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Last Article Uploaded: Friday, February 20th, 6:50PM

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Another non-bank targets prime loans; BNZ makes some moves

Wednesday, October 10th 2018, 10:02AM

Non-bank lender Basecorp Finance has launched a new prime offering for mortgage borrowers, as alternative lenders continue to take market share from the big banks. [READ ON]

BNZ has cut fixed rates across its card today, but there's nothing earth-shattering. The most competitive is arguably its two-year Special. Here's the rates table sorted on that term.

« What's happening in vehicle finance?Sept sales plummet; Finance Minister talks tax changes »

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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 3.29 3.99 - -
AIA - Back My Build 3.34 - - -
SBS Construction lending for FHB 3.74 - - -
CFML 321 Loans 3.95 - - -
Co-operative Bank - Owner Occ 4.99 4.49 4.89 5.19
Co-operative Bank - Standard 4.99 4.99 5.39 5.69
Heartland Bank - Online 5.30 5.89 - -
ICBC 5.39 4.25 4.59 4.79
Kiwibank 5.65 5.39 5.79 6.05
Kiwibank - Offset 5.65 - - -
Kainga Ora 5.69 4.49 4.49 4.79
Lender Flt 1yr 2yr 3yr
ANZ 5.79 5.09 5.49 5.79
ASB Bank 5.79 4.59 4.95 5.19
TSB Special 5.79 4.39 4.89 5.15
Unity Special 5.79 4.49 4.69 -
Unity Standard 5.79 5.29 5.49 -
SBS Bank 5.84 5.09 5.49 5.75
BNZ - Std 5.84 4.49 4.69 5.09
AIA - Go Home Loans 5.89 4.59 4.95 5.19
Westpac 5.89 5.09 5.49 ▼5.59
Westpac Offset 5.89 - - -
BNZ - Mortgage One 5.94 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Rapid Repay 5.94 - - -
BNZ - TotalMoney 5.94 - - -
Pepper Money Prime 5.99 - - -
Westpac Choices Everyday 5.99 - - -
CFML Home Loans 6.05 - - -
Wairarapa Building Society 6.15 4.59 4.79 -
Kiwibank Special 6.15 4.49 4.89 5.25
CFML Prime Loans 6.25 - - -
Avanti Finance - Near Prime 6.35 - - -
Basecorp Finance 6.35 - - -
China Construction Bank 6.44 4.85 4.95 4.95
Lender Flt 1yr 2yr 3yr
China Construction Bank Special 6.44 5.85 5.95 5.95
First Credit Union Standard 6.49 5.39 5.55 -
Pepper Money Near Prime 6.55 - - -
TSB Bank 6.59 5.19 5.69 5.95
Liberty 6.65 6.55 6.22 6.20
CFML Standard Loans 6.95 - - -
Nelson Building Society 6.99 4.59 4.67 -
ANZ Blueprint to Build 7.39 - - -
Heretaunga Building Society 7.45 5.90 5.80 -
Avanti Finance - Specialised 7.55 - - -
Credit Union Auckland 7.70 - - -
Lender Flt 1yr 2yr 3yr
SBS Unwind reverse equity 7.99 - - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Pepper Money Specialist 8.00 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 4.49 4.69 5.19
SBS Bank Special - 4.49 4.89 5.15
ASB Better Homes Top Up - - - 1.00
SBS FirstHome Combo - - - -
Unity First Home Buyer special - 3.99 - -
Westpac Special - 4.49 4.89 ▼4.99
Co-operative Bank - First Home Special - 4.39 - -
Lender Flt 1yr 2yr 3yr
First Credit Union Special - 4.79 4.95 -
Kainga Ora - First Home Buyer Special - - - -
Median 5.94 4.59 4.95 5.19

Last updated: 20 February 2026 5:03pm

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