Repayment calculator
NZ$
Monthly repayment
NZ$2,788
NZ$483,786total interest
NZ$1,003,786total repaid
Estimate only. Assumes principal & interest, constant rate for full term.
About Revolving Credit Facility
The Co-operative Bank's Revolving Credit facility lets you use your home loan like a flexible overdraft. Income deposits reduce the balance daily, and you can redraw as needed — rewarding disciplined borrowers who keep the balance low.
This product is well-suited to borrowers who want to accelerate their mortgage payoff while maintaining access to funds. The Co-operative Bank's ethical approach and transparent pricing mean no hidden surprises. Best paired with a fixed portion for an optimal split loan structure.