Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$2,632
NZ$427,403total interest
NZ$947,403total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit < 5% | 5.09% | NZ$2,820 | NZ$495,252 | NZ$1,015,252 |
| Deposit 5% – 9% | 5.09% | NZ$2,820 | NZ$495,252 | NZ$1,015,252 |
| Deposit 10% – 14% | 5.09% | NZ$2,820 | NZ$495,252 | NZ$1,015,252 |
| Deposit 15% – 19% | 5.09% | NZ$2,820 | NZ$495,252 | NZ$1,015,252 |
| Deposit 20% – 24%your tier | 4.49% | NZ$2,632 | NZ$427,403 | NZ$947,403 |
| Deposit ≥ 25% | 4.49% | NZ$2,632 | NZ$427,403 | NZ$947,403 |
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% | 5.09% |
| Deposit 5% – 9% | 5.09% |
| Deposit 10% – 14% | 5.09% |
| Deposit 15% – 19% | 5.09% |
| Deposit 20% – 24% | 4.49% |
| Deposit ≥ 25% | 4.49% |
Higher deposit = lower LVR = better rate
About Fixed 6 Month
ANZ's 6-month fixed mortgage is designed for borrowers who want short-term rate certainty while keeping the flexibility to reassess their options soon. It's a popular choice when the OCR is expected to move and you want to lock in briefly without committing long-term.
Compared to longer ANZ fixed terms, the 6-month rate is typically the lowest, making it appealing for first-home buyers or those refinancing who expect rates to fall further. The trade-off is that you'll need to refix every six months, which means more admin and exposure to rate changes at each rollover.