Resimac Home Loans NZ With Split Fixed and Variable Rates and Fortnightly Repayments
Resimac home loans NZ combine split fixed and variable rates with flexible fortnightly repayments, offset and redraw options tailored to Kiwi budgets
Why choose Resimac home loans NZ
Resimac home loans NZ give Kiwis a practical mix of stability and flexibility by letting you split fixed and variable rates to match changing finances. The split fixed and variable rates option helps manage rate rises while keeping some upside when market rates fall, perfect for Kiwi families planning ahead.
With fortnightly repayments as standard, Resimac suits pay cycles many New Zealanders use, helping reduce interest over the life of the loan. Resimac’s reputation as a non-bank lender means streamlined applications and customer service tailored to local needs and KiwiSaver-linked deposits.
Key features: offset, redraw and repayment options
Resimac home loans include offset accounts and redraw facilities on eligible products, allowing borrowers to reduce interest or access extra payments when needed. The ability to make additional repayments and redraw makes it straightforward for homeowners to manage lump sums from bonuses, tenancy income or inheritance.
Fortnightly repayments, weekly or monthly options and the capacity to split between fixed and variable rates give a genuine level of control for borrowers juggling mortgages, bills and KiwiSaver contributions. Low or no monthly fees on many Resimac home loans NZ keeps ongoing costs predictable for everyday budgets.
How to apply and what you need
Applying for Resimac home loans NZ is largely online but you can also call for local support; you’ll need proof of income, ID and details of your deposit including any KiwiSaver balance. Resimac accepts varied income types, useful for contractors, freelancers and tradies who don’t always have standard payslips.
Prepare evidence of living expenses and existing debts, and be ready to discuss Loan-to-Value Ratio (LVR) and whether you want a split fixed and variable rates structure. Having documents ready speeds approval and shows lenders you’ve thought through fortnightly repayments and cashflow.
Pros, tips and local comparisons
Resimac home loans NZ stand out for flexibility: split fixed and variable rates, offset and redraw and flexible repayment cadences make them a solid choice for Kiwis who like options. Compare rates and features against major banks and specialist lenders to find the best overall package for your situation.
Tip: if you plan major renovations or purchasing an investment property, consider a line of credit or equity borrowing via Resimac and use the offset account to reduce interest. Regular reviews of your split fixed and variable rates structure help you stay on top of market moves and keep repayments manageable.