Meet Nikil & Ankita
Client Profile
- Young professional couple
- Combined income: $145,000
- Looking in Auckland suburbs
- First-time home buyers
Initial Situation
- Pre-approved for only $650,000
- Offered 7.2% interest rate
- Required 20% deposit ($130,000)
- Limited property options
The Challenge They Faced
“We were devastated when our bank told us we could only borrow $650,000. With Auckland property prices, this severely limited our options. We had saved hard for our deposit, but the 20% requirement meant we needed $130,000 just to get started. The 7.2% interest rate they offered would have cost us a fortune over the life of the loan. We were starting to think homeownership was out of reach.”
– Nikil & Ankita, before working with PFSL
How PFSL Transformed Their Situation
(01)
Analysed their complete financial picture including income, expenses, savings, and future earning potential to maximise borrowing capacity.
(02)
Compared 15+ lenders to find the best rates and terms, then negotiated directly with decision-makers to secure premium pricing.
(03)
Leveraged First Home Grant, KiwiSaver withdrawal, and LMI waiver programs to minimise upfront costs and maximise purchasing power.
(04)
Managed the entire process from application to settlement, ensuring smooth approval and timely completion.
Before PFSL
- • $650,000 loan capacity
- • 7.2% interest rate
- • 20% deposit required
- • Limited property options
After PFSL
- • $750,000 loan capacity
- • 6.45% interest rate
- • 15% deposit required
- • Dream home achieved