Rates and fees for home loans not on sale
If you have a home loan with us that is not on sale, you’ll find the rates and fees for your home loan below.
Classic home loans
Classic home loans are no longer available for new applications from 19 September 2024, for existing loans a 20% minimum equity applies. For residential property investors, more equity may also be required where Reserve Bank minimum equity restrictions apply. A ratelock break fee and early repayment charges may apply.
These fixed rates apply to all Classic home loans, including those whose interest rate type is still Residential Owner Occupied and Residential Investor.
- 6 months: -% p.a.
- 1 year: -% p.a.
- 18 months: -% p.a.
- 2 years: -% p.a.
- 3 years: -% p.a.
- 4 years: -% p.a.
- 5 years: -% p.a.
BNZ Advantage home loans
At this stage, BNZ Advantage home loans^ are only available to customers who had a GlobalPlus home loan.
Rates
- For your fixed rate, refer to your loan documentation.
- The current floating rate^ is -% p.a. You can also see your rate in Internet Banking.
Fees
Features
| Name | Rewards | Extra Repayments | Interest only | Repayment Holiday |
|---|---|---|---|---|
|
BNZ Advantage |
Cash rewards^ |
✓^ |
✓ | ✓ |
Cash Rewards
Enjoy Cash Rewards on your BNZ Advantage home loan at a rate of $1 for every $1,000 outstanding on your loan balance each year. For example, that’s $350 a year on an average home loan balance of $350,000.
Cash Rewards will be allocated based on the average monthly balance of the loan. Cash Rewards are calculated and paid monthly.
The Cash Reward earned will be credited each month to the transaction account your home loan payments come out of, or an account of your choice (in New Zealand and in your name).