MapMy Mortgage

Your mortgage needs
a plan, not just
an approval.

Getting approved is step one. But without a clear strategy, most New Zealanders spend 25 years paying far more than they need to. We help you structure it right from day one — and pay it down with purpose.

$420k
Avg. total interest on a
$650k NZ mortgage
7–9yrs
Typical time saved with
a proper paydown plan
$96k
Avg. interest saved by
paying $200/wk extra
25yrs
Default term most people
never review
The Reality

On a $650,000 mortgage at 6.5%, over 25 years
you repay over $1,000,000 in total.

$650k
You borrowed
$420k
Interest paid over 25 years
at default pace
$175k
Saved with a planned
paydown strategy
What We Do

We cover both sides
of your mortgage journey

Getting in is one thing. Getting out debt-free — faster than the bank expects — is another. We plan both.

Phase One
Getting It Right
From the Start

Before you borrow, we make sure you're borrowing the right amount, on the right terms, with the right structure. Most people just take what the bank offers. We negotiate better.

How much should you actually borrow?
Fixed, floating, or split?
What term should you set?
Lender selection and negotiation
Repayment structure that fits your life
Protection to cover the mortgage if needed
Phase Two
Paying It Down
With Purpose

Most people make the minimum repayment and hope for the best. We build a clear paydown plan — showing exactly how extra contributions compound, when you'll own your home outright, and how to stay on track.

Annual mortgage review
Extra repayment strategy
Lump sum planning (bonuses, inheritance)
Rate rollover negotiation every fixed term
Equity milestones and leverage planning
Life change check-ins (income, family, job)
Mortgage Calculator

See the real cost
— and the savings

Run your own numbers. See what your mortgage actually costs you, and how much you save by paying more than the minimum.

Your Mortgage Details

Loan Amount
$
$100k$2m
Interest Rate
%
2%12%
Loan Term
years
5 yrs30 yrs
Extra weekly repayment — see the impact
$ per week extra
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Your Mortgage at a Glance

Based on principal & interest repayments

Weekly repayment (base)
Monthly repayment
Total repaid over term
Total interest paid
Interest as % of loan
Time saved with extra repayments
Interest saved
Paid off by
Loan Structure

Which structure is
right for you?

The rate is only part of it. How your mortgage is structured affects your flexibility, risk, and total cost as much as the rate itself.

Lower risk

Fixed Rate

Your interest rate is locked for a set period — usually 6 months to 5 years. Repayments are predictable and you're protected from rate rises.

Payment certainty
Protection from rate hikes
Less flexible — break fees apply
Most popular

Split Structure

Part of your mortgage is fixed, part is floating. You get the security of a fixed rate on the bulk, with flexibility on the floating portion for extra repayments.

Best of both worlds
Extra repayments on floating portion
Ideal for most homeowners
Most flexible

Floating Rate

Your rate moves with the market. If rates fall, so do your repayments. You can make extra repayments or pay off the loan anytime without penalty.

Unlimited extra repayments
No break fees
Repayments change with rates
The MapMy Mortgage Plan

What we build
with you

Not a generic approval. A personalised mortgage plan that gives you clarity on what you owe, what it costs, and how to get out of debt years faster.

01

Your borrowing capacity — honestly assessed

Not the maximum the bank will lend, but the right amount for your life. We factor in your income, goals, lifestyle, and buffer for rate changes.

02

A loan structure built around you

Fixed vs floating, split ratios, term length — structured around your cash flow, flexibility needs, and paydown goals. Not a default bank template.

03

A paydown timeline with clear milestones

We show you exactly when you'll own your home outright, and what you can do to pull that date forward. Real numbers, not just motivation.

04

An ongoing relationship — not a one-time deal

We review your mortgage at every rollover, check in when life changes, and make sure your plan stays on track as rates and circumstances shift.

