Debt & loans

With costs creeping up and inflation affecting us all, it’s easy to see how we might end up borrowing to make ends meet. Payday loans, credit cards, and especially Buy Now, Pay Later apps like Afterpay, Laybuy or Zip can spiral out of control though. We need to find better alternatives to get better results! If you find yourself going into debt for everyday items, here are some ideas.

Saving for an emergency fund of $1,000 is a great place to start, and then tackle all high-interest debt you're carrying. When you pay down debt first, if an emergency pops up, you are forced to borrow more in a crisis. With an emergency fund, however, you can handle those unexpected events like a car repair or trip to the vet, without sliding further into debt. The goal is to get out of debt for good, so here's more on starting your safety net. 

A typical limit with Buy Now, Pay Later is up to $1,500, and you can borrow with more than one company. But having too many of these going at one time is tricky to manage – it’s much easier and safer to have only one going at a time. If you must take out more than one of these, list them all and set a reminder in your phone when repayments are due. Here’s how to shop smarter when you’re using Buy Now, Pay Later options like Afterpay, Laybuy or Zip.

One of the most important things that mortgage lenders look at is how much income you have free in order to make loan repayments. With too much debt, a lot of your income is already committed to other loans, and there's only so much to go around. Even if you’re not using all of your credit limit, it’s important to know that the lender will assess you as if you have. They will also look at your credit history, and how well you’ve repaid other loans. In the end the lender may decide to lend you less, or nothing at all. Here's more on what to expect to borrow when you're buying a home. 

Aiming to be debt-free? It’s the high-interest debt that hurts most: payday loans, credit cards, store cards, car loans. That’s what we’re after first. When you have a number of loans on the go, there are a couple of strategies that help to take them down. The first is a "debt avalanche", where you list all your debts and target the highest-interest loan first (the most expensive). The second is a "debt snowball", where you work on repaying the smallest loan first. Find out which could work for you. And remember you’re not alone in this: help is at the ready. Reach out to the team at MoneyTalks, even anonymously, on 0800 345 123, help@moneytalks.co.nz or text 4029. 

Wrapping all our debts together and paying them off at once – ideally at a lower interest rate so we get out faster – can be helpful. But the key is to leave borrowing behind! Many times we've seen that consolidating debt into a single loan, while it seems like a good idea financially, in practice leads to more debt. Aim to close out your old credit cards and other ways of borrowing so you don’t end up racking them up again. Here's how to make debt consolidation work for you. 

If you have a bunch of debts on the go, focus on tackling one at a time. Which one’s first? There are two strategies: the first is to pay more towards your highest-interest debt – the one that costs the most – and make minimum repayments on the rest. That’s the cheapest and quickest way out. The second strategy is for when you need a little extra momentum and motivation: you pay off the smallest debt first for a satisfying quick win. Either way, when the first is done, funnel your extra money towards the next on your list. Rinse and repeat. Find out which strategy works for you. 

Taking on debt is risky, since in the future our situation may change and we might find it difficult to repay the loan. So if our circumstances did suddenly change, would it put us in real difficulty? If so, it's too much debt. Another sign is if you’re just keeping up with minimum payments, and the debt doesn’t ever seem to be going down. A lender has ways of protecting themselves when loans go bad, including default fees and interest rates, and even the ability to write it off and sell it. The only defence we borrowers have if something goes wrong is our own reserves. Here's one borrower's story.

Managing our borrowing well can increase our score. Credit reports record any missed payments (defaults) and how long they are overdue. They also can show how much we've borrowed and whether we've made regular repayments or not. Our credit history also shows how often we've applied for loans, and too many enquiries can push our scores down. You can get your credit report for free by requesting it – here's where to find out more. 

Yes. When you buy something using Buy Now, Pay Later options like Afterpay, Laybuy or Humm, you pay a small part straight away and the company pays the rest. You receive the item straight away. Then you pay the company back in instalments – typically three fortnightly repayments. This type of loan, if you make the repayments on time, is interest-free. But costs can add up if you miss a payment. Here's how to use Buy Now, Pay Later options. 

Because your student loan repayments are 12% of every dollar you earn above $20,020, that obviously affects how much money you have available to repay a mortgage. Having a student loan makes a mortgage less affordable and can affect mortgage applications. Here are other criteria that affect your ability to borrow.

What can help most is a budget, a buffer and a strategy. A budget is really just a plan for your spending – it’s a big help when you’re directing your money towards a goal like being debt-free. But even before you tackle your debt, it helps to still make the minimum repayments but then save an emergency fund of $1,000 first. That way you’re ready for the unexpected. Without a safety net, if something happens, you’d just have to run up your debt all over again. Finally, you can consider strategies for tackling debt, and debt consolidation: find out which will work best for you. 

