First Home Buyers - June 24th How much deposit do you need to buy a house in NZ? Saving a deposit to buy a home can be a huge ask for aspiring home owners. But what size deposit do you need to save? Canstar explores how much you need to save to buy …
Home Loans - June 23rd Low deposit home loan: what are low equity premiums? At the end of last year, the Reserve Bank of New Zealand eased the LVR settings, making it easier to secure a low deposit loan. However, if you've only got a small deposit, it's likely …
Banking & Insurance - June 22nd How much do I need to earn to avoid mortgage stress? Mortgage stress is defined as having to spend over a third (33%) of pre-tax household income on mortgage repayments. This means that high-income households can meet the definition of being in mortgage stress, even though …
Home Loans - June 21st Can you use KiwiSaver to buy a house in Australia? Can you use your KiwiSaver to buy a house in Australia? The short answer is yes. But you will be restricted to a maximum of A$15,000. It's pretty straightforward to transfer your KiwiSaver to a compatible …
First Home Buyers - June 21st Is it cheaper to buy or build a house in NZ To buy or to build – it's a simple question, for sure. But, unfortunately, the answer is a little more complicated. So Canstar decided to delve a little deeper into the question and crunch the …
Home Loans - June 21st House rental prices New Zealand Finding a home to rent can be tough, and expensive. Competition can be fierce and the best homes get snapped up quickly. And if you're not familiar with a certain area, or if you're working …
First Home Buyers - June 20th Lowest construction loan interest rate deals Whether detached homes in greenfield subdivisions on the edge of town, or medium-density houses bunched on urban sections, new houses are popular choices for home buyers. However, if you're financing a new build, you need a …
Home Loans - June 18th Can you buy a house with no deposit? Can you get a home loan with no deposit? The good news is, yes, you probably can. However, for a lender to give you a mortgage with no deposit, you'll need somebody with pockets as …
Home Loans - June 18th Offset mortgage or a revolving credit account: which is better? What is an offset mortgage? An offset mortgage uses the money in your bank accounts to reduce the interest payments on your mortgage. If you have an offset mortgage, you're not charged interest on the full …
Home Loans - June 18th Paying mortgage weekly vs monthly: Which is better? How often can you make repayments on home loans? Many home loans have monthly repayments by default. But most lenders offer the option to make repayments weekly, fortnightly or monthly. However, if you use most mortgage calculators, …
