Your Details
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$
$
%
%
years
Estimated Breakdown
Deposit Required
$0
0% of property price
Loan Amount
$0
Monthly Payment
$0
Principal & Interest
Additional Costs
$0
Total Upfront
$0
Savings Gap
$0
You're on track!
Savings Strategy
Monthly Savings Required
To reach goal in 1 year:
$0/month
To reach goal in 2 years:
$0/month
To reach goal in 3 years:
$0/month
Available Support Options
First Home Loan
Lower deposit options available
KiwiSaver Withdrawal
Access your savings for first home
Family Assistance
Gifted deposits or guarantor options
First Home Buyer Guide
Step 1: Check Your Financial Position
- • Review your income and expenses
- • Check your credit history
- • Calculate realistic savings capacity
- • Consider job security and future prospects
Step 2: Understand Deposit Options
- • Standard deposits typically 10-20%
- • Lower deposit schemes may be available
- • Budget for legal fees, inspections, and moving costs
- • Consider ongoing costs like rates and insurance
Step 3: Explore Support Options
- • First Home Loan scheme for lower deposits
- • KiwiSaver withdrawal options
- • Family assistance possibilities
- • Speak with a mortgage adviser
Step 4: Get Pre-approved
- • Understand your borrowing capacity
- • Compare offers from multiple lenders
- • Consider using a mortgage broker
- • Get pre-approval before house hunting
This calculator provides estimates only. Actual loan terms, rates, and eligibility depend on individual circumstances and lender criteria. Speak with a qualified mortgage adviser for personalized advice.