Kiwibank Home Loan – Loan details

Amount, $10 000 - $3 000 000 ;Term, 1 - 30 years

Loan amount $10,000 – $3,000,000
Interest from 5,75 %
Term 12 – 360 months
Approval 1 - 30 years

Pros

  • ✓ 100% NZ owned
  • ✓ Available at PostShop outlets nationwide
  • ✓ KiwiSaver first home withdrawal support
  • ✓ No early repayment fee on floating rate

Cons

  • ✗ 5-10 working days for full approval
  • ✗ Break fees on fixed rates
  • ✗ Investment property criteria stricter

Requirements

  • ✓ NZ citizen or permanent resident
  • ✓ 18 years or older
  • ✓ At least 5% deposit for owner-occupiers
  • ✓ Verified income
  • ✓ Valid NZ ID

Company information

Kiwibank Limited
Level 9/20 Customhouse Quay, Wellington 6011
https://www.kiwibank.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.