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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
https://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.