Rating based on 53 reviews

Kiwibank Home Loan


  • Home loans up to $50,000
  • Low-interest starting from 12.99%
  • Repayment up to 7 years

In-page navigation

Kiwibank homepage

Author Kiwibank. Screenshot of Kiwibank website. [Accessed September 3, 2021]

About Kiwibank

Kiwibank was launched in 2002 with the goal of offering a speedy and flexible banking alternative.

We opened our offices in PostShops in order to be close to our customers and to be at their disposal for longer during the day. Just over a decade later, we have over 800,000 satisfied clients and their number is constantly growing. We have over 250 offices in PostShops. We have a vast ATM network.

We provide a complete range of banking products

Our core areas of operation include personal and business loans and international services. Modern technology is deeply integrated into our customer service. We offer internet, telephone and mobile banking plus email and text alerts and online and email statements. We hold various awards for value banking and innovation.

Kiwibank Services

The Kiwibank home loan comes with a money-saving guarantee on the overall cost of the loan over the first 6 years compared to an equivalent product from any other bank with branches across the whole of New Zealand.

If you find a better alternative, we will beat the difference. In addition to our specially designed home loan, we offer Welcome Home Loans which are intended for first home buyers.

We customize your loan fully

You can choose a variable, capped variable or fixed interest rate. We offer three main repayment structures which are a table, interest-only and revolving credit. You are invited to work with one of our specialists to decide on the best interest rate and repayment options for you.

Kiwibank Home loan

  • Loan Type Home loans
  • Interest Rate 12.99 – 18.95% p/a
  • Loan Amount up to $50,000
  • Repayment 6 months to 7 years

Benefits of Kiwibank

  • Quick online loan applications
  • Variable home loan rates
  • Conveniently make additional payments

Quick & easy online application; we like to make it convenient for our clients

Kiwibank in Wellington offers A Welcome Home Loan that can get you into your first home with just 10% savings. There are points of confinement on the amount you can gain and the amount you can obtain.

You can, in any case, pick how to structure your advance — with an altered rate, a variable rate, a counterbalance contract or a combo of these. We were the first New Zealand bank to offer the Welcome Home Loan, and we're focused on keeping on helping Kiwis into their first homes.

Flexible home loans for unique needs

Apply even if your pay is not exactly $80,000 a year — or not exactly $120,000 a year in case you're purchasing a house with another person. The sum you can acquire relies on where you live; different areas qualify for different rates. You'll have to live in the home you purchase — you can't utilize a Welcome Home Loan unless you officially own a home or to purchase a property. You may need to pay a low charge — this is a settled sum that is worked out taking into account the amount of savings you have.

We will make it simpler to get your home

You can pay it in advance or add it to your mortgage. Purchasing your first home can be a mind-boggling and stressful experience. We've had a process in place that will make it simpler to get your home and your loan sorted with no hassles at all!

Should you purchase our own home or lease a home?

We Look at the upsides and downsides of purchasing versus leasing. We can discuss the benefits of owning your own home with you. Our experienced staff are always on have to advise and assist you. When looking for that ideal home, make an offer when you see a good deal up front. This is your opportunity to grab the best deal while the offer is still hot! Discover how home advances work and which one is a good fit for you and apply for your loan online today.

Customer Reviews & Testimonials

Normally I would be annoyed with the fact that there aren't many branches close by, but Kiwibank's online access makes up for that. I can handle my financial affairs anywhere I'd like.

Darren B
— Dunedin —

Great range of offers, and top of the range customer service.

Paul M
— Queenstown —

Kiwibank Contact

Physical Address

Postal Address

  • Kiwibank Limited Private Bag 39888 Wellington Mail Centre, Lower Hutt, 5045, New Zealand

Opening Hours

  • Monday 08:30 – 17:30
  • Tuesday 08:30 – 17:30
  • Wednesday 08:30 – 17:30
  • Thursday 08:30 – 17:30
  • Friday 08:30 – 17:30
  • Saturday 09:00 – 17:00
  • Sunday 10:00 – 16:00