Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$2,663
NZ$438,552total interest
NZ$958,552total repaid
| Deposit tier | Rate | Monthly | Total interest | Total repaid |
|---|---|---|---|---|
| Deposit < 5% | 5.39% | NZ$2,917 | NZ$530,017 | NZ$1,050,017 |
| Deposit 5% – 9% | 5.39% | NZ$2,917 | NZ$530,017 | NZ$1,050,017 |
| Deposit 10% – 14% | 5.39% | NZ$2,917 | NZ$530,017 | NZ$1,050,017 |
| Deposit 15% – 19% | 5.39% | NZ$2,917 | NZ$530,017 | NZ$1,050,017 |
| Deposit 20% – 24%your tier | 4.59% | NZ$2,663 | NZ$438,552 | NZ$958,552 |
| Deposit ≥ 25% | 4.59% | NZ$2,663 | NZ$438,552 | NZ$958,552 |
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% | 5.39% |
| Deposit 5% – 9% | 5.39% |
| Deposit 10% – 14% | 5.39% |
| Deposit 15% – 19% | 5.39% |
| Deposit 20% – 24% | 4.59% |
| Deposit ≥ 25% | 4.59% |
Higher deposit = lower LVR = better rate
About Fixed 6 month
TSB's 6-month fixed mortgage offers short-term rate security from one of New Zealand's oldest community-focused banks. It's a good fit for borrowers who want a brief fixed period while they monitor the rate environment before committing to a longer term.
TSB is known for personal service and has expanded beyond its Taranaki roots to serve customers nationwide. The 6-month term provides regular opportunities to reassess your mortgage strategy, though frequent refixing means ongoing exposure to market movements.