Could this be a great home loan for you?
4.87%
per annum. 2 years fixed.
Plus, up to $5,000 cash back*
Do you want...
A great fixed home loan rate
We offer competitive rates, including our 4.87 % per annum 2 years fixed home loan rate.*
Flexible payments & redraws
Repay your home loan faster, pay less interest and redraw funds for what you need with our fixed rate Residental Redraw Home Loan.
A range of home loan options
Whether it’s your first home, you're downsizing or upsizing, building your dream house, buying an investment property or looking to switch providers, NBS can help.
Up to $5,000 cash back?*
Available to home loans of $250,000 or more, for a minimum loan term of 24 months. The cash back offer applies to new loan approvals.*
We can help.
How does the cash back work?
- This is available to home loans of $250,000 or more, for a minimum loan term of 24 months.
- The cash back offer applies to new loan approvals from 26 August 2025. Existing lending is not eligible.
- The cash back amount is calculated as 0.9% of the total amount loaned on eligible products, up to maximum $5,000.
- Residential lending products are eligible. The offer does not apply to business or commercial lending.
- The cash back payment is paid to the borrower’s NBS bank account when the lending is drawn down.
- This is a limited offer that NBS can withdraw at any time without notice.
- All home loans are subject to lending criteria, terms, and fees.
- Cash back repayment terms apply. If you fully repay your lending in less than two years, you’ll need to repay all or some of the cash back based on the table below.
How much of the cash back will I need to repay if I pay my loan off early or change banking providers?
|
Date on which lending is fully repaid |
Percentage of the cash back to be repaid to NBS |
| Up to but not including one year after the draw down date | 100% |
|
Between one year and up to but not including two years after the draw down date |
50% |
| Two years or more after the draw down rate | 0% |
Unlike others, we can do a fixed rate with flexible payments and redraws with our Residential Redraw product.
Fill in the form below to talk to our team of lending specialists, or give us a call on 0800 101 700 to find out how we can help.
What is a Residential Redraw home loan?
The fixed rate home loan with flexibility.
Our Residential Redraw product is available as a fixed rate home loan and allows you to pay additional sums of money over and above your minimum required repayments. It also offers the ability to ‘redraw’ all or some of these additional sums should you need them.
You could:
- Repay your home loan faster by paying over and above your minimum required amount.
- Pay less interest: the more you pay in and the less you withdraw, the lower your interest charges.
- Redraw funds for what you need, for example those unexpected bills or big-ticket items.
- Potentially take a break from scheduled payments.
You can:
- Choose monthly, fortnightly or weekly repayments.
- Make additional lump sum repayments or regularly pay more than your minimum required repayment.
- Redaw funds when you need them from surplus funds (minimum of $1,000 per withdrawal and a maximum of two withdrawals per month).
- Choose up to a maximum term of 30 years.
Talk to one of our qualified lenders today to find out if the Residential Redraw home loan is right for you.
Not sure the Residential Redraw product is for you but still want to take advantage of a great rate and up to $5,000 cashback?
If you like the rate, but think that the NBS Residential Redraw product isn't the right one for you, we have other home loan options you can take advantage of.
Rates and Fees
| NBS Home Loan Rates | |
|---|---|
| 6 Months Fixed | 5.24% p.a. |
| 1 Year Fixed | 4.89% p.a. |
| 2 Year Fixed | 4.87% p.a. |
| Variable* | 6.79% p.a. |
| NBS Flexi Loan variable interest rate | 7.04% p.a. |
|
Interest rates are current as of 26 August 2025 and subject to change at any time without notice. NBS lending criteria and specific terms and conditions apply. Margins, discounts and fees may apply. For new loans or refixes, rate may be subject to change prior to drawdown. NBS home loan rates are available for residential owner-occupied or investment property loans only. * Effective rate for new clients 26 August 2025. Effective rate for existing clients from 13 October 2025.
|
|
*Terms and Conditions: Cash back applies to new home loan approvals to eligible clients from 26 August 2025. Minimum borrowing of $250,000. Cash back up to $5,000 on eligible products. Limited offer that NBS can withdraw at any time without notice. Cash back repayment terms apply. NBS eligibility criteria apply. Interest rates are subject to change at any time. Fees may apply. NBS home loan rates are available for residential owner-occupied or investment property loans only. Terms and conditions, fees and lending criteria applies. NBS is not a registered bank.
Hear from some of our home loan clients
Dean and Purdie | Nelson
It was an easy choice when it came to their home loan. NBS made it easy every step of the way. Now there are three generations of Campbell's with NBS.
Wayne | Tākaka
Wayne and Aydee (father and daughter) talk about Wayne's home by the bay, and the peace of mind NBS home lending offers.
The Inghams | Richmond
Find out how Tom and Lucy, with the help of Mum and Dad, are working towards getting on the property ladder.
NBS Community Banking
We Believe. We Invest.
Figures correct as of 31 March 2024.