Category: Mortgage
Listing assets to get a mortgage approval…
Discover the key to securing a mortgage in New Zealand and many other countries by understanding what qualifies as assets and how to present them to y [...]
Ex not paying mortgage
Seeking guidance on managing mortgage payments and property division during a divorce? Get valuable tips in this informative article. [...]
Can I deduct tax against extended lending?
In New Zealand, extending a rental property mortgage may not directly reduce taxable income, while interest on loans for property improvements is typi [...]
Mortgage compared to others
Your mortgage, around 33% of post-tax income, is reasonable, but "normal" varies by location and income. Consider local housing costs, budget, long-te [...]
Home interest rate question
Discover the key factors that influence your decision between short-term and long-term home loans, including interest rates, monthly payments, and fi [...]
Financially inept
Investment property mortgage rates in New Zealand are typically higher, requiring a larger deposit. Rental income is taxed, but deductions are allowed [...]
Keep bigger mortgage payments or invest in rental property/sp500?
Focus on mortgage repayment with a 5.45% interest rate for financial security. Consider real estate's potential for diversification but be wary of res [...]
Should we buy a house or grow our business?
Make the complex decision of buying your first home while considering business growth and maintaining lifestyle in New Zealand. [...]
Mortgage refix options
Prioritize high-interest $150k loan for overpayment to reduce overall interest. Opt for an 18-month term for flexibility amid potential interest rate [...]
Forced to sell coastal property
Navigate the complexities of co-owning property post-relationship with expert insights. Explore legal and financial considerations, draft a robust co- [...]