Product
Provider
Rate
Fee
Monthly repayment
NZ$2,820
NZ$495,252total interest
NZ$1,015,252total repaid
Estimate only. Assumes principal & interest, constant rate for full term.
The Co-operative Bank's Standard 1-year fixed rate serves borrowers outside the owner-occupied category, including property investors. While priced above the Owner Occupied tier, it remains competitive and benefits from the co-operative's member-first ethos.
For investors, the 1-year term provides a good balance between rate competitiveness and certainty. The Co-operative Bank's transparent fee structure and ethical approach make it an appealing alternative to the major banks for investment lending.