What can I afford?

Home Loan Qualifying Calculator

Your Details

Select Advisor

Name

Your Age

City

Income

Your annual income before tax

Partner's income before tax (Joint Applicants)

Annual Income

Outgoings (excluding your current loan or rent)

	Balance	Payments	Frequency
Hire Purchase Agreements
Student Loan(s)
Personal Loans
Child Support/Care
Other Loans

Monthly Outgoings

Credit Balances & Limits

	Balance	Limit(s)
Credit Card(s)
Overdraft(s)

Proposed Property Details

Have you selected a builder?

YesNo

Builder's Name

Sales Consultant's Name

Are you purchasing a "House and Land Turnkey Package"

YesNo

YES = A House and Land Turnkey requires a loan for a build only once it is completed. NO = a construction or progress payment loan is required at the beginning to secure the land and pay the builder during the build.

Purchase Price (land and build)

Details Of Your Proposed Construction

Have you located a section?

YesNo

Value/Budget of Land

Cost to Build

Cost of work you intend to do yourself

Existing Home

Do you currently own a house?

YesNo

Do you intend to keep this house throughout your new build or longer?

YesNo

Value of Existing Home(s)

Current existing loan balance

Current loan repayments amount

If rented - What would be the rental return on your current home?

Deposit

Your Cash Deposit (if any)

Include saved deposit, family gift, eligible kiwisaver (excluding First Homebuyer Grants), any expected sales proceeds of existing house you may be selling before building, and if you already own the section, include as deposit the difference between the land value and the land mortgage.

Other Loan Term

Interest Rate

Other Interest Rate

Comments

Leave this field blank

Please check your email to see your NewBuild Loan Qualifying Results.

Calculators

Interest Rates

As of 15 August, 2018

Floating	5.90%
6 Months	4.95%
1 Year	4.39%
18 Months	4.49%
2 Years	4.55%
3 Years	4.79%
4 Years	4.95%
5 Years	5.59%
Low Equity Margin (LEM) applies for loans with less than 20% deposit or equity. For new home loans: the rate above applies to all residentially secured Home Loans with a minimum 20% deposit/equity in the security property *i.e. an LVR of 80% or less. To learn more, check https://www.newbuild.co.nz/fin... For existing home loans: applies to all residentially secured Home Loans including refixes, rollovers and restructures with a minimum 20% equity in the security property* *i.e. an LVR of 80% or less. Low deposit loan interest rates differ and you should check Sovereign Home Loan Interest Rates.* No loan amount restrictions apply. Existing discounts do not apply to these special rates. All rates are indicative and may change without notice.