The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan of at least $20,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan of at least $20,000 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 | < 90% | $20,000 | |
| | Investor | Principal & Interest | < 90% | $20,000 | |
| | Investor | Interest Only | < 90% | $20,000 |
Owner Occupier (Principal & Interest)
LVR < 90%
Loan: $20,000
Investor (Principal & Interest)
LVR < 90%
Loan: $20,000
Investor (Interest Only)
LVR < 90%
Loan: $20,000
n/a
n/a
n/a
n/a
2.59% (4.46%*)
2.59% (4.30%*)
2.59% (4.14%*)
n/a
2.79% (3.95%*)
n/a
n/a
4.49% p.a.
$600.00
$0.00
$0.00
$150.00
n/a
$8.00 monthly
$300.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
$2000 cashback for first home buyers with Lenders Mortgage Insurance through Heritage Bank, apply by 31 October 2020 and settle before 28 February 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.
n/a
n/a
n/a
n/a
2.89% (4.98%*)
2.88% (4.79%*)
2.88% (4.61%*)
n/a
3.09% (4.39%*)
n/a
n/a
5.04% p.a.
$600.00
$0.00
$0.00
$150.00
n/a
$8.00 monthly
$300.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
$2000 cashback for first home buyers with Lenders Mortgage Insurance through Heritage Bank, apply by 31 October 2020 and settle before 28 February 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.
n/a
n/a
n/a
n/a
2.99% (4.99%*)
2.98% (4.82%*)
2.98% (4.66%*)
n/a
3.19% (4.45%*)
n/a
n/a
5.04% p.a.
$600.00
$0.00
$0.00
$150.00
n/a
$8.00 monthly
$300.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$0.00
yes
no
none
none
$2000 cashback for first home buyers with Lenders Mortgage Insurance through Heritage Bank, apply by 31 October 2020 and settle before 28 February 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.
Heritage is an excellent bank. However I feel that they could do more to sell their home loans or others loans. They should make the statement “comparison rate” more understandable. What does that even mean.
Read full reviewHeritage is an excellent bank. However I feel that they could do more to sell their home loans or others loans. They should make the statement “comparison rate” more understandable. What does that even mean.
Excellent customer service with outstanding and very competitive interest rates. More personal then the big 4, extremely happy with their products.
Read full reviewExcellent customer service with outstanding and very competitive interest rates. More personal then the big 4, extremely happy with their products.
We severed our association with one of the big 4 (which bank you ask?) for a number of reasons including inflexibility and terrible customer service. We find Heritage wonderful to deal with - courteous, efficient and helpful. We feel like people not just numbers. Five years on we have never regretted our decision.
Read full reviewWe severed our association with one of the big 4 (which bank you ask?) for a number of reasons including inflexibility and terrible customer service. We find Heritage wonderful to deal with - courteous, efficient and helpful. We feel like people not just numbers. Five years on we have never regretted our decision.
Heritage has great customer service and have helped us to buy our first home.
Read full reviewHeritage has great customer service and have helped us to buy our first home.
Heritage is a local bank with great customer service and competitive rates.
Read full reviewHeritage is a local bank with great customer service and competitive rates.
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.
Bank of Queensland
Economy
2.59% p.a. variable
2.76% p.a.
AMP Bank
Variable Rate Loan (Professional Package)
2.59% p.a. variable
3.00% p.a.
Bank of Queensland
Economy
2.59% p.a. variable
2.76% p.a.
AMP Bank
Variable Rate Loan (Professional Package)
2.59% p.a. variable
3.00% p.a.
Bank of Queensland
Economy
2.59% p.a.
2.76% p.a.
Homestar
Star Classic Fixed Home Loan
2.06% p.a.
fixed 3 years
2.38% p.a.
Bank of Queensland
Fixed Rate
2.25% p.a.
fixed 3 years
3.41% p.a.
AMP Bank
Fixed Rate Loan (Professional Package)
2.49% p.a.
fixed 3 years
3.07% p.a.
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.
