Repayment calculator
NZ$
Monthly repayment
NZ$2,868
NZ$512,566total interest
NZ$1,032,566total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit ≥ 5% | 6.39% | NZ$3,249 | NZ$649,722 | NZ$1,169,722 |
| Deposit ≥ 10% | 6.09% | NZ$3,148 | NZ$613,213 | NZ$1,133,213 |
| Deposit ≥ 15% | 5.64% | NZ$2,998 | NZ$559,402 | NZ$1,079,402 |
| Deposit ≥ 20%your tier | 5.24% | NZ$2,868 | NZ$512,566 | NZ$1,032,566 |
| Deposit ≥ 25% | 4.89% | NZ$2,757 | NZ$472,383 | NZ$992,383 |
Estimate only. Assumes principal & interest, constant rate for full term.
Rates by deposit sizeLVR — Loan-to-Value Ratio
The percentage of the property value you're borrowing. A lower LVR means a bigger deposit and usually a better interest rate.
Example: Property NZ$800k, deposit NZ$160k → LVR = 80% (borrow 80%, own 20%).
| Deposit ≥ 5% | 6.39% |
| Deposit ≥ 10% | 6.09% |
| Deposit ≥ 15% | 5.64% |
| Deposit ≥ 20% | 5.24% |
| Deposit ≥ 25% | 4.89% |
Higher deposit = lower LVR = better rate