
Mortgage News
Kiwibank removes and reduces many home loan fees
Wednesday 17th of June 2015
Two of the biggest changes are that it has removed its monthly fee on its Offset product, which was previously charged at $10 a month. The two other banks who have Offset products, BNZ and Westpac, stlll charge a monthly fee of $10.
Kiwibank has also reduced its low equity fee from 1.25% of the total loan amount to 0.80*. It charges the fee on loans with an LVR of between 90% and 95%.&nb...
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