Important disclosure
Discount Variable
Interest Rate
5.79%
p.a
Variable
Comparison Rate*
5.81%
p.a
RateCity Says
“Pay no ongoing fees and enjoy the flexibility to make extra repayments and access redraw.”
5.79%
p.a
Variable
5.81%
p.a
$3,158
based on $500,000 loan amount for 25 years at 5.79%
Calculate your repayments for this loan
Your estimated repayment
$3,158
based on $500,000 loan amount for 25 years at 5.79%
Pros and cons
For Discount Variable Home Loan ($150k+) (LVR 70%-80%)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan
Heritage Bank Variable Rate Home loan overview
For Discount Variable Home Loan ($150k+) (LVR 70%-80%)
Details
Maximum LVR 80% | Total Repayments $947,289 |
Interest rate type Variable | |
Borrowing range
$150k
-
$100m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Repayment type Principal and Interest |
Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Target Market Determination Visit Heritage Bank, a trading name of Heritage and People’s Choice Limited to view Target Market Determination. |
Features
Extra repayments Unlimited extra repayments | Redraw facility Redraw fee: $0 |
Offset account No | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits |
Fees
Total estimated upfront fees $210 | Application fee $0 |
Legal fee $0 | Valuation fee $0 |
Settlement fee $210 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $345 |
How to apply
If you'd like to apply for this product or just get more information, follow the application process on Heritage Bank.
