Natasha Palau would like to buy a house valued at $200,000 in Queensland. She is a 32-year-old

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Question:

Natasha Palau would like to buy a house valued at $200,000 in Queensland.

She is a 32-year-old Australian citizen. She is a single mum of a 6-year-old and have full custody of her child. She is a First Home Buyer. She has been a cleaner for 4 years as a permanent part time employee earning a base $39,000 per annum for Keep Bright Pty Ltd. Her estimated Living Expenses are $18,000 per annum and she don't have any liabilities. Her car is valued at $5,000 (Nissan Micra 2011) and she has some home contents valued $5,000. There is $22,190 in her superannuation fund. She has never had a loan, debt or credit card and pay everything in cash.

She is currently paying $250/week rent and I would not be able to face higher repayment.

She would really prefer to keep the fees and costs to the minimum possible (no stamp duty, no LMI, no package fee, no set up cost).

Question: What is the loan amount and genuine savings?

Funds Needed	Funds Available
Purchase Price	$ 200000	$Answer	Loan amount
Registration	$ 197.00	$ Answer	Genuine Savings
Transfer	$ 271.00	$0.00	Gift from parents
Stamp duty	$ 0	$0.00	Proceeds from assets sold
Legal fees	$2,000.00	$15,000.00	First Home Owner Grant
Lender set up cost & LMI	$ 0	$ 0.00	Other (specify)
Total	$ 202468	$ 202468	Total