Compare New Zealand mortgage rates

Compare like with like: check the same loan-to-value ratio and fixed term, then read each lender’s fees, eligibility rules, special-rate conditions and any cash contribution terms. A headline rate alone does not show the full cost or tell you which offer you qualify for.

Source and freshness

Lender figures below are shown only when a dated source response is available and marked current. If the source is missing or stale, rate figures are hidden. Check the lender’s current offer and conditions directly before making a decision.

Want to test your own scenario? Use the mortgage calculator with a rate you choose. It estimates principal-and-interest repayments from your inputs; it is not a loan offer or approval.

RBNZ market benchmark

Series B20

Simple-average standard advertised/card rates for new borrowers at registered banks, excluding special discounts. Period: September 2026; released 2026-10-07.

Floating: 6.43%
6 months: 5.33%
1 year: 5.55%
18 months: 5.62%
2 years: 5.86%
3 years: 5.93%
4 years: 6.09%
5 years: 6.20%

This is an aggregate market reference, not a lender offer, special rate, recommendation, or personal borrowing rate. It is separate from the lender-by-lender comparison below. Check current offers and eligibility with lenders.

Source: Reserve Bank of New Zealand (RBNZ), series B20. Next scheduled release: 2026-11-06. Values expire on that date pending a reviewed update. This snapshot is manually reviewed; FHBG does not automatically scrape the RBNZ series. See the RBNZ terms of use.

Try your own assumption in the mortgage planning calculator. This benchmark is not an input or offer; choose a planning rate yourself.

General information only, not financial, legal or lending advice.

Checking for a current lender-rate snapshot

Lender figures are shown only when a dated source is current. They stay hidden while availability is checked. The RBNZ benchmark above is a separate aggregate reference, not a lender offer.

Plan a repayment using a rate you choose