Free Property New Build Calculator for New Zealanders
New builds get a more generous LVR exemption from RBNZ rules: many banks lend up to 90% (or even more) on new builds vs the standard 80% on existing homes. Work out your numbers.
Land plus build
$400,000
$
$500,000
$
$25,000
$
$92,500
$
Loan needed
$832,500
at 90% LVR (within new-build exemption)
Based on $400,000 land plus $500,000 build with a $92,500 deposit.
Total project cost$925,000
LVR90%
Standard 20% deposit would be$185,000
Saving from new-build exemption$92,500
About our New Build 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.