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Compare New Zealand mortgage interest rates from banks and lenders

Looking at mortgage rates is a good place to start, but the lowest advertised rate is not always the best deal. Banks and lenders price differently depending on deposit size, income, loan structure, and how strong your application looks. This table shows publicly advertised home loan rates from major New Zealand lenders, updated twice daily, so you can quickly compare what is available across the market.

Latest New Zealand Home Loan Rates

Lumi (our AI) last checked rates on: 27 March 2026 at 09:33 AM

Bank Name Product Type Loan Term Interest Rate
ANZ Standard Variable 5.79% p.a.
ANZ Standard 6 Months 5.09% p.a.
ANZ Standard 1 Year 5.19% p.a.
ANZ Standard 2 Years 5.69% p.a.
ANZ Standard 3 Years 5.99% p.a.
ANZ Standard 4 Years 6.09% p.a.
ANZ Standard 5 Years 6.19% p.a.
ANZ Special LVR under 80% 6 Months 4.49% p.a.
ANZ Special LVR under 80% 1 Year 4.59% p.a.
ANZ Special LVR under 80% 2 Years 5.09% p.a.
ANZ Special LVR under 80% 3 Years 5.39% p.a.
ANZ Good Energy - Up to $80K 3 Years 1% p.a.
ASB Standard Variable 5.79% p.a.
ASB Standard 6 Months 4.49% p.a.
ASB Standard 1 Year 4.59% p.a.
ASB Standard 2 Years 5.09% p.a.
ASB Standard 3 Years 5.39% p.a.
ASB Standard 4 Years 5.55% p.a.
ASB Standard 5 Years 5.69% p.a.
ASB Better Homes Top Up 3 Years 1% p.a.
BNZ TotalMoney Variable 5.94% p.a.
BNZ Standard Variable 5.84% p.a.
BNZ Standard 6 Months 4.49% p.a.
BNZ Standard 1 Year 4.59% p.a.
BNZ Standard 2 Years 4.89% p.a.
BNZ Standard 3 Years 5.29% p.a.
BNZ Standard 4 Years 5.59% p.a.
BNZ Standard 5 Years 5.79% p.a.
BNZ Better Future Home Loan 3 Years 1% p.a.
Westpac Standard Variable 5.89% p.a.
Westpac Standard 6 Months 5.09% p.a.
Westpac Standard 1 Year 5.19% p.a.
Westpac Standard 2 Years 5.79% p.a.
Westpac Standard 3 Years 5.89% p.a.
Westpac Standard 4 Years 5.99% p.a.
Westpac Standard 5 Years 6.19% p.a.
Westpac Special LVR < 80% 6 Months 4.49% p.a.
Westpac Special LVR < 80% 1 Year 4.59% p.a.
Westpac Special LVR < 80% 2 Years 5.19% p.a.
Westpac Special LVR < 80% 3 Years 5.29% p.a.
Westpac Special LVR < 80% 4 Years 5.39% p.a.
Westpac Special LVR < 80% 5 Years 5.59% p.a.
Westpac Greater Choices 5 Years 0% p.a.
Westpac Choices Offset Variable 5.89% p.a.
Westpac Choices Everyday Variable 5.99% p.a.
Kiwibank Standard Variable 5.75% p.a.
Kiwibank Standard 6 Months 5.39% p.a.
Kiwibank Standard 1 Year 5.49% p.a.
Kiwibank Standard 2 Years 5.99% p.a.
Kiwibank Standard 3 Years 6.25% p.a.
Kiwibank Standard 4 Years 6.59% p.a.
Kiwibank Standard 5 Years 6.69% p.a.
Kiwibank Special 6 Months 4.49% p.a.
Kiwibank Special 1 Year 4.59% p.a.
Kiwibank Special 2 Years 5.09% p.a.
Kiwibank Special 3 Years 5.45% p.a.
Kiwibank Special 4 Years 5.79% p.a.
Kiwibank Special 5 Years 5.89% p.a.
Kiwibank Offset Mortgage Variable 5.75% p.a.
SBS Bank Residential Variable 5.84% p.a.
SBS Bank Residential 6 Months 5.09% p.a.
SBS Bank Residential 1 Year 5.19% p.a.
