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Heritage Bank Fixed Rate Loan (Home Advantage)

The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $249,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $249,999 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan between $250,000 and $699,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $250,000 and $699,999 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $700,000 with an LVR below 80%

The details shown below are for an owner occupier 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 principal & interest loan between $150,000 and $249,999 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $249,999 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $250,000 and $699,999 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $250,000 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 80%

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 $249,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $150,000 and $249,999 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $250,000 and $699,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $250,000 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 80%

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 < 80%

    Loan: $150,000 $249,999

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000 $249,999

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $250,000 $699,999

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $250,000 $699,999

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $700,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $700,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $150,000 $249,999

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000 $249,999

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $250,000 $699,999

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $250,000 $699,999

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $700,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $700,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000 $249,999

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $150,000 $249,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $250,000 $699,999

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $250,000 $699,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $700,000

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $700,000

Fixed 3 year rate
2.59% p.a.
Comparison Rate*
3.28% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.59% p.a.
Comparison Rate*
3.48% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.59% p.a.
Comparison Rate*
3.28% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.59% p.a.
Comparison Rate*
3.44% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.59% p.a.
Comparison Rate*
3.20% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.59% p.a.
Comparison Rate*
3.41% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.88% p.a.
Comparison Rate*
3.56% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.88% p.a.
Comparison Rate*
3.73% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.88% p.a.
Comparison Rate*
3.52% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.88% p.a.
Comparison Rate*
3.70% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.88% p.a.
Comparison Rate*
3.49% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.88% p.a.
Comparison Rate*
3.66% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.98% p.a.
Comparison Rate*
3.73% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.98% p.a.
Comparison Rate*
3.97% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.98% p.a.
Comparison Rate*
3.69% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.98% p.a.
Comparison Rate*
3.94% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.98% p.a.
Comparison Rate*
3.66% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Fixed 3 year rate
2.98% p.a.
Comparison Rate*
3.90% p.a.
Service fee
$350.00 yearly
Upfront fee
$150

Mozo editorial review Heritage Bank Fixed Rate Loan (Home Advantage)

Last updated: 1 July 2020.

binocular icon
What's hot
  • Free extra repayments and redraw facility
  • $0 application fee
  • Family Guarantee to help avoid paying Lenders Mortgage Insurance
What's not
  • $350 yearly service fee
  • $300 discharge fee
Mozo snapshot

If you’re after a bit more certainty when it comes to your home loan repayments, locking in a fixed rate could be a good idea, and with 1, 2, 3 and 5 year terms available, the Heritage Bank Fixed Rate Home Loan (Home Advantage) offers plenty of choice. Add to that the ability to make free extra repayments and access a free redraw facility, and you’ve got a feature-rich home loan full of ways to save.

key icon
Key features

With the Heritage Bank Fixed Rate Home Loan (Home Advantage), you’ll be able to bundle your home loan with a credit card and bank account, plus receive fee waivers on credit cards and personal loans, and insurance discounts to boot. Fixed rates are available for either 1, 2, 3 or 5 years. Pick the 2 year option on a loan of between $250,000 and $699,999 (LVR <80%) and you’ll be looking at a rate of 2.59% p.a. (3.31% p.a. comparison rate*).

There are loan options available with LVRs up to 90% for owner occupiers and 90% for investors. If you’re an owner occupier, you’ll be glad to hear you can take advantage of the Family Guarantee, which will allow you to use the equity in a family member’s home to provide extra security on your loan. This is a good idea for one big reason: it will lower your LVR to 80% or less, meaning you won’t have to worry about paying for Lender’s Mortgage Insurance.

Repayments can be made weekly, fortnightly or monthly, and if you want to pay down the loan faster by making free extra repayments you can do so without having to worry about any fees. There’s also a free redraw facility, which will give you the chance to withdraw any extra repayments you’ve made if you need to.

Finally, there are a number of fees that come with this one, including the $150 settlement fee and the $300 discharge fee. The biggest charge however is the $350 service fee, which you’ll have to pay each year. So make sure that the package benefits - like insurance discounts and fee waivers on personal loans and credit cards - are worth the price tag.

snapshot
Who is it good for

If you like the idea of bundling other Heritage Bank products, and want a home loan that will allow you to budget around set repayments, the Heritage Bank Fixed Rate Home Loan (Home Advantage) is a good option.

snapshot
Any catches

You’ll have to be mindful of the revert rate that will kick in once the fixed term is up. If you borrow between $250,000 and $699,999 (LVR <80%) and fix for three years, you’ll see your rate jump up to 2.93% once the fixed term is up. Still not a bad offer - but make sure you keep an eye on whether it’s the best deal you can score when the time comes.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.59% (3.34%*)

  • 2.59% (3.31%*)

  • 2.59% (3.28%*)

