Residential Mortgage Interest Rates (20190822)
2019-08-22
The following information is current from Thursday, 22 August 2019 and is subject to change.
You should seek confirmation of interest rates from Bank of China (New Zealand) Limited ("BOCNZ") before you take out any home loan.
| Floating | Fixed 6mth |
Fixed 1yr |
Fixed 18mth |
Fixed 2yrs. |
Fixed 3yrs. |
Fixed 4yrs. |
Fixed 5yrs. | |
|---|---|---|---|---|---|---|---|---|
| Standard interest rate (% p.a.) | 5.75 | 5.15 | 5.25 | - | 5.35 | 5.50 | 5.70 | 5.99 |
| Special interest rate (% p.a.) | 5.09 | 3.99 | 3.50 | 3.70 | 3.55 | 3.79 | 4.35 | 4.45 |
Conditions that apply to all special interest rates: BOCNZ fixed home loan special interest rates require a minimum of 20% equity in the security property provided to BOCNZ. These special rates are also subject to the general conditions listed below.
General conditions that apply to all interest rates: Interest rates are subject to change or withdrawal at any time without prior notice. BOCNZ's lending criteria, terms, conditions and fees apply. An early repayment adjustment may apply if you break an existing fixed interest rate period.
