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YOUR DEPOSIT SOLUTION

MADE SIMPLE

HOW IT WORKS

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HOW IT WORKS  —

MAKE THE DREAM OF OWNING 
YOUR OWN HOME A REALITY
WITH INTEREST-FREE DEPOSIT 

So simple, so fast, so easy.

Unlock your interest-free and fee-free deposit in 3 simple steps 

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HOW IT WORKS  —

STEP 1

Talk to the xDeposit specialist to confirm your eligibility and then choose The payment plan that is right for you and sign your agreement with xDeposit.

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HOW IT WORKS  —

STEP 2

Secure your dream. Home Buyers can now use the interest-free xDeposit to purchase the approved off-the-plan home.

HOW IT WORKS  —

STEP 3

Begin the agreed interest-free & fee-free Payment Plan. The first payment is 20% of the total. The remaining 80% is repaid over the agreed Payment Plan.

EASY TO APPLY

​Faster approval

NO CREDIT CHECK

No more credit checks

FLEXIBLE TERMS

Up to 24 months to pay

QUICK APPROVAL

3 business day approval guaranteed

NO INTEREST

Pay off deposit with interest free installments

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HOW IT WORKS  —

FREQUENTLY ASKED QUESTIONS 

  • How does xDeposit work?
    xDeposit represents a revolutionary path to purchase the off the plan property, through a structure that allows our customers to BUY NOW PAY LATER for their off the plan property. And it is FREE. xDeposit will pay the deposit for you today to exchange the sale contract and give you the flexibility to repay it later through monthly payment schedule (up to 24 months*). Again, it is FREE. *Depends on the project
  • What are my monthly payments?
    You will need to pay 20% before the sale contract for the Property exchanges for the first repayment, and then you pay equal amount monthly for the subsequent repayments within the terms agreed in the Agreement with xDeposit.
  • Are there any costs?
    As long as you repay the full amount within the terms agreed with xDeposit, there is no other costs.
  • Will xDeposit conduct credit check?
    No. The arrangements provided by xDeposit do not constitute a credit product under the National Credit Consumer Protection Act 2009 (Cth). While xDeposit will not conduct credit check, xDeposit have developed consumer policies based on that you might see from credit providers. If you do find yourself in financial hardship, please get in touch with us early, we are here to help you, and we want to ensure you are in the best position to become a homeowner.
  • What happens if I cannot make the repayment on time?
    A default fee applies for each repayment that is not made on time. If you are in default for more than 90 days, you may lose all repayments you have made, and the deposit for the Property is forfeited to the vendor.
  • Who is eligible for xDeposit?
    If you have a preferred property and you would like to increase your capability, you should apply. We will let you know within 24 hours if we think you are a good fit for xDeposit.
  • Is your preferred property eligible xDeposit?
    Please submit your inquiry and we can get back to you as soon as possible.
  • How do I apply?
    Fill out our application form in less than 2 minutes and we will handle it.
  • Is there any application fee?
    No.
  • What kind of documents/information are required?
    - Driver licence or passport - 3-month bank statements - Your employment details - Bank details for direct debit
  • Can I terminate the agreement before the term?
    Only if you repay the full amount and inform us 30 days in advance.
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GET IN TOUCH —

A home deposit has never been easier

Thanks for enquiring.We will get back to you shortly!

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