Your first home is right here.

Come on in. We love first home buyers.
Our whole purpose is to help more Kiwis realise the dream of home ownership.
Sound like you? We’re glad you found us.


Apply online First Home Hub

The best bank for first home buyers. Again.

Canstar has rated us the best bank for first home buyers for the second year in a row. They found we offered better rates, better support and more innovative approaches to getting first home buyers into their first home. But to be fair, we’ve had over 150 years of practice.

FirstHome Combo. Our market-leading package could put thousands back in your pocket.

Take me to the FirstHome Combo

  • 1.00% off our 12-month interest rate for the first year. Give yourself a headstart with your new home and pay 1.00% less for the first year. You could spend the savings on making your new home perfect. So many options.
  • $2,000 cash back in your hand. Once your home loan is settled, we’ll give you a $2,000 thank you, ready for you to spend on anything you like. Pay day.
  • $1,000 toward your new home’s insurance. Insurance is essential, so we’ll contribute $1,000 to your SBS Insurance home policies. That’s a saving.
  • $1,000 back into your Lifestages KiwiSaver. We’ll even give you $1,000 to put back into your Lifestages KiwiSaver account. Uncrack that nest egg.
  • 12 months of free broadband. Connect your new home to Pulse Energy and we'll pay 12 months of a Pulse Energy Broadband Plan (To value of $1,140)

SKIP to the front of the line.

SKIP is our online tool to help First Home Buyers achieve their dreams. It gives you tips and tricks, helps crunch the numbers, and coaches you on saving and house hunting. You can even earn up to $2,000 cash back on your first home loan.   On your laptop? Scan this code with your mobile

Get started

  • Find out how much you could borrow. Enter your income and outgoings, and we’ll give you an estimate for potential loan size.
  • Track your savings progress. SKIP is like your savings coach. Set your targets and keep them, all the way to your new front door.
  • See if you’re eligible for help from Kāinga Ora. Could you be in line for a 5% deposit loan? SKIP can help you find out.
  • Earn up to $2,000 SKIP Dollars. Every step you make toward your first home on SKIP earns you more SKIP Dollars. When you finally buy your new home, we deposit those SKIP Dollars into your account, to spend on anything you like.


Could you slim down your deposit?

With our partners at Kāinga Ora we’ve made it easier to get into your first home. You might qualify for a 5% deposit First Home Loan.


More about Kāinga Ora



To approved buyers


It’s all in our First Home Hub.

The first home journey can be like venturing into the wilderness. We’ve put together everything you need to know, without making it overwhelming. Watch short videos about the different stages of buying, read what you need to do, and check our timelines and tools. We’ll be with you every step of the way.

Visit the hub 

Our best interest rates.

FirstHome Combo
per annum
1 year fixed
Available only to first home buyers. Additional lending fees apply.
Home Loan
per annum
1 year fixed
Home Loan
per annum
2 years fixed

See all rates View calculators

Home Loans: Specific lending, account and eligibility criteria and Standard Contract Terms along with Credit Fees and Charges apply. These rates are only available for Residential Home Loans with at least 20% equity and Residential Investing Lending with at least 35% equity, or First Home Loans with at least 5% equity. All rates are subject to change.

Run the numbers with these easy calculators.

Rates are one thing, but what do they mean for your finances? Use our calculators to work out what home ownership will mean for your finances.

Numbers not your thing? No problem, we love them. Let’s put our heads together and work out where you stand.


Let's figure it out together

Our customers are our owners.
No surprise we like to keep them happy.


Thank you SBS Bank we were so privileged to work with you and your amazing local
team purchasing our first home. A great lending experience.
– Paris, First Home Buyer



Important information about home loans.

See all of our current interest rates for First Home Loans. First Home Loan lending and eligibility criteria apply. Our Standard Contract Terms and any applicable credit fees and charges that also apply are available online, from any branch of SBS Bank, or by calling us on 0800 727 2265. The information on this page does not take into account your individual circumstances and is not personalised financial advice. You should seek financial advice before you make any decision to open an account.