| Having a baby? Extending your home? Come into some money? One thing’s certain, life’s always changing, so it makes sense that your BNZ home loan can change with you. You never know when you might want to borrow more, or make a lump sum repayment*, which is why we make it easy to for you to change your loan.
Need to borrow more?
At any time, you can apply to top-up your loan by any amount above $5,000. It’s a great way to pay for improvements, refinance other lending or pay for larger purchases such as a car. Your top-up can be in the form of a new loan, or an extension to your current one+.
A new loan can be in any one of our normal home loan options and at our attractive home loan rates.
Alternatively, if you have one of our accelerated payment or revolving credit loans (Tailored, Rapid Repay or Mortgage One home loan), or have simply made additional payments into your account, you may be able to redraw available funds without applying.
Making lump sum payments
Making additional payments is a great way to pay off your loan early, or put you ahead of your repayments which may give you the ability to redraw those funds later on. You can apply to adjust your repayments or make additional lump sum repayments any time. However depending on interest rate conditions, early repayment charges may apply.
Moving home?
A new house doesn’t have to mean a new home loan. In fact, if you’re on a great fixed interest rate, you may not even need to break your existing term. Just talk to one of our home loan specialists and we can discuss transfering your existing home loan to your new property.
Moving off a fixed rate loan?
Whenever your fixed rate loan comes up for renewal, BNZ will contact you to discuss your lending options. At this time, you can choose any of our other home loan options, including splitting your loan. By doing that, you can enjoy the advantages of fixed and variable interest rates, or even split your interest rate risk over a number of different terms.
It's easy to
adjust your current Home Loan
Call us on 0800 BNZ
LOAN (0800 269 562) to talk to a home loan specialist.
Or simply email us
or visit any BNZ store.
BNZ home loans are not available through brokers.
| Our home lending criteria and an establishment fee apply. A Low Equity or Low Doc interest rate premium may apply. Not available for business purposes or packaged offers. |
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Early repayment charges may apply. |
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Home lending criteria will apply and a Low Equity or Low Doc interest rate premium may apply. |
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