The details shown below are for an owner occupier taking out a principal & interest loan of at least $700,000 with an LVR below 70%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $699,999 with an LVR below 70%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 95%
The details shown below are for an investor taking out a principal & interest loan between $150,000 and $699,999 with an LVR below 70%
The details shown below are for an investor taking out a principal & interest loan between $150,000 and $699,999 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $700,000 with an LVR below 70%
The details shown below are for an investor taking out a principal & interest loan of at least $700,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $150,000 and $699,999 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan of at least $700,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan between $150,000 and $699,999 with an LVR below 70%
The details shown below are for an investor taking out a interest only loan of at least $700,000 with an LVR below 70%
The details shown below are for an investor taking out a interest only loan between $150,000 and $699,999 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan of at least $700,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $150,000 and $699,999 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan of at least $700,000 with an LVR below 90%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 70% | $700,000 | |
| | Owner Occupier | Principal & Interest | < 70% | $150,000 | $699,999 |
| | Owner Occupier | Principal & Interest | < 80% | $150,000 | |
| | Owner Occupier | Principal & Interest | 80%-90% | $150,000 | |
| | Owner Occupier | Principal & Interest | 90%-95% | $150,000 | |
| | Investor | Principal & Interest | < 70% | $150,000 | $699,999 |
| | Investor | Principal & Interest | < 80% | $150,000 | $699,999 |
| | Investor | Principal & Interest | < 70% | $700,000 | |
| | Investor | Principal & Interest | < 80% | $700,000 | |
| | Investor | Principal & Interest | 80%-90% | $150,000 | $699,999 |
| | Investor | Principal & Interest | 80%-90% | $700,000 | |
| | Investor | Interest Only | < 70% | $150,000 | $699,999 |
| | Investor | Interest Only | < 70% | $700,000 | |
| | Investor | Interest Only | < 80% | $150,000 | $699,999 |
| | Investor | Interest Only | < 80% | $700,000 | |
| | Investor | Interest Only | 80%-90% | $150,000 | $699,999 |
| | Investor | Interest Only | 80%-90% | $700,000 |
Owner Occupier (Principal & Interest)
LVR < 70%
Loan: $700,000
Owner Occupier (Principal & Interest)
LVR < 70%
Loan: $150,000 $699,999
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $150,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $150,000
Owner Occupier (Principal & Interest)
LVR 90%-95%
Loan: $150,000
Investor (Principal & Interest)
LVR < 70%
Loan: $150,000 $699,999
Investor (Principal & Interest)
LVR < 80%
Loan: $150,000 $699,999
Investor (Principal & Interest)
LVR < 70%
Loan: $700,000
Investor (Principal & Interest)
LVR < 80%
Loan: $700,000
Investor (Principal & Interest)
LVR 80%-90%
Loan: $150,000 $699,999
Investor (Principal & Interest)
LVR 80%-90%
Loan: $700,000
Investor (Interest Only)
LVR < 70%
Loan: $150,000 $699,999
Investor (Interest Only)
LVR < 70%
Loan: $700,000
Investor (Interest Only)
LVR < 80%
Loan: $150,000 $699,999
Investor (Interest Only)
LVR < 80%
Loan: $700,000
Investor (Interest Only)
LVR 80%-90%
Loan: $150,000 $699,999
Investor (Interest Only)
LVR 80%-90%
Loan: $700,000
With a low 2.59% variable rate (2.64% comparison rate*) and no ongoing fees, the Bank Discount Special Rate Home Loan from Heritage Bank delivers great value for owner occupiers. The loan is available for LVRs up to 95% but to get this rate, you'll need to have at least a 20% deposit and borrow at least $150,000.
The Heritage Bank Discount Special Rate Loan comes with different rate tiers depending on your LVR. If you're borrowing less than 80% of the property's value, your rate will be a low 2.59% (2.64% comparison rate*), but if borrowing between 80% and 95% of the value you'll score a rate of 2.89% (2.94% comparison rate*). Heritage have also recently introduced a new rate for LVRs under 70% of 2.54% (2.59% comparison rate*).
You don't have to stress about repayment timings, Heritage Bank gives you the option of choosing the repayment frequency that best suits you. Options include weekly, fortnight or monthly repayments.
There's no offset account on offer but you can make extra repayments at anytime for free which will help you to reduce the time it takes to pay off your loan and save on interest. The loan also has unlimited redraws so if you need to you can access those funds later down the track. And with no ongoing fees, all of your repayments will go towards paying back your loan not expensive bank fees.
People who want a loan with flexibility and great value, particularly those with a 20% or more deposit. Why pay more in interest than you absolutely need to?
