Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$3,037
NZ$493,157total interest
NZ$1,093,157total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit < 5% | 5.99% | NZ$3,593 | NZ$693,641 | NZ$1,293,641 |
| Deposit 5% – 9% | 5.79% | NZ$3,517 | NZ$666,011 | NZ$1,266,011 |
| Deposit 10% – 14% | 5.24% | NZ$3,310 | NZ$591,422 | NZ$1,191,422 |
| Deposit 15% – 19% | 4.79% | NZ$3,144 | NZ$531,972 | NZ$1,131,972 |
| Deposit 20% – 24%your tier | 4.49% | NZ$3,037 | NZ$493,157 | NZ$1,093,157 |
| Deposit ≥ 25% | 4.49% | NZ$3,037 | NZ$493,157 | NZ$1,093,157 |
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% | 5.99% |
| Deposit 5% – 9% | 5.79% |
| Deposit 10% – 14% | 5.24% |
| Deposit 15% – 19% | 4.79% |
| Deposit 20% – 24% | 4.49% |
| Deposit ≥ 25% | 4.49% |
Higher deposit = lower LVR = better rate
About ASB Fixed 6 Month
ASB's 6-month fixed mortgage is a short-term option for borrowers who want brief rate security while staying nimble. It's especially useful when you're waiting for rate conditions to settle and don't want to commit to a longer term just yet.
ASB's digital banking is among the strongest in New Zealand, making it easy to manage your mortgage online. The 6-month term means frequent refixing, which can be an advantage (you adapt quickly to falling rates) or a disadvantage (you're exposed to rises sooner).