Your situation
Household figures if you're buying together. Rough is fine.
Household income (gross)
Deposit saved (cash)
KiwiSaver usable
First-home withdrawal — $1,000 has to stay behind, we've allowed for that.
Saving per month
Other debt repayments / month
Car, student loan, HP, credit cards — banks count all of it. Not rent: it's replaced by the mortgage, so it's already allowed for below.
Target purchase price
Bank servicing test rate (indicative)6.75%
Banks test you at a higher rate than you'll pay — indicatively around 6.75% as at 30 June 2026. Each bank's differs; an adviser knows today's.
Today's fixed rate (indicative)5.19%
Indicative carded rate as at 30 June 2026.
YOUR BUYING POSITION
Total deposit
$102k
incl. KiwiSaver
Max borrowing
$544k
capped by servicing at 6.75% test
Buying power
$646k
Against your $720k target: $74k short — the gap is the plan. A loan at that price runs about $1,564/fn at 5.19%.
Rent isn't asked for on purpose — when you buy, the rent you pay now is replaced by the mortgage, so banks don't count it against you. Your current rent is effectively what the repayment above steps into.
Deposit bracket at $720k
14.2%<10%
10–20
20%+ — sharpest rates
Doable, but low-equity margins apply. Another 28 months of saving reaches 20%.
Not there yet? Track the gap to keys with these numbers.Start my runway →What an adviser would check on top
- 01Pre-approval, bank by bank. Servicing tests and turnaround times differ — the right lender order can move your number meaningfully.
- 02KiwiSaver withdrawal timing. It takes weeks, not days, and has to be lined up before you go unconditional.
- 03The 5% deposit path. Your income looks inside the caps for a Kāinga Ora First Home Loan — worth pricing properly.
- 04Boosts banks accept. Boarder income, gifted deposits (with a gifting certificate), and clearing small debts before applying can all lift the number above.
Want a real number, not an estimate?
One licensed mortgage adviser in your region will call you — free, no obligation, paid by the bank if you proceed, never by you.
Your numbers stay on this page unless you choose this.Not a lender
We don't sell mortgages and we don't take commissions from banks. We connect you with one licensed adviser, once, with your consent.
Your data, your call
The calculator runs in your browser. Nothing is stored or sent until you explicitly ask for a callback.
One adviser, not five
Your enquiry is exclusive to a single adviser in your region — you'll never be ring-fenced by a call centre.