A flexible home loan and transaction account all in one

A revolving home loan is like having a big overdraft on an everyday transaction account. A floating interest rate means you can make lump-sum repayments whenever you want without worrying about early repayment charges. 

We have two types of revolving home loans

Rapid Repay home loan^

Use your income and savings to reduce the balance of your home loan, so you pay less interest.

-% p.a. interest rate

A low equity premium may apply.

Apply now

Mortgage One home loan^

Ideal if you earn a higher income that's seasonal or irregular during the year, or you prefer flexible payments.

-% p.a. interest rate

A low equity premium may apply.

Apply now

Benefits of a revolving home loan

Flexibility to withdraw cash

Access your money just like a regular bank account.  Make withdrawals whenever you need, up to your agreed limit.

Reduce your interest

Put your income and savings into your home loan account to keep your balance down and pay less interest. 

Ready access to your money

Manage your account 24-7 using internet or phone banking. Or use your Eftpos or Flexi Debit Visa card to pay for everyday expenses.

Compare home loan rates, fees and benefits

View and compare all of our home loans and choose the one that's right for you. 

Compare home loans now

Talk to a mobile mortgage manager

Whether you need help choosing your first home loan, want expert advice, or looking to switch to BNZ – our team is here to help and we'll come to you.^

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. Fly Buys are not available on a Rapid Repay home loan.

  2. Account and Service Fees apply. Not available for packaged offers.

  3. 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