For case of buying land, then building...
Stamp Duty is calculated based on purchase price. Say roughly $200k which will be roughly $6400 (in vic). If I have Stamp Duty offset against FHOG payment, that stamp duty can't be raised right? (example include building cost to the overall value).
Maybe I am confusing stamp duty for buy existing houses vs a new one but I hope someone can share their experience here
Thanks in advance. Logic tells me to defer paying stamp duty with offsetting it against the FHOG to save on interest etc.
Thanks for your help!