We’ve got through lockdown, now it’s time to support New Zealand’s economic recovery. We’ve reset our variable home loan rates, dropping them by 1% p.a. and taking them below 4% p.a., saving Kiwis $20m in interest over the next year.
Current rates
Interest rates subject to change.
Kiwibank customer already?
Thanks for backing and banking local. With the money you'll save on interest, you can choose to pay back your loan faster, save it or put it to use in other ways like buying local and supporting your fellow Kiwis.
You can choose to:
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Keep your repayments as is
Pay off your home loan faster - no action required for this option.
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Increase your repayments
This will help pay off your home loan even faster.
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Reduce your repayments
You can choose to lower your repayments down to the minimum amount required.
Not yet with Kiwibank?
There's no better time to join New Zealand's bank with low home loan rates across both fixed and variable home loans. Our home loan experts are on hand to talk you through the home buying process. They can meet you at your home or a local café, or are available at a Kiwibank branch.
Find the right home loan for you
Apply for a home loan
To apply for a Kiwibank Home Loan, you'll need to talk to one of our home loan experts. One of our Mobile Mortgage Managers can come to you or our Banking Consultants are available in selected branches.
Home loan calculators
Business banking customers
We've also reset the rules on our variable priced business loan and overdraft rates by reducing them by 1.00% p.a. Thereby reducing the standard pricing gap between fixed and variable rates. This means you’ll now have all the flexibility of a variable rate at a significantly lower cost than ever before.
Standard terms and conditions
The calculators should be treated as a guide only. They don't take into account all of your individual circumstances and aren't financial advice.
Displayed interest rates subject to change. Kiwibank’s lending criteria, terms and conditions and fees apply.