Expert advice

Review your refinancing options with expert advice

Our home loan advisers will find the right mortgage option for you. We look across competitive interest rates, loan structure, repayment options and a great cashback offer.
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What we help with:

Check if you could be on a better rate and compare options across banks and lenders

Work out if it's worth switching or breaking your loan, and negotiate the best rates and cashback

Restructure your loan if needed and make sure it still fits your goals

It's free to you — we're paid by the bank. There's no cost to use our switching check, book a chat or get a switching assessment. Dosh receives commission from lenders if your loan is settled. The amount can vary depending on the lender and loan size. Our advisers are required to act in your best interests when providing advice.

Is switching right for you?

Answer 3 quick questions, instant result

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Get a free switching review

Discuss your options with an adviser

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Why switch

Why New Zealand homeowners switch home loan providers

Your rate may no longer be competitive. Even a 0.25% difference on a $500k loan adds up to thousands over the fixed term.

Cashback contributions can often cover your switching costs. Many banks offer a cash contribution when you refinance. On a $500k loan it could be around $4,500, which can cover legal fees and more. With $1,700 in Phone Dollars on top, switching may put you ahead (depending on your individual situation).

It can be easier than you think. Refinancing through dosh can be completed through our digital application process, with an adviser to guide you every step of the way.

Refinancing lets you reassess your loan structure. Split between fixed and floating, or change your repayment schedule to better suit your current needs.

The total value may outweigh the cost of switching. Better rate + cashback + $1,700 Phone Dollars can exceed legal fees and switching costs.

Is your fixed rate coming up for renewal? The best window to start the refinance process is 2–3 months before your rate expires.
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Whether refinancing results in a financial benefit depends on your individual circumstances, including interest rates, fees, and loan structure.

Switching check

See if switching is right for you

Answer 3 quick questions to get an instant indication of whether you could be ready to switch and any costs to consider. No personal details required. Applies to an owner occupied residential property.
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Section 1 of 3 — your property

What is your current home loan balance?

You can find this on your latest bank statement.

$100k$2M

What is your property's current estimated value?

Check homes.co.nz or oneroof.co.nz for a free estimate.

$100k$3M

Your loan to value ratio (LVR)

Below 80% — standard rates apply. 80–90% — low equity margin may apply. Above 90% — refinancing is unlikely.

66.67%

Section 2 of 3 — cashback history

Have you received cashback from a bank in the last 3 years?

Banks can claw back cashback if you leave within 3 years of receiving it. Select the option that best describes your situation.

Section 3 of 3 — fixed term

Do you have any fixed term loans that expire in over 6 months?

Breaking a fixed term early can trigger break fees. If your fixed rate expires within 6 months, switching is much more straightforward.

Your result

This is an indicative result only and does not constitute financial advice. Cashback estimates are based on a typical cash contribution and are indicative only — actual offers vary by lender and loan size. Cashback offers (if available) are made by the lender and are subject to the lender’s eligibility criteria and loan terms. *Dosh home loan reward offer has a minimum loan size of $300,000, minimum 1 year fixed, you must keep your home loan for 24 months from settlement, and eligibility criteria and T&Cs apply. The Phone Dollars reward is provided exclusively by One NZ. Use Phone Dollars towards interest-free phones, with Pay Monthly plan & min $99 deposit. Max balance of $4,999 Phone Dollars. Eligibility criteria & terms apply, see one.nz/one-wallet. When switching banks, you could be charged break fees if you break any fixed term loans before the expiry date and or, a proportion of the original cashback amount if you have been paid cashback in the last 3 years. Bank lending criteria, terms and conditions apply. dosh is a licensed Financial Advice Provider registered with the FMA.

Interest rates

Is your rate still competitive?

Check out the latest advertised rates below. We can often negotiate better home loan rates for you than those advertised. Speak to an adviser today.

Get a free switcing review

Find out what rate you could be on

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*Rates are indicative only and subject to change. Minimum 20% equity required for standard rates. Lending criteria and T&Cs apply.

today's top rate

p.a.

4.79

1 year fixed*

Repayments calculator

See what your repayments could look like

Plug in a dosh rate and see what your repayments could be. Our advisers will fine-tune this with a personalised rate once you get in touch.

rate	label	default
5.89	Floating
4.69	6 month fixed
4.79	1 year fixed	yes
5.09	18 month fixed
5.19	2 year fixed
5.29	3 year fixed
5.39	4 year fixed
5.49	5 year fixed

Loan amount

$100k$2M

Loan term 25 Years

5 Years30 Years

Interest rate View all rates →

Monthly repayment

at 4.79% p.a.

