How Much Deposit Do You Need To Buy A House In NZ?

Everything Mortgage

English - March 22, 2022 11:00 - 7 minutes - 4.98 MB
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Wondering how much money you actually need for a deposit on a house? Rupert Gough, CEO of Mortgage Lab talks you through the numbers.

"The amount of income varies vastly and is actually quite a hard number to nail down. The amount required varies from bank to bank and is also highly variable depending on your monthly expenses, how many children you have and your secondary debt - things like credit cards for instance..."

You can watch a video on the same subject here: https://youtu.be/CXSms3ZvzHo

If you are unsure where to start or have any questions, don't hesitate to contact the team at mortgagelab.co.nz/contact-us, we're here to help.

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