A mortgage offer isn't the same as what you can really spend. Enter your savings and income to see the most you could pay, after the deposit, every buying cost and tax, and common lending limits. Free.
Costs on top of the price
NZ$3,250
Home to live in ·
What do you want to work out?
The most you could pay, from your savings and income, after the deposit, buying costs and usual lending limits.
You could buy a home up to about
Mortgage
NZ$1,122,000Deposit
NZ$251,750Buying costs
NZ$3,250Monthly repayment
NZ$6,161If rates rise 1%
NZ$6,872Savings used
NZ$255,000A rough guide from common lending limits in New Zealand (up to about 6 times income, at most 90% of the price, terms up to 30 years). Not a mortgage offer or advice: lenders look at your debts, spending, credit history and the home itself. Your home may be repossessed if you do not keep up repayments on your mortgage.
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Reach people working out the cost of buying in New ZealandFor lawyers, brokers, surveyors and agents serving New Zealand. Shown only on these pages, labelled as sponsored.Where are you buying?
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Questions
Lenders in New Zealand commonly lend up to about 6 times your household income before tax, if your spending and debts allow it.
Lenders usually lend up to about 90% of the price to people who live in New Zealand, so you need a deposit of at least 10%. On top of that, buying costs come to about 0.4% of the price. If you live abroad, many lenders lend at most 60%.
Home to live in: buying costs come to about NZ$2,200. All buying costs together come to about NZ$3,250, or 0.4% of the price. Change the price or buyer type above to see your own figure.
There's no extra tax, because New Zealand has no stamp duty. But most overseas buyers aren't allowed to buy existing homes.
You can buy: New Zealand citizens and residents, and Australian and Singaporean citizens, are allowed. If you sell within 2 years, the 'bright-line' rule can tax the gain on a home you didn't live in.
A New Zealand lawyer or licensed conveyancer. An IRD number (NZ tax number) for the land transfer tax statement.
We last updated the figures on 16 Oct 2026 and checked them against official sources on 16 Oct 2026. We check every country every week, and show a warning if a check is overdue.
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