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% | 5.75% |
Higher deposit = lower LVR = better rate
About Kiwibank Offset Variable
Kiwibank's Offset Variable mortgage lets you link savings accounts to reduce the interest charged on your home loan. With a 1:1 offset ratio, every dollar saved directly reduces your effective mortgage balance for interest calculations.
This product is best for borrowers who hold significant cash reserves — such as self-employed people, freelancers, or those saving for a specific purpose. The variable rate is higher than fixed options, so you need substantial linked savings to make the offset genuinely worthwhile.