Kiwibank

Kiwibank Home Loans

100% NZ Owned

Compare Kiwibank mortgage rates, products, and features. New Zealand's homegrown bank with competitive rates.

100% New Zealand Owned

Owned by NZ Post, ACC, and NZ Super Fund. Your money stays in NZ.

Current Kiwibank Mortgage Rates

Updated January 2026

TermRatevs Market
Floating7.90%Lowest
6 months6.69%Low
1 year6.19%Low
2 years5.89%Low
3 years5.79%Lowest
5 years5.99%Low

Kiwibank Home Loan Features

Lowest Floating Rate

Kiwibank consistently offers the lowest floating rate in the NZ market.

Offset Account

Link your savings to reduce the balance you pay interest on.

PostShop Access

Bank at PostShop locations nationwide - convenient for many Kiwis.

First Home Support

First Home Loan options with 10% deposit, plus First Home Grant support.

Kiwibank Pros & Cons

Pros

  • +100% NZ owned - money stays local
  • +Often lowest floating rates
  • +Competitive fixed rates
  • +Good offset account
  • +PostShop access nationwide

Cons

  • -Fewer branches than big banks
  • -Processing can be slower
  • -Less cashback offers than competitors

Kiwibank FAQs

What are Kiwibank's current mortgage rates?

Kiwibank's current rates: 2-year fixed at 5.89%, 3-year fixed at 5.79%, floating at 7.90%. Kiwibank often has the lowest floating rate in the market.

Is Kiwibank NZ owned?

Yes, Kiwibank is 100% New Zealand owned through NZ Post, ACC, and the NZ Superannuation Fund. Your money stays in NZ.

Does Kiwibank have an offset account?

Yes, Kiwibank offers offset accounts that link your savings to reduce the mortgage balance you pay interest on.

What makes Kiwibank different from other banks?

Kiwibank is NZ owned, often has the lowest floating rates, and operates through PostShop locations nationwide. They're known for competitive pricing.

Compare Kiwibank With Other Banks

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

Compare All Banks