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 May 2026
| Term | Rate | vs Market |
|---|---|---|
| Floating | 5.75% | Carded |
| 6 months | 4.49% | Special |
| 6 months | 5.39% | Carded |
| 1 year | 4.75% | Special |
| 1 year | 5.65% | Carded |
| 2 years | 5.29% | Special |
| 2 years | 6.19% | Carded |
| 3 years | 5.55% | Special |
| 3 years | 6.35% | Carded |
| 4 years | 5.89% | Special |
| 4 years | 6.59% | Carded |
| 5 years | 5.99% | Special |
| 5 years | 6.69% | Carded |
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 carded rates change frequently. See our snapshot at /api/lender/kiwibank/summary.md for current numbers across all terms, and confirm directly with Kiwibank before applying.
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.
Next step
Compare Kiwibank against other big-5 lenders, or visit Kiwibank directly to apply.
Important: how to read this information
This website is operated by Evolve Group Limited (FSP711891), a Licensed Financial Advice Provider regulated by the Financial Markets Authority (NZ). The information published here is general in nature and is not personalised financial advice. For personalised advice that takes your circumstances into account, request to be matched with one of our licensed mortgage advisers via the enquiry form.
Rate accuracy. The Kiwibank rates shown here were observed at 21 May 2026, 12:27 pm from Kiwibank's published carded-rate page. If Kiwibank has updated their rates since that timestamp, the authoritative source is the lender's page (linked), not our derived figure. Carded rates are advertised rates — the rate you ultimately receive depends on your application, including your LVR, income, credit profile, and any negotiation conducted by a licensed mortgage adviser.
CCCFA + Responsible Lending Code. Final lending decisions are made by the lender under the Credit Contracts and Consumer Finance Act 2003 and the MBIE Responsible Lending Code. Lenders apply servicing-test rates (typically around 8% post-2023), debt-to-income caps (RBNZ DTI 6× owner-occupier / 7× investor from 2024), and Loan-to-Value Ratio limits. Carded rates are not an offer or a pre-approval.
Disputes. If you have a complaint about advice received through this site, contact Financial Services Complaints Limited (FSCL) on 0800 347 257 or info@fscl.org.nz.
Site operated by Evolve Group Limited, FSP711891.
Rates snapshot generator: scripts/snapshot-lenders.mjs.
Machine-readable snapshot: /api/rates/facts.json.