Debt Consolidation Loans in New Zealand

Multiple repayments, multiple interest rates, and no clear end in sight. We restructure your debt so you have one manageable payment and a clear path forward.

Debt Consolidation

One repayment. One interest rate. One less thing to stress about.

Credit cards at 20%+, personal loans at 12% to 15%, and a car loan on top of your mortgage. Managing multiple debts is expensive and mentally exhausting. Debt consolidation rolls these into a single facility, typically at a much lower interest rate.

If you own property, you may be able to consolidate high-interest debt into your mortgage or a top-up facility, significantly reducing your total monthly obligations. If you don't yet own property, we can identify personal loan consolidation options that make more sense than what you're carrying now.

We structure these carefully. Rolling short-term debt into a long-term mortgage isn't always the right answer. We model the total cost and recommend what genuinely improves your position.

Two numbers usually decide it. Our extra repayments calculator shows what happens if you keep paying the old total after consolidating, and when refinancing your mortgage actually makes sense covers the break costs to check before anything moves.

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What We Can Help With

Debt types we regularly deal with

Credit Card Debt

Credit cards typically charge 18-25% interest. Consolidating into a mortgage facility at 6-7% can dramatically reduce your monthly interest cost.

Personal Loans

Personal loans at 10-20% are a common debt burden. We explore whether these can be rolled into a lower-rate facility tied to your property.

Car Loans

Car finance can be expensive. While we assess total cost carefully (since vehicles depreciate), rolling car debt into a mortgage can free up significant monthly cash flow.

Hire Purchase

Hire purchase and buy-now-pay-later debt often carries high effective interest rates. Consolidation can simplify and reduce these obligations significantly.

Multiple Mortgages

If you have mortgages across multiple lenders, we can often consolidate these into a single, better-structured loan with a single repayment.

Overdrafts

Bank overdrafts and revolving credit facilities with high utilisation are expensive. We help restructure these into a facility that actually helps you pay down debt.

How It Works

A debt review in four steps

01

Map your current position

We list all your debts (balances, rates, and monthly repayments) and calculate your total interest cost.

02

Model the consolidation

We show you what consolidation would look like, including total interest saved and new monthly repayment.

03

Find the right facility

We identify the lender and product that delivers the best result for your situation and get approval.

04

Execute the restructure

We manage the refinance process, pay out existing debts, and leave you with one clean, lower-cost repayment.

Is debt consolidation right for you?

Consolidation isn't always the best move. We'll tell you honestly if staying with your current structure makes more sense. Our goal is to genuinely improve your financial position, not just move debt around.

What to bring

List of all debts (balance, rate, monthly repayment)
Most recent bank statements (3 months)
Payslips or income evidence
Current mortgage statement (if applicable)
Photo ID

Book a Free Debt Review

Run The Numbers

Calculators for a consolidation decision

Extra repayments calculator

Keep paying what you pay now after consolidating and see how many years and how much interest that saves.

Mortgage repayment calculator

Add the consolidated balance to your loan and see the single repayment figure it produces.

Refinance savings calculator

Consolidating usually means refinancing. Compare the rates and see how long the switching costs take to recover.

Reading before you consolidate

When does refinancing your mortgage actually make sense?

Consolidation usually means refinancing. This covers break costs, timing, and when it is worth waiting.

Should you fix your mortgage rate? A 2025 guide for NZ borrowers

A consolidated loan still needs a rate structure. Here is how to weigh certainty against flexibility.

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What our clients are saying.

Real reviews from real Auckland families we've helped through their mortgage journey.

“Soumya from Indus Mortgages made my first home-buying experience smooth and stress-free. She explained everything clearly, kept me updated at every step, and went above and beyond to secure the best deal.”

“Thanks to Soumya for assisting us to buy our new house. When speaking with Soumya it’s always like talking with a friend. Answers promptly to the calls, though she is busy at times. Highly recommended.”

“Excellent service. They guided us through every step and helped us secure the best option for our home loan. Thanks for the great support, especially for Soumya and Santhosh.”

“Soumya is a very approachable advisor. She did her part very well right from the start. There was regular follow up from her which helped us a lot. All the best to Soumya and the entire Indus Mortgages team.”

“We had a truly wonderful experience with Indus Mortgages as we pursued our dream home. Their friendly approach in discussing the banking process, coupled with their genuine advice, instilled great confidence in our decision.”

“Thank you Indus Mortgages for advising me and helping to land my first home. They are so responsive and patient throughout my journey. I highly recommend Soumya Shine in helping you for advice.”

“We are thankful to Soumya for assisting us to buy our first home. The service provided was excellent. Soumya is always approachable, knowledgable and proactive.”

“I had a great experience with Indus Mortgages. Really helpful for the refinancing of my home loan. Highly recommended.”