Repayment calculator
NZ$
Monthly repayment
NZ$3,131
NZ$607,177total interest
NZ$1,127,177total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit ≥ 5% | 7.54% | NZ$3,650 | NZ$794,061 | NZ$1,314,061 |
| Deposit ≥ 10% | 7.29% | NZ$3,561 | NZ$762,117 | NZ$1,282,117 |
| Deposit ≥ 15% | 6.54% | NZ$3,300 | NZ$668,160 | NZ$1,188,160 |
| Deposit ≥ 20%your tier | 6.04% | NZ$3,131 | NZ$607,177 | NZ$1,127,177 |
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% | 7.54% |
| Deposit ≥ 10% | 7.29% |
| Deposit ≥ 15% | 6.54% |
| Deposit ≥ 20% | 6.04% |
Higher deposit = lower LVR = better rate