Good evening

Your Kea Bank mortgage is at 5.59% p.a. and the lowest comparable advertised rate is 4.79% p.a. (Moa Mutual Special 24-month). At that rate, the interest on your balance over the next 12 months would be about $7,582.96 NZD lower. This compares advertised rates only; it is not a recommendation to switch.

Estimated value (NZD, next 12 months) = first-year interest at 5.59% p.a. minus first-year interest at 4.79% p.a. on $950,000 over 300 months of fortnightly repayments, from full amortization schedules — not balance × rate difference

• These figures are estimates under the stated assumptions, not guarantees or financial advice
• Advertised rates only — your eligibility, break fees and lender criteria have not been assessed

• Market rates as at 2026-08-01
• Comparable: Moa Mutual Special 24-month at 4.79% p.a. — the lowest advertised special/standard rate across 12- and 24-month fixed terms, the most commonly refixed terms
• Your Kea Bank mortgage: 5.59% p.a. on a balance of $950,000

• Compare current fixed rates across lenders
• Ask your lender about break fees before switching or refixing early
• A mortgage adviser can tell you which options suit your situation

Your cash holdings of $55,000 NZD are $25,000 NZD above your emergency fund target. That excess is not a saving, and holding it as cash keeps it easy to reach.

Excess (NZD, current balance) = cash $55,000 minus emergency fund target $30,000 = $25,000; flagged only once cash exceeds the target by more than 20%

• These figures are estimates under the stated assumptions, not guarantees or financial advice
• Estimated value is the current excess over your emergency fund target (NZD), not a projected gain or saving

• Your cash total: $55,000
• Your emergency fund target: $30,000

• Decide how much cash you want to keep on hand beyond your emergency fund
• A financial adviser can help you weigh the options for the rest