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 Revolving Credit Facility
The Co-operative Bank's Standard Revolving Credit is a flexible overdraft facility for non-owner-occupied borrowers. Rental income and other deposits reduce the balance daily, and you can redraw as needed.
For property investors, this facility can be useful for managing cash flow across multiple properties or covering maintenance costs. The rate is higher than fixed options, so the savings depend on how effectively you manage the balance. Best used as one component of a broader mortgage structure.