Heartland Home Loans are no longer available to new customers
Our mortgage rates
The following rates are available for our existing customers.
Floating
5.99
%
p.a.
Revolving credit (floating)
5.99
%
p.a.
Interest rates accurate as at 19/07/25. From 1 July 2025, we no longer offer new fixed interest rates.
Calculate your repayments
Have a play with the calculator below to see what your repayments could look like.
Got questions?
- Why is Heartland Bank no longer offering Online Home Loans?
-
Our Online Home Loan product no longer aligns with our product strategy. We will be winding down our Online Home Loans so we can focus on delivering value in areas where we believe we can make the greatest impact for New Zealanders.
- What will happen to my Online Home Loan?
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The terms of your loan agreement remain in place. You’ll continue to receive the same service from our team, and you can apply for a top-up if needed. Depending on your circumstances, you may wish to consider your options for refinancing with another provider.
From 1 July 2025 we are no longer offering new fixed interest rates. Our competitive floating rate remains available.
If you currently have a fixed rate home loan, your interest rate will remain in place until the end of your fixed rate period. When your fixed rate period ends, your loan will revert to our floating rate. Floating rates are variable, which means they can change at any time.
If you have more than one fixed home loan rate, and your fixed rates expire on different dates, we may be able to provide some other options based on your circumstances.
- I have a Heartland Revolving Credit Home Loan, how does this affect me?
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If you currently have a revolving credit home loan, the term remains unchanged. These loans are on variable interest rates, which are subject to change.
- I have a fixed rate home loan. Will my interest rate be affected?
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No, your interest rate won’t be affected. If you currently have a fixed rate home loan, your interest rate will remain in place until the end of your fixed rate period. When your fixed rate period ends, your loan will revert to our floating rate. Floating rates are variable, which means they can change at any time.
If you have more than one fixed home loan rate, and your fixed rates expire on different dates, we may be able to provide some other options based on your circumstances.
- I’m currently on a floating rate. How will this affect my interest rate?
-
If you currently have a floating rate home loan, your floating rate will remain in place.
Floating rates are variable, which means they can change at any time, which may increase or decrease your repayment amounts. A benefit of floating is the flexibility to make extra payments without cost.
- Will Heartland Bank still offer a floating interest rate?
-
Yes, we continue to offer our floating rate. If you currently have a floating rate home loan, your floating rate will remain in place, but as floating rates are variable, the rate is subject to change.
- Can I refinance my loan to another provider?
-
Yes, but fees may apply in certain circumstances.
For variable rate home loans, no fee is charged if you repay your loan early in full.
For fixed rate home loans, we will charge a Prepayment administrative fee of $15 if you repay the loan during the fixed rate period. In addition, we will charge you a reasonable estimate of our loss, if applicable – this type of charge is sometimes called a “break fee”. If you want to pay us back early, please contact us first to check what fees and/or other amounts may be payable.
