The mortgages are for 30 years, and minimum monthly payments include interest and principal. You can pay off your mortgage in full, make top-up payments or switch it to another mortgage provider at any time, without any penalties or break fees. Your daily mortgage balance will always be viewable under your online member portal, making it easy for you to know how much you owe.
No, if you have a home loan with us, you will not be able to get a second mortgage on the property. We don’t allow any other borrowed funds to be used towards the purchase of your first home and we don't accept third-party guarantors as added ...
It takes less than two minutes to complete the application form to switch to the Simplicity KiwiSaver Scheme. It then takes 1-2 working days to process your application. As soon as your account is set up and you have received an email with your login ...
It takes 1-2 working days to process a complete KiwiSaver application form. As soon as you've received an email from us with your account and login details, you'll be able to apply for a first home loan.
Your minimum mortgage repayments will be processed by direct debit from your chosen bank account. Lump sum or top-up payments can be made at any time without any penalties or break fees. We won't accept payments from credit cards.
We do not require your partner to be a Simplicity KiwiSaver member. You can apply for the mortgage jointly, and your combined income counts for assessing the amount you can borrow.