Refinance

Refinance or refix your mortgage

The title register says which bank holds your mortgage. We set that bank’s rates against every lender’s, work out the gap in dollars, show what the loan would cost fixed today — and let advisers compete to beat it.

Your mortgage

What your bank is costing you

Enter your address to see your bank against the market

Free. We confirm you own it, then read the title. Already have an account? Sign in.

  • Your banks from the title register, for every property you own
  • The gap between their rates and the lowest, in dollars a year
  • Fixed today: each term’s repayment at the lowest rate
  • Refix reminders before your fixed term ends
How it works

Refinance without the weekend of paperwork

Most people refix on autopilot: the bank sends a letter, you pick a term from its list, and the rate you get is the one it offered rather than the one you could have had.

  1. 01
    Find your properties
    We read the title register and show which bank holds the mortgage over each one.
  2. 02
    Set it against the market
    Your bank’s rates beside every lender’s, and what the gap costs you a year.
  3. 03
    Watch the refix date
    Record the loan and we remind you before the fixed term ends, when the rate is negotiable.
  4. 04
    Advisers compete
    Ask for options and advisers answer a picture already assembled. You stay anonymous until you choose one.
Switching banksBreak fee calculatorPay it off fasterFind a mortgage adviser

Questions

Is refinancing worth it in New Zealand?

It can be, particularly when your fixed term is ending, your equity has grown or a bank offers a cash contribution. Compare the total cost, including any break fee and legal costs, before you move.

Should I refix with my bank or switch?

Your bank’s refix offer is a starting point. Banks often match or beat a competitor’s rate to keep you, and an adviser can ask several lenders at once. Moving mid-term usually means a break fee, so most people switch when the fixed term ends.

How do you know which bank I am with?

A mortgage is registered on the title of the property it is secured over, and the title names the lender. We read it from the LINZ register for the properties you own. The register never says the balance or the rate, so you add those if you want exact figures.

Do I need to talk to my bank first?

No. See how your bank compares here first. If you want options, advisers can approach lenders on your behalf.

Who sees my details?

Nobody, until you ask for offers and accept an adviser. Advisers see an anonymous summary first and compete on it.

What does it cost?

Nothing. OwnBetter is free for property owners. Advisers and lenders pay for the platform, not you.

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.

General information, not financial advice. Rates are lenders’ advertised rates and change often.