Understand home loan rates and how much you can borrow with expert advice from Mortgage Field
At Mortgage Field, we know that choosing the right home loan is one of the most important financial decisions you’ll ever make, so we make it easy to understand the different types of home loans and help you find the best fit for your needs. One of our expert mortgage advisors will:
- assess your financial goals and risk tolerance
- explain each loan type in clear, simple terms
- highlight potential fees, repayment flexibility, and long-term impacts
- provide you with a range of options from different lenders
- help to negotiate your final loan arrangement
Our mortgage calculator takes the guesswork out of repayments, so you can plan with confidence.
Get in touch to discuss your options. We work with clients across Invercargill and Southland in person and across New Zealand online. Our team can also act as a lending broker for other loans including business loans and debt consolidation.
Discover the right home loan for your needs and enjoy greater control over your repayments
- We help you understand and choose the right home loan in New Zealand
- Use our mortgage calculator to estimate repayments and plan with confidence
- Get expert guidance on the different types of home loans available
Based in Invercargill, servicing Southland and New Zealand wide
Fixed Rate
Lock in your interest rate for a set period, providing stability in your repayments. This option is ideal if you want predictable payments and protection from interest rate increases. The rate normally varies depending on how long you are willing to lock in for.
Floating (Variable) Rate
Your interest rate moves with the market, offering flexibility but with the risk of rate increases. You can make extra repayments without penalties, which can help pay off your loan faster.
Split
Combine fixed and floating rates to balance security and flexibility. This option lets you enjoy the stability of fixed rates while taking advantage of potential interest rate drops with a floating portion.
Revolving Credit
A revolving credit mortgage functions like a large overdraft linked to your everyday bank account. Your salary and other income are paid directly into the account, reducing the loan balance and minimising interest costs. You can withdraw funds up to the loan limit when needed, offering maximum flexibility.