MortgageCalc Logo
MortgageCalc
🌍 Country Calculators
🇺🇸 United States🇬🇧 United Kingdom🇨🇦 Canada🇦🇺 Australia🇳🇿 New Zealand🇸🇬 Singapore🇰🇷 South Korea🇦🇪 UAE🇳🇴 Norway🇸🇪 Sweden🇩🇰 Denmark🇮🇱 Israel🇮🇸 Iceland🇪🇺 Eurozone🇯🇵 Japan🇨🇭 Switzerland🇮🇳 India🇸🇦 Saudi Arabia🇨🇳 China

New-zealand Mortgage Calculator

Calculate your US mortgage payments, compare loan options, and determine what you can afford in the New-zealand

Loan Details
Enter your mortgage information to get accurate calculations

$300,000

20.0% of home price ($60,000)

Additional Costs
Monthly expenses beyond mortgage

$3,000

$1,200

Required if down payment < 20% ($0)

$0

Extra Payments
Pay off your mortgage faster

Monthly Payment

$1,517

Principal & Interest

Total Monthly

$1,867

Including all costs

Total Interest

$306,107

Over life of loan

Total Cost

$546,107

Principal + Interest

Payment Breakdown

Total Cost

$546,107
Over 30 years

Principal

$240,000
43.9% of total

Interest

$306,107
56.1% of total

Payment Breakdown

Principal43.9%
$240,000
Interest56.1%
$306,107
Interest vs Principal Ratio
You'll pay 56% in interest
That's $66,107 more than the original loan amount
Amortization Schedule
See how your loan balance decreases over time
YearPaymentPrincipalInterestBalance
1$1,517$217$1,300$239,783
1$1,517$230$1,287$237,317
2$1,517$246$1,271$234,455
3$1,517$262$1,255$231,401
4$1,517$280$1,237$228,143
5$1,517$298$1,219$224,666
6$1,517$318$1,199$220,957
7$1,517$340$1,177$216,999
8$1,517$362$1,155$212,776
9$1,517$387$1,130$208,270
10$1,517$413$1,104$203,463
11$1,517$440$1,077$198,333
12$1,517$470$1,047$192,860
13$1,517$501$1,016$187,021
14$1,517$535$982$180,790
15$1,517$571$946$174,142
16$1,517$609$908$167,049
17$1,517$650$867$159,481
18$1,517$693$824$151,405
19$1,517$740$777$142,790
20$1,517$789$728$133,597
21$1,517$842$675$123,788
22$1,517$898$619$113,323
23$1,517$958$559$102,156
24$1,517$1,023$494$90,242
25$1,517$1,091$426$77,530
26$1,517$1,164$353$63,967
27$1,517$1,242$275$49,495
28$1,517$1,325$192$34,054
29$1,517$1,414$103$17,579
30$1,517$1,509$8$0

New-zealand Mortgage Calculator Guide

Our comprehensive New-zealand mortgage calculator is designed specifically for the New-zealand housing market. Whether you're buying your first home in all cities, our calculator accounts for New-zealand-specific factors like property taxes, PMI, and local market conditions.

New-zealand Mortgage Features

FHA Loan Support:Calculate FHA loans with 3.5% down payment and mortgage insurance.
VA Loan Calculator:Calculate VA loans with 0% down payment for eligible veterans.
Conventional Loans:Support for 30-year and 15-year conventional mortgages.
Property Tax Integration:Automatic property tax calculations based on state averages.
PMI Calculations:Private mortgage insurance for down payments under 20%.
Home Insurance:Average homeowner's insurance costs by state.

New-zealand Mortgage Market Overview

The New-zealand mortgage market offers various loan types including conventional, FHA, VA, and USDA loans. Current mortgage rates vary by lender, credit score, and loan type. Our calculator helps you understand the true cost of homeownership including property taxes, insurance, and PMI to make informed decisions about your home purchase.