You could combine the different loan types to suit your needs. For example:
If you want certainty around your budget each month but think you’ll have a bit of extra cash in the future (e.g. a bonus), you could fix most of your loan and leave the rest floating. You could then use any extra cash to make a lump sum payment on the floating loan for no fee.
If you’re concerned about interest rates changing, you could split your loan across floating and fixed, or across different fixed-rate periods.
You may want to have part of your home loan as a flexible loan so you have access to credit when you need it, e.g. if you are doing renovations.
We can explain all the options and help you decide which is best for you – contact us now.
ANZ Healthy Homes
In addition to ANZ home loans we have a range of initiatives to help you into a home that’s healthier, more energy efficient and environmentally sustainable, including:
Special package discounts for homes with a 6 Homestar rating or higher
Interest-free home loan top ups for home insulation
HomeFit to check if your home is warm, safe and dry.
ANZ lending criteria, terms, conditions, and fees apply. Interest rates and fees are subject to change.
A copy of the Bank's General Disclosure Statement under the Reserve Bank of New Zealand Act 1989 is available on this website or on request from any ANZ branch, free of charge.
This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product. An ANZ Authorised Financial Adviser will, on request and free of charge, provide you with his or her disclosure statement prepared under the Financial Advisers Act 2008. If you wish to consult one of ANZ's financial advisers, please contact us on 0800 269 296.