SBS Bank Residential 2 Years 5.59% p.a.
SBS Bank Residential 3 Years 5.89% p.a.
SBS Bank Residential 4 Years 6.15% p.a.
SBS Bank Residential 5 Years 6.29% p.a.
SBS Bank Special 6 Months 4.49% p.a.
SBS Bank Special 1 Year 4.59% p.a.
SBS Bank Special 2 Years 4.99% p.a.
SBS Bank Special 3 Years 5.29% p.a.
SBS Bank Special 4 Years 5.55% p.a.
SBS Bank Special 5 Years 5.69% p.a.
SBS Bank First Home Combo 1 Year 3.99% p.a.
SBS Bank Construction lending for FHB Variable 3.29% p.a.
SBS Bank Unwind reverse equity Variable 7.99% p.a.
Bank of Baroda Standard Variable 7.49% p.a.
Bank of Baroda Standard 6 Months 5.24% p.a.
Bank of Baroda Standard 1 Year 4.74% p.a.
Bank of Baroda Standard 2 Years 4.99% p.a.
Bank of China Standard Variable 7% p.a.
Bank of China Standard 6 Months 5.38% p.a.
Bank of China Standard 1 Year 5.48% p.a.
Bank of China Standard 2 Years 5.78% p.a.
Bank of China Standard 3 Years 6.08% p.a.
Bank of China Standard 4 Years 6.38% p.a.
Bank of China Standard 5 Years 6.58% p.a.
Bank of China Special Variable 5.1% p.a.
Bank of China Special 6 Months 4.38% p.a.
Bank of China Special 1 Year 4.48% p.a.
Bank of China Special 2 Years 4.78% p.a.
Bank of China Special 3 Years 5.08% p.a.
Bank of China Special 4 Years 5.38% p.a.
Bank of China Special 5 Years 5.58% p.a.
China Construction Bank Special Variable 5.89% p.a.
China Construction Bank Special 6 Months 4.49% p.a.
China Construction Bank Special 1 Year 4.49% p.a.
China Construction Bank Special 2 Years 4.89% p.a.
China Construction Bank Special 3 Years 5.09% p.a.
China Construction Bank Special 4 Years 5.39% p.a.
China Construction Bank Special 5 Years 5.49% p.a.
China Construction Bank Standard 6 Months 5.49% p.a.
China Construction Bank Standard 1 Year 5.49% p.a.
China Construction Bank Standard 2 Years 5.89% p.a.
China Construction Bank Standard 3 Years 6.09% p.a.
China Construction Bank Standard 4 Years 6.39% p.a.
China Construction Bank Standard 5 Years 6.49% p.a.
Co-operative Bank Standard Variable 4.99% p.a.
Co-operative Bank Standard 6 Months 5.09% p.a.
Co-operative Bank Standard 1 Year 5.09% p.a.
Co-operative Bank Standard 2 Years 5.65% p.a.
Co-operative Bank Standard 3 Years 5.89% p.a.
Co-operative Bank Standard 4 Years 6.25% p.a.
Co-operative Bank Standard 5 Years 6.39% p.a.
Co-operative Bank Owner Occupied Variable 4.99% p.a.
Co-operative Bank Owner Occupied 6 Months 4.59% p.a.
Co-operative Bank Owner Occupied 1 Year 4.59% p.a.
Co-operative Bank Owner Occupied 2 Years 5.15% p.a.
Co-operative Bank Owner Occupied 3 Years 5.39% p.a.
Co-operative Bank Owner Occupied 4 Years 5.75% p.a.
Co-operative Bank Owner Occupied 5 Years 5.89% p.a.
Co-operative Bank First Home Buyer Special 1 Year 4.49% p.a.
Heartland Bank Residential Variable 5.3% p.a.
Heartland Bank Residential 1 Year 5.89% p.a.
Heartland Bank Reverse Mortgage Variable 7.75% p.a.
Heartland Bank Village Access loan Variable 8.45% p.a.
ICBC Special Variable 5.39% p.a.
ICBC Special 6 Months 4.39% p.a.
ICBC Special 1 Year 4.49% p.a.