05

Extra repayment strategy

We model the impact of paying $50, $100, or $200 extra per week and give you a concrete savings figure — so you can make an informed choice.

06

Protection aligned to your mortgage

If you can't work, your mortgage doesn't stop. We make sure you have the right income protection and life cover in place so your home is never at risk.

How It Works

From first conversation
to mortgage in place

01

Tell us your situation

Where are you in the process — pre-approval, just purchased, or existing homeowner? We tailor the approach based on where you are, not a script.

Free to start
02

We assess your full picture

Income, expenses, debts, assets, goals, and risk tolerance. We look at the full picture — not just what a lending scorecard sees — before making any recommendation.

One session — 45 mins
03

We build your mortgage plan

A written plan that covers your structure, term, recommended repayment level, paydown strategy, protection needs, and review schedule. Yours to keep.

Delivered within 48hrs
04

We arrange the mortgage and stay with you

We handle the lender application and settlement. Then we stay in touch — reviewing at every fixed-term rollover and checking in when life changes.

Ongoing relationship
FAQ

Home mortgage questions
answered

Your borrowing capacity is based on your income, existing debts, living expenses, and the size of your deposit. NZ banks apply a debt-to-income (DTI) ratio — typically lending up to 6x your gross income, though this varies. A mortgage adviser can give you an accurate figure quickly, and — more importantly — help you determine how much you should borrow, not just how much you can.

For most owner-occupiers, the minimum deposit is 20% (an 80% LVR). First home buyers can sometimes access lending at 10% deposit under the First Home Loan scheme. Investment properties generally require at least 35%. A larger deposit gives you access to better rates and avoids low-equity premiums that some lenders charge below 20%.

It depends on your situation and the rate environment. Fixed rates give you certainty — you know exactly what you'll pay for 1–5 years. Floating rates move with the OCR and give you flexibility to make extra repayments without penalty. Most advisers currently recommend a split structure: fix the majority for certainty, keep a portion floating to chip away faster. We model both options for your specific numbers before making a recommendation.

Our advice is free for most clients. We're paid a commission by the lender when your mortgage settles, so you don't pay us directly. This is standard practice for NZ mortgage advisers. There are no hidden fees — and because we're paid regardless of which lender you use, we're genuinely motivated to find the best fit, not the highest commission.

The most effective strategies are: (1) Pay more than the minimum — even an extra $100–$200 per week can save years and tens of thousands in interest. (2) Make lump sum payments when you have them — bonuses, tax refunds, inheritance. (3) Keep your repayments the same when rates drop — the extra goes straight to principal. (4) Review your rate at every rollover and don't accept the bank's first offer. We model all of these for you and show you the exact numbers.

An interest-only mortgage means your repayments only cover interest — you don't pay down the principal. This lowers your monthly payments but means your loan balance doesn't reduce. It makes sense in specific situations: investment properties where you're optimising for cash flow, or short-term bridging scenarios. For owner-occupiers, we generally recommend principal & interest from day one so you're actually building equity.

When your fixed term ends, your mortgage rolls onto a floating rate — which is usually higher. Your bank will send you a rollover offer, but it's rarely their best rate. This is your opportunity to negotiate or switch lenders. We review every rollover for our clients and ensure you're always on the most competitive terms available. If you're approaching a rollover, get in touch before your bank does.

Yes, but the process is different. Most lenders require 2 years of self-employment history and use your net income (after expenses) rather than gross. Some lenders are more flexible than others for self-employed borrowers, and non-bank lenders can be a strong option in some cases. The key is presenting your financials correctly — which is where an experienced adviser makes a real difference.

Start Here

Build your
mortgage plan.

Whether you're buying soon, just purchased, or already paying one down — we'll help you get structured, save interest, and reach debt-free faster.

Free — adviser paid by lender at settlement
Full mortgage plan delivered in 48hrs
We handle lender negotiation and application
Ongoing reviews at every rate rollover
MMFG Mortgage Enquiry
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