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 | |
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1 Year Fixed | 3.20% p.a. |
2 Year Fixed | 3.24% p.a. |
Variable | 4.95% 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 | |
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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.
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Terms and Conditions
First Home Loan eligibility applies. NBS’ current Loan Agreement Specific Terms and General Lending Terms are available free of charge from any NBS branch.
NBS lending criteria and the above terms apply. You will also need to have an NBS loan deduction account.