Loans available
Here’s a brief summary of our main home loan options. As you’ll see, we offer plenty of flexibility and choice as well as some handy tools to help you find the loan that’s best for you. And remember, help is close at hand – just contact an ANZ Mobile Mortgage Manager or visit any ANZ branch.The best thing about an ANZ Fixed Rate Home Loan, is that you know exactly how much you have to pay each month. That means you can budget with confidence and know you’re protected from interest rate rises during the fixed rate term.
You also have some flexibility. For each year of your fixed rate term you can make extra payments (in addition to your regular fixed payments) of up to 5% of your loan balance (the balance at the start of the fixed rate term) up to a maximum of $10,000. Note that you may have to pay an early repayment fee if your extra payments go over this threshold.
To get an ANZ Fixed Rate Home Loan, a loan approval fee and a low equity fee may also apply.
ANZ Standard Variable Rate Home Loan
The best thing about an ANZ Standard Variable Rate Home Loan is its flexibility. You can make additional payments any time you like – plus you can ‘redraw’ any extra money you’ve paid on your loan by using ANZ Flexidraw. The minimum redraw amount is $1,000 and a redraw fee applies.
This loan is ideal if you often have extra cash you’d like to use to help pay it off. However, the interest rate may change, so it may not suit you if you’re on a tight budget or have other significant financial commitments.
To get an ANZ Standard Variable Rate Home Loan, a loan approval fee and a low equity fee may also apply.
ANZ FlexiPlus is an innovative way of thinking about home loans. It essentially provides you with credit – up to a set limit – at a competitive interest rate. You can access cash whenever you need it, just like you would with a transaction account. You use any extra money you have available to reduce your debt and save on interest.
With ANZ FlexiPlus and careful money management, you could pay off your home loan sooner than with other loans, while saving thousands of dollars in interest!
You'll get the best results from ANZ FlexiPlus if you have a good income, often have surplus money available and are a good money manager. It may not suit you if you think you’d be easily tempted to spend your available credit.
ANZ FlexiPlus has a monthly account administration fee. A loan approval fee and a low equity fee may also apply.
Want to work out how much you could save with ANZ FlexiPlus? Take a look at the ANZ FlexiPlus home loan planner to:
- find out if ANZ FlexiPlus suits your needs
- work out your budget and your surplus income
- track the results and savings you could achieve with ANZ FlexiPlus
- compare your ANZ FlexiPlus results with other home loan options
- print loan comparison reports and a budget summary.
You can get the best of both worlds with an ANZ Split home loan which puts some of your loan on a variable interest rate and the rest on a fixed rate. It’s a great balance of flexibility and security – and an increasingly popular option for New Zealand home owners.
Just talk to us about your needs – you can choose any combination of ANZ Fixed Rate, ANZ Standard Variable Rate and ANZ FlexiPlus Home Loans.
Loan selector
Want to find out which loan or combination of loans is best for your situation? Use our home loan selector to create a home loan package just for you!Home loan comparison table
Compare the different home loans we offer.
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ANZ lending criteria, terms and conditions and fees apply to all loans.
You can ask for more information, including full terms and conditions for all of ANZ's lending products and a current Disclosure Statement, published by ANZ National Bank Limited, at any ANZ branch.
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