Three steps to a sharper rate
- 1
Check your rate in 30 seconds
Four quick questions, no paperwork.
- 2
Match with a licensed adviser
A licensed NZ adviser picks up your enquiry.
- 3
They negotiate, you save
They take your case to the lenders and come back with options.
Know before you refix
The rollover trap
Banks send a refix letter with their carded rates. Accepting without comparing is the most expensive default setting in NZ.
Break fees aren't always a dealbreaker
They depend on your rate, time remaining and market movement. Sometimes savings and cashback outweigh them. An adviser can run the numbers before you commit.
Cashback clawback
Leave a lender too soon after taking cashback and you may repay some or all of it. Always check the timeframe.
Compare rates
A snapshot of advertised home loan rates from New Zealand lenders. The sharpest rate in each column is highlighted.
Swipe the table sideways to see all terms.
| Lender | Floating | 6 Months | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years |
|---|---|---|---|---|---|---|---|
 | 5.34% | 4.79% | 4.99% | 5.45% | 5.69% | 5.89% | 5.99% |
 | 6.00% | 4.75% | 4.95% | 5.39% | 5.49% | 5.59% | 5.69% |
 | 6.04% | 4.79% | 4.99% | 5.49% | 5.59% | 6.39% | 6.49% |
 | 6.04% | 4.79% | 4.99% | 5.45% | 5.45% | 5.49% | 5.59% |
 | 6.04% | 4.79% | 4.99% | 5.49% | 5.69% | 5.89% | 5.99% |
 | 6.09% | 4.79% | 4.99% | 5.45% | 5.45% | 5.45% | 5.49% |
 | 6.09% | 4.79% | 4.99% | 5.44% | 5.44% | 5.49% | 5.49% |
 | 6.10% | — | 5.89% | — | — | — | — |
 | 6.14% | 4.75% | 4.99% | 5.45% | 5.39% | 5.39% | 5.49% |
 | 6.24% | — | 6.15% | 5.95% | 5.90% | — | — |
 | 6.54% | — | — | — | — | — | — |
 | 6.60% | — | — | — | — | — | — |
The live mortgage rates supplied by interest.co.nz are designed to be updated on a weekly basis, however sometimes updates may not occur as intended. Therefore the displayed rates are for reference only and may not be accurate, and we recommend you always check with a mortgage adviser or lender directly to confirm the latest rates on offer. The rates highlighted above are the ‘leading’ bank rate of the day, these rates may not be available to everyone. The highlighted rates may be ‘specials’, have ‘LVR requirements’, are for ‘owner occupiers’, or other ‘fine print’ to meet the eligibility criteria. Please check with the relevant lender directly to get information specific to your own circumstances.
See a rate you like? Run a free Rate Check.
Compare My Rate“Our adviser made the whole process so easy. Everything was explained clearly, and we always knew what was happening.”
Fixed rate rolling over soon?
When a fixed term ends, the loan rolls onto a new rate. If rates have moved since you fixed, repayments can change without much warning.
Knowing your numbers before the rollover date gives you time to compare options, ask questions about structure and decide what fits your budget.
- See what your repayments look like at current rates
- Compare what other lenders are advertising
- Understand splitting lending across different terms
Cashback of up to $25,000* on refinance
Lenders often pay a one-off cashback when lending is moved to them. It is usually calculated as a percentage of total lending.
These offers run as campaigns, so what is available changes over time. An adviser tracks what is currently in market and what conditions come attached.
Check What's AvailableCashback amounts are indicative, subject to lender criteria and clawback conditions, and can change at any time.
Why people refinance
- Sharper rates
- Lower repayment options
- Cashback opportunities
- Debt consolidation
- Better loan structure
Advisers in our network work with New Zealand's leading home loan providers.
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