After you are unable to repay a loan, debt collectors buy your debt from the original lender for cents on the dollar, and then have a go at harassing you into repaying. This can include phone calls at all hours and knocking on your door. We wouldn't wish it on anyone, but if you do get caught out with a debt collector, it helps to have someone in your corner. The team at MoneyTalks is worth reaching out to in order to give you the support you need. 

Buy Now, Pay Later is a kind of debt. It is a way of borrowing without interest or fees (the seller covers these costs), as long as you use it right. Most maximum limits on Buy Now, Pay Later run from $1,000 to $1,500. But Humm's "Big Things" loans are a bit different and can go as high as $10,000, with the repayments spread out over as long as 24 months. Here’s how to shop smarter when you’re using Buy Now, Pay Later like Afterpay, Laybuy or Zip.

Because there is no interest adding up with student loans (if you’re not living overseas), the debt is not getting more expensive over time. So there's less rush to pay it off. (There are fees of $60 each year and you’ll need to pay back 12 cents of any dollar you earn above $390 a week.) Sure, it would certainly be better to finish it off and have more income. But moneywise, you could be better off using any extra money you have elsewhere, such as paying off a high-interest debt or investing for your future. Find out more about student loans. 

You can get ahead financially by taking out loans (for your education, starting a business, or buying a property), but generally debt is a drag – it slows us down moneywise. Basically what we are doing is spending our future money ahead of time by borrowing. And if our borrowing is for things that do not increase in value, or even lose value in time, they are a certain liability.  

If you run into trouble repaying, it’s good to contact your lender as soon as possible to discuss – you have the right to ask for new arrangements to repay. If you fall behind on repaying your loan, you can be charged penalties in the form of fees or a higher interest rate. Your late payments will be recorded against your credit score (which affects your ability to borrow more someday). If you can't repay your loan at all, and your lender gives up trying to get you to repay, they can sell your loan to a debt collector. Then they have a go at harassing you into repaying. We wouldn't wish it on anyone, but if you do get caught out, it helps to have someone in your corner. The team at MoneyTalks is worth reaching out to for support. 

When you’re deciding how quickly to pay off your student loan, remember that as long as you stay in the country, it’s interest-free. That makes it different from other loans that get more expensive the longer you have them. True, you do have annual fees and need to pay back 12 cents for every dollar you earn above $390 per week. But because there is no interest adding up, it's not getting more expensive over time and there's less rush to pay it off. It would certainly be better to finish it off and have more income. But moneywise, you could be better off using any extra money you have to pay down a credit card or invest for your future, for instance. Find out more about student loans. 

Repayments are typically scheduled in four or six payments each week or fortnight, depending on which company you’re using. Your first payment will be straight away when you get what you’re buying, and the rest of the repayments will be taken out automatically from your bank account or your credit card. Here’s how to shop smarter when you’re using pay-later options like Afterpay, Laybuy or Zip.

When you can’t make repayments, the best thing to do is talk to your lender as soon as possible to make arrangements. You might be surprised how willing they are to make things work with you and your loan. The quicker you get in touch, the better placed they are to help you deal with financial stress. After all, they deal with this sort of thing all the time. We also highly recommend you contact MoneyTalks, which runs a free helpline – you can easily chat online, call 0800 345 123 or text 4029 to find your way forward. 

Your credit score reflects your borrowing history, and lenders look at your score when they are deciding whether to lend to you or not. Managing your borrowing well can increase your score. Credit reports record any missed payments (defaults) and how long they are overdue. They can also show how much you’ve borrowed and whether you've made regular repayments or not. Your credit history shows how often you've applied for loans, and too many applications can push your score down. You can get your credit report for free by requesting it. 

If you miss a repayment because you don’t have enough funds in your bank account when the company goes to deduct your repayment, you are charged a penalty, usually $10. But if you keep missing payments, the penalties can go as high as 25% of the original price you paid. Missing repayments will also affect your credit rating. You’ll want to avoid this so you’ll have a good credit score and can borrow more in the future. If you find yourself unable to repay entirely, your debt will be referred to a collection agency. Here’s how to shop smarter when you’re using Buy Now, Pay Later like Afterpay, Laybuy or Zip.

Probably not, unfortunately. Credit card rewards programmes are designed to keep you putting things on plastic, and they rarely give you back any more than two cents for every dollar you spend. (We don’t expect loyalty programmes to save you that much more.) The majority of credit card users would benefit most by shopping around for the lowest-interest, no annual fee credit card and sticking with that. Here are our top tips for managing credit cards. 

