Find the best home loan rate
The home loan section is useful if you are looking for the best home loan rate amongst the top banks and finance companies in New Zealand. Use the table below to view the latest rates offered from over 50 lenders.
Mortgage Rates Daily Commentary
Westpac has followed ANZ and National Bank's lead and cut its three, four and five-year rates to 7.75%, 8.20% and 8.50% respectively. Its three-year rate is now the lowest alongside ANZ for the major banks.
Meanwhile we review yesterday's official cash rate announcement here and provide a look at what has happened to interest rates over the past five years in this graph.
You can also receive regular mortgage commentary and rates by subscribing up to the Good Returns free daily email newsletter.
These mortgage rates were last updated on 10 March 2010 at 7:47am
For a full sortable mortgage rates table please visit www.goodreturns.co.nz
| Major Banks |
Floating |
Fixed 6 mth |
Fixed 1 yr |
Fixed 2 yr |
Fixed 3 yr |
Fixed 4 yr |
Fixed 5 yr |
| ANZ |
5.69 |
5.99 |
6.20 |
7.25 |
7.75 |
8.19 |
8.49 |
| ASB Bank |
5.75 |
6.00 |
6.25 |
7.55 |
7.95 |
8.20 |
8.50 |
| BNZ- Std, FlyBuys |
5.99 |
5.75 |
6.25 |
7.20 |
7.95 |
8.50 |
8.75 |
| National Bank |
5.75 |
5.70 |
6.15 |
7.20 |
7.79 |
8.20 |
8.50 |
| Westpac |
6.29 |
5.75 |
6.25 |
7.20 |
7.79 |
8.49 |
8.69 |
| |
| Other Lenders |
Floating |
Fixed 6 mth |
Fixed 1 yr |
Fixed 2 yr |
Fixed 3 yr |
Fixed 4 yr |
Fixed 5 yr |
|
|
|
|
|
|
|
|
| AMP Home Loans |
6.29 |
5.75 |
6.25 |
7.20 |
7.99 |
8.50 |
8.75 |
| AMP Home Loans $200k + |
6.19 |
5.65 |
6.15 |
7.10 |
7.89 |
8.40 |
8.65 |
| BankDirect |
5.75 |
6.00 |
6.25 |
7.55 |
7.95 |
|
8.50 |
| BNZ - Classic (T&C apply) |
|
|
|
|
|
|
|
| BNZ - GlobalPlus |
5.99 |
5.85 |
6.35 |
7.30 |
8.05 |
8.60 |
8.85 |
| BNZ - Mortgage One |
6.40 |
|
|
|
|
|
|
| BNZ - Rapid Repay |
5.99 |
|
|
|
|
|
|
| BNZ - TotalMoney |
5.59 |
|
|
|
|
|
|
| Cairns Lockie |
6.75 |
6.19 |
6.40 |
7.45 |
8.19 |
8.70 |
8.85 |
| CBS Canterbury |
6.45 |
6.45 |
6.55 |
7.45 |
8.25 |
|
8.85 |
| Credit Union Baywide |
5.85 |
6.15 |
6.40 |
7.70 |
8.10 |
|
|
| Credit Union North |
6.25 |
|
6.35 |
7.30 |
8.10 |
|
|
| eMortgage |
6.75 |
6.19 |
6.40 |
7.45 |
8.19 |
8.70 |
8.85 |
| Fidelity Life |
6.35 |
|
5.90 |
7.05 |
|
|
|
| First Credit Union |
6.99 |
|
|
|
|
|
|
| General Finance |
6.75 |
6.19 |
6.40 |
7.45 |
8.19 |
8.70 |
8.85 |
| Global Home Loans |
7.99 |
|
|
|
|
|
|
| HBS |
6.49 |
5.85 |
6.25 |
7.20 |
7.99 |
8.50 |
8.75 |
| Housing Corp |
5.75 |
|
6.20 |
7.20 |
7.80 |
|
8.65 |
| HSBC Premier |
6.30 |
5.49 |
5.99 |
6.99 |
7.69 |
8.25 |
7.99 |
| Kiwibank |
5.65 |
5.75 |
6.25 |
7.20 |
7.79 |
8.20 |
8.50 |
| Moorhouse Mortgages |
9.95 |
8.75 |
8.75 |
9.20 |
9.75 |
|
|
| Napier Building Society |
6.00 |
|
6.25 |
7.00 |
|
|
|
| Nelson Building Society |
6.95 |
|
6.55 |
7.55 |
|
|
|
| No.8 Mortgages |
9.95 |
8.55 |
8.55 |
8.70 |
9.40 |
|
|
| NZ Home Loans |
5.85 |
6.15 |
6.40 |
7.70 |
8.10 |
|
8.65 |
| NZF |
6.95 |
6.25 |
6.65 |
7.65 |
8.25 |
8.65 |
8.90 |
| Perpetual Trust |
7.45 |
|
|
|
|
|
|
| PSIS |
5.75 |
5.70 |
6.15 |
7.15 |
7.80 |
8.35 |
|
| Public Trust |
6.20 |
5.70 |
6.15 |
7.20 |
7.90 |
8.50 |
8.60 |
| SBS Bank |
5.90 |
6.00 |
6.29 |
7.30 |
7.90 |
|
8.75 |
| Silver Fern |
5.85 |
6.00 |
6.50 |
7.50 |
8.20 |
8.50 |
8.75 |
| Southern Cross |
6.95 |
5.60 |
6.10 |
7.10 |
7.80 |
|
|
| Sovereign |
5.85 |
6.15 |
6.40 |
7.70 |
8.10 |
8.35 |
8.65 |
| TSB Bank |
5.99 |
5.75 |
6.20 |
7.15 |
7.80 |
8.50 |
8.65 |
| Wairarapa Building Society |
6.45 |
|
6.25 |
7.40 |
|
|
|
| Westpac - Capped rates |
|
|
6.55 |
|
|
|
|
|
