Product
Provider
Rate
Fee
Repayment calculator
NZ$
%
Monthly repayment
NZ$2,663
NZ$438,552total interest
NZ$958,552total repaid
Estimate only. Assumes principal & interest, constant rate for full term.
About Special Fixed 1 Year
Westpac's Special Fixed 1 Year rate is one of their flagship mortgage products, typically offering a significant discount over their standard 1-year rate. Combined with Westpac's cashback incentive, it's one of the strongest offers in the New Zealand market.
To qualify for special rates, borrowers typically need to meet minimum equity or loan size requirements. The 1-year term is New Zealand's most popular, and Westpac prices this aggressively to attract new business. A strong choice for first-home buyers and refinancers.