It helps to focus on repaying one debt at a time while making the minimum repayment on the others. Trying to take them all on at once stretches them all out. When you have a number of loans on the go, there are a couple of strategies that help to take them down. The first is a "debt avalanche", where you list all your debts and target the highest-interest loan first (the most expensive). The second is a "debt snowball", where you work on repaying the smallest loan first. Find out which could work for you. 

KiwiSaver can’t be used to clear debt – sounds like what you did was withdraw from KiwiSaver to cover your expenses and keep food on the table (which is what a hardship application is for) and then used it on your debt instead. Ouch. The key is to change how you manage your money so you no longer need to depend on debt to make ends meet. This is admittedly hard to do, but with help and support, you've got this! We recommend reaching out to the great team over at MoneyTalks. They run a free helpline that can even be used anonymously at first if you like. You can easily chat online, call 0800 345 123 or text 4029 to find your way forward. 

It might not. It's really important to slow down any quick money decisions we're making, so that we make sure to avoid the pitfalls that debt can bring. You never want to sign anything you don't understand. If it's all gibberish and jargon, know that help is at the ready from the team at MoneyTalks. You can use their free helpline even anonymously if you like at first – chat online, call 0800 345 123 or text 4029 today to get started. 

Sometimes you may have to, but here's the thing: paying the minimum means you'll pay the maximum in interest! (Unless you default and miss repayments entirely, in which case it will get even more expensive.) So as a rule of thumb, you always want to pay more than just the minimum. For every dollar you pay above that, you are cutting down your interest costs and reshaping the debt in your favour. Aim to pay more than the minimum to get on top of your debt – you'll ditch it that much quicker! Here's our guide to getting out of debt fast. 

You might not realise how much your credit card interest and fees are holding you back. It’s important to try at least make the minimum payment to avoid being charged late fees on top of interest. But to really get on top of your debt, try to pay more than the minimum. If you find yourself not paying off your credit cards each month, find a low-interest card to help become debt-free faster.  Wouldn’t that feel amazing? Here’s our guide to credit cards. 

They’re looking to you for a regular stream of money for decades to come! That’s what allows them to turn a profit. To make sure you can keep that steady stream flowing as you repay your mortgage, they look at two things in particular. The first is how much of a deposit you have. That’s why KiwiSaver can be such a help with buying your first home – you’re allowed to withdraw funds to boost your deposit. The second is how much income you have available to handle those repayments. The more you have of both, the more likely they will throw money at you and get you into a property. 

First Home Loans are issued by selected banks and other lenders, and underwritten by Kāinga Ora. It means that you may only need to provide a 5% deposit instead of the normal 20%. For example, a house that is worth $500,000, you may only need to provide a deposit of $25,000 which can be made up of your KiwiSaver balance (less the $1000 you have to leave in your KiwiSaver account) and any savings you have.  

You need to meet the same criteria at the First Home Grant and meet the requirements for the regional house price cap. Here is the list of lenders that currently offer the First Home Loan. You can share these details or direct your participants to kaingaora.govt.nz/home-ownership/first-home-loan/. 

westpac.co.nz 
0800 177 277 

tsbbank.co.nz 
0800 231 232 

kiwibank.co.nz 
0800 272 278 

nzcuemployees.co.nz 
09 579 0448 

co-operativebank.co.nz 
0800 134 034 

sbsbank.co.nz 
0800 727 2265 

nzcubaywide.co.nz 
0800 BAYWIDE 
enquiries@nzcubaywide.co.nz 

nbs.co.nz 
0800 101 700 
nelson@nbs.co.nz 

nzhl.co.nz 
0800 332 837

If you currently live in a Kāinga Ora home, the Tenant Home Ownership grant is a gift of 10% of the purchase price of selected Kāinga Ora houses up to a maximum of $20,000. The Tenant Home Ownership grant is NOT available in areas where there is high demand for state houses. These areas include: 

• Auckland 
• Wellington City 
• Christchurch 
• Hamilton and 
• Tauranga 

Note that this is only available for the purchase of specific Kāinga Ora properties and cannot be applied to buy any other properties. If you are a tenant and want to apply for the Tenant Home Ownership grant you can complete the Tenant Home Ownership grant application form as part of your application to purchase the property you currently live in. Forms and further information can be found here: kaingaora.govt.nz/home-ownership/tenant-home-ownership/

The Kāinga Whenua Loan Scheme is an initiative between Kāinga Ora and Kiwibank to help Māori achieve home ownership on their multiple-owned land. The loans are available for both Māori land trusts, and individuals with a right to occupy their multiple-owned Māori land. The requirements and application process are different, so please select the option you are interested in to learn more. 

Kiwibank approves and provides the loan, and you will need to meet their standard lending criteria as well as the Kāinga Whenua criteria. Kāinga Ora provides lenders’ mortgage insurance for the loan. 

