Home Loans Star Ratings
10 loans rated 5 stars
across 58 loans from 10 providers
Loans assessed across:
- Investment Fixed
- Investment Floating
- Line of Credit
- Residential Fixed
- Residential Floating
5 star providers are:
- ANZ
- ASB
- BNZ
- Kiwibank
- Sovereign
Current highest, lowest & average home loan rates on canstar.co.nz – Residential
Fixed rate – number of years |
||||||
| Standard Variable | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
| Average | 5.62% | 4.53% | 4.64% | 4.89% | 5.09% | 5.21% |
| Min | 5.45% | 4.15% | 4.25% | 4.64% | 4.89% | 4.99% |
| Max | 5.85% | 4.85% | 4.99% | 5.25% | 5.35% | 5.40% |
Source: www.canstar.co.nz. Based on $300,000 home loan.
Current highest, lowest & average home loan rates on canstar.co.nz – Investment
Fixed rate – number of years |
||||||
| Standard Variable | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
| Average | 5.66% | 4.53% | 4.64% | 4.89% | 5.09% | 5.21% |
| Min | 5.45% | 4.15% | 4.25% | 4.64% | 4.89% | 4.99% |
| Max | 6.09% | 4.85% | 4.99% | 5.25% | 5.35% | 5.40% |
Source: www.canstar.co.nz. Based on $300,000 home loan.
How much could you save by shopping around? Based on a 25 year, $300,000 loan, every 25 basis point reduction could save you around $45 per month…
| Interest rate | Monthly repayment |
| 4.25% | $1,625 |
| 4.50% | $1,667 |
| 4.75% | $1,710 |
| 5.00% | $1,754 |
| 5.25% | $1,798 |
| 5.50% | $1,842 |
| 5.75% | $1,887 |
| 6.00% | $1,933 |
Type of home loan CANSTAR visitors look for:
20% - Floating rate
17% - 1 year fixed rate
23% - 2 year fixed rate
17% - 3 year fixed rate
13% - 5 year fixed rate
Based on analysis of visitors to canstar.co.nz home loan selector tables in March 2016.
What CANSTAR visitors search when they look for a loan:
43.5% - First Home Buyer
45.0% - Refinance
7.0% - Investor
4.5% - Building
Based on analysis of approx. 13,000 visitors to canstar.co.nz home loan selector tables over past 12 months.
5-Star Award Winners