  • n/a

  • 2.79% (3.30%*)

  • n/a

  • n/a

  • 2.98% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $150,000

  • $249,999

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.59% (3.59%*)

  • 2.59% (3.53%*)

  • 2.59% (3.48%*)

  • n/a

  • 2.79% (3.46%*)

  • n/a

  • n/a

  • 3.27% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $150,000

  • $249,999

  • 80.00%

  • 90.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.59% (3.34%*)

  • 2.59% (3.31%*)

  • 2.59% (3.28%*)

  • n/a

  • 2.79% (3.30%*)

  • n/a

  • n/a

  • 2.93% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $250,000

  • $699,999

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.59% (3.55%*)

  • 2.59% (3.49%*)

  • 2.59% (3.44%*)

  • n/a

  • 2.79% (3.43%*)

  • n/a

  • n/a

  • 3.22% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $250,000

  • $699,999

  • 80.00%

  • 90.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.59% (3.24%*)

  • 2.59% (3.22%*)

  • 2.59% (3.20%*)

  • n/a

  • 2.79% (3.23%*)

  • n/a

  • n/a

  • 2.88% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $700,000

  • none

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.59% (3.50%*)

  • 2.59% (3.45%*)

  • 2.59% (3.41%*)

  • n/a

  • 2.79% (3.40%*)

  • n/a

  • n/a

  • 3.17% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $700,000

  • none

  • 80.00%

  • 90.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.89% (3.63%*)

  • 2.88% (3.59%*)

  • 2.88% (3.56%*)

  • n/a

  • 3.09% (3.59%*)

  • n/a

  • n/a

  • 3.28% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $150,000

  • $249,999

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.89% (3.84%*)

  • 2.88% (3.78%*)

  • 2.88% (3.73%*)

  • n/a

  • 3.09% (3.72%*)

  • n/a

  • n/a

  • 3.52% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $150,000

  • $249,999

  • 80.00%

  • 90.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.89% (3.58%*)

  • 2.88% (3.55%*)

  • 2.88% (3.52%*)

  • n/a

  • 3.09% (3.56%*)

  • n/a

  • n/a

  • 3.23% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $250,000

  • $699,999

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.89% (3.79%*)

  • 2.88% (3.74%*)

  • 2.88% (3.70%*)

  • n/a

  • 3.09% (3.70%*)

  • n/a

  • n/a

  • 3.47% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $250,000

  • $699,999

  • 80.00%

  • 90.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.89% (3.54%*)

  • 2.88% (3.51%*)

  • 2.88% (3.49%*)

  • n/a

  • 3.09% (3.53%*)

  • n/a

  • n/a

  • 3.18% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $700,000

  • none

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.89% (3.75%*)

  • 2.88% (3.70%*)

  • 2.88% (3.66%*)

  • n/a

  • 3.09% (3.67%*)

  • n/a

  • n/a

  • 3.42% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $700,000

  • none

  • 80.00%

  • 90.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.99% (3.81%*)

  • 2.98% (3.77%*)

  • 2.98% (3.73%*)

  • n/a

  • 3.19% (3.74%*)

  • n/a

  • n/a

  • 3.48% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $150,000

  • $249,999

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.99% (4.11%*)

  • 2.98% (4.04%*)

  • 2.98% (3.97%*)

  • n/a

  • 3.19% (3.94%*)

  • n/a

  • n/a

  • 3.82% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $150,000

  • $249,999

  • 80.00%

  • 90.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.99% (3.77%*)

  • 2.98% (3.73%*)

  • 2.98% (3.69%*)

  • n/a

  • 3.19% (3.71%*)

  • n/a

  • n/a

  • 3.43% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $250,000

  • $699,999

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.99% (4.07%*)

  • 2.98% (4.00%*)

  • 2.98% (3.94%*)

  • n/a

  • 3.19% (3.91%*)

  • n/a

  • n/a

  • 3.77% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $250,000

  • $699,999

  • 80.00%

  • 90.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.99% (3.72%*)

  • 2.98% (3.69%*)

  • 2.98% (3.66%*)

  • n/a

  • 3.19% (3.68%*)

  • n/a

  • n/a

  • 3.38% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $700,000

  • none

  • none

  • 80.00%

Features
  • 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 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.

Details

Rates and fees information correct as at 20 October 2020. 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.99% (4.02%*)

  • 2.98% (3.96%*)

  • 2.98% (3.90%*)

  • n/a

  • 3.19% (3.88%*)

  • n/a

  • n/a

  • 3.72% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits
  • $700,000

  • none

  • 80.00%

  • 90.00%

Features
  • 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 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.

