Mortgage Repayment Calculator New Zealand

Use the mortgage calculator to calculate your mortgage payments after mortgage approval

When banks calculate what you can afford to borrow which is known as your borrowing power, they use additional criteria and an alternative interest rate known as a ‘test interest rate’.


Loan Amount:
Enter the loan amount you are considering.

Rate: Enter your expected interest rate.

Term: Enter the number of years you want your mortgage paid off.

Loan Type: Principal & Interest loans are structured so you repay both the interest and principal, reducing your loan balance. Interest-only loans only charge interest, so your mortgage balance remains static.

Payment Frequency:
We suggest to pay your mortgage fortnightly after Mortgage Approval, as more frequent repayments, reduce the total interest paid over the longer term.

Loan Term Calculator

Talk to an advisor today

Great advice matters. Let us help you with a free, no obligation review.

contact us