Kiwibank mortgage rates: fixed and floating home loan rates

These home loan rates are from Kiwibank's website, checked on 11 November 2026.

Kiwibank fixed rates

• 6 months: 4.85% special, 5.75% standard
• 1 year: 5.15% special, 6.05% standard
• 2 years: 5.39% special, 6.29% standard
• 3 years: 5.59% special, 6.39% standard
• 4 years: 5.79% special, 6.49% standard
• 5 years: 5.89% special, 6.59% standard

To get the special rates, you need at least 20% equity or a First Home Loan. If you don't meet these conditions, Kiwibank charges its standard rates.

Kiwibank floating rate

Kiwibank's floating rate is 6.25%. 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 and no First Home Loan, Kiwibank charges its standard rates. The First Home Loan guide explains how to buy with a smaller deposit.

How Kiwibank compares

• 6 months: 4.85%, 0.06 points above 4.79% at ANZ, ASB and BNZ
• 1 year: 5.15%, 0.16 points above 4.99% at ANZ, ASB and BNZ
• 2 years: 5.39%, 0.10 points above 5.29% at Westpac
• 3 years: 5.59%, the lowest, tied with ANZ, ASB, BNZ and Westpac
• 4 years: 5.79%, 0.14 points above 5.65% at ASB, BNZ and Westpac
• 5 years: 5.89%, 0.14 points above 5.75% at ASB, BNZ and Westpac

The mortgage rates comparison shows each bank's rate for every term.

Repayments at Kiwibank's 1-year rate

On a $630,000 loan over 30 years at 5.15%, the fortnightly repayment is $1,586.91. $630,000 is about the national median house price less a 20% deposit. Use the mortgage calculator to see your own repayments at this rate.

Common questions