Conditional home loan approvals
Getting a conditional home loan approval (sometimes referred to as a pre-approval), means you not only know what you can afford but you can be ready to move quickly on the home you want.
About our conditional approvals
Free and no obligation
Applying for a conditional home loan approval is free and comes with no obligation.
If you request a call back, we'll contact you within two business days.
Valid for 60 or 90 days
Our Conditional Approval Certificates are valid for 60 days from the date of issue if your loan to value ratio (LVR) is over 80% and 90 days if your LVR is less than 80%.
You can get conditional approvals up to a certain amount or for a specific property.
July 2016 changes to loan-to-value ratio (LVR) restrictions
We have made changes to the current loan-to-value ratio (LVR) restrictions, following a proposal by the Reserve Bank of New Zealand in July 2016. These will impact new home loans for owner-occupiers and residential property investors.
Home loan calculators
How much can I borrow?
Work out how much you could borrow based on your current income and expenses.
What will my repayments be?
Finding out what your mortgage repayments will be, can help when budgeting for and choosing a home.
How fast can I pay off my home loan?
Work out how many years it will take to pay off your home loan, based on your weekly, fortnightly or monthly mortgage repayments.
What could I save with a TotalMoney home loan?
Find out how offsetting the balance of your transaction and savings accounts could save you interest and reduce the length of a TotalMoney home loan.
Less than 20% deposit?
You don’t always need to have a 20% deposit to get a home loan with us. However, loans with less than 20% equity are subject to the current Reserve Bank of New Zealand LVR restrictions and a low equity interest rate premium will apply.
Residential property investors
We’ll no longer approve loans for residential investment properties if you have less than 40% deposit unless the loan falls within an exemption to the restrictions. You should contact our Property Investment team to talk through your options.
Talk to an expert
All home loans are subject to our lending criteria (including minimum equity requirements), terms and fees. Interest rates are subject to change. An establishment fee of up to $400 may apply for personal lending (the fee may be different for non-personal lending). Not for business purposes.