Does this guarantee a lower home-loan rate?

No. This is an initial enquiry to help surface the rate options that may be relevant to your circumstances. Rates, eligibility, terms, and lending decisions remain subject to lender assessment.

Do I need all of my documents before I start?

No. An approximate loan amount and a few details about your situation are enough to start. Any adviser who follows up can explain what further information may be useful.

Is this personal financial advice?

No. RateScout provides a general enquiry pathway only. Any personalised lending or financial advice should come from an appropriately qualified mortgage adviser after discussing your situation.

First Home Loan Rate Search NZ

FIRST-HOME REPAYMENT PLANNER

Turn a home price into a monthly plan.

Move the numbers to see how your price, deposit, interest rate, and loan term could shape an estimated principal-and-interest repayment.

USEFUL FIRST STEP

This is an illustrative repayment estimate, not a loan offer or lending decision. It excludes fees, insurance, rates, and other home-ownership costs.

YOUR FIRST-HOME SCENARIO

Build your starting point

NZD · Monthly

Home price

$NZD

Your deposit

$NZD

Interest rate

% p.a.

Remaining loan term

years

Scenario A extra monthly

$NZD

Scenario B extra monthly

$NZD

Optional: add a third extra-payment path for a broader comparison.

INTEREST-RATE STRESS TEST

See an illustrative repayment and balance path if the selected rate rose by 1% or 2%, with the same loan term and extra-payment amounts.

ESTIMATED REPAYMENT

For a 30-year loan at 6.25% $3,694/ month

Estimated loan amount $600,000

YOUR DEPOSIT SNAPSHOT20% of home price

$150,000 deposit · $729,949 estimated interest over the full term

EST. TOTAL PAID$1,329,949

Principal$600,000 · 45%

Interest$729,949 · 55%

Estimated principal and interest over the full term, before fees and other home-ownership costs.

EXTRA REPAYMENT COMPARISON

Compare two ways to move faster.

All scenarios use the same loan, 6.25% rate, and term. Adjust any extra amount to see the estimated difference.

Scenario B estimates $112,283 more interest saved and 4 years, 1 month more time saved than Scenario A.

SCENARIO A

$200 extra / month

Estimated loan term 26 years, 1 month

EST. INTEREST SAVED: $114,174
EST. TIME SAVED: 3 years, 11 months

SCENARIO B

$500 extra / month

Estimated loan term 22 years

EST. INTEREST SAVED: $226,456
EST. TIME SAVED: 8 years

Illustrative only. It assumes consistent extra repayments and no rate, fee, lender-policy, or loan-structure changes. Check your loan terms before making changes.

AMORTISATION TIMELINE

See the balance reduce over time.

Drag the timeline to compare the estimated balance remaining across your selected extra-payment scenarios at 6.25%.

A · $200/moB · $500/mo

View at year 10

Scenario A$472,202 remainingScenario B$422,365 remaining

Illustrative remaining balance. A stress test assumes the chosen higher rate applies across the remaining term and payments are recalculated to that same term; actual loan balances, rates, and lender terms can differ.

FIRST-HOME DEPOSIT PLANNER

Turn your saving habit into a clearer target.

Explore an illustrative deposit goal, see your current progress, and estimate how personal savings and possible KiwiSaver funds could work together.

USEFUL FIRST STEP

This is a general savings illustration, not financial advice. It does not confirm KiwiSaver withdrawal eligibility, access, grants, taxes, fees, investment returns, or lender policy.

YOUR DEPOSIT PATH

Set a goal that feels tangible

NZD · illustrative

Target home price

$NZD

Target deposit

Current savings

$NZD

Weekly savings

$NZD

Illustrative annual savings growth

% p.a.

OPTIONAL KIWISAVER VIEW

Include possible KiwiSaver funds

Enter only an amount you expect may be available for a first-home withdrawal. This tool does not check eligibility or calculate any required balance to leave behind.

Potential KiwiSaver amount

$NZD

Weekly KiwiSaver contribution

$NZD

Illustrative KiwiSaver growth

% p.a.

COMBINED DEPOSIT PROGRESS90%

$100,000 cash + $35,000 potential KiwiSaver toward a $150,000 target

STILL TO SAVE$15,000

ESTIMATED TIME TO TARGET7 months

EST. KIWISAVER AT TARGET$36,820

Estimate combines $500 personal savings and $60 KiwiSaver contribution per week with no growth assumption. It is not a promise of timing, eligibility, or withdrawal amount.