ASB

ASB Home Loans

Competitive rates & innovation

Compare ASB mortgage rates, products, and features. Known for competitive pricing and digital innovation.

Current ASB Mortgage Rates

Updated January 2026

TermRatevs Market
Floating8.14%Low
6 months6.79%Low
1 year6.19%Low
2 years5.89%Low
3 years5.79%Low
5 years5.99%Low

ASB Home Loan Features

ASB Orbit

Offset your savings against your mortgage to reduce interest charges. Works with floating rate.

Back My Build

Lock in your fixed rate before construction starts. Unique protection from rate rises.

FastTrack Pre-approval

Quick online pre-approval process for existing ASB customers.

Digital Tools

Industry-leading mobile app with mortgage management features.

ASB Pros & Cons

Pros

  • +Often the lowest rates in market
  • +Excellent mobile banking app
  • +Back My Build construction loan
  • +Good offset account (Orbit)

Cons

  • -Smaller branch network than ANZ
  • -Some fees can apply
  • -Stricter lending criteria at times

ASB FAQs

What are ASB's current mortgage rates?

ASB's current rates: 2-year fixed at 5.89%, 3-year fixed at 5.79%, floating at 8.14%. ASB often has some of the most competitive rates in the market.

What is ASB Back My Build?

Back My Build is ASB's construction loan product that lets you lock in your fixed rate before construction starts, protecting you from rate rises during the build.

Does ASB have an offset account?

Yes, ASB Orbit is their offset account product. Your savings balance reduces the mortgage principal you pay interest on, potentially saving thousands.

Can first home buyers get special rates at ASB?

Yes, ASB offers first home buyer packages including 10% deposit loans, First Home Grant support, and sometimes special rate discounts.

Compare ASB With Other Banks

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

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