Variable rate
No charge for lump-sum or early payments
- Available with any type of ASB home loan.
- An interest rate that increases or decreases with the market.
- Gives extra flexibility to increase or make lump sum payments any time.
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More about
Interest rates and fees
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More about
When your home loan is on a variable rate, your regular loan payments can increase or decrease at any time. This is because the interest rate changes with the market.
The main advantage of a variable rate home loan is greater flexibility. It allows you to repay some or your entire loan at any time, without being charged fees.
Terms and conditions: ASB's home loan criteria and a fee of $400 may apply. Early repayment adjustments may also apply. A low equity premium may apply. You will also need to have an ASB account. Loans for business purposes are excluded.