While the loan is available for up to a 95% LVR, just be mindful that for loans over 80% loan-to-value-ratio, you'll get a steeper interest rate and be required to pay Lenders Mortgage Insurance. This insurance isn't unique to Heritage Bank, it applies to all loans with LVRs more than 80%.
2.39% p.a.
n/a
n/a
n/a
2.44% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$700,000
none
none
70.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.54% p.a.
n/a
n/a
n/a
2.59% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
$699,999
none
70.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.59% p.a.
n/a
n/a
n/a
2.64% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
none
none
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.89% p.a.
n/a
n/a
n/a
2.94% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
none
80.00%
90.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.89% p.a.
n/a
n/a
n/a
2.94% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
none
90.00%
95.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.84% p.a.
n/a
n/a
n/a
2.89% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
$699,999
none
70.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.89% p.a.
n/a
n/a
n/a
2.94% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
$699,999
none
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.78% p.a.
n/a
n/a
n/a
2.83% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$700,000
none
none
70.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.84% p.a.
n/a
n/a
n/a
2.89% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$700,000
none
none
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.19% p.a.
n/a
n/a
n/a
3.24% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
$699,999
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.14% p.a.
n/a
n/a
n/a
3.19% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$700,000
none
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.04% p.a.
n/a
n/a
n/a
3.09% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
$699,999
none
70.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.98% p.a.
n/a
n/a
n/a
3.03% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$700,000
none
none
70.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.09% p.a.
n/a
n/a
n/a
3.14% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
$699,999
none
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.04% p.a.
n/a
n/a
n/a
3.09% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$700,000
none
none
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.39% p.a.
n/a
n/a
n/a
3.44% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$150,000
$699,999
80.00%
90.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.44% p.a.
n/a
n/a
n/a
3.49% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$700,000
none
80.00%
90.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
Receive up to $300 in bonus payments of $50 per month for the first 6 months when you meet bonus criteria. Available for applications made by 30 April 2021, settled by 31 July 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
Love the customer service at the branch in morayfield, as we now live in WA and do not have access to a branch. They go above and beyond with any help they can give.
Read full reviewLove the customer service at the branch in morayfield, as we now live in WA and do not have access to a branch. They go above and beyond with any help they can give.
Heritage Bank have very competitive pricing and interest rates. They do lack in terms of their internet banking features. At this stage they do not have online redraw.
Read full reviewHeritage Bank have very competitive pricing and interest rates. They do lack in terms of their internet banking features. At this stage they do not have online redraw.
I find a good service provided by Heritage Bank, I am always promptly put in contact with the department I am phoning. The employees are extremely helpful and always cheerful. I just wish the interest rate was as low as other banks concerning my Home Loan.
Read full reviewI find a good service provided by Heritage Bank, I am always promptly put in contact with the department I am phoning. The employees are extremely helpful and always cheerful. I just wish the interest rate was as low as other banks concerning my Home Loan.
My broker set up my loan so I had almost nothing to do with the bank. Any of my subsequent queries and transactions have been very easy. Staff are very helpful and polite. The app on my smartphone makes electronic banking easy. As far as my home loan goes, banking is completely virtual. That's the way I prefer it. No people, no queues, priceless.
Read full reviewMy broker set up my loan so I had almost nothing to do with the bank. Any of my subsequent queries and transactions have been very easy. Staff are very helpful and polite. The app on my smartphone makes electronic banking easy. As far as my home loan goes, banking is completely virtual. That's the way I prefer it. No people, no queues, priceless.
I like that when you call you get to speak with a Australian and you don't get hassled about new products.
Read full reviewI like that when you call you get to speak with a Australian and you don't get hassled about new products.
Heritage is Australia's largest member-owned bank. With a history going back to 1875, Heritage helps Australians realise their financial dreams. Heritage focuses on putting people first, not pursuing massive profits. They offer customers a full range of competitive personal banking products from home loans, saving accounts, term deposits, credit cards and much more.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a. variable
1.84% p.a.
Bank of Queensland
Fixed Rate
2.09% p.a.
fixed 3 years
3.01% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.18% p.a.
fixed 3 years
3.62% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Newcastle Permanent
Variable Home Loan (Premium Plus Package)
2.94% p.a. variable
3.34% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
Bank of Queensland
Economy
2.59% p.a.
2.76% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.18% p.a.
fixed 3 years
3.62% p.a.
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.99% p.a.
fixed 3 years
3.64% p.a.
Bank of Queensland
Fixed Rate
2.09% p.a.
fixed 3 years
3.01% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
$0.00
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
$0.00
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
