BNZ Home Loan – Loan details

Amount, $10 000 - $2 500 000 ;Term, 6 months - 30 years

Loan amount $10,000 – $2,500,000
Interest from 5,89 %
Term 6 – 360 months
Approval 6 months - 30 years

Pros

  • ✓ TotalMoney offset facility
  • ✓ Flexi-home loan redraw option
  • ✓ Mobile mortgage managers
  • ✓ Transparent online loan tracking

Cons

  • ✗ Break fees on fixed rate loans
  • ✗ 5-10 working days for approval
  • ✗ 20% deposit required for investment properties

Requirements

  • ✓ NZ citizen or permanent resident
  • ✓ 18 years or older
  • ✓ At least 5-10% deposit
  • ✓ Verified income and employment history
  • ✓ Property valuation required

Company information

Bank of New Zealand
80 Queen Street, Auckland CBD, Auckland 1010
bnz.co.nz

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.nz is an independent comparison portal.