First home loans

Simplicity offers one of NZ’s lowest cost first home loans. Our 3.90% floating rate (with no early repayment fees) means you can get out of debt faster.

How it works

It’s simple. If you’re;

- A Simplicity KiwiSaver member, and;
- Buying your first home;
You’ll be eligible to apply online. Existing members login here

All details are in our FAQ section below.

Our Home Loan Terms and Conditions are here.

An example of our First Home Loan Agreement is here.


I earn $ per year before tax.
My deposit is $
My partner earns $ per year before tax.

Eligibility Criteria:
Please read our FAQ section below to see whether you meet the criteria.

You could borrow up to $289,000

Your minimum monthly repayments would be $1,587

Based on our current first home floating interest rate of 3.90%p.a.

Time to repay 30 years

Join Simplicity KiwiSaver Scheme

These are estimates only and are based on a principal plus interest mortgage of 30 years, at a floating interest rate of 3.90% per annum. The minimum monthly repayments include principal and interest. Because the loans are floating rate, Simplicity reserves the right to change the interest rate payable at anytime. However, any rise in interest rate payable will not come into effect until 1 month after the announcement date.


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