Financing Your Ecopod Home
Simple, Flexible Options to Help You Get Started
Designed specifically for transportable and prefabricated homes and buildings, you can get competitive interest loans from banks. We connect you with a personal Mobile Mortgage manager who can help get you on the path to owning an Ecopod Home.
Can I Get a Mortgage for an Ecopod?
Yes! Most banks now offer standard home loans for off-site-built homes like Ecopods. To qualify, you’ll need:
- Land and/or buildings with enough value to secure the loan
- Income that can support regular mortgage payments
How Do Payments Work During Construction?
When your Ecopod is being built, you’ll need to:
- Pay a deposit to start the build.
- Make progress payments as construction continues
What If I Don’t Have the Cash Upfront?
Every situation is unique, but here's a real-world example to help you understand the numbers:
Ecopod’s Bank-Ready-Build Option
- You get a pre-approved mortgage from your bank. Â
- You pay a deposit.
- Ecopod builds, delivers, and installs your home.
- Ecopod gets paid once your mortgage funds are released. Â
What Can I Afford?
Every situation is unique, but here's a real-world example to help you understand the numbers:
Example: 3-Bedroom Granny Flat
Total Investment Breakdown
- Base building cost: $250,000
- Site work & delivery: $50,000
- Total project cost: $300,000
Finance Requirements
- Deposit needed (30%): $90,000
- Loan amount: $210,000
- Weekly repayments*: ~$255/week
*Based on a 2-year fixed mortgage at 4.6% interest
Could This Pay for Itself?
If you're considering renting out your 3-bedroom Ecopod Home, here's what the numbers might look like:
Rental Income Potential
Weekly Income
- Expected rent (Auckland average): $700/week
- Minus mortgage payment: -$255/week
- Gross weekly income: $445/week
Operating Costs (~$220/week)
- Property management
- Maintenance & repairs
- Council rates
- Insurance
- Tax obligations
Net Weekly Income: ~$225/week