Early Repayments
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ANZ
Regular Repayments
Can increase by up to $250 per week
Lump Sum Repayments
One per year, up to 5% of the loan balance per year on the anniversary of the loan.
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AIA (ASB in Disguise)
Regular Repayments
Increase regular repayments by up to $500FT/$1000M
Lump Sum Repayments
Incurs early repayment fees
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ASB
Regular Repayments
Increase regular repayments by up to $500FT/$1000M
Lump Sum Repayments
Incurs early repayment fees
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TSB
Regular Repayments
Increase each split by $1,000M
Lump Sum Repayments
$10,000 per split per CALENDAR year (1st Jan - 31st Dec
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SBS
$45 fee for any changed repayment
plus a break fee may be charged. -
Co-operative
Regular Repayments
or raise regular repayment amount,
then, no fee.Lump Sums
Lump sum up to 5% at start of each year, min $1000.
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BNZ
Classic
Break Fees ApplyStandard
you can pay up to 5% of a Standard loan amount
at the start of your fixed term each year without early repayment charges,
otherwise break fees may apply -
Kiwibank
Regular Repayments
Can increase as long as it stays within 5% of the loan amount each year.
Lump Sums
Can pay off up to 5% per year with no penalty
Note: the regular repayment and lump sum 5% are combined, not separate.
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Westpac
Regular Repayments
increase repayment up to 20% above minimum repayments without fees,
decrease repayment down to the minimum amount at any time,
Lump Sumrepayment incurs break fee plus $20 admin fee