Build Loan Calculator
This tool is designed to show how much mortgage repayments relate to build budgets and how much you need for your build project.
Start here
Repayments compared to Building
Move the repayment to see the loan it supports — then check that against what the build actually costs.
Your repayment
A fixed-rate loan, repaid in equal monthly instalments.
What you need to borrow
The loan amount that repayment fully pays off over the term, at that rate.
Build cost check
A few questions to see whether your borrowing power (plus any cash on hand) covers the build.
Get pre-approved
Once you have an idea if your repayments align with what you want to spend, the next step is to get your lending sorted and approved by the lender. Book a time with a adviser to start your approval process and find out the ins and outs of how banks looking at construction lending.
Find out how to improve your results
When we think of the cross over between our assets being greater than our liabilities, the key is to see the time that we gain. If we reduce our debt faster, we are buying ourselves time we can have in retiring earlier. Likewise when review our assets like Kiwisaver and make sure it aligns with our personal situation and goals, we can add years of additional funds to use when we retire.
Combining a review of both, your debt and your Kiwisaver is a powerful approach, give you years and additional funds from both ends will snow ball your retirement when done right.