Go from blueprint to build

With our floating rate discount for new build homes, see how we can help you go from blueprint to build.

If you have the plans, we have the rate

Total floating rate for new build homes

Rate is unavailable


Get a 2.76% p.a. discount off the ANZ Home Loan floating rate for 2 years when building or buying a newly built home.

The discount will be available on loans to build if you're an owner occupier or residential investor building a new home or purchasing a turnkey property.

Floating rates and offer can change at any time.

How it works

The floating rate discount is available on home loans drawn down on or before 30 June 2023. It will apply from your initial drawdown (or the date that you move your home loan onto the discounted rate) and lasts for two years. After two years, the discount will drop off and the standard ANZ Home Loan floating rate will apply.

You can fix the interest rate on your loan at any time, however if you do, you will not be able to revert back to the discounted floating interest rate.

The discount does not apply to renovations, vacant land purchases, commercial property or to property developers.

You could also be eligible for a $3,000 cash contribution

If you’re a first home buyer or building a home with a Homestar rating of 6 or higher you could get a $3,000 cash contribution, as long as you keep your home loan with ANZ for at least three years.

Frequently asked questions

This offer is a discount off our standard ANZ Home Loan floating rate. If that floating rate increases or decreases, the discount remains the same, but the total rate applying to the loan will move up or down line with the changes.

For example, if the floating rate increases by 0.25% p.a, the total rate on the loan will also increase by 0.25% p.a.

Yes, this offer is available for both owner occupiers and residential investors that are building a new home or purchasing a turnkey property.

No, this offer is for new builds or turnkeys only.

Yes, if you purchase the property from the developer within six months of the build being completed (date that the Code Compliance Certificate is issued), and it has never been occupied, you will be entitled to the floating rate discount.

Yes, houses built under the government’s KiwiBuild programme are eligible.

Yes, for new builds and purchases of turnkeys that meet criteria. Low Equity Premium will apply.

Yes, you will have the option to move to a fixed rate on your loan at any time after you have drawn down your loan. However, if you choose to move to a fixed rate you cannot revert back to the discounted floating rate.

If you haven’t fully drawn down your current ANZ home loan to build you can restructure your loan to take advantage of the discounted floating rate offer. If you have a fixed interest rate on your loan, then an Early Repayment Recovery may apply if you choose to change rates.

No. If your build contract requires you to make progressive payments during the build, the two year period for the floating rate discount will start from the date of the first drawdown of your loan and only apply for two years from that date.

For example, if your final drawdown is made one year after your first drawdown, you will only get the discounted rate for one year on the final drawn down amount.

No, not unless the top up is required to complete the build and obtain Code Compliance Certificate.

Building and renovating toolkit

How to apply

From overseas: +64 4 470 3165

Important information

Lending and eligibility criteria, terms, and fees apply. Rate and offer subject to change. Discount is only available for loans drawn down on or before 30 June 2023 and lasts for 2 years (after 2 years, discount drops off and standard ANZ Home Loan floating interest rate applies). You must have an ANZ transaction account with your salary direct credited. Discount isn’t available in conjunction with package discounts or other Home Loan offers.

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 269 296, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure