Income
The income a lender will count toward your repayments.
Built for New Zealand home buyers
How Much Can I Borrow for a Home Loan in New Zealand?
See your realistic borrowing power based on your income, deposit, debts, and living costs, before you attend your next open home.
- No credit check
- Takes ~4 mins
- Free to use
Indicative planning estimate. Bank approval requires a full lender assessment. See our Privacy Policy.
How it works
Three simple steps. No obligation.
01Tell us about your position
Income, deposit, debts and dependants. Around four minutes.
02We estimate your borrowing power
Affordability, commitments, deposit size and loan-to-value limits.
03Request an adviser review (optional)
A mortgage adviser can explain your estimate and next steps.
Why this is different
Why standard calculators fall short
Beyond salary multiples
Online calculators assume 5× income. Real lenders deduct car loans, student debt and credit limits.
Real bank test rates
We factor in the average servicing test rate of New Zealand's seven biggest banks, not today's promotional rate.
Deposit and LVR limits
Your deposit sets your loan-to-value cap and whether low-deposit rules apply.
The main factors
What affects how much you can borrow?
Regular spending
Everyday costs reduce the income left for repayments.
Debts and credit limits
Loans, cards and BNPL limits can cut your capacity.
Deposit size
Sets the loan you need and the price you can consider.
Affordability test
Lenders test repayments at a rate above today's.
See your number before your next open home.
Your borrowing power, and what's holding it down.
Common questions about borrowing for a home loan
Last reviewed: September 2026
How much can I borrow for a home loan in New Zealand?
It depends on your household income, regular spending, existing debts, credit limits and deposit. Lenders also test whether you could afford repayments at a rate higher than the one advertised today.
Is this borrowing check free?
Yes. The borrowing check is free to use.
Will checking affect my credit score?
No. This estimate does not require a credit enquiry. A credit check may happen later if you apply formally with a lender.
Is the result a guaranteed approval?
No. It is an indicative planning estimate. A lender must complete its own assessment before approving any loan.
What information do I need?
An overview of your household income, deposit, existing loans or credit limits, regular spending and dependants.
Can I use KiwiSaver for my first home?
You may be able to, if you meet the eligibility requirements. Check the current rules or speak with an adviser or your provider.
What if I am self-employed or a contractor?
You can still get an estimate. Lenders may ask for extra documents to confirm how consistent your income is.