![]() ![]() the cash flow) may provide a net gain or loss. When investing in a rental property, the amount of money coming in and going out (i.e. ROI, which stands for return on investment, is the probability of gaining a profit from the total money invested. You are solely responsible for determining whether any investment is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. This information is for educational purposes only. Nothing provided shall constitute financial, tax, legal, or accounting advice or individually tailored investment advice. Therefore this isn’t financial advice, nor is it a quote or an offer of finance from Kiwibank Limited.Disclaimer: The information presented is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. It doesn’t take into account your personal financial situation or goals. ![]() This calculator is intended to provide general information only and is based on the details you provide. Without this information, this calculator uses assumptions and allowances to estimate the amount you may be able to borrow. If you apply for a home loan, you’ll need to complete an application form, where you'll need to provide more detailed information. Please note the amount we can lend may differ from the results displayed. Affordability criteria – are based on the details you’ve provided.a cash deposit) and investment properties require a minimum of 35% equity. For owner occupied properties, typically you'll require a minimum of 20% equity in the property (e.g. Loan-to-value (LVR) restrictions change depending on the type of property you own.Your repayments are calculated on a ‘principal + interest basis’ for the loan term.You pay the minimum required, don’t make any additional lump sum payments or borrow more under the loan.You make all your repayments in full and on time.Realistically, this interest rate is likely to change over the loan term. *The interest rate selected remains the same for the loan term.This calculator doesn't take into account the additional costs associated with purchasing a property. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |