Gets you on the property ladder sooner, without having to wait until you have saved a large deposit.
Getting a deposit together can be the hardest part of buying your first home.
You may be able to do it with a 5% deposit through Kāinga Ora - Homes and Communities (formally Housing New Zealand).
If you are interested in a First Home Loan discuss your requirements with our lending specialists.
Further information from Kāinga Ora can be found below.
|NBS Home Loan Rates|
|1 Year Fixed||2.99% p.a.|
|2 Year Fixed||3.24% p.a.|
|NBS Flexi Loan - Interest rates start from||4.95% p.a.|
Interest rates are subject to change.
|NBS Residential Term, Residential Redraw, NBS Interest Only|
|Loan Establishment Fee||From $400.00|
|Interest Rate Review||From $150.00|
|Discharge Mortgage Fee||$130.00|
|Default Interest Rate||4.00% p.a. above annual interest rate|
|Default Administration Fee||$100.00|
|Insurance Arrears Payment Fee||$15.00|
|Rates Arrears Payment Fee||$25.00|
|Motor Vehicle Security Variation/Security Swap Fee||$30.00|
|Duplicate Statement Fee||$15.00|
|Early Repayment Adjustment||$500.00 (minimum charge)|
|Early Repayment Administration Cost||$100.00|
Fees are subject to change.