Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$2,969
NZ$548,781total interest
NZ$1,068,781total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit < 5% | 6.35% | NZ$3,236 | NZ$644,825 | NZ$1,164,825 |
| Deposit 5% – 9% | 6.35% | NZ$3,236 | NZ$644,825 | NZ$1,164,825 |
| Deposit 10% – 14% | 6.35% | NZ$3,236 | NZ$644,825 | NZ$1,164,825 |
| Deposit 15% – 19% | 6.35% | NZ$3,236 | NZ$644,825 | NZ$1,164,825 |
| Deposit 20% – 24%your tier | 5.55% | NZ$2,969 | NZ$548,781 | NZ$1,068,781 |
| Deposit ≥ 25% | 5.55% | NZ$2,969 | NZ$548,781 | NZ$1,068,781 |
Estimate only. Assumes principal & interest, constant rate for full term.
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 < 5% | 6.35% |
| Deposit 5% – 9% | 6.35% |
| Deposit 10% – 14% | 6.35% |
| Deposit 15% – 19% | 6.35% |
| Deposit 20% – 24% | 5.55% |
| Deposit ≥ 25% | 5.55% |
Higher deposit = lower LVR = better rate
About Fixed 4 Year
TSB's 4-year fixed rate is for borrowers who want extended payment certainty. It suits those who are settled in their property, confident in their financial plans, and willing to trade a higher rate for four years of unchanging repayments.
This is a less common term choice across the market, but TSB's competitive pricing and community banking approach can make it worthwhile. Break fees apply, so it's important to be sure you won't need to exit the loan early.