Home Improvement Loans
Looking to spruce up the house?
now’s the time
Whether you’re upgrading your kitchen, adding a new room, or refreshing your outdoor space, a home renovation loan can help you achieve the home of your dreams.
Get a Home Renovation Loan up to $60,000
Do you need some cash to kick-start your home renovations or DIY projects? Or perhaps you need a helping hand to put the all-important finishing touches on your new home? A Finance Now personal loan can let you live the way you want to.
Disclaimer: Results from this calculator are to be used as a guide only. It is not a quote or an offer of finance. It is not an indication of loan pre-qualification. The calculation uses an example rate of 15% p.a. and is based on amortised fixed payments and interest rate for the term of the loan.
*Loan terms and things you need to know: Finance Now’s normal lending criteria and loan terms apply. Loan Applications are subject to Responsible Lending Enquiries. Repayments shown are indicative only and include a $215 application fee and a $2.50 monthly service fee. Interest rates for personal loans range from 13.95% to 29.95% p.a. Loan terms range from 6 to 60 months. Full disclosure of all of the terms of your loan (including the total amount payable over the term of the loan) will be provided to you prior to finalisation of your loan. Payment Protection Insurance (PPI) is optional and has NOT been included in the payment amounts.
Ready to start your loan application?
We make navigating your home improvement loan application as simple as possible.
Here’s what you need to get started:
- Be a New Zealand Citizen or Permanent Resident currently living in New Zealand.
- Be at least 18 years old.
- Provide your income details (weekly, fortnightly, or monthly after-tax income).
- Present valid proof of identity (Passport or Driver's Licence).
Start renovating sooner with a Home Improvement Loan from Finance Now.
Renovate Like a Cash Buyer
Don’t wait for your savings or delay your plans—apply today and get the funds you need to kickstart your renovation. Whether it’s locking in the tradies or purchasing materials, you can move forward with the confidence of a cash buyer.
Fast Approvals. Apply Online Anytime
No more putting off that dream kitchen or bathroom. With Finance Now’s fast approval process, you can apply for your home improvement loan online in minutes. What’s stopping you from starting your renovation today?
Personalised Loans for Every Project
No matter the size or scale of your renovation—whether it’s a new bathroom, a kitchen upgrade, or adding a whole new storey—our personalised home renovation loans are tailored to suit your specific project and budget.
Should I put it on the Mortgage?
Before putting the renovation costs on your mortgage, do the maths. While extending the mortgage might look great from a low interest rate viewpoint – a short-term home improvement loan is likely to save you heaps in the long run.
You’ll have that new kitchen paid off in no time and you won’t have laden your mortgage with higher repayments for the next 15 years!
What our customers say
Transform your Home in 3 Simple Steps
Apply Online
Complete our easy application form in just a few minutes.
Get Approved Fast
We’ll review your application and provide a quick decision.
Loan Applications subject to Responsible Lending Enquiries.
Receive Your Funds
Once approved, your funds will be in your account, ready to use.
About Home Improvement Loans from Finance Now
What is a Home Renovation Loan?
A home renovation loan is a type of personal loan designed to help you fund home improvement projects, from small DIY updates to major renovations.
Whether you’re upgrading your kitchen, adding an extra room, or landscaping your garden, a home improvement loan can provide the financial flexibility you need without the long-term costs of adding it to your mortgage.
At Finance Now, we offer personalised home improvement loans tailored to suit your budget and project requirements. Unlike adding your renovation costs to your mortgage, our short-term loans can often save you money by reducing the overall interest you’ll pay. Plus, with fast approvals and a simple online application, you’ll have the funds in hand quickly so you can focus on your project.
A home improvement loan and a home renovation loan are often used interchangeably but can have slight differences depending on the lender and the specific financial terms.
- Home Improvement Loan
This is generally a type of personal loan used for smaller projects like upgrading kitchens, adding a deck, or refurbishing a bathroom. - Home Renovation Loan
While similar, a home renovation loan may also include larger, more significant changes to the home such as adding a new room, extensive repairs, or large structural changes.
Why Choose a Home Renovation Loan?
Fast Access to Funds
Don’t delay your project—get fast approval and the money you need to start renovating right away.
Personalised Rates and Terms
With Finance Now, your loan terms are tailored to your credit profile and project needs, ensuring that you get the best rate for your renovation.
Flexible Repayment Options
Choose repayment terms that suit your budget, so you can renovate with peace of mind.
How Do Home Improvement Loans Work?
When you apply for a home improvement loan, you’ll receive a fixed amount of money that you’ll repay over an agreed term with a fixed interest rate.
This gives you clear, predictable monthly repayments, making it easier to budget for your project. Use our home renovation calculator to estimate your repayments and see how affordable your dream renovation could be.
Home Improvement Loan FAQs
What can I use a home improvement loan for?
A home improvement loan can be used for a wide range of projects—anything from minor upgrades like painting and landscaping to major renovations like a kitchen remodel, bathroom upgrade, or even adding an extra room. Essentially, if it’s improving your home, a home renovation loan can help fund it.
How is a home improvement loan different from using my mortgage?
Adding renovation costs to your mortgage might seem convenient, but it often results in much higher long-term interest costs. A short-term home improvement loan typically has a fixed repayment period, helping you pay off the loan faster and saving you money on interest.
Can I get approved for a home improvement loan if I already have a mortgage?
Yes! A home improvement loan is separate from your mortgage, and you can apply for one even if you have an existing mortgage. Since it’s a personal loan, it won’t affect your mortgage, and you won’t need to refinance or adjust your home loan to access funds for your project.
How do I apply for a home renovation loan?
Applying is easy! You can complete your application online in just a few minutes. After providing basic information about your income, expenses, and project, you’ll receive a personalised quote with your loan terms. If approved, you can have the funds ready quickly, often within a few days.
What is the difference between secured and unsecured home improvement loans?
A secured home improvement loan requires collateral, such as your motor vehicle, to back the loan. In contrast, an unsecured home improvement loan doesn’t require any collateral. Most personal home improvement loans, including those from Finance Now, are unsecured, making the process simpler and quicker.
How do I use the home renovation loan calculator?
Our home renovation loan calculator helps you estimate your loan repayments based on the amount you need, the loan term, and the interest rate. Just input these details to see how much your monthly payments will be, helping you budget before you apply.
At Finance Now, we’re here to help you transform your home with flexible and affordable home renovation loans.
Whether you’re planning a small DIY project or a large-scale renovation, our fast approvals, personalised rates, and simple online application make it easy to get started.