Thinking about a rental? See if the numbers stack up
Type in the address and the calculator does the heavy lifting, pre-filling the expenses and running the live rates we can access as advisers. You'll see the real impact on your cash flow in about a minute.
Rate by deposit size
Enter your details to see the picture.
Indicative only and not financial advice. Rates come from current bank rate cards we work with and are subject to change. Council rates, rent and insurance are estimates a manager or adviser confirms.
The low-equity margin above 80% LVR is a guide that an adviser confirms. Lending is subject to normal credit criteria. Simpler Mortgages is a registered financial service provider (FSP761131) and New Zealand mortgage adviser.
What happens next
Three simple steps, from a number on the screen to a pre-approval in hand.
Run your numbers
Put in a property and see the full picture in about a minute, the weekly cost, the yield, and where you could be in ten years.
Have a chat with Seb
A quick call to check it against your real situation, your income, your equity, and what the banks will actually lend.
Get set up
If it works, we sort your pre-approval so you're ready to move when the right place comes up.
Meet Seb, the adviser behind the numbers
Director and Principal Mortgage Adviser
Seb set up Simpler after a decade inside the banks. He knows how they price, how they assess investors, and where the room to move is. When you book a call, you talk to him, not a call centre.
The things people ask first
Whether it's your first rental or your fifth, these come up most.
On the right deal, lending up to 85% is possible, though it depends on your situation and the property. Above 80% a low-equity margin usually applies. The call is where we confirm what you'd qualify for.
Yes. We work out how far your lending can stretch across the banks and which one gives you the most room.
Plenty of rentals run at a small weekly shortfall early on, and that's normal. The calculator shows you that number up front, and on the call we look at how a bigger deposit, the loan structure, or going interest only changes it.
They're a solid indicative guide using live bank rates and sensible estimates. Your actual figures depend on the property and your situation, which we confirm on the call.
Ready to talk it through?
The calculator gives you a realistic picture. The next step is a quick, no-pressure chat with Seb, our principal adviser. He'll confirm what you could actually borrow, the deposit you'd need, and whether the numbers work, using your real situation and live bank pricing. There's no commitment at any step, you only go ahead if the numbers stack up for you.
Indicative only and not financial advice. Figures are an illustration and your actual numbers will differ. Rates come from current bank rate cards we work with and are subject to change. Lending is subject to normal credit criteria. Simpler Mortgages is a registered financial service provider (FSP761131) and New Zealand mortgage adviser.