Compare loan options clearly. Organized notes on rates, terms, and requirements.
Key data
Compare rates, terms, and eligibility from trusted lenders.
Best for
This loan is best for those seeking flexible mortgage terms and personalised service from a local bank. It's suitable for first-home buyers and those refinancing their existing mortgages.
Residential home loans typically need at least 20% equity
Residential investing lending typically needs at least 30% equity
First Home Loans can be available with at least 5% equity
APR
4.19–6.39%
Term
6–360mo
Amount
—
Best for
It's ideal for those seeking quick online approval and flexible loan amounts for vehicle purchases.
NZ citizen or permanent resident
Regular income
Minimum age 18
APR
9.4–12.15%
Term
12–60mo
Amount
NZ$5k–NZ$75k
Best for
This loan is best for individuals looking to simplify their finances by consolidating high-interest debts into one manageable payment.
Credit assessment based on income and overall financial situation
APR
9.95–29.95%
Term
3–84mo
Amount
NZ$500–NZ$50k
Best for
Best suited for borrowers looking for flexible loan amounts and terms, with the added benefit of supporting a New Zealand-owned institution.
Kiwibank's personal loans provide a solid option for those who prefer a locally owned bank with a straightforward application process.
APR
12.99–18.99%
Term
12–60mo
Amount
NZ$2k–NZ$30k
Best for
This loan is best for those who need quick access to funds for vehicle purchases and have a reliable income.
NZ citizen or permanent resident
Regular income
APR
9.95–29.95%
Term
12–84mo
Amount
NZ$2k–NZ$50k
Best for
This loan is best for borrowers who are NZ citizens or permanent residents and have a steady income, looking for a manageable loan amount.
NZ citizen or permanent resident
Age 18+
Regular income
APR
11.5–15.5%
Term
6–60mo
Amount
NZ$1k–NZ$30k
Best for
This loan is best for those seeking a straightforward vehicle financing solution with the option to tailor repayment terms to fit their budget.
NZ citizen or permanent resident
Age 18+
Regular income
APR
8.55–11.7%
Term
12–60mo
Amount
NZ$5k–NZ$100k
Best for
Individuals with good credit scores seeking personal loans for various purposes.
With rates beginning at 9.95% p.a., this loan is appealing for those looking for a competitive rate. However, the maximum rate of 17.75% can be steep for borrowers with lower credit scores.
APR
9.95–17.75%
Term
6–60mo
Amount
NZ$1k–NZ$50k
Best for
This loan is ideal for those who want to check rates without affecting their credit score and need a loan range between $2,000 to $100,000.
NZ or Australian citizen
No defaults on credit file
Full-time or permanent part-time employment
APR
7.99–24.99%
Term
36–84mo
Amount
NZ$2k–NZ$100k
Best for
Individuals with a stable income looking to borrow between NZ$3,000 and NZ$50,000 for personal purposes.
At least 18 years old
Regular income
Enough money left after expenses for repayments
APR
13.9%
Term
6–84mo
Amount
NZ$3k–NZ$50k
Best for
Ideal for those seeking a reliable lender with no application fees and quick approval times.
NZ resident
Aged 18+
Regular income
APR
13.9%
Term
6–84mo
Amount
NZ$3k–NZ$50k
Best for
This loan is best for borrowers needing substantial funds for projects or debt consolidation with flexible repayment terms.
ASB's personal loan options are competitive, especially for those looking for larger amounts over longer terms.
APR
12.9–19.95%
Term
6–84mo
Amount
NZ$2k–NZ$50k
Best for
Kiwis with a steady income and decent credit looking for car loans between NZD 2,000 and NZD 100,000.
NZ resident
Aged 18+
Regular income
APR
8.95–19.95%
Term
12–84mo
Amount
NZ$2k–NZ$100k
Best for
This loan is best for borrowers seeking amounts from NZ$2,000 to NZ$50,000 with flexible repayment terms.
BNZ's personal loan is a viable option for those needing a significant amount of cash quickly, but rates can be steep.
APR
13.9–19.9%
Term
6–60mo
Amount
NZ$2k–NZ$50k
Best for
Individuals aged 18+ with stable income and good credit looking for a car loan.
NZ resident
Aged 18+
Westpac account
APR
6.49–12.99%
Term
6–60mo
Amount
NZ$2k–NZ$50k
Best for
Best for those seeking lower rates for electric vehicle financing, as well as borrowers needing larger sums up to $50,000.
With flexible borrowing options, Westpac's personal loan is ideal for various financial needs, though the standard rate is on the higher side.
APR
7.99–13.9%
Term
6–60mo
Amount
NZ$2k–NZ$50k
Best for
Best suited for ASB account holders needing a quick loan for a new or used vehicle with flexible terms from 6 to 84 months.
NZ resident
Aged 18+
ASB account holder
APR
12.95%
Term
6–84mo
Amount
NZ$2k–NZ$50k
Best for
Best for borrowers needing quick access to cash with flexible repayment terms of 3 to 84 months.
This loan option provides a wide range of amounts and terms, but the high interest rates may not suit everyone.
APR
9.95–29.95%
Term
3–84mo
Amount
NZ$500–NZ$50k
Best for
This loan is best for individuals seeking quick access to funds with minimal paperwork, particularly those with good to excellent credit.
At least 18 years old
NZ citizen, permanent resident, or Australian citizen
No defaults on credit file
APR
7.99–24.99%
Term
36–84mo
Amount
NZ$2k–NZ$100k
