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New Zealand · NZD

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HomeCalc

Mortgage calculator for New Zealand

See what you pay each month, and how the payment moves when the rate changes.

No local legal figures for New Zealand

HomeCalc has no data on fees, taxes or lending limits in New Zealand. The loan maths and NZD formatting still work. Every fee starts at 0: enter your own, then check them with your lender or a local adviser.

Your loan

Example values: replace them with your own.

NZ$
NZ$
20% of the price · Loan NZ$536,000.00
years
240 months
Interest rates
%
months
%
Base rate plus margin, as your bank quotes it
Repayment method

The same payment every month within each rate period

Prepayment
NZ$
%
Default in month 24: 0% of the amount prepaid. Change it to match your loan contract.
After prepaying

Results

Monthly payment

NZ$3,687.08

New Zealand · NZD · Basic: fees entered by you

Highest payment
NZ$3,687.08
Total interest
NZ$348,897.39
Total paidPrincipal plus interest
NZ$884,897.39

Note

HomeCalc works out the loan and adds up the fees you enter. It provides no legal figures for New Zealand: no fees, taxes or lending limits. It is not financial, legal or tax advice. Before you decide, check every figure with your lender or a licensed adviser in New Zealand. This site never stores the numbers you enter; they live only in the page address.

The monthly rate is the annual rate spread evenly over the months; amounts are rounded to the smallest unit of NZD. Lenders in New Zealand may work out interest differently.

The link carries only the numbers you entered. The site keeps no copy of them.

Next: home-buying costs

Interest and principal by year

  • Interest
  • Principal
  • Monthly payment
Interest and principal by yearStacked bars for 20 years showing interest and principal paid each year, with a line for the monthly payment, starting at NZ$3,687.08. Exact figures are in the schedule table.Year 1: interest NZ$29,102.05, principal NZ$15,142.91Year 2: interest NZ$28,247.87, principal NZ$15,997.09Year 3: interest NZ$27,345.50, principal NZ$16,899.46Year 4: interest NZ$26,392.26, principal NZ$17,852.70Year 5: interest NZ$25,385.21, principal NZ$18,859.75Year 6: interest NZ$24,321.39, principal NZ$19,923.57Year 7: interest NZ$23,197.52, principal NZ$21,047.44Year 8: interest NZ$22,010.30, principal NZ$22,234.66Year 9: interest NZ$20,756.09, principal NZ$23,488.87Year 10: interest NZ$19,431.14, principal NZ$24,813.82Year 11: interest NZ$18,031.43, principal NZ$26,213.53Year 12: interest NZ$16,552.78, principal NZ$27,692.18Year 13: interest NZ$14,990.71, principal NZ$29,254.25Year 14: interest NZ$13,340.56, principal NZ$30,904.40Year 15: interest NZ$11,597.30, principal NZ$32,647.66Year 16: interest NZ$9,755.73, principal NZ$34,489.23Year 17: interest NZ$7,810.26, principal NZ$36,434.70Year 18: interest NZ$5,755.04, principal NZ$38,489.92Year 19: interest NZ$3,583.92, principal NZ$40,661.04Year 20: interest NZ$1,290.33, principal NZ$42,952.82per yearper month15,00030,00045,00060,0001,5003,0004,500Year 55Year 1010Year 1515Year 2020

Year

Show what happens if rates rise

If the floating rate rises

The promotional period stays the same; only the floating rate goes up.

Show yearly schedule

Yearly schedule

Scroll sideways to see the whole table