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:

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.