Repayment calculator
NZ$
Monthly repayment
NZ$3,048
NZ$577,210total interest
NZ$1,097,210total repaid
Estimate only. Assumes principal & interest, constant rate for full term.
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.