Product
Provider
Rate
Fee
Enter property value and deposit to see repayments.
| Deposit ≥ 25% | 5.75% |
Higher deposit = lower LVR = better rate
Kiwibank's Variable rate mortgage offers full flexibility — make extra repayments, repay in full, or switch to a fixed rate at any time without penalties. It's the most flexible option for borrowers who need to keep their options open.
The variable rate is higher than Kiwibank's fixed rates, making it best suited as a temporary arrangement or the flexible component of a split mortgage. Kiwibank's competitive variable rate relative to the Big Four banks can make it an attractive floating option.