Kiwibank’s lowest rate…
- Kiwibank home has a 2.55% p.a. one-year fixed interest rate if you have a minimum of 20% equity.
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Made by Kiwis for Kiwis back in 2002, Kiwibank has over 200 branches nationwide and over 2,500 employees. It is a full-service bank that supports New Zealanders doing extraordinary things as well as those who are opening their first bank account or buying their first home.
With products available for both personal and business use, Kiwibank offers loans, investment opportunities, credit cards, savings accounts and insurance, with Internet banking and live chat available online.
|Deposit size||Standard deposit is 20%, but in some cases a lower deposit is possible.|
|Payments||Most Kiwibank mortgages allow you to make extra repayments when you want.|
|Revolving credit||This mortgage is suitable for people with irregular income such as self-employed.|
|Interest security||A fixed-rate loan isn’t affected if interest rates rise, but with a variable loan, you pay less if interest rates fall.|
Kiwibank has four types of mortgage available: fixed-rate, variable-rate (also known as a floating rate), offset mortgage and revolving credit.
Kiwibank has mortgage experts that can make the application process simple. They are available in-branch, by phone or email, and can visit you at a convenient location. Using the dropdown form online, you can choose a consultant and the method of contact, eg phone or email. If you are a current Kiwibank customer and need to discuss a mortgage issue, you can contact the home loan team on 0800 000 654.
Head to Kiwibank’s website where you can fill in a home loan application form, which takes around 25 minutes to complete. Once the form is submitted, Kiwibank responds within 60 seconds with either a conditional pre-approval, subject to supporting evidence, or you are notified that your application has been referred to a loan specialist. You should make sure that you meet the eligibility criteria and have the appropriate documentation ready to go before applying.
To be eligible to apply for a Kiwibank mortgage you need to meet the following criteria:
To support your application for your Kiwibank home loan, you are asked to provide documentation to confirm your personal information. Be sure to have these ready to go when you apply.
Take the headache out of migration with these checklists and have a smart, stress free move.
Now that you’ve arrived in Australia, there are a few things you should organise to help you set up the internet, mobile phones and household utilities.
Having an Australian bank account is crucial in order to access and manage your funds in your new home country.
Take the stress out of relocating your life to Australia by discovering the ins and outs of finding somewhere to live when you arrive in Australia early.
Finance Bloom secured vehicle finance review. Find out about rates, features and more.
Finance Bloom secured personal loan review. Find out about rates, features and more.
Both buy now pay later plans and credit cards give you ways to pay off purchases over time – here’s how they compare.
Review the loan options at First Credit Union, a non-bank lender offering personal loans, debt consolidation, car and home loans.
Learn about the used car buying process, including what you need to check on the car and what financing options are available.
Find out how to transfer money from a credit card to your bank account, and what fees you might pay.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.