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.1

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Mortgage One home loan2

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

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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 home loan specialist

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.3

Small Print

  1. Fly Buys are not available on a Rapid Repay home loan.
  2. Not available for loans for business purposes or packaged offers. Account and Service Fees apply.
  3. Mobile home loan specialists cover the Auckland Region, Hamilton City and surrounds, Tauranga, Napier/Hastings, Christchurch City and surrounds, and the Wellington Region.

Lending criteria, terms and fees apply. Establishment or redocumentation fees may apply. A Low Equity interest rate premium may apply. Not for business purposes or packaged offers.

Read our full home loans terms and conditions