As well as enjoying very competitive interest rates, you could reduce the term of your loan by up to half that of a standard bank table mortgage and save thousands of dollars in interest costs with NZHL.

Interest Rates
Rate TermPrime RatesPrime SpecialsSpecialist RatesSpecialist Specials
Floating5.80%5.90%
6 months4.99%5.35%4.95%
12 months4.99%4.59%4.99%4.59%
24 months5.19%4.79%5.19%4.79%
36 months5.65%5.25%5.49%5.09%
48 months5.75%5.89%5.49%
60 months5.99%6.09%5.69%
*Effective Mon 6/3/17

*These rates are subject to change on a daily basis – please check these rates with your New Zealand Home Loans consultant

The above rates may not be available to all borrowers depending on the loan product required. *All specials are subject to satisfying Reserve Bank minimum equity requirements.  Eligibility criteria, terms & conditions apply.

Default interest rate – If at any time the amount owing under your home loan exceeds the agreed account limit. The interest will be calculated daily on the amount in excess of the agreed limit or agreed reducing facility limit, at the facility’s applicable interest rate plus 5.00% p.a. until paid in full and will be charged on the normal installment due date.