Rates & Fees Explained

Understand livestock finance pricing in NZ. See how rates are set, typical ranges, fees, and example scenarios for cattle and sheep purchases.

Typical rate ranges

🐄

Dairy Cattle

7.5% - 11.5%

Variable rates

🥩

Beef Cattle

8.0% - 12.0%

Variable rates

🐑

Sheep

8.5% - 12.5%

Variable rates

🏆

Stud Stock

9.0% - 14.0%

Variable rates

*Rates are indicative and depend on individual circumstances, security, and market conditions.

How pricing is set

Rate Factors

  • •
    Stock Type & Quality: Dairy cattle typically get better rates than sheep
  • •
    LVR/Advance Rate: Lower leverage = better pricing
  • •
    Security Offered: Property security improves terms
  • •
    Farm Experience: Proven track record reduces risk
  • •
    Facility Size: Larger facilities may get volume discounts

Fee Structure

Establishment Fee

$1,500 - $3,500 (one-time)

Monthly Service Fee

$40 - $100 per month

Annual Review Fee

$500 - $1,500 (if applicable)

Early Repayment

Usually no penalty

Examples & scenarios

Example 1: Dairy Cattle

Purchase Price: $500,000
LVR: 75%
Facility Amount: $375,000
Interest Rate: 8.5% p.a.
Monthly Interest: ~$2,656
Service Fee: $60/month
Total Monthly Cost: ~$2,716

Example 2: Sheep

Purchase Price: $200,000
LVR: 65%
Facility Amount: $130,000
Interest Rate: 9.5% p.a.
Monthly Interest: ~$1,029
Service Fee: $45/month
Total Monthly Cost: ~$1,074

How to get your best rate

Before You Apply

  • • Prepare comprehensive financial statements
  • • Document your livestock management experience
  • • Get stock valuations from qualified assessors
  • • Consider additional security options
  • • Plan for seasonal cashflow variations

During the Process

  • • Be transparent about your farming operation
  • • Provide detailed stock purchase plans
  • • Show clear exit strategies
  • • Compare multiple lender options
  • • Negotiate fees and review terms

Rate & Fee Questions

Are rates fixed or variable?

Most livestock facilities are variable with periodic reviews. Some fees are fixed; always check the full cost of funds.

How often do rates change?

Lenders review facilities regularly. Rates can change with market funding costs, risk profile, and stock performance.

What fees should I expect?

Common fees include establishment, monthly/annual service, and sometimes line or transaction fees. We'll disclose these in comparisons.

Does a higher deposit improve my rate?

Usually, yes. Lower leverage and stronger security can improve pricing and approval odds.

Can I refinance to reduce my rate?

Yes, subject to eligibility and settlement costs. We can help you compare options at review time.

Get Your Personalised Rate Quote

See exactly what rates and fees you qualify for.

Get My Rate Quote 🚀