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Mortgage Calculator

Free Mortgage Budget Calculator for New Zealanders

See your weekly, fortnightly or monthly mortgage repayments as a portion of your take-home pay, and check the standard 30% affordability guideline most banks use.

Your loan and income

$650,000
$
$50k$2M
6.50%
%
1%12%
30 years
years
5 yrs35 yrs
$6,500
$
$2k$20k
Mortgage as % of take-home
63%
above the 30% guideline

Based on a $650,000 loan at 6.50% over 30 years, against $6,500/month take-home pay.

Monthly repayment $4,108
30% guideline ceiling $1,950
Left for everything else $2,392

About our Budget Calculator

Disclaimer: This calculator is for information only and does not constitute financial advice. Real-world figures may differ due to fees, rounding, rate changes, and policy specifics. Always confirm figures with the relevant provider before signing anything.