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Compare Latest Mortgage Rates in New Zealand

Use this mortgage rate table to find the best rate for you.

Click here to compare the best mortgage rates
Mortgage Lender Floating 6 mths 1 year 18 mths 2 years 3 years 4 years 5 years RC
Mortgage Lender Floating 6 mths 1 year 18 mths 2 years 3 years 4 years 5 years RC
ANZ 5.79 4.99 4.95 5.15 5.15 5.49 5.89 6.09 5.9
ANZ Special n/a n/a 4.45 n/a 4.65 4.99 n/a n/a n/a
ASB Bank 5.8 5.25 4.75 4.9 4.99 5.29 5.79 5.99 5.55
ASB Bank Special n/a 4.95 4.39 4.6 4.69 4.99 5.49 5.69 n/a
BNZ - Mortgage One 6.5 n/a n/a n/a n/a n/a n/a n/a 7.15
BNZ - Rapid Repay 5.95 n/a n/a n/a n/a n/a n/a n/a 6.74
BNZ - Special n/a n/a 4.59 n/a 4.69 4.99 n/a n/a n/a
BNZ - Std, FlyBuys 5.9 5.35 4.99 5.05 5.29 5.59 5.89 6.09 n/a
BNZ - TotalMoney 5.9 n/a n/a n/a n/a n/a n/a n/a n/a
Credit Union Baywide 6.15 5.75 5.45 5.55 5.5 n/a n/a n/a n/a
Finance Direct n/a n/a n/a n/a n/a n/a n/a n/a n/a
First Credit Union 5.85 n/a n/a n/a n/a n/a n/a n/a n/a
glimp rate 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0
Heartland 6.7 6.9 7.0 n/a 7.25 7.85 n/a 8.55 6.7
Heartland Bank - Online n/a n/a n/a n/a n/a n/a n/a n/a n/a
Heretaunga Building Society 5.75 n/a 5.0 n/a 5.2 n/a n/a n/a n/a
Housing NZ Corp 5.79 n/a 4.75 n/a 4.99 5.29 n/a 5.99 n/a
HSBC Premier 5.79 4.85 4.19 4.19 4.29 4.89 5.29 5.59 5.99
HSBC Premier LVR > 80% n/a n/a n/a n/a n/a n/a n/a n/a n/a
HSBC Special n/a n/a n/a n/a n/a n/a n/a n/a n/a
ICBC 5.8 4.99 4.59 5.0 4.69 5.09 5.3 5.85 5.7
Kiwibank - Capped n/a n/a n/a n/a n/a n/a n/a n/a n/a
Kiwibank - Offset 5.8 n/a n/a n/a n/a n/a n/a n/a n/a
Kiwibank Special n/a n/a 4.55 n/a 4.65 4.99 n/a n/a n/a
Liberty 5.69 n/a n/a n/a n/a n/a n/a n/a n/a
Nelson Building Society 6.1 n/a 5.1 n/a 5.45 n/a n/a n/a n/a
Resimac 5.3 n/a 4.86 n/a 4.94 5.3 5.5 5.67 n/a
RESIMAC Special 5.0 n/a n/a n/a 4.75 n/a n/a n/a n/a
SBS Bank 5.89 5.25 4.99 5.15 5.19 5.49 5.89 6.09 5.65
SBS Bank Special n/a 4.99 4.59 4.69 4.69 4.99 5.49 5.69 n/a
Sovereign 5.9 5.25 4.75 4.9 4.99 5.29 5.79 5.99 6.35
Sovereign Special n/a 4.95 4.39 4.6 4.69 4.99 5.49 5.69 n/a
The Co-operative Bank - Owner Occ 5.75 4.8 4.55 4.69 4.69 4.99 5.55 5.75 5.75
The Co-operative Bank - Standard 5.75 5.3 5.05 5.19 5.19 5.49 6.05 6.25 5.75
TSB Bank 5.8 4.99 4.8 4.99 5.15 5.45 5.75 5.99 5.8
TSB Special n/a 4.85 4.55 4.65 4.69 4.79 5.55 5.69 n/a
Wairarapa Building Society 5.7 n/a 4.85 n/a 4.99 n/a n/a n/a n/a
Westpac 5.95 5.25 4.99 5.15 5.19 5.44 5.89 6.09 5.95
Westpac - Capped rates n/a n/a 5.26 n/a 5.36 n/a n/a n/a n/a
Westpac - Offset 5.95 n/a n/a n/a n/a n/a n/a n/a n/a
Westpac Special n/a n/a 4.59 n/a 4.69 4.94 n/a 5.59 n/a

We update this table regularly. It is intended as a brief guide to existing mortgage rates in New Zealand.

Terms explained

Floating rate: is the variable rate, as the interest rate fluctuates according to market conditions.

Fixed rate: is the interest rate that you have locked in for a set period of time on your mortgage.

Capped rate: is the maximum interest rate that will apply to a loan during its capped period.