See kaingaora.govt.nz/home-ownership/kainga-whenua/ for further information. 

Shared Ownership is a programme that provides an opportunity for whānau and Housing Foundation to share the ownership of a property. You would buy a majority share of the property (usually 60% or more) making it more affordable for you than if you were to buy 100%. 

Housing Foundation would retain ownership of the remaining share of the property (e.g. 40%) and both you and Housing Foundation would be recorded on the property title as owners until you are able to buy them out. Most households are able to do this within 7–10 years. You will need a deposit (your savings plus KiwiSaver) and a mortgage for the balance of the purchase price to buy your share. This will all be explained to you in detail before you are asked to sign a Shared Ownership Agreement.  

You can find more information here about shared ownership and rent-to-own options at nzhf.org.  

I te āta pikinga o ngā utu, me te pānga o te tāmi ahumoni, he māmā te kite i te mahi mino e ūngutu ai tātou. Ka tere pōrangi ngā taurewa rā utu, ngā kāri taurewa, tae atu ki a Buy Now, Pay Later me ngā taupānga o Afterpay, Laybuy me Zip. Me rapu e tātou ētahi atu huarahi e puta ai he hua pai ake! Mēnā e taumahatia ana koe e te nama mō ngā taputapu o ia rā, anei ētahi whakaaro.

He tīmatanga pai te tahua ohotata o te $1,000, kātahi ka rutu i ngā taurewa huamoni teitei e kawea ana e koe. Ki te utu koe i ngā nama i te tuatahi, ina pupū mai he ohotata, ka mate koe ki te mino pūtea anō i te wā o te raru. Engari mā te tahua ohotata, ka taea te utu i aua mea ohorere, pēnei i te whakatika motokā, te tākuta kīrehe, me te kore e nui atu te noho nama. Ko te whāinga kē, ko te puta i te taurewa mō ake tonu, nā reira anei ētahi kōrero mō te tīmata i tō tahua ohotata.

Ko te tepenga pai o te Buy Now, Pay Later ko te $1,500, ā, ka taea te mino mai i ngā pakihi e rua pea. Engari he uaua te whakahaere mēnā he nui rawa ēnei i te wā kotahi - he māmā ake, he haumaru ake kia kotahi anake te kaupapa i te wā kotahi. Mēnā me rapu koe kia nui atu i te kotahi, whakarārangitia, ā, tāurua he whakamaharatanga ki tō waea ki te utu i ēnei. Anei he kōrero o te hoko atamai ake i te wā e whakamahi ana i ngā kaupapa Buy Now Pay Later, pēnei i a Afterpay, Laybuy, Zip rānei.

Ko tētahi o ngā mea nui ka tirohia e ngā kaituku mōkete ko te nui o te moni whiwhi e wātea ana hei utu i ngā utu mōkete. Ina nui rawa ō nama, kua pau kē ō moni whiwhi ki aua taurewa, ā, kei hea he moni hei utu mōkete. Ahakoa tō whakamahi i te tepenga taurewa katoa, he mea nui kia mōhio, ka arotakehia koe e te kaituku moni mō tēnei. Ka titiro hoki ki tō hītori taurewa, me te pai o tō utu i ngā taurewa o mua. I te mutunga iho, ka iti ake pea te moni ka tukuna ki a koe e te kaituku, ka kore rānei. Anei he kōrero o ngā manakohanga mino i te wā e hoko whare ana.

I te mea he rite te nama ki te ahi, ā, ka tere horapa, me rapu moni tāpiri koe ka whakamahi hei whakapoko ahi.  Me aro aua moni ki te nama kotahi, kia poko rā anō taua ahi.  Kātahi ka neke ki tētahi atu kia wātea katoa ai.  Ko tēhea nama hei kōwhiringa i te tuatahi?  Ko te ara wawe ko te aro ki te mea e teitei ana te pāpātanga huamoni, engari he nui te hunga ka tīmata i te nama iti rawa hei ānga i te tuatahi. Rapua i konei te mea pai ki a koe. Ka mahara ake e kore koe e noho mokemoke ana i tēnei take:  e wātea ana te āwhinatanga.  Toro atu ki te tīma i MoneyTalks, ahakoa muna, i 0800 345 123, help@moneytalks.co.nz, pātuhi rānei 4029.

He āwhina tonu te whakatōpū i ngā taurewa katoa me te utu ngātahi - ko te painga mēnā he iti ake te pāpānga - kia tere puta i te raruraru. Ko te mea nui ko te whakarere atu i te mahi mino! E hia ngā wā kua kitea te pikinga kē o ngā taurewa ahakoa te whakatōpūtanga taurewa, ahakoa he whakaaro pai i te tuatahi. Me whai ki te whakakore i ngā kāri taurewa tawhito, me ētahi atu kaupapa mino, kia kore anō e whakamahia. Anei he tohutohu o te whakamahi i te whakatōpū taurewa.

