# ANZ mortgage rates: fixed and floating home loan rates

> ANZ's home loan rates for all fixed terms and floating, checked on its website on 11 November 2026. The 1-year rate is 4.99%. Compare them with the other main banks.

By Jason Dark, last checked 2026-11-11. Part of [Mortgage rates](https://buyingahouse.co.nz/mortgage-rates) on Nester.

## The short version

- ANZ offers a 1-year fixed rate of 4.99% and a floating rate of 6.29%.
- To get ANZ's special rates, you need at least 20% equity and your salary paid into an ANZ account.
- ANZ has the lowest rate among the main banks for the 6-month, 1-year and 3-year terms.

These home loan rates are from ANZ's website, checked on 11 November 2026. ANZ says they were last updated on 30 September 2026.

## ANZ fixed rates

- 6 months: 4.79% special, 5.39% standard
- 1 year: 4.99% special, 5.59% standard
- 18 months: 5.29% special, 5.89% standard
- 2 years: 5.35% special, 5.95% standard
- 3 years: 5.59% special, 6.19% standard
- 4 years: no special, 6.39% standard
- 5 years: no special, 6.49% standard

To get the special rates, you need at least 20% equity and your salary paid into an ANZ account. If you don't meet these conditions, ANZ charges its standard rates.

## ANZ floating rate

ANZ's floating rate is 6.29%. With a floating rate, you can pay extra or pay off the loan at any time, but it usually costs more than a fixed rate.

## Less than 20% equity

If you have less than 20% equity, ANZ charges its standard rates plus a one-off low equity premium on the loan: 0.25% for [LVRs](https://buyingahouse.co.nz/glossary/lvr) of 80% to 85%, 0.75% for 85% to 90% and 2.00% for 90% to 95%. You can pay the premium upfront or add it to your loan. The [First Home Loan guide](https://buyingahouse.co.nz/buying/first-home-grant) explains how to buy with a smaller deposit.

## How ANZ compares

- 6 months: 4.79%, the lowest, tied with ASB and BNZ
- 1 year: 4.99%, the lowest, tied with ASB and BNZ
- 18 months: 5.29%, 0.10 points above 5.19% at Westpac
- 2 years: 5.35%, 0.06 points above 5.29% at Westpac
- 3 years: 5.59%, the lowest, tied with ASB, BNZ, Westpac and Kiwibank
- 4 years: 6.39%, 0.74 points above 5.65% at ASB, BNZ and Westpac
- 5 years: 6.49%, 0.74 points above 5.75% at ASB, BNZ and Westpac

The [mortgage rates comparison](https://buyingahouse.co.nz/mortgage-rates/compare) shows each bank's rate for every term.

## Repayments at ANZ's 1-year rate

On a $630,000 loan over 30 years at 4.99%, the fortnightly repayment is $1,558.38. $630,000 is about the national median house price less a 20% deposit. Use the [mortgage calculator](https://buyingahouse.co.nz/tools/mortgage-repayments?rate=4.99) to see your own repayments at this rate.

## Common questions

### What are ANZ's mortgage rates?

ANZ offers a 1-year fixed rate of 4.99% and a floating rate of 6.29%. Its fixed rates range from 4.79% to 6.49%, depending on the term. These rates were checked on 11 November 2026.

### What does ANZ charge if I have less than a 20% deposit?

If you have less than 20% equity, ANZ charges its standard rates plus a one-off low equity premium on the loan: 0.25% for LVRs of 80% to 85%, 0.75% for 85% to 90% and 2.00% for 90% to 95%. You can pay the premium upfront or add it to your loan.

## Sources

- [ANZ: Home loan rates](https://www.anz.co.nz/rates-fees-agreements/home-loans/)
- [ANZ: Sample home loan summary](https://www.anz.co.nz/content/dam/anzconz/documents/rates-fees-agreements/home-loans/ANZ-home-loan-summary-sample.pdf)