STANDARD VS TAILORED LOANS

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Just like other BNZ mortgages, GlobalPlus Home Loans offer a choice to suit your needs.

Of course, with a GlobalPlus Home Loan you'll also enjoy those bonus Airpoints Dollars™ to help you enjoy a holiday - on the house, as it were! To decide between a Standard or Tailored Home Loan, simply check out the comparison below, or call us on 0800 4321 46.

GlobalPlus Home Loans

• Also known as Table loans - these are the Home Loans people are generally most familiar with.
• Repayment can be set weekly, fortnightly or monthly with interest charged on the same day.
• Repayments stay the same unless the interest rate is changed or you request an increase.
• At first, you pay more interest and less principal. Later on you pay more principal and less interest.

GlobalPlus Tailored Home Loans

• These Home Loans are designed around your personal circumstances to help save you thousands of dollars in interest payments so you're mortgage free faster.
• Two elements combine to make a Tailored Home Loan vastly beneficial to you:
  1. Repayment can be set weekly, fortnightly or monthly however interest is only charged at the end of the month.
  2. A Higher initial repayment amount - as much as you can comfortably afford with small automatic annual increases each year. Your nominated repayment schedule stays the same for 12 months no matter what happens to interest rates - so you can budget ahead with a high degree of certainty.

Together, these elements can achieve large savings in interest payments amounting to thousands of dollars

Both our GlobalPlus Home Loans and Tailored Home Loans come with Fixed or Variable interest rates

Our lending criteria, establishment fees and Air New Zealand Airpoints Programme terms and conditions apply. Not available for business purposes or packaged offers. An Airpoints joining fee may apply. GlobalPlus Home Loans are not included in group balance calculations for fee rebate or other purposes.