Mēnā he nui ō nama i te wā kotahi, me aro ki te whakakore i tētahi. Ko tēhea? E rua ngā rautaki: ko te tuatahi he whakaea i te nama huamoni nui - te mea nui te utu - ā, ka paku whakaea i ētahi atu. Koinā te huarahi ngāwari te utu, wawe hoki. Ko te tuarua, hei whakahihiko i a koe: me utu i te nama iti katoa, e koa ai koe. Ahakoa tēhea, kia ea te mea tuatahi, me ahu ō toenga moni ki tētahi atu i runga i te rārangi. Ka tōaitia anō. Rapua he kōrero ko tēhea te rautaki pai mōu.

He mōrearea te noho nama, i te mea kei rerekē te āhuatanga i te anamata, ā, ka uaua pea te utu i ngā taurewa. Nā, ki te huri ohorere ō āhuatanga, ka taumahatia koe? Mēnā, āe, he nui rawa tō noho nama. Ko tētahi atu tohu, mēnā he uaua tonu te utu i ngā utu mōkito rawa, ā, ko te āhua nei kāore te nama i te heke haere. Ka taea e te kaituku moni te tiaki i a ia ina kino te taurewa, tae atu ki ngā utu tāpiri me ngā pāpānga huamoni, ā, ka taea hoki e ia te hoko i tō nama. Engari ko te wawaonga anake a te kaimino ko ā tātou ake penapena moni tāpui. Anei tētahi kōrero kaimino.

Mā te whakahaere tika i ō tātou mino pūtea, ka piki pea te tūnga taurewa. Ka hopu ngā pūrongo taurewa i ngā utu mahue me te takaroa. ka whakaatu hoki i te nui o te mino, mēnā i auau te utu, kāore rānei. Ka whakaatu hoki te hītori taurewa i te nui o ngā tono pūtea taurewa, otirā mēnā he nui rawa ngā tono, ka heke te tūnga taurewa. He kore utu te tono i te pūrongo taurewa - anei te roanga o ngā kōrero.

Āe. Ina hoko tētahi mea mā ngā kōwhiringa Buy Now, Pay Later pēnei i a Afterpay, Laybuy, Humm rānei, ka utu i tētahi wāhanga ināianei, ā, mā te kamupene e utu te toenga. Ka tere whiwhi koe i te rawa. Kātahi ka harangotengote tō utu i te kamupene - e toru ngā utunga ia rua wiki. Ko tēnei momo taurewa, mēnā ka tika tō utu, kāore he huamoni. Engari ka piki ngā utu ki te mahue he utunga. Anei he kōrero mō te whakamahi i a Buy Now, Pay Later.

I te mea ko ō utunga taurewa ākonga he 12% o ia tāra ka whiwhi koe i tua o te $20,020, ka pāngia te nui o te moni ka wātea ki a koe ki te utu mōkete. Ka heke tō āhei ki te utu i te mōkete, ā, ka pāngia tō tono mōkete. Anei ētahi atu paearu ka pā ki tō āhei ki te mino.

Ko te āwhina nui ko te mahere pūtea, he pākai, me te rautaki. He mahere noa te mahere pūtea mō ō whakapaunga - he āwhina nui i a koe e ahu moni ana ki tētahi whāinga, pēnei i te noho nama-kore. Engari i mua o te rutu i ō nama, he āwhina tonu te utu mōkito i ō utunga, engari me whakarite tahua ohotata o te $1,000 i te tuatahi. Mā tēnei e rite ai koe mō tētahi mea ohorere. Ki te kore, ina pā he raru, ka piki anō tō noho nama. Ka taea hoki ētahi rautaki ki te whakakore nama, me te whakatōpū nama: rapua ko tēhea te mea tika mōu.

Ki te kore e taea e koe te whakaea i tētahi taurewa, ka hokona e ngā kaikohi nama tō nama mai i te kaituku, mō ētahi hēneti ki te tāra, ā, ka whakararu i a koe ki te whakea i te utu. Ka uru ki tēnei ngā waea i ngā hāora katoa, me te pātōtō ki tō kuaha. E kore e manakohia tēnei engari ina mau ana koe, he pai tonu kia rapu tautoko. He hua pea o te toro atu ki a Moneytalks ki te tautoko i a koe.

