Could you get a better deal from your bank?

The big banks are offering advertised specials to borrowers with more than 20% deposit.

The release of new CVs in Auckland shows average property value increases of 29% across the city from 2011-2014.

That means even those who bought property with a small deposit in those years will now likely have equity of at least 20%, entitling them to better interest rate deals, as well as added sweeteners that are on offer, such as big-screen TVs and Playstations.

The difference could be significant: If you're paying a standard rate of 6.39% on a $500,000 loan you'll fork out $3695 a month. If you can qualify for the special 5.75%, you will spend only $3510.