ICBC Special 2 Years 4.89% p.a.
ICBC Special 3 Years 5.15% p.a.
ICBC Special 4 Years 5.45% p.a.
ICBC Special 5 Years 5.65% p.a.
Kookmin Standard Variable 7.25% p.a.
Kookmin Standard 6 Months 5.85% p.a.
Kookmin Standard 1 Year 5.35% p.a.
Kookmin Standard 2 Years 5.35% p.a.
TSB Bank Standard Variable 6.59% p.a.
TSB Bank Standard 6 Months 5.39% p.a.
TSB Bank Standard 1 Year 5.19% p.a.
TSB Bank Standard 2 Years 5.69% p.a.
TSB Bank Standard 3 Years 6.09% p.a.
TSB Bank Standard 4 Years 6.35% p.a.
TSB Bank Standard 5 Years 6.49% p.a.
TSB Bank Special LVR <80% Variable 5.79% p.a.
TSB Bank Special LVR <80% 6 Months 4.59% p.a.
TSB Bank Special LVR <80% 1 Year 4.39% p.a.
TSB Bank Special LVR <80% 2 Years 4.89% p.a.
TSB Bank Special LVR <80% 3 Years 5.29% p.a.
TSB Bank Special LVR <80% 4 Years 5.55% p.a.
TSB Bank Special LVR <80% 5 Years 5.69% p.a.
Heretaunga Bldg Socy Residential Variable 6.5% p.a.
Heretaunga Bldg Socy Residential 1 Year 5.5% p.a.
Heretaunga Bldg Socy Residential 2 Years 5.75% p.a.
Nelson Bldg Society Residential Variable 6.49% p.a.
Nelson Bldg Society Residential 6 Months 5.19% p.a.
Nelson Bldg Society Residential 1 Year 4.69% p.a.
Nelson Bldg Society Residential 2 Years 5.09% p.a.
Wairarapa Bldg Society Residential Standard Variable 6.15% p.a.
Wairarapa Bldg Society Residential Standard 1 Year 4.79% p.a.
Wairarapa Bldg Society Residential Standard 2 Years 5.19% p.a.
First CU Special Variable 6.49% p.a.
First CU Special 1 Year 4.89% p.a.
First CU Special 2 Years 5.49% p.a.
First CU Standard Variable 6.49% p.a.
First CU Standard 1 Year 5.29% p.a.
First CU Standard 2 Years 5.89% p.a.
Police CU Standard Variable 5.19% p.a.
Police CU Standard 6 Months 4.65% p.a.
Police CU Standard 1 Year 4.49% p.a.
Police CU Standard 2 Years 4.89% p.a.
Police CU Shared Ownership Variable 5.19% p.a.
Police CU Shared Ownership 6 Months 5.09% p.a.
Police CU Shared Ownership 1 Year 5.09% p.a.
Police CU Shared Ownership 2 Years 5.29% p.a.
Police CU Reverse Mortgage Variable 7.64% p.a.
UnityMoney Special Variable 5.79% p.a.
UnityMoney Special 6 Months 4.99% p.a.
UnityMoney Special 1 Year 4.49% p.a.
UnityMoney Special 2 Years 4.89% p.a.
UnityMoney Standard 6 Months 5.79% p.a.
UnityMoney Standard 1 Year 5.29% p.a.
UnityMoney Standard 2 Years 5.69% p.a.
UnityMoney First Home Buyer Special 1 Year 3.95% p.a.
Kainga Ora - HNZ Residential Variable 5.79% p.a.
Kainga Ora - HNZ Residential 1 Year 4.59% p.a.
Kainga Ora - HNZ Residential 2 Years 4.95% p.a.
Kainga Ora - HNZ Residential 3 Years 5.19% p.a.
Kainga Ora - HNZ Residential 5 Years 5.69% p.a.
Avanti Finance Near Prime Variable 6.35% p.a.
Avanti Finance Specialist Variable 7.55% p.a.
Basecorp Finance Standard, from Variable 6.35% p.a.
CFML Loans Prime 80 Loans Variable 6.05% p.a.
CFML Loans 321 Loans Variable 3.95% p.a.
CFML Loans Prime Loans Variable 6.25% p.a.
CFML Loans Standard Loans Variable 6.95% p.a.
First Mortgage Trust Standard - from Variable 6.65% p.a.
First Mortgage Trust Development - from Variable 7.35% p.a.
