Competitive first home mortgage rates for members
We offer mortgage loans to qualifying members purchasing their first home.
These loans are at competitive floating rates, so members can get into their first home and out of debt faster. And for the mortgage portfolio we aim for returns that are higher than the Bloomberg NZ Bond Bank Bill Index.
As a nonprofit investment fund manager, Simplicity keeps management fees low and focuses on investment returns to our funds. It’s what thrift and building societies have been doing for centuries.
Simplicity Floating Mortgage Rate vs Average Market Mortgage Rates