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ANZ Home Loan – Loan Review

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Amount, $50 000 - $1 000 000 ;Term, 1 - 30 years

Amount $50,000 – $1,000,000
Rate from 5,99 %
Term 12 – 360 months
Approval 1 - 30 years
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ANZ Home Loan

ANZ offers home loans for owner-occupiers and investors across New Zealand. Fixed rates are available from 6 months to 5 years, with a floating rate option for flexibility. Fixed rates start from 5.99% p.a. as of 2025 – the actual rate depends on your LVR, property type and financial position.

Applications can be started online or in-branch, with pre-approval available for auction buyers. Full approval typically takes 5-10 working days. An ANZ home loan specialist guides you through each step.

Low deposit options are available for first home buyers with as little as a 5% deposit, subject to conditions. ANZ also offers an Offset account to reduce interest costs.

✓ Pros

  • Pre-approval available
  • Offset mortgage option
  • First home buyer support
  • No early repayment fee on floating rates

✗ Cons

  • Fixed rate break fees may apply
  • 5-10 working days for full approval
  • Low deposit loans have stricter criteria

Loan Example

Example: $500,000 over 25 years at 6.29% p.a. (floating) = approx. $3,345/month.

Loan Requirements

  • ✓ NZ citizen, permanent or temporary resident
  • ✓ Minimum 5% deposit
  • ✓ Steady income verified by payslips or tax returns
  • ✓ Property valuation required
  • ✓ 18 years or older

Loan Features

  • Online loans up to $1 000 000
  • Term 1 - 30 years

Frequently Asked Questions

1 - 30 years after submitting your application.

The minimum amount at ANZ Home Loan is $50,000.

Yes, ANZ Home Loan offers an online application process. Visit their website to apply.