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What's the best home loan for you?


Click here to find out which mortgage will suit you.

If you're worried about unpredictable interest rates, it may be worth considering a split home loan.

A split home loans use a combination of fixed and floating interest rates. It's the best of both worlds as you'll be taking advantage of the currently low short-term rates, while the longer-term fixed rates offer more certainty. 

What are the advantages of a split home loan?

Flexibility: You can pay off the floating portion of the loan as fast as you like without additional cost. You can also redraw on your loan if need be.

You decide: Westpac lets you choose the fixed rate term that works for you - you can even choose a combination of fixed terms on the one loan.

It could save you more interest if you pair it with a revolving credit home loan. Click here to find out how.

It offers peace of mind: The greater the fixed portion is, the more certainty you'll have knowing what your monthly repayments will be.

Floating to fixed: It's possible to change the floating portion to a fixed term at any time.

Click here for Split Home loan frequently asked questions.

Click here to get your home loan application started.

Click here for more home loan options.

Click here to fine tune your loan with Westpac's online calculator.


The TMS guide to managing your home loan

Rae's tips for saving money on your home loan 

How to take advantage of interest rates

How can I pay off my loan?

How a revolving credit loan could save you interest  

What's equity, and what will it allow me to do?



Westpac's current home loan lending criteria and terms and conditions apply to Westpac Home Loans, see www.westpac.co.nz or call into your nearest Westpac branch for more information.

The content of Talking Money Sense is general in nature and is designed for information purposes only and is not intended to constitute financial or other advice. Information  is subject to change. Westpac New Zealand Ltd