product logo

Home Advantage Fixed Home Loan 1 Year

For any query, Call: 1300 001 153
SpecialNo annual fee for first year of Home Advantage Package loans applied by 31 October 2018 and disbursed by 28 February 2019.
Compare

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros and Cons

Pros:
  • Extra low interest rate for refinancers
  • Suitable for low deposits
  • Parents can sign as guarantor
  • Extra repayments + redraw services
Cons:
  • Annual fee charged
  • Discharge fee at end of loan
  • Repayments won't decrease if RBA cuts rates

Fees and Features

Maximum LVR
Maximum LVR
95%
Interest rate structure
Interest rate structure
Fixed - 1 year
Borrowing range
Borrowing range
$150k - $100m
Total repayments
Total repayments
$424,080
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Partial offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $0
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$150.00
Application fee
Application fee
$0
Settlement fee
Settlement fee
$150
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$350 annually
Discharge fee
Discharge fee
$250
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
95%
Interest rate structure
Interest rate structure
Fixed - 1 year
Borrowing range
Borrowing range
$150k - $100m
Total repayments
Total repayments
$424,080
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Partial offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $0
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$150.00
Application fee
Application fee
$0
Settlement fee
Settlement fee
$150
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$350 annually
Discharge fee
Discharge fee
$250
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Other Benefits
First year package fee is waived (saving $350)

Compare and review home loans with similar features

Loan Profile
Advertised rate
Advertised rate
3.84%
Fixed - 1 year
Advertised rate
3.99%
Fixed - 1 year
Advertised rate
3.62%
Variable
Advertised rate
3.60%
Variable
Comparison rate*
Comparison rate*
4.35%
Comparison rate*
4.78%
Comparison rate*
3.62%
Comparison rate*
3.64%
Monthly repayment
Monthly repayment
$1,171
Monthly repayment
$1,192
Monthly repayment
$1,139
Monthly repayment
$1,137
Total repayments
Total repayments
$421,560
Total repayments
$429,120
Total repayments
$410,040
Total repayments
$409,320
Minimum deposit %
Minimum deposit %
10%
Minimum deposit %
20%
Minimum deposit %
5%
Minimum deposit %
5%
Loan term
Loan term
1 - 30 years
Loan term
1 - 30 years
Loan term
1 - 30 years
Loan term
10 - 30 years
Refinance
Refinance
Refinance
Refinance
Refinance
Loan Fees
Estimated upfront fees
Estimated upfront fees
$0
Estimated upfront fees
$595.00
Estimated upfront fees
$0
Estimated upfront fees
$607.00
Legal fee
Legal fee
$0
Legal fee
$0
Legal fee
$0
Legal fee
$365
Valuation fee
Valuation fee
$0
Valuation fee
$0
Valuation fee
$0
Valuation fee
$242
Discharge fee
Discharge fee
$250
Discharge fee
$250
Discharge fee
$297
Discharge fee
$250
Application fee
Application fee
$0
Application fee
$595
Application fee
$0
Application fee
$0
Ongoing fee
Ongoing fee
$350 annually
Ongoing fee
$0
Ongoing fee
$0
Ongoing fee
$0
Repayments Redraws
Offset account
Offset account
100% offset account
Offset account
100% offset account
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Extra repayments
Allowed with restrictions
Extra repayments
Unlimited extra repayments
Extra repayments
Unlimited extra repayments
Interest Rate Options
Interest rate structure
Interest rate structure
Fixed - 1 year
Interest rate structure
Fixed - 1 year
Interest rate structure
Variable
Interest rate structure
Variable
View NowView NowView NowView Now

The RateCity team is here to help

Questions? We’re only a call away.

Call us now
1300 001 153
Office hours: Monday – Friday | 9am – 6pm

Heritage Bank is a Queensland-based mutual bank that is owned by its customers rather than shareholders.

Heritage Bank offers a wide range of fixed and variable mortgages and charges home loan rates that tend to be below the market average.

Heritage Bank is Australia’s largest mutual bank and has branches throughout Queensland.

Compare your product with the big 4 banks, or add more products to compare
As seen on