Classic home loan

Our best fixed rate on selected terms.

  • Certainty of knowing what your repayments will be
  • Tailored repayment option

More detail

Get the best rate

Our Classic home loan gives you our best fixed interest rates on selected terms, so you'll sleep easy in your new home, knowing you've nabbed a great rate on your mortgage.

Fixed interest rates mean fixed payments, so you'll always know how much is coming out of your account. No nasty surprises, just an easy to manage home loan.

Tailored repayment option

Want to pay off your home loan and be mortgage free faster? If you choose our tailored repayment option, you could take years off the term of your loan, potentially saving thousands of dollars in interest. Talk to us if you want to find out more about this feature.

If you plan to make lump sum repayments or pay your mortgage off early, you could be better off with a Fly Buys floating home loan. That's because with a Classic home loan, you may have to pay an early repayment charge based on home loan interest rates, the term of your home loan and the time left to run on your fixed term.

Other things to consider

The total term of a Classic home loan can be any length from 1 year up to 30 years and the minimum loan size is $10,000.

 Fixed Home Loan Interest Rate1
Term Current Interest Rate % p.a.
18 months View rates here
2 years View rates here

 Service Fees2
Fee Name What is the fee?
Establishment Fee
Personal Lending to individuals3		 Up to $400
Establishment Fee
All other lending including but not limited to cases where investment properties, family trusts or companies are involved		 Up to 1% of loan amount.
Rollover/Re-fix Fee
(Re-fix the interest rate on your home loan)		 $1504
Top Up Fee
(Apply to increase your overall home loan borrowing)		 $2504
Re-documentation Fee
(New loan agreements or amendments are required for services such as product changes, borrower changes, some types of repayment changes etc)		 $2504
Re-draw Fee
(Re-draw funds that your original loan approval covered, but that you may have repaid faster than the minimum requirement. Re-draw cannot take place while your loan is on a fixed interest rate, but you can ask us to Re-draw funds when your fixed period is about to expire)		 No fee applies


Next steps

Apply online nowFind a store 0800 275 269

Small print

  1. For interest rates applicable to packaged offers, please call us free on 0800 ASK BNZ (0800 275 269).
  2. Account Fees may be charged in addition to Service Fees and that all fees are subject to change without notice.
  3. For individual customers (where the customer is a natural person and not a company/trust) if the loan is primarily for personal, domestic, or household purposes.
  4. For all non-personal lending (including but not limited to cases where investment properties, family trusts or companies are involved) a fee of up to 1% of the loan may be charged for this service.

Our lending criteria and establishment or re-documentation fees applies. A Low Doc or Low Equity Interest Rate Premium may apply. Loans are not available for business purposes or packaged offers. A higher interest rate may apply to loans if the application is accepted but does not meet our standard lending criteria.