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% | 6.65% |
Higher deposit = lower LVR = better rate
About Fresh Start - Fixed 1 year
The Co-operative Bank's Fresh Start Fixed 1 Year is a specialist product for borrowers who may have experienced financial difficulties such as bankruptcy, a low credit score, or irregular income history. It provides a pathway into homeownership that most banks don't offer.
The rate is higher than standard products, reflecting the additional risk the bank takes on. However, it serves as a stepping stone — after demonstrating good payment history, borrowers can often transition to the bank's Owner Occupied or Standard tier at lower rates.