General Finance Short term bridging 1st mortgages ....from 6 Months 6.99% p.a.
General Finance Short term bridging 1st mortgages ....from 1 Year 6.99% p.a.
General Finance Short term bridging 1st mortgages ....from 2 Years 6.99% p.a.
General Finance Short term bridging 1st mortgages ....from 3 Years 6.99% p.a.
Liberty Financial Residential <70% LVR Variable 5.8% p.a.
Liberty Financial Residential <70% LVR 1 Year 5.7% p.a.
Liberty Financial Residential <70% LVR 2 Years 5.5% p.a.
Liberty Financial Residential <70% LVR 3 Years 5.45% p.a.
Midlands Mortgage Trust Residential Variable 8.6% p.a.
Midlands Mortgage Trust Commercial Variable 8.85% p.a.
Midlands Mortgage Trust Rural Variable 8.7% p.a.
Paraloan for people with physical disabilities....from 3 Years 4% p.a.
Pepper Money Prime Variable 6.54% p.a.
Pepper Money Near Prime Variable 6.85% p.a.
Pepper Money Specialist Variable 8.6% p.a.
Resimac Prime Full Doc < 80% Variable 5.69% p.a.
Resimac Prime Full Doc < 80% 1 Year 5.15% p.a.
Resimac Prime Full Doc < 80% 2 Years 5.2% p.a.
Resimac Prime Full Doc < 80% 3 Years 5.35% p.a.
Resimac Prime Full Doc < 80% 4 Years 5.55% p.a.
Resimac Prime Full Doc < 80% 5 Years 5.7% p.a.
Resimac Specialist Investment < 70% Variable 6.69% p.a.
Resimac Specialist Investment < 70% 1 Year 5.75% p.a.
Resimac Specialist Investment < 70% 2 Years 5.8% p.a.
Resimac Specialist Investment < 70% 3 Years 5.95% p.a.
Resimac Specialist Investment < 70% 4 Years 6.15% p.a.
Resimac Specialist Investment < 70% 5 Years 6.3% p.a.
Simplicity Member home loan Variable 4.2% p.a.
Welcome Short-term first mortgages from: Variable 6.5% p.a.
Welcome Short-term first mortgages from: 6 Months 6.75% p.a.
Welcome Short-term first mortgages from: 1 Year 6.95% p.a.
Welcome Short-term first mortgages from: 2 Years 7.25% p.a.
Welcome Short-term first mortgages from: 3 Years 7.25% p.a.
Xceda Finance Short-term Bridge Mortgage loans from 6 Months 6.99% p.a.
Xceda Finance Short-term Bridge Mortgage loans from 1 Year 6.99% p.a.
AIA Standard Go Variable 5.89% p.a.
AIA Standard Go 6 Months 4.59% p.a.
AIA Standard Go 1 Year 4.59% p.a.
AIA Standard Go 2 Years 4.95% p.a.
AIA Standard Go 3 Years 5.19% p.a.
AIA Standard Go 4 Years 5.55% p.a.
AIA Standard Go 5 Years 5.69% p.a.
Important Information about rates displayed on this page

Rates shown on this page are sourced from publicly available lender information and updated twice daily using AI-assisted technology. AI can make mistakes. We work hard to keep this information accurate and the AI behaving, but rates can change without notice and occasional delays or errors may occur.

The information here is intended as a general guide only and is not financial advice or a lending recommendation.

The rate available to you will depend on your deposit, income, loan structure, and the lender’s assessment criteria. Before making a decision, check the latest terms directly with the lender or talk with a qualified adviser.

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