Plan Your Home Journey
Use our calculators to understand your budget, plan your savings, and make informed decisions about your first home purchase.
Pre-filling median house price for Auckland City: $1,050,000
How much could you borrow?
Let\'s figure out your budget together - now with partner income & debts
AI Insight: Getting you home ready
Most users like you find that a 10% deposit with a 2-year fixed term offers the best balance of safety and cost.
Banks factor in living costs for dependents when assessing your application
Include groceries, utilities, transport, insurance, and discretionary spending
20% deposit gets you the best rates. 10% is the minimum most lenders accept.
Your Results
$697,438
Based on your income and commitments
$3,377
at 4.75% interest
This price range is tough right now, but don't worry - we can help you plan!
Max You Could Borrow
$647,438
Your Deposit
7.2%
DTI Ratio
8.1x
Stress Test Rate
7.25%
Monthly Buffer
-$1,814
Living Allowance
$2,000/mo
- Deposit below 10% - you may need Lenders Mortgage Insurance (LMI) which adds to your costs.
- Your debt-to-income ratio exceeds the regulated 6.0x limit. You may not qualify for this amount.
- Your budget may be tight. Banks require a minimum surplus of $250/month after stress testing.
- Aim for at least 10% deposit to avoid LMI.
What should I do next?
- Explore suburbs that match your budget using our guides
- Check current mortgage rates and see how they affect your repayments
- Connect with a mortgage advisor to discuss your options
Important: These results are estimates only. This calculator is a guide and does not constitute financial advice. Refer to our FMA Disclosure for details on referrer exemptions.
Next Steps
Key Numbers for 2026
Need Professional Advice?
While our calculators provide strong estimates, every situation is unique. Connect with a certified 2026 mortgage specialist for a bespoke strategy.
Connect with AdvisorMore Resources
Learn more about the home buying process and how to prepare