Heritage Bank Home Advantage Variable Home Loan ($250k-$700k) (LVR < 80%) | Review & Compare Home Loans

Home Advantage Package

RateCity Says: Bundle your home loan with a Heritage Bank credit card with discounted fees, plus access a 100% offset account and unlimited extra repayments

On this page

Explore

Interest Rate

3.19

% p.a

Variable

Comparison Rate*

3.58

% p.a

Maximum LVR

80%

Real Time Rating™

Monthly Repayment

$1,452

based on $300,000 loan amount for 25 years at 3.19%

Go to site

Compare

View Now

On this page

Explore

Summary
Features & fees
Similar Products
Top Brokers
Latest News

Interest Rate

3.19

% p.a

Variable

Comparison Rate*

3.58

% p.a

Maximum LVR

80%

Real Time Rating™

Monthly Repayment

$1,452

based on $300,000 loan amount for 25 years at 3.19%

Go to site

Compare

View Now

Calculate your repayments for this loan

Your estimated repayment

$1,452

based on $300,000 loan amount for 25 years at 3.19%

Quick home loan review

For Home Advantage Variable Home Loan ($250k-$700k) (LVR 70%-80%)

These are the benefits of this home loan.

Interest rates ranked in the best 20%
100% full offset account
Parents can sign as guarantor
Extra repayments and redraw facility
Free redraw facility
Split account option

These are the drawbacks of this home loan.

Ongoing fee
Higher than average upfront fee
Discharge fee at end of loan

Home loan overview

For Home Advantage Variable Home Loan ($250k-$700k) (LVR 70%-80%)

TMD

Details
Features
Fees
Application method

Details

Maximum LVR 80%	Total Repayments $435,600 View repayment schedule »
Next LVR 3.44% for max LVR 90%	Interest rate type Variable
Borrowing range $250k - $700k Calculate how much you can borrow	Suitable for Owner Occupiers
Loan term range 1 - 30 years	Principal & interest
Interest only	Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make repayments Fortnightly, Monthly, Weekly

Features

Extra repayments Unlimited extra repayments	Offset account 100% offset account
Redraw facility Redraw fee: $0	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 $350 annually	Discharge fee 345

Application method

Online Compare View Now	Phone
Broker	In branch

Available

Not available

Data not captured

Target Market Determination

Visit Heritage Bank to view Target Market Determination.

Other Benefits

100% offset account available on variable loans

Other Restrictions

Minimum balance to receive offset is $500

View Now

Checkout more home loans

Interest Rate

3.44

% p.a

Variable

Comparison Rate*

3.83

% p.a

Cashback

Refinance and get up to $3,000 cashback. $2,000 cashback on loans ≥$250K; bonus $1,000 cashback on loans ≥$500K. LVR ≤90%. Limited time offers extended. T&Cs apply. ~ Ends in 3 months

Real Time Rating™

Interest Rate

2.74

% p.a

Variable

Comparison Rate*

2.74

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Extra repayments and redraw facility

Real Time Rating™

Interest Rate

4.42

% p.a

Variable

Comparison Rate*

4.81

% p.a

Cashback

$2,000 cashback when you refinance a loan of $250,000 or more

Real Time Rating™

Interest Rate

2.74

% p.a

Variable

Comparison Rate*

2.69

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Extra repayments and redraw facility

Real Time Rating™

Product data updated on 6 Jul 2022

FAQs

The range you can borrow from this loan is $250k to $700k.

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

Heritage Bank allows you to have this loan for a range of 1 to 30 years.

Heritage Bank allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

While it could change based on your circumstances, RateCity estimates that this loan option comes with $210 worth of upfront fees.

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Heritage Bank makes it possible to apply for this product online. Apply here.

Yes, this Heritage Bank loan is available through a broker. Find a broker to help you with your needs.

powering smart financial decisions

Loan Types

Calculators

Guides and Help

Popular Lenders

Loan Types

Calculators

Guides and Help

Popular Lenders

Loan Types

Calculators

Guides and Help

Popular Lenders

Card Types

Calculators

Guides and Help

Popular Lenders

Banking

Loan Types

Guides and Help

Popular Lenders