Home Loan Rates

This table is intended as a brief guide to residential loans on owner-occupied properties in New Zealand. Buyers are advised to confirm all rates and conditions. The rates shown are publicly advertised (‘carded’) rates, and more competitive unadvertised offers are usually available through adviser negotiation.

Lender Product Floating 6 month 1 year 18 month 2 year 3 year 4 year 5 year
ANZ Standard 6.29% 5.39% 5.59% 5.89% 5.95% 6.19% 6.39% 6.49%
ANZ Special 4.79% 4.99% 5.29% 5.35% 4.79%
ANZ Good Energy Home Loan Top-up 5.59%
ASB Standard 6.29% 4.79% 4.99% 5.35% 5.45% 5.45% 5.49% 5.59%
ASB Better Homes Top-up 1.00%
BNZ Standard 6.34% 4.89% 5.19% 5.29% 5.35% 5.59% 5.65% 5.75%
BNZ TotalMoney Offset 6.44%
BNZ Rapid Repay Revolving 6.09%
BNZ Mortgage One Revolving 6.09%
BNZ Green Home Loan top-ups 1.00%
Heartland Bank Standard 6.35% 5.89%
Heartland Bank Reverse Mortgage 7.99%
Kiwibank Standard 6.25% 5.75% 6.05% 6.29% 6.39% 6.49% 6.59%
Kiwibank Special 4.85% 5.15% 5.39% 5.59% 5.79% 5.89%
Kiwibank Offset Variable 6.25%
Kiwibank Revolving 5.70%
SBS Standard 6.34% 5.39% 5.59% 5.89% 6.04% 6.04% 6.09% 6.09%
SBS Special 4.79% 4.59% 5.29% 5.44% 5.44% 5.49% 5.49%
SBS First Home Combo 4.99%
SBS Unwind Reverse Equity 7.99%
SBS Advanced Reverse Equity 7.99%
The Cooperative Bank Standard 5.69% 4.89% 5.19% 5.35% 5.49% 5.69% 5.89% 5.99%
The Cooperative Bank Owner Occupied 4.99% 4.65% 4.49% 4.49% 4.79% 5.09% 5.29% 5.49%
The Cooperative Bank First Home Buyer Special 4.35%
TSB Standard 7.09% 5.69% 5.99% 6.25% 6.19% 6.49% 6.69% 6.79%
TSB Special 6.29% 4.89% 5.19% 5.45% 5.39% 5.69% 5.89% 5.99%
Westpac Standard 6.39% 5.49% 5.79% 6.05% 5.89% 6.19% 6.25% 6.35%
Westpac Special 4.89% 5.19% 5.45% 5.29% 5.59% 5.65% 5.75%
Westpac Choices Everyday 6.19%
Westpac Choices Offset 6.49%

* A minimum deposit of 20% is usually required for home lending with a special interest rate.

While we strive to keep these interest rates current, actual rates offered by lenders may differ and change without notice.

Choosing the right mortgage can be complex. Always confirm current rates and contact us for personalised advice to help you find the best mortgage solution for your situation.

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