The more you know, the more confident you can feel. Use our free calculators to estimate what you could borrow, check your deposit and plan your repayments before you talk to a bank.
Start with borrowing power, check your deposit, then plan your repayments. Buying a rental? The investment calculator is built for that.
Answer a few questions about your income, living costs and debts to estimate the loan size NZ banks may consider.
See your loan-to-value ratio and how your deposit compares with the Reserve Bank’s lending limits.
Work out weekly, fortnightly or monthly repayments, and see how extra payments change your loan term.
Model the cash flow, yield and equity growth of a rental property, including tax on rental income.
A few minutes with the numbers makes every later conversation with a bank or adviser easier.
Know your likely price range before you spend weekends at open homes, so you focus on properties that fit.
Repayments are only part of the picture. Seeing the total interest over the life of a loan shows what the term and rate really mean.
Change the rate, term, deposit or extra repayments and watch the result update, so you can compare options side by side.
Calculator results are a snapshot. These are the things that most often move the numbers.
Floating rates can change at any time. They often move when the Reserve Bank changes the Official Cash Rate (OCR), which it reviews several times a year. If part of your loan is floating, your repayments can go up or down with it.
A fixed rate stays the same until the term ends. After that, your loan moves to the rate on offer at the time, which may be higher or lower than the one you have now.
Borrowing more, changing your loan term, or a change in income or household costs can all affect what you repay and what a bank will lend.
A simple way to use the calculators is to run your numbers at today’s rate, then again at a rate 1–2% higher. Seeing both results helps you understand how much room your budget has.
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Calculators give you an estimate. A free chat with Sarah looks at your full situation and what lenders are offering right now.
Calculator results are estimates for general information only and are not financial advice or a loan offer.
