Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Enter property value and deposit to see repayments.
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 ≥ 25% | 5.79% |
Higher deposit = lower LVR = better rate
About Floating
ANZ's standard floating mortgage gives you full flexibility: make extra repayments at any time, repay the loan in full without penalties, or switch to a fixed rate whenever you choose. It's the go-to option for borrowers who expect to sell, refinance, or make lump-sum payments in the near future.
The downside is that floating rates are significantly higher than fixed rates, and your repayments will change whenever ANZ adjusts its variable rate. This product works best as a short-term parking option or paired with a fixed portion in a split loan structure.