Have a question?
We're here to help.
Contact Us →

Quick Answer

A NZ mortgage repayment depends on the loan amount, interest rate, and term. On a $600,000 loan at 6.5% over 30 years, principal & interest repayments are approximately $3,792/month. Owner-occupiers need at least a 20% deposit (LVR ≤ 80%); investors need 35% (LVR ≤ 65%). Enter your loan details below to calculate monthly repayments, total interest paid, and compare principal & interest against interest-only.

Quick Presets

Loan details

Property Price
$
Deposit
$
Interest Rate
%
Loan Term
yrs
Repayment Type
Frequency
Loan to Value Ratio (LVR)
80% High LVR
Deposit $150,00020%
Loan Amount $600,00080%
Your Results Stress tested
Weekly Repayment
Principal & Interest
30 years 6.5% Weekly
Total Interest
Total Cost
Loan Amount
LVR
Rate Stress Test
6.5% (current)
baseline
7.5% (+1%)
8.5% (+2%)

NZ bank-aligned

Calculations use NZ lending standards and guidelines.

Private & secure

Your data stays private and is never shared.

Up to date

Live interest rates and policy updates.

Trusted by Kiwis

Used by homeowners, investors and professionals across NZ.

All results are general information only and do not constitute financial advice. Figures are estimates based on the details you enter — always do your own due diligence or speak to a licensed financial adviser before making decisions.

Keep reading
Getting a Mortgage in NZ
Plain-English guide to getting a mortgage in NZ. Deposit requirements, what lenders look at, fixed vs…
LVR Rules NZ
NZ LVR rules explained. How much deposit you need as an owner-occupier or investor, the new build…