ANZ

ANZ Home Loans

New Zealand's largest bank

Compare ANZ mortgage rates, products, and features. Australia and New Zealand Banking Group.

Current ANZ Mortgage Rates

Updated January 2026

TermRatevs Market
Floating8.34%Standard
6 months6.89%Average
1 year6.29%Average
2 years5.99%Average
3 years5.89%Average
5 years6.09%Average

ANZ Home Loan Features

ANZ Blueprint to Build

Construction loan with progressive drawdowns. Only pay interest on funds drawn.

ANZ Offset

Link savings to your mortgage to reduce interest. Available with floating rate.

First Home Buyer Package

10% deposit options, cashback offers, and dedicated support for first home buyers.

Extra Repayments

Up to 5% extra per year on fixed rates. Unlimited on floating.

ANZ Pros & Cons

Pros

  • +Largest branch network in NZ
  • +Strong digital banking app
  • +Good offset account options
  • +Regular cashback promotions

Cons

  • -Rates not always the lowest
  • -Application fees apply
  • -Can be slower to process

ANZ FAQs

What are ANZ's current mortgage rates?

ANZ's current rates: 2-year fixed at 5.99%, 3-year fixed at 5.89%, floating at 8.34%. Rates change frequently - contact ANZ for the latest.

Does ANZ offer cashback for new mortgages?

Yes, ANZ periodically offers cashback deals for new lending and refinancing. Current offers typically range from $2,000-$5,000 depending on loan size.

Can I get a low deposit home loan with ANZ?

Yes, ANZ offers First Home Loans with 10% deposit for qualifying first home buyers. They also support Welcome Home Loans and family guarantee arrangements.

What fees does ANZ charge for mortgages?

ANZ typically charges a $250-$300 application fee, plus legal costs. There may be low equity margins (LEMs) for loans above 80% LVR.

Compare ANZ With Other Banks

See how ANZ rates stack up against ASB, BNZ, Westpac & Kiwibank

Compare All Banks