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 4.79 4.6 4.25 4.75 4.95 5.35 5.65 5.85 4.55
ANZ Blueprint to Build 2.03 n/a n/a n/a n/a n/a n/a n/a n/a
ANZ Special n/a 4.0 3.65 4.15 4.35 4.75 n/a n/a n/a
ASB Back My Build 2.29 n/a n/a n/a n/a n/a n/a n/a n/a
ASB Bank 4.6 4.19 3.65 4.09 4.35 4.69 4.95 5.19 4.7
Avanti Finance 4.55 n/a n/a n/a n/a n/a n/a n/a n/a
BNZ - Classic n/a 3.99 3.65 4.09 4.35 4.69 4.89 4.99 n/a
BNZ - Mortgage One 5.15 n/a n/a n/a n/a n/a n/a n/a 7.15
BNZ - Rapid Repay 4.95 n/a n/a n/a n/a n/a n/a n/a 6.74
BNZ - Std, FlyBuys 4.95 4.59 4.25 4.69 4.95 5.29 5.49 5.59 n/a
BNZ - TotalMoney 4.95 n/a n/a n/a n/a n/a n/a n/a n/a
First Credit Union Special 5.85 n/a 3.59 n/a 4.09 n/a n/a n/a n/a
Heartland Bank - Online 2.25 n/a 1.85 n/a 2.35 2.65 n/a n/a 2.55
Heretaunga Building Society 5.25 n/a 4.0 n/a 4.6 n/a n/a n/a n/a
HSBC Premier 4.49 2.79 2.19 2.19 2.45 2.69 2.99 3.19 5.44
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 2.25 2.25 n/a n/a n/a n/a n/a
ICBC 4.15 3.59 3.29 3.59 3.85 4.19 4.59 4.79 4.15
Kiwibank - Offset 4.25 n/a n/a n/a n/a n/a n/a n/a n/a
Kiwibank Special 4.25 4.19 3.69 n/a 4.35 4.69 4.99 5.15 4.3
Liberty 4.84 n/a n/a n/a n/a n/a n/a n/a n/a
Nelson Building Society 4.95 n/a 4.29 n/a 4.85 n/a n/a n/a n/a
Resimac 3.39 n/a 3.54 n/a 3.89 4.09 4.19 4.29 n/a
SBS Bank 4.79 4.29 3.65 3.95 4.19 4.25 4.79 4.99 5.79
SBS Bank Special n/a 3.79 3.15 3.45 3.69 3.75 4.29 4.49 n/a
The Co-operative Bank - First Home Special n/a n/a 3.45 n/a n/a n/a n/a n/a n/a
The Co-operative Bank - Owner Occ 4.75 3.65 3.65 4.05 4.35 4.69 4.89 4.99 4.75
The Co-operative Bank - Standard 4.75 4.15 4.15 4.55 4.85 5.19 5.39 5.49 4.75
TSB Bank 5.34 4.09 4.09 4.44 4.74 4.99 5.34 5.5 5.34
TSB Special 4.54 3.29 3.29 3.64 3.94 4.19 4.54 4.7 4.54
Wairarapa Building Society 4.99 n/a 3.65 3.85 4.05 n/a n/a n/a n/a
Westpac 5.09 4.79 4.29 4.69 4.95 5.29 5.39 5.55 4.69
Westpac - Offset 5.09 n/a n/a n/a n/a n/a n/a n/a n/a
Westpac Special n/a 4.19 3.69 4.09 4.35 4.69 4.79 4.95 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.

glimp strives to ensure the information on its website is accurate and up to date, but it may exclude special offers from providers. The information is not an endorsement or advice. Before choosing a provider, you must satisfy yourself as to its suitability for your situation. Terms apply.

Google rating +
Matthew Symmons , 2021-12-04

Both the highlighted deals i clicked through to get turned out to be inaccurate speeds. Glimp saying 300/100 both providers only offering 100/20 for the price given, despite giving the same address in both sites. still giving 3 stars though as regardless the deals through Glimp are better than the standard advertised deals on the providers site.

Leah Te Rangi , 2021-09-28

Sign up didn't go quite the way it was meant to. But Kate called and she walked through everything so we could work out what went wrong. she was patient, friendly, supportive and kept me calm to finally get plan registration sorted ( still can't log in though - she must be magic )

Tara Davis , 2021-09-28

Found it really easy to find what i needed and also got a call regarding what deals might be best suited etc. Saves a lot of time. Highly reccommend glimp