He rite te Buy Now, Pay Later ki te nama. He tikanga mino, engari kāore he huamoni, he utu rānei (mā te kaihoko e utu), engari me tika te whakamahi. Ko ngā tepenga mōrahi o ēnei ko $1,000 ki te $1,500. He āhua rerekē ngā taurewa "Big Things" a Humm, ā, ka piki pea ki te $10,000, ā, ka tuaritia ngā utunga i te pae roa, atu ki te 24 marama. Anei he kōrero kia atamai ake te hoko i a koe e whakamahi ana i te Buy Now, Pay Later, pēnei i a Afterpay, Laybuy me Zip.

I te mea kāore he huamoni e tāpiri ake ana ki tō pūtea taurewa ākonga (mēnā kāore koe i tāwāhi), e kore e piki te nama i te hekenga o te wā. Nō reira kaua e whāwhai ki te utu. (He utu o te $60 ia tau, ā, me whakahoki i te 12 hēneti o ia tāra ka whiwhi koe i tua o te $390 i te wiki.) He pai kia tere utua kia nui ō moni whiwhi, engari he pai ake te whakamahi i aua moni i wāhi kē atu pēnei i te utu i ngā nama teitei te huamoni, te haumi rānei mō te anamata. Rapua he kōrero mō ngā pūtea taurewa ākonga.

Ka taea e koe te ahu whakamua mā ngā pūtea taurewa (mō te mātauranga, te tīmata pakihi, te hoko whare), engari i te nuinga o te wā, he taumahatanga te noho nama - ka whakapōturi i a tātou ki te taha moni. Ko tāu mahi, he whakapau i ō moni anamata i mua o te whiwhinga, mā te mino. Mēnā kei te mino mō ētahi mea kāore nei te uara i te piki, he momo pūnama tērā.

I a koe e whakatau ana ki te whakaea wawe i te pūtea taurewa ākonga, kia mahara ake, kāore he huamoni ki te noho mai koe ki tēnei motu. He rerekē tēnei i ētahi atu taurewa, otirā ka piki haere ētahi i te roanga o te wā. He utu ā-tau iti ā te taurewa ākonga, ā, me whakahoki i te 12 hēneti o ia tāra ka whiwhi koe i tua o te $390 i te wiki. Engari i te korenga o te huamoni, kāore i te piki te taurewa, nō reira kaua e whāwhai ki te whakaea. He pai kia tere utua kia nui ō moni whiwhi, engari he pai ake te whakamahi i aua moni i wāhi kē atu pēnei i te utu i te kāri taurewa, te haumi rānei mō te anamata. Rapua he kōrero mō ngā pūtea taurewa ākonga.

Ina kāore e taea te utu nama, ko te mahi māu he kōrero wawe ki te kaituku ki te rapu whakaritenga hou. Ka ohorere pea koe ki tā rātou āhei ki te whiriwhiri tikanga hou mō tō taurewa. Kei te tere o tō whakapā atu, te painga atu ki te rapu āwhina ki te whakatau i tō taumaha ā-ahumoni. I te mutunga iho, he āhuatanga tēnei ka kitea e rātou i ngā wā katoa. E tino whakahau ana mātou kia whakapā atu koe ki a Moneytalks, he waea kore utu tā rātou - waea ki 0800 345 123, pātuhi rānei ki 4029 ki te rapu huarahi whakamua.

Ka whakaata tō tūnga taurewa i tō hītori mino, ā, ka tiro ngā kaituku pūtea ki tō tūnga i te wā e whakatau ana ki te tuku pūtea ki a koe, ka kore rānei. Mā te whakahaere tika i ō mino, ka piki tō tūnga taurewa. Ka hopu ngā pūrongo taurewa i ngā utu mahue me te takaroa. Ka whakaatu hoki i te nui o te mino, mēnā i auau te utu, kāore rānei. Ka whakaatu hoki te hītori taurewa i te nui o ngā tono pūtea taurewa, otirā mēnā he nui rawa ngā tono, ka heke te tūnga taurewa. He kore utu te tono i te pūrongo taurewa.

Ina mahue he utunga nā te kore pūtea i tō pēke i te wā ka tono te kamupene ki te tango moni i tō pūtea pēke, ka hāmenetia koe, āhua $10 pea. Engari ki te pēnā tonu, ka piki pea te hāmene ki te 25% o te utu taketake. Ka pāngia hoki tō tūnga taurewa ki te mahue he utunga. He pai tonu te kaupare i tēnei āhuatanga kia pai tonu tō tūnga taurewa, ā, kia pai ai te mino pūtea i te anamata. Mēnā kāore e taea e koe te utu i te katoa, ka tukuna pea tō nama ki tētahi tari kohi nama. Anei he kōrero o te hoko atamai ake i te wā e whakamahi ana i a Buy Now Pay Later.

