HomePlus (closed to new applications)
Home equity release
Information on this page is for existing HomePlus customers. HomePlus is closed to new applications.
Interest rate
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Term
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Rate
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HomePlus variable rate
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Interest rates are subject to change at any time without notice. ASB’s Home Loan Criteria applies.
Fees and charges
There are some fees and charges that are involved in setting up and maintaining your HomePlus loan. These include:
Copy of loan agreement or supporting documents fee
When you request a copy of your loan agreement or any other documents supporting your loan application held by ASB.
LINZ search fee
When a copy of your title is required.
Registrations affecting land titles
When you request one of the following that affects the land title:
- Deposit of unit plan
- Easement
- Encumbrance
- Subdivision or cross lease (with no new mortgage required)
- Variation of lease
Settlement statements fee
When we receive a request from your solicitor for a settlement statement as part of releasing your mortgage.
Local body rates demand notice fee
Charged if we have to make a rates payment on your behalf.
Default interest rate (Variable) / Unarranged Overdraft Interest Rate: When you default on your home loan and the deduction account is overdrawn or in excess of an agreed overdraft limit. The interest will be calculated daily on the overdrawn amount, or the amount in excess of the arranged limit, at the Unarranged Overdraft interest rate until paid in full. The interest rate is subject to change at any time.
Terms and Conditions
ASB Mortgage Memorandum
HomePlus Annexure
HomePlus General Terms and Conditions
All fees are subject to change. You can download our Guide to Fees and Home Loans & Personal Loans - Guide to Fees. Copies are also available from your nearest ASB branch.