* Minimum 20% equity. The standard 1 year rate is 4.95% p.a., the standard 2 year rate is 5.29% p.a., the standard 3 year rate is 5.59% (Specials are also available for Welcome Home Loan customers).
+ For all Bridging loans, the interest rate will be 1% above Kiwibank’s variable interest rate.
See all our home loan rates
You sign up to pay a set interest rate for a fixed amount of time.
You can make extra payments in any year of a fixed term loan of up to 5% of the loan amount at the start of the fixed term.
You can do this by:
If you pay off more than 5% extra, you could be charged a lump sum repayment fee, and potentially also a fixed rate break cost.
If you want the option to make extra repayments, you might be better to keep part of your loan on a variable rate — you can make extra repayments on this part whenever you like.
To make an extra payment or change your regular payments, contact our home loan team.
When the fixed term is up, you can:
If you don’t do anything, the fixed part will automatically roll onto the variable interest rate when the term is up.
If you want to break a fixed rate loan before the term is up, you might have to pay a break cost. This includes:
Displayed interest rates subject to change. Kiwibank’s lending criteria, terms and conditions and fees apply.