Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$2,788
NZ$483,786total interest
NZ$1,003,786total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit < 5% | 5.59% | NZ$2,982 | NZ$553,496 | NZ$1,073,496 |
| Deposit 5% – 9% | 5.59% | NZ$2,982 | NZ$553,496 | NZ$1,073,496 |
| Deposit 10% – 14% | 5.59% | NZ$2,982 | NZ$553,496 | NZ$1,073,496 |
| Deposit 15% – 19% | 5.59% | NZ$2,982 | NZ$553,496 | NZ$1,073,496 |
| Deposit 20% – 24%your tier | 4.99% | NZ$2,788 | NZ$483,786 | NZ$1,003,786 |
| Deposit ≥ 25% | 4.99% | NZ$2,788 | NZ$483,786 | NZ$1,003,786 |
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% | 5.59% |
| Deposit 5% – 9% | 5.59% |
| Deposit 10% – 14% | 5.59% |
| Deposit 15% – 19% | 5.59% |
| Deposit 20% – 24% | 4.99% |
| Deposit ≥ 25% | 4.99% |
Higher deposit = lower LVR = better rate
About Fixed 18 Month
ANZ's 18-month fixed rate fills the gap between 1-year and 2-year terms. It's well-suited to borrowers who feel one year is too short but two years is more commitment than they're comfortable with — particularly when rate forecasts are uncertain.
This term is less common across the market, giving ANZ's offering a niche appeal. The rate is typically slightly higher than the 1-year option, so you're paying a small premium for the extra six months of certainty. Best for those who value a middle-ground approach to rate risk.