Save thousands and get mortgage-free faster

At BNZ, we’re about helping you become mortgage-free faster!

One way is through ‘offsetting’ with a TotalMoney home loan. It can save you thousands of dollars on home loan interest and shave years off your mortgage, and still allow you to have money set aside.

Offsetting works by combining the balances of your everyday and savings accounts and subtracting them from the total owing on your mortgage – so reducing the amount of interest you pay. 

It’s a great option if you like being able to dip into your savings when there’s a rainy day.

Since we launched TotalMoney, it’s saved our customers over $270 million in interest. Want to join them?

Use our calculator to see how much you could save.

We want to hear from you

GoodHome should be an enjoyable and worthwhile place to visit filled with information that helps you to be the smartest homeowner you can be. We want to hear about anything you found useful or anything you didn’t, and anything you want to see more of that would help make this the perfect site for you - email us at goodhome@bnz.co.nz

Lending criteria, terms and fees apply. A Low Equity or Low Doc interest rate premium may apply. Not for business purposes.The interest saved is calculated when the interest charged daily is deducted from the interest that would have been charged if the loan balance had not been reduced by offsetting.