Karekau pea. He mea hoahoa ngā hōtaka momoho kāri taurewa kia hoko rawa koe mā tō kāri, ā, e kore pea e neke atu i te 2 hēneti te whakahokinga ki a koe mō ia tāra ka pau. (E kore e matapaetia ngā hua neke atu i tēnei i ngā hōtaka momoho.) Ko te nuinga o ngā kaiwhakamahi kāri taurewa, he nui ake ngā hua o te tirotiro haere mō te pāpānga huamoni iti rawa, kāore he utu ā-tau, ā, ka mau ki tērā. Anei ngā huatau pai o te whakahaere kāri taurewa.

He āwhina te aro ki te whakaea i tētahi nama kotahi me te utu mōkito i ētahi atu. Ki te ngana ki te whakaea i te katoa, i te wā kotahi, ka tōroa ake. Mēnā he nui ō nama i te wā kotahi, tērā ētahi rautaki hei āwhina ki te whakaheke haere. Ko te mea tuatahi ko te "horo nama", otirā ka whakarārangi i ō nama katoa, ka aro ki te mea e teitei ana te huamoni i te tuatahi (te mea nui te utu). Ko te tuarua, ko te "poihuka nama", otirā ka utua te nama iti rawa i te tuatahi. Rapua ko tētahi o ēnei te mea pai mōu.

Kāore e taea te tango i te Kiwisaver ki te whakaea nama - ko te āhua nei i tango pūtea koe i te Kiwisaver hei utu i ō utunga me te uta kai ki te tēpu (otirā he tono rawakore tērā), ā, ka whakamahia kētia e koe ki te utu nama. Auē te mamae. Ko te mea nui inaianei ko te huri i ō tikanga whakahaere moni, kia kaua e whirinaki ki te nama kia noho ūngutu ai. He uaua tēnei, engari mā te tautoko ka taea e koe! E whakahau ana mātou kia toro atu ki te rōpū o MoneyTalks. He waea kore utu tā rātou, he kirimuna hoki. Ka taea te kōrero ā-tuihono, me waea ki 0800 345 123, pātuhi rānei ki 4029 ki te rapu i te ara whakamua.

E kore pea. He mea nui tonu ki a āta haere i te wā e whakatau ana i ngā take moni, kia kaua e taka ki te hīnaki o ngā kino o te noho nama. Kaua rawa e waitohu i tētahi mea kāore koe i te tino mārama ake. Mēnā he reo tauhou, he reo kē rānei, me mōhio koe e wātea ana ngā āwhinatanga i a MoneyTalks. He waea kore utu tā rātou, he kirimuna hoki. Ka taea te kōrero ā-tuihono, me waea ki 0800 345 123, pātuhi rānei ki 4029 i te rā nei, e tīmata ai koe.

He wā anō kāore he kōwhiringa kē atu, engari anei tētahi kōrero: ki te utu koe i te utu mōkito, ka mōrahi tō utu huamoni! (Māna ka mahue tētahi atu, katahi ka tino piki te utu.) Nō reira ko tētahi ture pai, me nui ake tō utu i te utu mōkito. Mō ia tāra ka utu koe i runga o te utu mōkito, kei te whakaheke koe i ngā utu huamoni, me te tārai haere i te nama. Me whai ki te utu i tētahi utunga nui ake i te utu mōkito kia pai ake ai te whakakore i tō nama - ka tino tere ake te whakakore! Anei tā mātou aratohu o te puta wawe i te hīnaki o te nama.

E kore pea koe e mōhio i te taumaha o te huamoni me ngā utu kāri taurewa i runga i a koe, e pēhi nei i a koe, kia kore ai e hoka.  Nā, whakawāteatia taua taumahatanga:  rapua he kāri huamoni-iti, ā, ka whakarite i tō whāinga kia aro atu ki te noho nama-kore i ngā marama me ngā tau e tū mai nei. Kei whea mai? Anei tā mātou aratohu mō ngā kāri taurewa.

E rapu ana rātou i te moni auau e kuhu mai ana mō ngā hia tau e tū mai nei!  Koirā te mea e āhei ana rātou ki te mahi moni.  E rite tonu ai te rere o āu moni i a koe e utu ana i tō mōkete, e rua ngā mea ka tirohia motuhaketia e rātou.  Ko te tuatahi ko te nui o tō moni kuhu.  Koirā i noho ai a KiwiSaver hei āwhina nui ki te hoko i tō kāinga tuatahi - ka āhei koe ki te tango moni hei hiki i tō moni kuhu.  Ko te tuarua ko te nui o te moni whiwhi e wātea ana ki a koe ki te whakahaere i aua utunga.  Ko te nui o aua mea e rua, ka nui ake pea tā rātou tuku moni ki a koe, e uru ai koe ki tētahi whare. 

