Before diving into financing options, you need to determine how much you can afford. Here’s what to consider:

Transportable homes typically have lower costs than traditional builds, but pricing varies based on size, design, and finishes. Be clear on the base price and any additional costs for upgrades or modifications.

Beyond the home itself, you’ll need to prepare the site. This includes:

• Land purchase (if you don’t already own it)
• Foundation and site preparation
• Utility connections (water, electricity, and sewerage)
• Driveways, landscaping, and fencing

Every location has different regulations. Factor in permit costs, council fees, and compliance requirements to ensure your home meets local standards.

Transporting your home to your site will involve specialist logistics; factor in transport and foundations.

Consider extras such as decks, garages, solar panels, or rainwater tanks. These can enhance your home’s functionality and sustainability but come with added costs.

Once you’ve set your budget, the next step is financing.

Not all banks offer lending options for transportable homes, especially if you don’t have equity in an existing property. However, Westpac provides a specialised lending solution that can, in some cases, be approved before your home leaves our yard, something that’s quite rare in the banking world. If you’re interested, we’d be happy to talk you through how this process works and what it could mean for your project.

Budgeting and financing aren’t just about getting into your home, they’re about sustaining it long-term. Be sure to account for:

• Ongoing utility costs
• Maintenance and repairs
• Insurance
• Future upgrades or expansions

At Exeter Homes, we make budgeting and financing simple by providing transparent pricing and guidance throughout the process. Whether you’re buying outright, securing a loan, or exploring other financing options, we’re here to help you every step of the way.

Contact us today to learn more about budgeting for your transportable home!