What your result means
The result shows what percentage of the property value would be funded by the loan. A larger deposit reduces both the loan amount and LVR. It does not estimate repayments, interest or borrowing eligibility.
Mortgage tools · New Zealand
Mortgage LVR calculator NZ
LVR compares the loan amount with the property value. It is one part of a lending assessment and does not determine whether a lender will approve an application.
Last reviewed 19 August 2026 · Replace every default with a realistic scenario.
Your estimate
Loan-to-value ratio
80.0%
More equityHigher LVR
Estimated loan amount
$600,000
Estimate only: Mortgage results are planning estimates, not lender quotes, approval decisions or personalised financial advice. Actual repayments can differ because of lender methods, fees, rate changes and loan terms.
How the calculation works
Loan amount = property value − deposit. LVR (%) = loan amount ÷ property value × 100. The calculator applies these two steps directly to the values entered.
Example calculation
For a $750,000 property and a $150,000 deposit, the loan amount is $600,000. Dividing $600,000 by $750,000 and multiplying by 100 gives an 80% LVR.
What affects the result?
- Increasing the deposit lowers the loan amount and LVR.
- A different accepted property valuation changes the denominator and therefore the LVR.
- Purchase costs paid from savings can reduce the cash available for a deposit.
- Lender and Reserve Bank settings can change and are separate from the calculation itself.
New Zealand context and sources
The Reserve Bank of New Zealand uses LVR restrictions as a speed limit on categories of new bank lending. Its current high-LVR definitions differ for owner-occupiers and property investors, but they are not an approval promise: lenders still apply their own serviceability, debt-to-income, credit and property criteria.
Frequently asked questions
Does an 80% LVR guarantee approval?
No. LVR is one measure. Lenders also assess income, expenses, debts, credit history, the property and their current policies.
Are Reserve Bank restrictions the same as lender criteria?
No. Reserve Bank restrictions apply to categories of bank lending, while each lender still makes its own application decision.
Does this LVR calculator include purchase costs?
No. It subtracts only the deposit entered from the property value. Legal fees, reports, moving costs and other expenses need to be budgeted separately.
Which property value should I enter?
Use the value relevant to the scenario you are testing. A lender may rely on its accepted valuation rather than an asking price or your own estimate.
New Zealand mortgage guides
Review the calculation assumptions and current New Zealand lending context before comparing scenarios.