Interest rates

Interest rates

Interest rate types

There are two interest rate options for you to choose from:

Housing interest rates

As at 01:13:06 a.m., Saturday 31 July 2010

Interest rates are subject to change at any time without notice. However, once you draw down a home loan on a fixed interest rate, the rate will not change during the term you selected.

Term Rate
Housing Variable6.00 % p.a.
Housing Fixed (6 Month)6.10 % p.a.
Housing Fixed (12 Month)6.45 % p.a.
Housing Fixed (18 Month)6.75 % p.a.
Housing Fixed (24 Month)6.95 % p.a.
Housing Fixed (36 Month)7.25 % p.a.
Housing Fixed (48 Month)7.55 % p.a.
Housing Fixed (60 Month)7.85 % p.a.
ORBIT Home Loan6.00 % p.a.
Societies Clubs and Churches7.00 % p.a.
Second Mortgage9.00 % p.a.
Flexible Finance Facility6.50 % p.a.

Terms and conditions: ASB's home loan criteria and a fee of $400 applies. Early repayment adjustments may also apply.  You will also need to have an ASB account. Loans for business purposes are excluded.