What will your repayments be? Loan amount Loan term Interest rate 6 Months Fixed Special from 4.85% p.a. 6 Months Fixed Special from 4.85% p.a.1 Year Fixed Special from 4.29% p.a.18 Months Fixed Special from 4.39% p.a.2 Years Fixed Special from 4.55% p.a.3 Years Fixed Special from 4.89% p.a.10 Years Fixed Special from 6.2% p.a.Housing Variable from 5.8% p.a.6 Months Fixed from 5.35% p.a.1 Year Fixed from 4.79% p.a.18 Months Fixed from 4.89% p.a.2 Years Fixed from 5.05% p.a.3 Years Fixed from 5.39% p.a.5 Years Fixed Special from 5.69% p.a. Custom rate Use TSB Bank’s current rate Your repayments* Weekly repayments Weekly repayments Fortnightly repayments Monthly repayments Total you will pay over 22 years = $621,627 Loan amount $400,000 Interest over 22 years + $221,627 Got a question? MESSAGE US Call 0800 872 226 FIND A BRANCH Interest rates explained Interested in interest rates? Fixed – Your interest rate won’t change or be affected by the market With a fixed rate your interest is decided from the start, and stays the same for the time you choose – from 6 months-10 years. If you’re looking for a way to budget this is a great option, your repayments will stay the same over the time you’ve chosen. Plus you’ll be able to make extra payments up to $10,000 per calendar year without penalty. If you’re looking to take out new lending with us, we can hold a fixed rate for you for up to 60 days once your loan is contracted. If your rate is up for renewal, you can easily re-fix with our Online Banking*. Take a look at our 10 year fixed home loan rate Floating/Variable – Your interest rate will move with the market A floating or variable interest rate moves with the market, decreasing your repayments when interest rates are low, and increasing them when the market rates are higher. If you’re looking to pay off your home loan faster, a floating/variable rate allows you the flexibility to increase your repayments, or make extra payments without any penalties. Combine Fixed and Floating/Variable for the best of both worlds Want the certainty of a fixed rate with the flexibility of a floating/variable rate? Talk to us about a combination of both. You can decide what portion of your loan is fixed and floating/variable, allowing you the flexibility to reach your goals faster. Don’t forget to read this bit Take a look at our Disclosure Statement or grab a copy from your local branch. TSB’s current assessment lending criteria, lending terms and conditions, interest rates and fees apply. Use of accounts and services are subject to TSB’s General Banking Information.
Interest rates explained Interested in interest rates? Fixed – Your interest rate won’t change or be affected by the market With a fixed rate your interest is decided from the start, and stays the same for the time you choose – from 6 months-10 years. If you’re looking for a way to budget this is a great option, your repayments will stay the same over the time you’ve chosen. Plus you’ll be able to make extra payments up to $10,000 per calendar year without penalty. If you’re looking to take out new lending with us, we can hold a fixed rate for you for up to 60 days once your loan is contracted. If your rate is up for renewal, you can easily re-fix with our Online Banking*. Take a look at our 10 year fixed home loan rate Floating/Variable – Your interest rate will move with the market A floating or variable interest rate moves with the market, decreasing your repayments when interest rates are low, and increasing them when the market rates are higher. If you’re looking to pay off your home loan faster, a floating/variable rate allows you the flexibility to increase your repayments, or make extra payments without any penalties. Combine Fixed and Floating/Variable for the best of both worlds Want the certainty of a fixed rate with the flexibility of a floating/variable rate? Talk to us about a combination of both. You can decide what portion of your loan is fixed and floating/variable, allowing you the flexibility to reach your goals faster. Don’t forget to read this bit Take a look at our Disclosure Statement or grab a copy from your local branch. TSB’s current assessment lending criteria, lending terms and conditions, interest rates and fees apply. Use of accounts and services are subject to TSB’s General Banking Information.
