Are you looking to purchase your first home, or are you looking to refinance your existing mortgage? Use our New Zealand home loan calculator to find out what your monthly, fortnightly or weekly repayments might be, or adjust your repayments and the loan term to see if you could be paying off your mortgage faster.
Using our calculator to find out what your weekly, bi-weekly or monthly mortgage repayments might look like is simple. Begin by adding the cost of the property you wish to purchase, and then the deposit you have available. Next add the interest rate for the home loan and then the loan term. Note that the standard term for a new home loan in New Zealand is 30 years. Finally, select whether you would like to see a weekly, bi-weekly or monthly breakdown of your mortgage costs, then click calculate.
Our mortgage repayment calculator provides an amortized breakdown of your mortgage costs. To see a detailed monthly breakdown of your mortgage principal, interest and balance over the lifetime of the loan, click the chart icon in the top-right corner above your indicated weekly, bi-weekly or monthly payment cost.
Once your done calculating what your home loan payments could look like, why not get in touch with one of our mortgage advisors for a no obligations discussion about your mortgage. All our mortgage advisors have over a decade of experience and specialise in connecting you with the right home loan to suit your specific financial goals. Best of all, our services are usually free, so why not get in touch with one of our friendly Auckland mortgage advisors today on 09 838 9994 today.
