Can you qualify?
See your indicative borrowing power and the price range you can realistically reach, and check whether a specific property is within comfortable reach. Built on the same servicing, debt-to-income, and deposit rules NZ lenders use.
About you
Debts & savings
A specific property (optional)
Higher income or less other debt would lift your ceiling fastest.
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Get your indicative pre-qualification range, and a Folio adviser can help you firm it up.
This is an indicative estimate of borrowing power and affordability based on the income, debts, deposit, and assumptions you entered, using general NZ lending rules (servicing tests, debt-to-income limits, and loan-to-value limits). It is not a lending offer, a mortgage pre-approval, or financial advice. Lenders apply their own criteria, rates, and income treatment, and your actual borrowing capacity will differ. Talk to a licensed mortgage adviser for a formal pre-qualification.
Indicative only. Real lenders assess principal-and-interest repayments, apply living-expense buffers, and treat rental and boarder income differently. Your actual approval will vary.
Borrowing power: questions
How much can I borrow for a property in New Zealand?
Lenders size your borrowing on your income and expenses (serviceability at a stress-tested interest rate), your deposit, and debt-to-income limits. This calculator gives an indicative borrowing-power estimate on those general rules. It's a guide only. A licensed mortgage adviser or your bank confirms what you can actually borrow.
What deposit do I need to buy a rental property?
For an investment property, lenders generally look for a larger deposit than for an owner-occupied home. The exact figure depends on the lender, the property and current lending rules. Use the calculator for an indicative range, then confirm specifics with a licensed adviser.
What is debt-to-income (DTI) for a mortgage?
DTI compares your total borrowing to your gross income (e.g. total lending of 6× income). NZ lenders apply DTI limits alongside serviceability testing, which caps how much you can borrow relative to what you earn. The calculator factors this into its estimate.
Does this replace advice from a mortgage adviser?
No. This is a free general tool that estimates borrowing power from standard lending rules. It isn't financial advice and doesn't recommend a specific loan or lender. For your situation, talk to a licensed mortgage adviser or your bank.