Borrowing Power Calculator
Find out how much you could borrow for a mortgage based on your income, expenses, and deposit.
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ℹ️New Zealand banks use a Debt-to-Income (DTI) ratio limit of 7 under the CCCFA. Your maximum borrowing is the lower of the DTI limit and what you can afford based on expenses.
Max property price$800,000
Max borrowing$700,000
Monthly repayment$4,424
LVR87.5%
Deposit %12.5%
💡Most NZ banks require a minimum 20% deposit. With less than 20%, you may need Lenders Mortgage Insurance or qualify for a Welcome Home Loan. Use our First Home Buyer calculator to check eligibility.
⚠️This is an estimate only. Actual borrowing capacity depends on your credit score, employment stability, and the bank's individual assessment criteria. Always get pre-approval from a bank or mortgage broker.