Compare home loan rates

Confused about rates or home loan options? Talk to our home loan experts – they’ll work with you to help you find the right solution.

4.29% p.a. 2 years fixed home loan special

Lock in this great rate on our Classic home loan, when you have your everyday banking and one other product with us.^

Minimum equity requirement.

July 2016 changes to loan-to-value ratio (LVR) restrictions

We have made changes to the current loan-to-value ratio (LVR) restrictions, following a proposal by the Reserve Bank of New Zealand in July 2016. These will impact new home loans for owner-occupiers and residential property investors. 

Find out more

Rates^

NameTypeFloating^6 months1 year18 months2 years3 years4 years5 years7 years
TotalMoney^^
Offset -%                
Standard/Fly Buys^
Fixed or floating -% -% -% -% -% -% -% -% -%
Classic^
Fixed     -%   -% -%      
Mortgage One Revolving -%                
Rapid Repay^
Revolving -%                

For other rates, including low equity interest premium, see other home loan rates.

See our mortgage calculators

Features

NameRewardsExtra repayments
Interest onlyTailored repaymentsRepayment holiday
TotalMoney - -
Standard/Fly Buys^
Fly Buys points ^   
Classic -
Mortgage One - - - -
Rapid Repay -   -  - -

Fees

General fees for all of our home loans

 

Establishment

There is a fee of up to $400 to set up your personal home loan.^ 

Set up for companies

If you want to set up a loan for non-personal lending (such as for an investment property, family trust) you’ll be charged up to 1% of the amount of the loan.

Re-fix / rollover

It won’t cost you anything to re-fix the interest rate on your home loan or to roll it over to a new fixed rate at the end of your fixed period. 

Top up

If you want to use the equity in your home to renovate or pay for a big purchase or event, it'll cost $250 to top up your home loan.^

Redocumentation

We charge $250 if you want to make any changes to the terms of your home loan before your term is up for renewal.^

Rates arrears

We’ll charge you $35 each time we have to pay your council rates for your property on your behalf.^

Specific fees for some of our home loans

NameMonthly base fee^
Electronic transactions^
Manual transactions^
TotalMoney - - -
Standard/Fly Buys  - - -
Classic - - -
Mortgage One $20 - -
Rapid Repay^
$3.50 35 cents 75 cents

For all fees, view our personal fees guide PDF 135KB

Other rates

Low equity interest rate premium

A low equity interest rate premium will apply to all loans with less than 20% equity (more than 80% Loan to Value Ratio - LVR).  For residential property investors, more equity may be required, where Reserve Bank minimum equity restrictions apply. More about LVR

Loan to Value Ratio Premium
 80.01% to 85%  0.35%
 85.01% to 90% 0.75% 
 90.01% to 95% 1.00% 
 95.01%+ 1.15% 

Default Interest Rate

A Default Interest Rate may apply if a loan repayment is not made when it is due. The Default Interest Rate is the current interest rate that applies to your loan, plus 2.00% p.a.

Calculators

HOW MUCH CAN I BORROW?

Work out how much you could borrow based on your current income and expenses.

Calculate

WHAT WILL MY REPAYMENTS BE?

Finding out what your mortgage repayments will be, can help when budgeting for and choosing a home.

Calculate

HOW FAST CAN I PAY OFF MY HOME LOAN?

Work out how many years it will take to pay off your home loan, based on your weekly, fortnightly or monthly mortgage repayments.

Calculate

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Small Print

All home loans are subject to our lending criteria (including minimum equity requirements), terms and fees. Interest rates are subject to change. An establishment fee of up to $400 may apply for personal lending (the fee may be different for non-personal lending). Not for business purposes.

Read our full home loans terms and conditions