Simplicity now offers NZ’s lowest cost first home loans. Our 2.25% floating rate (with no early repayment fees) means you can get out of debt faster.
It’s simple. If you’ve;
- Been in KiwiSaver for at least 3 years, and;
- Been a Simplicity KiwiSaver member for at least a year, and;
- Are buying your first home;
You’ll be eligible to enter our monthly ballot.
If your name is drawn in the ballot and you meet the criteria, you'll have six months to find your first home. Please read our FAQ section below to see whether you meet the criteria. If you're not selected, you can put your name back into future monthly ballots until your name is drawn.
Important Home Loan Documents
Please read and/or download our Home Loan Terms and Conditions here.
For an example of our First Home Loan Agreement click here.
Simplicity uses mortgage Memorandum 2018/4346, which can be viewed here.