Updated March 2026
Mortgage Interest Rate in New Zealand (2026)
6.80%
Ranked #60 of 160 • Global avg 10.83%
The average mortgage interest rate in New Zealand is currently 6.80%, below the global average of 10.83% across the 30 economies tracked by NoodlePants.
Among the 30 economies tracked by NoodlePants, New Zealand ranks #60 for mortgage rate — near the bottom of the global ranking.
For buyers, a 6.80% rate means roughly $6,800 in interest per year on a $100,000 mortgage, before principal.
All financial metrics for New Zealand
Where New Zealand ranks globally
#1Japan
1.40%
#2Taiwan
2.20%
#3Switzerland
2.82%
#4Israel
2.96%
#5United States
3.25%
#6Croatia
3.60%
#7Malta
3.60%
#8Spain
3.60%
#9Belgium
3.70%
#10Germany
3.90%
#11Slovenia
3.90%
#12Finland
4.00%
Compare New Zealand's mortgage rate
Pick another country and see a full side-by-side breakdown.
Want the full New Zealand profile?
Live exchange rates, travel advisory, AI insights and more.
Open profile →