Loan repayment calculator

Use this calculator to get a feel for what your mortgage repayments could look like before you talk to a lender. Enter the loan amount, the interest rate and the loan term, choose principal and interest or interest only, and pick how often you want to pay: weekly, fortnightly or monthly. You will see the repayment for each period, the total interest and the total cost of the loan. Interest only keeps repayments lower for a while, but it does not reduce what you owe.

A few things to keep in mind. The result assumes one interest rate for the whole term, and that rarely happens: many New Zealand home loans are fixed for one to three years at a time and then refixed at whatever rates are on offer (our guide to fixed, floating or split explains how to choose). It also leaves out fees, and it cannot tell you how much a lender will actually lend you. That depends on your income, expenses, deposit and each lender’s own rules.

The figures are a guide only, not personal advice. For a number you can rely on, talk to Andrew or Chris. We compare more than 20 lenders and can tell you what you could borrow and what it would really cost.

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Good advice is easier to judge by what happens next

    
 
 
       Posted on Google  
   
   Tarin Walker 
 
 
 
 Trustindex verifies that the original source of the review is Google. Andrew expertly navigated negotiations with our bank to secure a healthy retention contribution, which was a very welcome addition to our cashflow.
  
 
      Posted on Google  
   
   Cess 
 
 
 
 Trustindex verifies that the original source of the review is Google. Andrew was very great to work with. He is very approachable and responsive to all our questions. He's been very helpful in guiding us throughout our first home buying journey.
  
 
      Posted on Google  
   
   Charlene Pieterse 
 
 
 
 Trustindex verifies that the original source of the review is Google. Amazing service. Enough information was given, step by step guidance and updates on a regular basis. Thanks for the help.
  
 
      Posted on Google  
   
   Rebecca Budd 
 
 
 
 Trustindex verifies that the original source of the review is Google. My husband and I recently purchased our first home and Chris was our mortgage broker. Chris was excellent to deal with - very responsive and diligent. We'd highly recommend him to anyone else looking for a broker.
  
 
      Posted on Google  
   
   Rasika Jayabandu 
 
 
 
 Trustindex verifies that the original source of the review is Google. Hi Chris,

I wanted to take a moment to express our sincere appreciation for everything you’ve done for us throughout this entire journey. Navigating a construction mortgage can be overwhelming, but your guidance made every step feel manageable and clear.

What stood out the most was your consistency, always being reachable, always willing to explain the details, and always ensuring there were no delays. You didn’t just process paperwork; you walked alongside us, answered every question with patience, and made sure we felt confident from start to finish.

Your professionalism, dedication, and genuine care have made a lasting impression on us. We will gladly and confidently recommend your services to our friends and colleagues.

Warm regards,

Ruchira & Rasika
  
 
      Posted on Google  
   
   Aj Lubana 
 
 
 
 Trustindex verifies that the original source of the review is Google. Chris was fantastic to work with throughout our home loan process. The settlement went through seamlessly, exactly as he had prepared us for. He was always clear, proactive, and made every step easy to understand.
We really appreciated the ongoing support and guidance — especially the advice around managing my Revolving Home Loan to minimise interest. It’s reassuring knowing that when the loan comes up for renewal, Chris will be back in touch with updates and options.
What stood out most was how approachable and genuinely helpful he’s been. Any time we had a question, he was quick to respond and always happy to workshop ideas.
Highly recommend Chris for his professionalism, communication, and customer-first approach. An excellent experience from start to finish!
  
 
      Posted on Google  
   
   Charlotte Ykema 
 
 
 
 Trustindex verifies that the original source of the review is Google. Chris has been incredible throughout our whole journey of buying our first home. From answering our million questions to explaining the nitty gritty. We are so incredibly grateful for everything you have done for us in our journey and for making it absolutely stress free. Highly recommend Chris and his team !
  
 
      Posted on Google  
   
   Harriet Bilsby 
 
 
 
 Trustindex verifies that the original source of the review is Google. We have recently worked with Chris to organise our first home mortgage. Chris was very helpful and took us through the whole process. Chris was really onto it and the communication was great - very timely and clear. We'd recommend Chris and Mortgage market to anyone who is buying their first home.
  
 
      Posted on Google  
   
   Daragh Norman 
 
 
 
 Trustindex verifies that the original source of the review is Google. Great Communication from Chris and the team. They talked us through every step of the Mortgage process and they were even able to recommend great lawyers at a reasonable price
  
 
      Posted on Google  
   
   Arezoo Kahokehr 
 
 
 
 Trustindex verifies that the original source of the review is Google. Chris Lawrence is an excellent mortgage broker. He is hardworking and professional. He assisted us in rapidly obtaining financing for our property purchase for a deadline sale. He has excellent knowledge of the market and is well connected. We would recommend Chris to anyone looking for a mortgage broker.