Weekly repayment

at 4.79% p.a.

Rates displayed are for informational purposes only, require a minimum of 20% equity, and are subject to change. The information provided does not constitute financial advice. We recommend seeking advice from a dosh mortgage advisor before taking out a home loan. Lending criteria, terms, and conditions apply to all home loans through dosh.

How it works with dosh

We keep our process simple and your adviser will be with you every step of the way.

Step 1

Apply online or book a chat with one of our mortgage advisers.

Step 2

Discovery call, identifying your goals to make tailored recommendations.

Step 3

We negotiate the best deal for you — interest rate, cashback, and Phone Dollars.

Step 4

Settlement. We get your loan in place with the bank and you're on your way.

Step 5

Get a new phone from One NZ with your $1,700 Phone Dollars, whenever you need it.

What does it cost to switch?

Switching home loans can deliver real financial gains but it's worth understanding the potential costs upfront.

Solicitor fees

When you refinance to a new lender, you'll need a conveyancing lawyer to manage the mortgage discharge and registration process. This typically costs around $1,300, depending on your situation and lawyer.

Some lenders offer a free legal service as part of the refinancing package — your dosh adviser will let you know what's available for your situation.

Worth knowing: cashback from the new lender can often cover solicitor fees with money to spare.

Cashback clawback

If your current bank gave you a cash contribution when you last took out or switched your home loan, they may claw some or all of it back if you leave within 3 years of receiving it.

The clawback amount typically reduces over time — the closer you are to the 3 year mark, the less you'd need to repay. Your dosh adviser will factor this into the full switching assessment.You don't need to wait until the 3 year mark to get in touch. Getting the ball rolling early means we can have everything ready so you switch at exactly the right moment.

Upon settling a home loan through dosh, One NZ will give you a $1,700 Phone Dollar reward. Every Phone Dollar equals one real dollar off the price of a new interest-free phone at One NZ. You can also use the trade-in value of your old phone towards your phone upgrade. For more detail see one.nz/one-wallet
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Break fees

If you're on a fixed interest rate and want to switch before the term ends, your current lender may charge a break fee. This compensates them for the interest they lose by releasing you from the contract early.

Break fees vary widely depending on how much time is left on your fixed term, how much rates have moved since you fixed, and the size of your loan. In some market conditions break fees can be minimal — in others they can be significant.

The best time to refinance without break fees is within 2–3 months of your fixed rate expiring. If you're mid-term, your dosh adviser will calculate whether switching early still makes financial sense once the break fee is factored in.

Refinacing guide

Everything you need to know before you switch

We've put together a comprehensive guide to refinancing in New Zealand — covering interest rates, cashback, break fees, and how to know if switching is right for you.

Refinancing or switching your home loan in NZ: what to consider

Want to talk it through with one of our advisers? Get a free, no-obligation switching review.

Read the guide

Everything you need to know before you switch

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Customer stories

What our customers have received

Auckland

SWITCHED LENDERS

$350k home loan and cashback from Westpac
New iPhone 17 via $1,700 Phone Dollars from One NZ
Fixed 2 years — cashback covered legal fees

Christchurch

FIRST HOME BUYER

$600k home loan and cashback from Westpac
New Samsung Galaxy S25 via $1,700 Phone Dollars
Split loan — fixed + floating to manage repayments

Nelson

SWITCHED LENDERS

$500k home loan and cashback from Westpac
New OPPO Find X9 Pro via $1,700 Phone Dollars
Restructured to better suit repayment goals

Terms & Conditions, eligibility and qualifying criteria apply. Individual outcomes will vary by application.

Jason made my home loan refinance incredibly easy. Clear communication, fast turnaround, and always available when it mattered. The level of service was top shelf — professional, stress-free, and done right the first time. Highly recommend.

Rob S

Refinacing guide

With dosh, you get more rewards on your home loan

Dosh has partnered with One NZ to bring you Phone Dollars. And when you settle a home loan through dosh (whether that's buying a home or refinancing), you'll get $1,700 Phone Dollars. Eligibility criteria and T&Cs apply.

‍That's in addition to a great interest rate and any cashback on your loan.$1,700 Phone Dollars = $1,700 to put towards your next interest-free phone with One NZ.

‍Want to find out more? Book a free chat with a mortgage adviser or go ahead and apply online now.

Apply now

Get started with your home loan application

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