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Heritage Bank Discount Variable Home Loan

Advertiser disclosure

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

  • 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

Rate
2.39% p.a.
Comparison Rate
2.44% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.54% p.a.
Comparison Rate
2.59% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.59% p.a.
Comparison Rate
2.64% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.89% p.a.
Comparison Rate
2.94% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.89% p.a.
Comparison Rate
2.94% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.84% p.a.
Comparison Rate
2.89% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.89% p.a.
Comparison Rate
2.94% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.78% p.a.
Comparison Rate
2.83% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.84% p.a.
Comparison Rate
2.89% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
3.19% p.a.
Comparison Rate
3.24% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
3.14% p.a.
Comparison Rate
3.19% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
3.04% p.a.
Comparison Rate
3.09% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
2.98% p.a.
Comparison Rate
3.03% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
3.09% p.a.
Comparison Rate
3.14% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
3.04% p.a.
Comparison Rate
3.09% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
3.39% p.a.
Comparison Rate
3.44% p.a.
Service fee
$0.00
Upfront fee
$750
Rate
3.44% p.a.
Comparison Rate
3.49% p.a.
Service fee
$0.00
Upfront fee
$750

Mozo editorial review Heritage Bank Discount Variable Home Loan

Last updated: 1 March 2021.

binocular icon
What's hot
  • Unlimited extra repayments and redraws
  • 2.59% p.a. variable rate (2.64% comparison rate*) for owner occupier loans
  • $0 ongoing fees
What's not
  • $20 redraw fee
Mozo snapshot

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.

key icon
Key features

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. 

snapshot
Who is it good for

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?

question icon
Any catches

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%.  

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $700,000

  • none

  • none

  • 70.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • $699,999

  • none

  • 70.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • none

  • none

  • 80.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • none

  • 80.00%

  • 90.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • none

  • 90.00%

  • 95.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • $699,999

  • none

  • 70.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • $699,999

  • none

  • 80.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $700,000

  • none

  • none

  • 70.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $700,000

  • none

  • none

  • 80.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • $699,999

  • 80.00%

  • 90.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $700,000

  • none

  • 80.00%

  • 90.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • $699,999

  • none

  • 70.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $700,000

  • none

  • none

  • 70.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • $699,999

  • none

  • 80.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $700,000

  • none

  • none

  • 80.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • $699,999

  • 80.00%

  • 90.00%

Features
  • 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.

Details

Rates and fees information correct as at 8 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 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

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $700,000

  • none

  • 80.00%

  • 90.00%

Features
  • 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.

Customer Reviews

How are Heritage Bank home loans rated by the Mozo community?

Overall
8.3/10
Price
8.0/10
Features
7.6/10
Customer service
8.5/10
Convenience
7.9/10
Trust
8.4/10

Latest reviews of Heritage Bank Discount Variable Home Loan

Thumbnail icon for Heritage Bank

About Heritage Bank

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.

See Heritage Bank home loans

Thumbnail icon for loans.com.au

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.

Thumbnail icon for Macquarie

Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

Thumbnail icon for UBank

UBank

UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

Thumbnail icon for Greater Bank

Greater Bank

Great Rate Home Loan (Fixed)

1.99% p.a.
fixed 3 years

3.35% p.a.

Thumbnail icon for Homestar

Homestar

Star Gold Home Loan

1.79% p.a. variable

1.84% p.a.

Thumbnail icon for Bank of Queensland

Bank of Queensland

Fixed Rate

2.09% p.a.
fixed 3 years

3.01% p.a.

Thumbnail icon for Newcastle Permanent

Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

2.18% p.a.
fixed 3 years

3.62% p.a.

Thumbnail icon for loans.com.au

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.

Thumbnail icon for Macquarie

Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

Thumbnail icon for UBank

UBank

UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

Thumbnail icon for Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a. variable

3.34% p.a.

Thumbnail icon for Greater Bank

Greater Bank

Great Rate Home Loan (Fixed)

1.99% p.a.
fixed 3 years

3.35% p.a.

Thumbnail icon for 86 400

86 400

Neat Home Loan

2.19% p.a. variable

2.20% p.a.

Thumbnail icon for Suncorp

Suncorp

Fixed Home Loan (Home Package Plus)

1.99% p.a.
fixed 3 years

2.83% p.a.

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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.

Thumbnail icon for Macquarie

Macquarie

Basic Home Loan

2.64% p.a.

2.64% p.a.

Thumbnail icon for UBank

UBank

UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

Thumbnail icon for Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a.

3.34% p.a.

Thumbnail icon for 86 400

86 400

Neat Home Loan

2.19% p.a.

2.20% p.a.

Thumbnail icon for Bank of Queensland

Bank of Queensland

Economy

2.59% p.a.

2.76% p.a.

Thumbnail icon for People's Choice Credit Union

People's Choice Credit Union

Basic Variable Home Loan

2.49% p.a.

2.49% p.a.

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loans.com.au

Fixed Home Loan

1.99% p.a.
fixed 3 years

2.70% p.a.

Thumbnail icon for Macquarie

Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

Thumbnail icon for UBank

UBank

UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

Thumbnail icon for Newcastle Permanent

Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

2.18% p.a.
fixed 3 years

3.62% p.a.

Thumbnail icon for People's Choice Credit Union

People's Choice Credit Union

Fixed Rate Home Loan (Package)

1.99% p.a.
fixed 3 years

3.64% p.a.

Thumbnail icon for Greater Bank

Greater Bank

Great Rate Home Loan (Fixed)

1.99% p.a.
fixed 3 years

3.35% p.a.

Thumbnail icon for Bank of Queensland

Bank of Queensland

Fixed Rate

2.09% p.a.
fixed 3 years

3.01% p.a.

Thumbnail icon for Well Home Loans

Well Home Loans

Well Balanced Fixed

2.04% p.a.
fixed 3 years

2.17% p.a.

Thumbnail icon for loans.com.au

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

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

$0.00

Thumbnail icon for Homestar

Homestar

Star Gold Home Loan

1.79% p.a.

1.84% p.a.

$0.00

Thumbnail icon for Well Home Loans

Well Home Loans

Well Balanced

2.17% p.a.

2.20% p.a.

$0.00

Thumbnail icon for 86 400

86 400

Neat Home Loan

2.19% p.a.

2.20% p.a.

$0.00

Thumbnail icon for Yard

Yard

Variable Home Loan Special

2.09% p.a.

2.12% p.a.

$0.00

Thumbnail icon for UBank

UBank

UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

$0.00

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.29% p.a.

2.23% 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.