Customer Reviews

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

Overall
8.4/10
Price
8.1/10
Features
7.6/10
Customer service
8.6/10
Convenience
8.0/10
Trust
8.5/10

Latest reviews of Heritage Bank Fixed Rate Loan (Home Advantage)

  • Overall 8/10
    Excellent service.

    Recently moved all accounts from NAB to Heritage. The difference in Heritage's day to day business was a completely different experience. I have banked with two of the big four in my lifetime and nothing will make me go back. Heritage is the bomb!

    Read full review

    Recently moved all accounts from NAB to Heritage. The difference in Heritage's day to day business was a completely different experience. I have banked with two of the big four in my lifetime and nothing will make me go back. Heritage is the bomb!

    Price
    9/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Toni, Queensland reviewed 8 months ago
  • Overall 10/10
    Best customer service and easy to use service!

    They are friendly and helpful with everything! I have never had problems from the time I applied to the bank. They made it very easy.

    Read full review

    They are friendly and helpful with everything! I have never had problems from the time I applied to the bank. They made it very easy.

    Price
    10/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Eryn, Queensland reviewed 11 months ago
  • Overall 10/10
    Excellent FI option.

    Service is awesome.

    Read full review

    Service is awesome.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Amy, Queensland reviewed over 4 years ago
  • Overall 10/10
    No prob!!

    I've been with heritage from the age of 12 ! Now 50, never had a problem!!

    Read full review

    I've been with heritage from the age of 12 ! Now 50, never had a problem!!

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Murray, Queensland reviewed over 5 years ago
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

Promoted

Macquarie

Macquarie

Offset Home Loan (Package)

2.54% p.a. variable

2.81% p.a.

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loans.com.au

loans.com.au

Smart Home Loan

2.48% p.a. variable

2.50% p.a.

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HSBC

HSBC

Fixed Rate Home Loan

2.29% p.a.
fixed 3 years

2.95% p.a.

Promoted

Athena

Athena

AcceleRATES Variable Home Loan

2.34% p.a. variable

2.34% p.a.

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.29% p.a. variable

2.32% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.49% p.a. variable

2.49% p.a.

Promoted

Suncorp

Suncorp

Back to Basics

2.68% p.a. variable

2.69% p.a.

Promoted

Illawarra Credit Union

Illawarra Credit Union

The Works Home Loan

1.99% p.a.variable for 24 months and then 2.50% p.a. variable

2.93% p.a.

Promoted

Macquarie

Macquarie

Offset Home Loan (Package)

2.54% p.a. variable

2.81% p.a.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.48% p.a. variable

2.50% p.a.

Promoted

HSBC

HSBC

Fixed Rate Home Loan

2.29% p.a.
fixed 3 years

2.95% p.a.

Promoted

Illawarra Credit Union

Illawarra Credit Union

The Works Home Loan

1.99% p.a.variable for 24 months and then 2.50% p.a. variable

2.93% p.a.

Promoted

Athena

Athena

AcceleRATES Variable Home Loan

2.34% p.a. variable

2.34% p.a.

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.29% p.a. variable

2.32% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.49% p.a. variable

2.49% p.a.

Promoted

Suncorp

Suncorp

Fixed Home Loan (Home Package Plus)

2.49% p.a.
fixed 3 years

3.28% p.a.

Promoted

Macquarie

Macquarie

Offset Home Loan (Package)

2.54% p.a.

2.81% p.a.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.48% p.a.

2.50% p.a.

Promoted

HSBC

HSBC

Home Value Loan

2.59% p.a.

2.60% p.a.

Promoted

Athena

Athena

AcceleRATES Variable Home Loan

2.34% p.a.

2.34% p.a.

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.29% p.a.

2.32% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.49% p.a.

2.49% p.a.

Promoted

Illawarra Credit Union

Illawarra Credit Union

The Works Home Loan

1.99% p.a.variable for 24 months and then 2.50% p.a.

2.93% p.a.

Promoted

Suncorp

Suncorp

Back to Basics

2.68% p.a.

2.69% p.a.

Promoted

loans.com.au

loans.com.au

Fixed Home Loan

n/a

n/a

Promoted

HSBC

HSBC

Fixed Rate Home Loan

2.29% p.a.
fixed 3 years

2.95% p.a.

Promoted

Homestar

Homestar

Star Classic Fixed Home Loan

2.06% p.a.
fixed 3 years

2.38% p.a.

Promoted

UBank

UBank

UHomeLoan (1 Year Fixed)

n/a

n/a

Promoted

Suncorp

Suncorp

Fixed Home Loan (Home Package Plus)

2.49% p.a.
fixed 3 years

3.28% p.a.

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

2.25% p.a.
fixed 3 years

3.41% p.a.

Promoted

IMB Bank

IMB Bank

Fixed Home Loan

2.39% p.a.
fixed 3 years

3.08% p.a.

Promoted

AMP Bank

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.