Tips and tools for the first home buyer to help you plan, budget and save money. Use our mortgage repayments calculator to compare home loans, interest rates, terms and mortgage payments.
Now that you've decided to buy a house and have your deposit together, it's time to get pre-approved by the bank.
A home loan pre-approval is an acknowledgement from the bank that you can borrow an agreed amount, provided the property you purchase meets its home lending criteria and general terms and conditions.
Pre-approvals often come with conditions you need to satisfy in order to finalise your home loan. Some requirements include providing a registered valuation completed by an approved registered valuer using our panel valuation service and house insurance.
Having an ASB pre-approval upfront can help you get a lot of the hassle out of the way and provide you with reasonable certainty on what you can spend to help you narrow down your search.
You should note that ASB pre-approval letters of offer are valid for up to 90 days from the date of issue, unless specified for a shorter period or a specific property.
The first step on the property ladder is to be armed with the best advice before you start. ASB has all the tools for your dream home buying process.
Ways you could boost your savings to help you on your journey to first home ownership.
How to hunt for the right home and who to talk to while you're looking.
Handy information for the lead up to and process of buying your first home.