Product
Provider
Rate
Fee
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 Standart Floating
The Co-operative Bank's Standard floating rate provides full flexibility for non-owner-occupied borrowers. Make extra repayments, pay off the loan, or switch to fixed without penalty — ideal for investors who may sell or refinance.
The floating rate is higher than fixed options, making it a tactical tool rather than a long-term strategy. It's useful for investors between fixed terms or those expecting a property sale in the near future.