Rates and loans, simplified

We can help you choose the interest rate and home loan type that’s best for your budget and lifestyle.

Great rates, no surprises

fixed rate (classic)

- %p.a.
Fixed for -

Get our best fixed interest rates on our Classic, no fuss home loan. Great for those who like the certainty of knowing exactly how much each regular repayment will be, whether it’s weekly, fortnightly or monthly, for the fixed term of the loan. Minimum equity and product eligibility criteria applies^.

Apply for a Classic home loan

Compare all our home loan rates

Fly Buys and flexibility

fixed or floating rate (standard/Fly Buys)

- %p.a.
Fixed for -
- %p.a.

Our Standard/Fly Buys home loan^ is ideal for those who want flexibility, with a side of rewards. You can make extra or lump sum repayments if you’re on a floating rate, and if you’re on a fixed rate, you may also be able to make some additional repayments per year^.

Apply for a Standard home loan

Compare all our home loan rates 

Offset and save on interest

offset (TotalMoney)

- %p.a.

TotalMoney is great for those who want to save on interest and pay off their home loan faster, using the balances of their everyday accounts. TotalMoney looks at the combined balances of your TotalMoney everyday accounts and subtracts these from the balance of your TotalMoney home loan, so you only pay interest on the remaining amount^.

Apply for a TotalMoney home loan

More about TotalMoney

Everyday flexibility

Revolving (rapid repay and mortgage one)

- %p.a.
Floating (Rapid Repay)

A revolving home loan is like having a big overdraft on an everyday transaction account. Your income is direct credited into the home loan account and you use it to pay your expenses as and when you need to. Keeping your daily balance as low as possible will mean you’ll pay less interest, and a floating interest rate means you can still make lump-sum repayments whenever it suits. Find out more about revolving home loans.  

Apply for a revolving home loan

Compare all our home loan rates

Features of our home loans

Structured to suit

Choose one of our fixed or floating rates, or mix and match a combination of the two by splitting your mortgage into fixed and floating portions.


Tailored repayments

By making a small increase to your repayments each year you could save thousands in interest and shave years off your home loan^.

Lock in a rate

If you like the look of one of our fixed rates, we can hold it for up to 60 days so you don’t miss out^.

Range of term options

We offer home loan terms of up to 30 years, and can work with you to choose the best term for your circumstances.

Option to pay extra

You can repay any amount, anytime with our floating home loans. For fixed loans, you may be able to make some additional repayments per year^. Not available on Classic home loans.

Re-draw funds

You may be able to access extra repayments you’ve made on your loan above the required minimum, if you need to^. This is only available while your loan is still on a floating interest rate.

Home loan fees

  • Up to $400 to set up your personal home loan
  • Fee of up to 1% of the amount of the loan to set up a non-personal home loan, such as for an investment property or a family trust
  • No fee to re-fix or roll over^ 
  • Up to $250 to top up your home loan
  • $250 if redocumenting is required
  • $35 each time we have to pay council rates for your property on your behalf
  • $3.50 monthly base fee, 35 cents per electronic transaction and 75 cents per manual transaction for Rapid Repay revolving home loan
  • $20 monthly base fee for Mortgage One revolving home loan 

See our personal fees guide pdf 535kb and Home Loan Facility Master Agreement pdf338kb for more information.

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).  If you have between 80.01 – 85% LVR you’ll pay a premium of 0.35%. Between 85.01 – 90% you’ll pay 0.75%, 90.01 – 95% you’ll pay 1.00% and 95.01%+ you’ll pay 1.15%. 

More about LVR

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.


Talk to a mobile mortgage manager

Our mobile mortgage managers will come to you, whether you need help choosing your first home loan, want expert advice or are looking to switch to BNZ^.

Find a mobile mortgage manager

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.

  1. Classic fixed rates are only available when you have at least 20% equity in the property provided as security. This rate is not available for some investor lending. For residential property investors, more equity may also be required where Reserve Bank minimum equity restrictions apply. A BNZ transactional account with your salary or wages credited and one other product is required. A ratelock break fee and early repayment charges may apply. Some packaged offers may not apply to this rate.

  2. Fly Buys terms and conditions apply. BNZ (and its related companies) do not guarantee the redemption of Fly Buys or that Fly Buys will continue to be offered for products or services provided by them. The BNZ Fly Buys home loan is also known as the BNZ Standard Home Loan. Fly Buys collection rates can change without notice.

  3. Terms and conditions and early repayment charges may apply.

  4. TotalMoney Terms and Conditions apply.

  5. Tailored home loan repayments are not available on Rapid Repay, Mortgage One, non-table loans, any of our interest only loans, or progressive drawdown loans. Terms and conditions and early repayment charges may apply.

  6. Ratelock break fee may apply.

  7. Low equity premium may apply if the amount of your loan increases the LVR of your home loan to 80% or over. Subject to lending criteria. Conditions apply.

  8. For individual customers (where the customer is a natural person and not a company/trust) if the loan is wholly or predominantly for personal, domestic, or household purposes. 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.

  9. Mobile mortgage managers cover the Auckland Region, Hamilton City and surrounds, Tauranga, Napier/Hastings, Christchurch City and surrounds and the Wellington Region.

Read our full home loans terms and conditions