Morning all, I'm looking into building a place in the near future have a few things I would like to see if anyone can clear up. We're doing a house and land package in VIC South East. 1. Is stamp duty calculated on just the value of the land or the total of the land and the house I will build on it? 2. I have savings of the value X in my bank account, this value is the 20% deposit I need to not pay mortgage insurance. But, to secure the land I need to give them a 5% deposit on it. This means that what is left in my account after it not quite the 20% of the loan value. What I want to know is if the deposit I put on the land count towards the my overal 20% loan deposit? 3. My fiancee and I are first home buyers and building. My understand is that we therefore quality for the First Home Owners Grant ($7,000) and the First Home Bonuse ($13,000) as out property will be less than $500k. Is this correct? That's about it. We've already seen the finance guy at at the builder and he was very confident we are well and truely in a position to buy now, but we are also having a independent financial advisor come out to us this week to talk it over with someone external. But I'm impatient and thuis posting the questions on here. Also, if anyone has built and knows of any other questions I should be asking, please post them up too. Thanks in advance.