Home loan top-up

If you’ve got a few existing debts with high interest rates, it may be worth topping up your home loan to consolidate them and pay them off. This can reduce your regular outgoings and it might be easier to budget with only one loan to think about.

Have a think about the length of time it will take to repay the loan. Paying off a kitchen reno over 25 years, means you’ll end up paying a lot more in interest than if you aim to pay if off five or even 10 years. Find out more about structuring your home loan.

If you're looking to make some upgrades and your renovations cost more than what you've already saved, a top-up may be an option to bridge the gap. You'll need to talk to a home loan specialist who can help outline your next steps depending on the type of improvements you're wanting to make.

The amount you could borrow will depend on how much of your home loan you’ve already paid off, the current value of your home, how much you can afford in repayments and what the top-up is for. Use our borrow more calculator to work out whether you can top-up your existing Kiwibank Home Loan(s).

We’ll waive the top-up fee if your top-up is to pay for installing an eligible sustainable energy system, like solar panels or a wind turbine. You may also be eligible for a $2,000 contribution from us (over four years) towards the cost. Find out more about a sustainable energy loan.