Important disclosure
Discount Variable
Cashback
$2000 cashback on Heritage home loan ~ Ends in about 2 monthsTo qualify for the Cashback, you'll need to: Apply for an eligible home loan between 20 July 2022 and 30 September 2022 and settle on or before 31 December 2022; and Open or hold either a Simply Access or a Mortgage Crusher transaction account under the same membership as your loan; and Have your salary credited by your employer at least twice to this transaction account within 60 days of your home loan settling. An eligible home loan is one of the following Heritage home loans: Discount Variable; Standard Variable (including Home Advantage Package eligible loans); Fixed Rate (including Home Advantage Package eligible loans); and Your total lending must be a minimum of $500,000, but this can be across multiple loan accounts and/or related memberships.
RateCity Says: Pay no ongoing fees and enjoy the flexibility to make extra repayments and access redraw.
3.40
% p.a
Variable
3.42
% p.a
$3,294
based on $665,000 loan amount for 25 years at 3.4%
Calculate your repayments for this loan
Your estimated repayment
$3,294
based on $665,000 loan amount for 25 years at 3.4%
Quick home loan review
For Discount Variable Home Loan ($150k+) (LVR 70%-80%)
These are the benefits of this home loan.
- Interest rates ranked in the best 20%
- No ongoing fees
- Redraw facility available
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Split account option
These are the drawbacks of this home loan.
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan
Home loan overview
For Discount Variable Home Loan ($150k+) (LVR 70%-80%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 80% | Total Repayments $988,200 |
Interest rate type Variable | |
Borrowing range
$150k
-
$100m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Principal & interest |
Interest only | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Features
Extra repayments Unlimited extra repayments | Offset account No |
Redraw facility Redraw fee: $20 | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
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 |
Application method
Online | Phone |
Broker | In branch |
- Cashback $2000 cashback on Heritage home loanTo qualify for the Cashback, you'll need to: Apply for an eligible home loan between 20 July 2022 and 30 September 2022 and settle on or before 31 December 2022; and Open or hold either a Simply Access or a Mortgage Crusher transaction account under the same membership as your loan; and Have your salary credited by your employer at least twice to this transaction account within 60 days of your home loan settling. An eligible home loan is one of the following Heritage home loans: Discount Variable; Standard Variable (including Home Advantage Package eligible loans); Fixed Rate (including Home Advantage Package eligible loans); and Your total lending must be a minimum of $500,000, but this can be across multiple loan accounts and/or related memberships.
Target Market Determination
Visit Heritage Bank to view Target Market Determination.
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