Lock in a rate (and your repayments) for a set period of time — from six months to five years.
This rate changes as the market does, but you can make extra repayments any time you like. Also known as a floating rate.
Think of it like a giant overdraft — pay it off or withdraw up to your limit anytime.
If you earn under a certain amount a Welcome Home Loan means you could buy your first home with as little as 10% deposit.
Buying your first home can be a complex and stressful experience. We’ve put together this guide to make it easy to get your place sorted.
The language surrounding home buying can be pretty confusing. Here are some common terms and definitions simplified.
Kiwibank’s lending criteria, terms and conditions, and fees apply.