Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$2,969
NZ$548,781total interest
NZ$1,068,781total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit < 5% | 7.05% | NZ$3,477 | NZ$731,739 | NZ$1,251,739 |
| Deposit 5% – 9% | 6.85% | NZ$3,407 | NZ$706,645 | NZ$1,226,645 |
| Deposit 10% – 14% | 6.30% | NZ$3,219 | NZ$638,717 | NZ$1,158,717 |
| Deposit 15% – 19% | 5.85% | NZ$3,068 | NZ$584,369 | NZ$1,104,369 |
| Deposit 20% – 24%your tier | 5.55% | NZ$2,969 | NZ$548,781 | NZ$1,068,781 |
| Deposit ≥ 25% | 5.55% | NZ$2,969 | NZ$548,781 | NZ$1,068,781 |
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% | 7.05% |
| Deposit 5% – 9% | 6.85% |
| Deposit 10% – 14% | 6.30% |
| Deposit 15% – 19% | 5.85% |
| Deposit 20% – 24% | 5.55% |
| Deposit ≥ 25% | 5.55% |
Higher deposit = lower LVR = better rate
About ASB Fixed 4 Year
ASB's 4-year fixed rate offers extended payment stability for those who prefer longer horizons. It's aimed at borrowers who are confident they won't need to break the loan early and who value budget predictability above achieving the absolute lowest rate.
This term comes at a premium, but it shields you from multiple rate cycles. It's best considered when rates are low and expected to rise, so you lock in favourable conditions for nearly half a decade. Break fees and reduced flexibility are the key trade-offs.