[Alex]

I know I've seen this on here somewhere, but for the life of me I can't find the thread again...but mortgage rates in NZ - what income multipliers are used? Similar to the UK - i.e. 3x combined salary or ~4x single salary?

Thanks in advance,

[jubjub]

http://www.sorted.org.nz/mortgages.html heres a calculator, that will tell you how much you could borrow.

Current rates Kiwibank have a 7.35 rate for 3 years

ASB BankVariable Rate 9.00% p.a1 Year Fixed8.10% p.a2 Year Fixed7.85% p.a5 Year Fixed7.50% p.a

Wizard Home Loans

http://www.wizard.co.nz/homeloans/firsthome.aspx

Ours is with Kiwibank and was so easy to get set up.

[Moorf]

Here's info on working out how much you can borrow :)

http://www.sorted.org.nz/How-much-can-I-borrow.html