
6 metre single storey design
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Drone shot of a vacant block

Home building FAQs

Will I need pre-approval before choosing a design?

Yes, pre-approval is where your journey to a new home begins. At Select First, we’ll connect you with our trusted finance partner to get you pre-approved ahead of your Home Ready Experience, so you walk in knowing exactly what’s possible for your build.

What does a new build actually cost beyond the house price?

There are several factors that influence a full build price. Land, site costs, connection fees and stamp duty are some of the costs beyond that of the build itself. Select First offers a unique level of certainty about these costs. We walk you through full pricing details, and the price does not change once you have signed the contract.

Are there grants for first home buyers in WA?

Yes, WA has a First Home Owner Grant, 5% Government Deposit Scheme, stamp duty concessions and other initiatives available to eligible buyers. These can potentially save you thousands on your build if you qualify. Our finance partner can help to identify any and all government incentives that you are eligible for.

How long does construction financing take?

Pre-approval can take anywhere from several days to a couple of weeks. Getting your pre-approval in place means you can choose your home design and make selections that are completely aligned with your budget. There is no benefit to holding off on the pre-approval step. The earlier you start the process, the sooner handover could be.

6 metre kitchen

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