In New Zealand, a fixed rate mortgage is very much linked to the bond. If you repay early, what happens depends on what has happened to the interest rate - ther

In New Zealand, a fixed rate mortgage is very much linked to the bond. If you repay early, what happens depends on what has happened to the interest rate - there is an early repayment penalty if the interest rate drops. https://www.bnz.co.nz/support/home-loans/managing-your-loan/early-repayment-charges https://www.bnz.co.nz/support/home-loans/managing-your-loan/...