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- Bank of Heritage Isle
- First Home Loan Fixed (Principal and Interest) 3 Years (LVR < 90%)
First Home Loan Fixed
- Owner Occupied
- Fixed 3 years
- 5% min deposit
- P&I
Interest rate p.a.
5.59%
Comparison rate* p.a.
5.85%
First Home Loan Fixed
- Owner Occupied
- Fixed 3 years
- 5% min deposit
- P&I
Interest rate p.a.
5.59%
Comparison rate* p.a.
5.85%
Calculate your repayments for this loan
$
Your estimated repayment
$2,867
based on 500000 loan amount for 25 years at 5.59%
Monthly Repayment
$2,867
Total interest
$553,567
Total payments
$1,053,567
Start date
04-2024
End date
04-2049
$1,053,567
025 years
Principal owed
Total repayments owed
Interest owed
Pros and Cons
For First Home Loan Fixed
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Suitable for low deposits
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- Limited extra repayments
- No offset account
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Bank of Heritage Isle Fixed - 3 years Rate Home Loan overview
For First Home Loan Fixed (Principal and Interest) 3 Years (LVR 80%-95%)
Details
Maximum LVR
95%
Total repayments
$1,053,567
Interest rate type
Fixed - 3 years
Borrowing range
$50k - $2m
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
Repayment options
Monthly
Target Market Determination
Visit Bank of Heritage Isle to view Target Market Determination.
Features
Extra repayments
Allowed with restrictions
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$600
Application fee
$600
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$294
Other Restrictions
Early exit fee may apply.