E tukua ana ngā First Home Loan e ētahi pēke me ētahi atu kaituku moni, ā, e oatitia ana e Kāinga Ora. Ko te tikanga o tērā ka utu noa iho pea koe i te 5% moni kuhu kaua ko te 20%.  Hei tauira, ko te kāinga e $500,000 te uara, ka whakarato noa iho pea koe i te moni kuhu o te $25,000 ka taea i te tapeke o tō KiwiSaver (tangohia te $1000 me noho ki tō pūkete KiwiSaver) me ō pūtea penapena. 

Me tutuki i a koe ngā paearu ōrite ki te First Home Grant, me tutuki hoki ngā whakaritenga mō te poki Utu Whare ā-Rohe.  Anei te rārangi o ngā Kaituku moni e tuku ana i te First Home Loan i tēnei wā.  Ka taea e koe te toha i ēnei taipitopito, te tohu rānei i ō kaiwhakauru ki kaingaora.govt.nz/home-ownership/first-home-loan/ 

westpac.co.nz 
Waea Kore-utu: 0800 177 277 

tsbbank.co.nz 
Waea Kore-utu: 0800 231 232 

kiwibank.co.nz 
Waea Kore-utu: 0800 272 278 

nzcuemployees.co.nz 
Waea: 09 579 0448 

co-operativebank.co.nz 
Waea Kore-utu: 0800 134 034 

sbsbank.co.nz 
Waea Kore-utu: 0800 727 2265 

nzcubaywide.co.nz 
Waea Kore-utu: 0800 BAYWIDE 
Email: enquiries@nzcubaywide.co.nz 

nbs.co.nz 
Waea Kore-utu: 0800 101 700 
Email: nelson@nbs.co.nz 

nzhl.co.nz  
Waea Kore-utu: 0800 332 837

Mēnā e noho ana koe i tētahi whare Kāinga Ora i tēnei wā, he koha te takuhe Tenant Home Ownership o te 10% o te utu hoko o ētahi whare Kāinga ora, atu ki te mōrahi o te $20,000.  Kāore te takuhe Tenant Home Ownership i te wātea i ngā rohe e nui ana te popono mō ngā whare kāwanatanga.  Ko ētahi o ēnei rohe ko: 

• Tāmaki Makaurau 
• Te Whanganui-a-Tara 
• Ōtautahi 
• Kirikiriroa me 
• Tauranga

Kia mōhio, e wātea anake ana tēnei mō te hokonga o ētahi whare Kāinga Ora motuhake, ā, e kore e pā ki te hoko i ētahi atu whare.  Mēnā he kainoho koe, ā, e hiahia ana ki te tono mō te takuhe Tenant Home Ownership, ka taea e koe te whakakī i te pukatono takuhe Tenant Home Ownership hei wāhanga o tō tono ki te hoko i te whare e nōhia nei e koe.  Ka kitea ngā puka me ētahi atu mōhiohio i konei kaingaora.govt.nz/home-ownership/tenant-home-ownership/

Ko te Kaupapa Pūtea Taurewa o Kāinga Whenua he kaupapa i waenga i a Kāinga Ora me Kiwibank hei āwhina i te Māori ki te pupuri kāinga i runga i ō rātou whenua kaipupuri-maha.  E wātea ana ngā pūtea taurewa ki ngā kaitiaki whenua Māori me te hunga takitahi e whai ana i te mana ki te noho ki ō rātou whenua kaipupuri-maha. He rerekē ngā whakaritenga me te tukanga tono, nā reira tēnā kōwhiria te kōwhiringa e hiahia ana koe ki te rapu kōrero anō. 

Mā Kiwibank te pūtea taurewa e whakaae, e whakarato hoki, ā, me tutuki i a koe āna paearu tuku moni whānui, tae atu ki ngā paearu a Kāinga Whenua.  Ka whakarato hoki a Kāinga Ora i te inihua mōkete kaituku moni mō te pūtea taurewa. 

Tēnā tirohia a kaingaora.govt.nz/home-ownership/kainga-whenua/ mō ētahi atu mōhiohio. 

Ka puritia e te Housing Foundation te toenga o ngā hea o te whare (hei tauira, 40%), ā, ka rekoatahia kōrua tahi ko te Housing Foundation ki te taitara o te whare hei kaipupuri, kia taea e koe te hoko mai i aua hea.  Ka taea tēnei e te nuinga o ngā kainoho i roto i te whitu ki te tekau tau.  Me whiwhi koe i te moni kuhu (ō pūtea penapena tāpiri i te KiwiSaver) me te mōkete mō te tapeke o te utu hoko, e hoko ai koe i tō wāhanga o ngā hea.  Ka whakamāramatia āmikitia tēnei ki a koe i mua o te tono i a koe kia waitohu i te Whakaaetanga Shared Ownership.