Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$3,081
NZ$589,154total interest
NZ$1,109,154total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit < 5% | 7.39% | NZ$3,597 | NZ$774,858 | NZ$1,294,858 |
| Deposit 5% – 9% | 7.19% | NZ$3,526 | NZ$749,425 | NZ$1,269,425 |
| Deposit 10% – 14% | 6.64% | NZ$3,335 | NZ$680,519 | NZ$1,200,519 |
| Deposit 15% – 19% | 6.19% | NZ$3,181 | NZ$625,327 | NZ$1,145,327 |
| Deposit 20% – 24%your tier | 5.89% | NZ$3,081 | NZ$589,154 | NZ$1,109,154 |
| Deposit ≥ 25% | 5.89% | NZ$3,081 | NZ$589,154 | NZ$1,109,154 |
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% | 7.39% |
| Deposit 5% – 9% | 7.19% |
| Deposit 10% – 14% | 6.64% |
| Deposit 15% – 19% | 6.19% |
| Deposit 20% – 24% | 5.89% |
| Deposit ≥ 25% | 5.89% |
Higher deposit = lower LVR = better rate
About ASB Orbit Revolving
ASB's Orbit Revolving home loan works like a giant overdraft: your salary credits reduce the balance, and interest is calculated daily on whatever you owe. Disciplined borrowers can save thousands by keeping the effective balance low throughout the month.
This product is best for those who are confident managing variable balances and won't be tempted to overspend. The rate is higher than fixed alternatives, so the savings depend entirely on your cash-flow discipline. Pair it with a fixed portion to get the best of both worlds.