What is your bank costing you?
We read your title to find your bank, set its rates against every lender’s and show the gap in dollars a year. Then advisers compete to close it.
Check my mortgageMortgages
Mortgages in New Zealand
Today’s lowest home loan rates from 36 lenders, what your own bank is costing you against them, and mortgage advisers who compete to beat both — whether you are refixing or buying.
Or compare every lender’s rates — 36 lenders, every term.
- 36lenders compared
- 4.49%lowest 1-year fixed, CCB
- 0mortgage advisers on the FSP Register
- Dailyread from lenders’ own sites
Three ways on
Found a house? Ask brokers about it
Pick the address and see what it would cost at today’s rates. Brokers see the house and your numbers, never your name, and compete to finance it.
Pick a houseEvery lender, every term
Floating and fixed from six months to five years, standard and special, read from every bank’s and non-bank lender’s own site each day.
Compare ratesMortgage brokers
Find a mortgage broker near you
0 broker firms and 0 advisers, each checked on the FSP Register. Nobody pays to appear.
More home loan tools
Mortgage repayment calculator
Weekly, fortnightly or monthly repayments and the interest over the loan.
How much can I borrow?
An indicative borrowing limit and a readiness check, from your own figures.
What could your KiwiSaver buy?
Your balance as a price, and homes at it in the suburb you pick.
Home loan affordability by town
What a median home costs against local incomes, town by town.
KiwiSaver first-home withdrawal
What your KiwiSaver could put toward a deposit.
Buying your first home
The steps from saving a deposit to settlement day.
First Home Loan and low deposits
Buying with 5–20% deposit, and what it costs.
Mortgage pre-approval
What it is, what to bring, and how long it lasts.
Pay off your mortgage faster
What extra repayments or a lump sum save.
Break fee calculator
A rough cost of breaking a fixed rate early.
Switching banks
Whether moving your mortgage pays, after every cost.
Today’s mortgage rates
Every lender’s advertised rates, side by side.
Find a mortgage adviser
Advisers and firms near you.
Questions
What is the lowest mortgage rate in New Zealand today?
The lowest advertised 1-year fixed rate is 4.49% from China Construction Bank, as at 21 Oct. Every lender’s rates at every term are on our mortgage rates page, updated daily.
Should I fix or float my mortgage?
Most New Zealand borrowers fix, because fixed rates are usually lower than floating and the repayments are certain for the term. Floating costs more but can be repaid or moved at any time without a break fee. Many split the loan between the two.
Should I use a mortgage broker or go to my bank?
A bank can only offer its own loans; a broker can compare several lenders and negotiate with them, which helps most when your situation is not straightforward. Either way, the advertised rate is a starting point.
What does a mortgage broker cost?
Usually nothing for the borrower: New Zealand mortgage advisers are mostly paid a commission by the lender. They must tell you how they are paid before giving advice.
General information, not financial advice. Rates are lenders’ advertised rates and change often.