BNZ home loans are provided according to the customers demands and needs. BNZ is one of the oldest banks in NZ. It also has a history of serving the rural people such as farmers and providing finances to them. Since then, it assists the common man of NZ by providing financial help. BNZ home loan is provided to all the customers and its prospective customers who wish to avail a home finance for their house. It offers housing loan at very competitive interest rates and sees to it that each and every person in New Zealand is able to afford a house in the country. The BNZ bank five types of home loans. Lets look at them one by one:
Various types of BNZ home loans
- Tailored loan: With the help of tailored home loan you will have to pay a little more on interest rates on each month and then on each year. This in return helps you to pay off your housing loans at a faster rate than the decided period.
- Table loan: Table loan includes a combined combination of interest and principal. Once you start paying more on interest, they become the principal amount.