Home Loans
NBS Flexi Loan
Your home loan and transactional banking in one easy to manage account.
Pictured: Wayne Green | Wholemeal Cafe, Tākaka | NBS personal and business banking client
Simplify your finances by combining your home loan and transactional banking into one easy to manage account
You can draw funds up to your credit limit and repay funds at any time, giving you flexibility.
How an NBS Flexi Loan works
A maximum credit limit is applied to your NBS Flexi Loan (based on our lending criteria) that you can repay, redraw or reduce at a pace that suits your needs.
All borrowings are based on NBS’ current Flexi Loan variable interest rate and calculated daily (debited monthly). With this variable rate the interest charged on your NBS Flexi Loan can go up or down, depending on market changes.
You also have the flexibility to increase repayments whenever you like, or to make lump sum payments.
The NBS Flexi Loan has a maximum loan term of five years.
A debit balance on this account is eligible as part of the Depositor Compensation Scheme (DCS). Learn what other NBS accounts are eligible.Rates and fees
| NBS Home Loan rates | |
|---|---|
| 6 months fixed | 5.09% p.a. |
| 1 year fixed | 4.59% p.a. |
| 2 year fixed | 4.59% p.a. |
| Variable* | 6.49% p.a. |
| NBS Flexi Loan variable interest rate | 6.99% p.a. |
|
Interest rates are current as of 3 December 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 3 December 2025. Effective rate for existing clients from 19 January 2026. |
|
| NBS Flexi Loan fees | |
|---|---|
| EFTPOS withdrawal | $0.50 |
| Other bank ATM transaction fee | $1.50 |
| Manual transactions: includes staff assisted transactions and online banking transactions | $0.50 |
| Loan establishment fee | From $450.00 |
| Loan additional funds | $250.00 |
| Discharge mortgage fee | $50.00 |
| Default interest rate | 10.00% p.a. above interest rate |
| Default administration fee | $45.00 per event |
| Dishonour fee | $15.00 |
| Insurance arrears payment fee | $25.00 |
| Rates arrears payment fee | $25.00 |
| Motor vehicle security variation or security swap fee | $30.00 |
| Duplicate statement fee | $5.00 |
|
Fees are subject to change. |
|
Terms and Conditions
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.