Haven Accountants and Financial Advisers

Mortgage Calculator

Mortgage Calculator

How much will my mortgage cost? How much can I afford? Find out by calculating your mortgage costs below.

loan amount
The amount you’re considering borrowing, or the outstanding balance on your current mortgage.
$
annual Interest Rate % p.a

See interest.co.nz for current mortgage rates.

Term length
The date the mortgage needs to be paid by.
years
Repayment Amount
Enter your current repayment, or try another amount to see the difference it makes.
$
Frequency
Whether you pay your loan off weekly, fortnightly or monthly.
Extra Repayment
An extra amount you pay in addition to your regular repayments. This will be calculated as if you made this payment today.
$
Calculate

Your results

How much you'll pay

Monthly Repayments
Interest
Total to pay
Total interest saved
Duration
You'll pay - The amount you borrow
TOP TIP

Making just the minimum payment allows a mortgage to run on for its entire term. Increase repayments to save interest and be mortgage free sooner.

This calculator provides an estimate/illustration only and is based on the accuracy of the limited financial information provided by you.