Residential Mortgage Interest Rates (20260622)
2026-06-22
The following information is current from Monday, 22nd June 2026 and is subject to change.
| Floating | Fixed 6 months |
Fixed 1 year |
Fixed 18 months |
Fixed 2 years |
Fixed 3 years |
Fixed 4 years |
Fixed 5 years | |
|---|---|---|---|---|---|---|---|---|
| Standard Interest Rate (% p.a.) | 7.00 | 5.38 | 5.58 | 5.68 | 5.88 | 6.18 | 6.48 | 6.68 |
| Special Interest Rate (% p.a.) * | 5.10* | 4.38* | 4.58* | 4.68* | 4.88* | 5.18* | 5.48* | 5.68* |
| Plus Home Loan Interest Rate (%p.a.) | 5.10 | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Plus Offset Home Loan Interest Rate (%p.a.) | 5.10 | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
General conditions that apply to all interest rates:
- * Special Interest Rate requires minimum 20% equity in the property provided to Bank of China (New Zealand) Limited ("BOCNZ") as security.
- Minimum lending of $500,000 (Effective from 9th October 2025).
- Maximum lending term of up to 30 years .
- Standard Interest Rate may be applied to lending for business or investment purposes.
- BOCNZ's lending criteria, terms, conditions, and fees apply. An early repayment adjustment may apply if you terminate an existing fixed interest rate period.
- Interest rates are subject to change or withdrawal at any time without prior notice. You should seek confirmation from us before you take out any home loan.
- You may be charged the default interest rate, which is the annual interest rate plus 5.00% p.a, if you do not pay amounts on your home loan when they are due.
- Plus home loan
- For lending over $1,200,000 can apply for Plus Home Loan.
- Maximum term is 25 years.
- Minimum amount is $50,000, maximum amount is 20% of the customer group total lending with Bank of China (New Zealand) Limited.
- Interest charges accrue daily on the outstanding balance and are charged to the Plus home loan account monthly
- No set monthly repayments.
- Plus Offset home loan
- For lending over $500,000 can apply for Plus Offset Home Loan.
- Minimum amount is $300,000.
- Loan term is up to 30 years.
- Choice of Principal and Interest or Interest-only repayment structure.
- Interest charges accrue daily on the net balance (being the Plus Offset home loan balance minus the offset savings account balance) and are charged to the nominated payment account monthly.
