Feature article
Getting your money together: how much do you need?
Did you know you can buy a house with less than a 20% deposit?
1. A 5% deposit
2. A 10% deposit
3. A 30% deposit
Some complicated terms
Cash back
Loan-to-Value Ratios (LVRs)
Example 1: Buying a $675,000 house on your own
Example 2: Buying a $875,000 house with someone else
When do you need the deposit?
Buying a new build
Buying an existing home
Other things to consider when paying your deposit
Before going to auction, you should…
Make sure you leave a little money left over!
Financial Disclaimer
Author
Discover More
Property value NZ: Check your house value online
Get a better understanding of property value across New Zealand
‘It’s time for life and laughter to fill the bach again’: Architect’s retreat and boatshed listed 30 years on
This two-level bach at Maraetai Bay in Queen Charlotte Sound was designed by the late architect Jonty Rout.
Search
Other articles you might like
