Repayment calculator
NZ$
Monthly repayment
NZ$2,933
NZ$535,865total interest
NZ$1,055,865total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit ≥ 5% | 6.94% | NZ$3,439 | NZ$717,912 | NZ$1,237,912 |
| Deposit ≥ 10% | 6.69% | NZ$3,352 | NZ$686,719 | NZ$1,206,719 |
| Deposit ≥ 15% | 5.94% | NZ$3,098 | NZ$595,148 | NZ$1,115,148 |
| Deposit ≥ 20%your tier | 5.44% | NZ$2,933 | NZ$535,865 | NZ$1,055,865 |
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% | 6.94% |
| Deposit ≥ 10% | 6.69% |
| Deposit ≥ 15% | 5.94% |
| Deposit ≥ 20% | 5.44% |
Higher deposit = lower LVR = better rate