Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$2,694
NZ$449,765total interest
NZ$969,765total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit < 5% | 5.29% | NZ$2,884 | NZ$518,368 | NZ$1,038,368 |
| Deposit 5% – 9% | 5.29% | NZ$2,884 | NZ$518,368 | NZ$1,038,368 |
| Deposit 10% – 14% | 5.29% | NZ$2,884 | NZ$518,368 | NZ$1,038,368 |
| Deposit 15% – 19% | 5.29% | NZ$2,884 | NZ$518,368 | NZ$1,038,368 |
| Deposit 20% – 24%your tier | 4.69% | NZ$2,694 | NZ$449,765 | NZ$969,765 |
| Deposit ≥ 25% | 4.69% | NZ$2,694 | NZ$449,765 | NZ$969,765 |
Estimate only. Assumes principal & interest, constant rate for full term.
Rates by deposit sizeLVR — Loan-to-Value Ratio
The percentage of the property value you're borrowing. A lower LVR means a bigger deposit and usually a better interest rate.
Example: Property NZ$800k, deposit NZ$160k → LVR = 80% (borrow 80%, own 20%).
| Deposit < 5% | 5.29% |
| Deposit 5% – 9% | 5.29% |
| Deposit 10% – 14% | 5.29% |
| Deposit 15% – 19% | 5.29% |
| Deposit 20% – 24% | 4.69% |
| Deposit ≥ 25% | 4.69% |
Higher deposit = lower LVR = better rate
About Fixed 1 Year
The ANZ Fixed 1 Year mortgage strikes a balance between short-term savings and medium-term stability. It suits homeowners who prefer not to refix too frequently but still want to benefit from competitive short-dated rates offered by one of New Zealand's largest banks.
One-year fixed rates are historically the most popular term in New Zealand, and ANZ's offering is consistently competitive among the big four. On the downside, you're locked in for 12 months — if rates drop sharply, you can't take advantage without paying a break fee.