ASB Bank is one of the largest banks in New Zealand, and it offers a wide range of home loan products to suit the needs of all borrowers.
Whether you’re a first-home buyer, an investor, or looking to refinance your existing home loan, ASB Bank has a solution for you.
What are ASB Bank’s current home loan rates?
ASB Bank’s current home loan rates for owner-occupiers are as follows:
|6 months||7.45% p.a.|
|12 months||7.45% p.a.|
|18 months||7.15% p.a.|
|24 months||7.05% p.a.|
|36 months||6.85% p.a.|
|48 months||6.75% p.a.|
|60 months||6.69% p.a.|
ASB Bank also offers a variety of home loan products for investors, including:
|6 months||8.64% p.a.|
|12 months||8.64% p.a.|
|18 months||8.34% p.a.|
|24 months||8.24% p.a.|
|36 months||8.04% p.a.|
|48 months||7.94% p.a.|
|60 months||7.84% p.a.|
What factors affect ASB Bank’s home loan rates?
ASB Bank’s home loan rates are generally competitive with other banks in New Zealand. However, it’s important to compare rates from different lenders before you choose a home loan, as rates can vary depending on your individual circumstances.
A number of factors can affect ASB Bank’s home loan rates, including:
- The Official Cash Rate (OCR), which is set by the Reserve Bank of New Zealand.
- The cost of funding for banks.
- The risk profile of the borrower.
- The term of the loan.
- The loan amount.
To get the best ASB Bank home loan rate, it’s important to shop around and compare rates from different lenders. You should also consider your individual circumstances and choose a loan that is right for you.
ASB Bank offers a wide range of home loan products to suit the needs of all borrowers.
If you’re looking for a competitive home loan rate, it’s important to compare rates from different lenders and consider your individual circumstances.