Thumbnail icon for Heritage Bank

Heritage Bank Standard Variable

The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest, interest only loan of at least $20,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $20,000

  • Investor (Principal & Interest, Interest Only)

    LVR < 80%

    Loan: $20,000

Rate
4.49% p.a.
Comparison Rate*
4.64% p.a.
Service fee
$8.00 monthly
Upfront fee
$750
Rate
5.04% p.a.
Comparison Rate*
5.19% p.a.
Service fee
$8.00 monthly
Upfront fee
$750

Details

Rates and fees information correct as at 5 July 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
  • 4.49% p.a.

  • n/a

  • n/a

  • n/a

  • 4.64% 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

  • $8.00 monthly

  • $300.00

Other financial bits
  • $20,000

  • none

  • none

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • none

*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 5 July 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
  • 5.04% p.a.

  • n/a

  • n/a

  • n/a

  • 5.19% 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

  • $8.00 monthly

  • $300.00

Other financial bits
  • $20,000

  • none

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • none

*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 customer rating
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 Standard Variable

  • Overall 9/10
    Excellent bank.

    Great company. Good customer service. Low interest rates. Redraw us good. Very happy.

    Read full review

    Great company. Good customer service. Low interest rates. Redraw us good. Very happy.

    Price
    7/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    9/10
    Less
    Maurice, Queensland reviewed 3 months ago
  • Overall 10/10
    Great customer service with super rates.

    This bank is up front with all of the costs involved and once set up pass on all rate drops as they occur.

    Read full review

    This bank is up front with all of the costs involved and once set up pass on all rate drops as they occur.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Kristine, Queensland reviewed 8 months ago
  • Overall 10/10
    Better than the major banks. More personal.

    We are very happy with Heritage Bank. Great customer service and products. We love our home loan with a saving offset.

    Read full review

    We are very happy with Heritage Bank. Great customer service and products. We love our home loan with a saving offset.

    Price
    8/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Lesley, Queensland reviewed 8 months ago
  • Overall 8/10
    Competitive Rates

    Easy to deal with and in my experiences to date great customer service.

    Read full review

    Easy to deal with and in my experiences to date great customer service.

    Price
    8/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10
    Less
    Dr, Queensland reviewed about 4 years ago
  • Overall 10/10
    Superb service, 10/10

    We switched from Commonwealth to Heritage. 10/10. Great customer service. We live interstate but they have agreements with so many other banks it's never a problem to find a charge- free ATM. Couldn't rave about them more.

    Read full review

    We switched from Commonwealth to Heritage. 10/10. Great customer service. We live interstate but they have agreements with so many other banks it's never a problem to find a charge- free ATM. Couldn't rave about them more.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Simone, South Australia reviewed about 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

loans.com.au

loans.com.au

Smart Home Loan

2.63% p.a. variable

2.65% p.a.

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.39% p.a. variable

2.39% p.a.

Promoted

Commonwealth Bank

Commonwealth Bank

Fixed Rate Home Loan (Wealth Package)

2.29% p.a.
fixed 3 years

3.87% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.59% p.a. variable

2.59% p.a.

Promoted

Suncorp

Suncorp

Fixed Home Loan (Home Package Plus)

2.49% p.a.
fixed 3 years

3.31% p.a.

Promoted

Mortgage House

Mortgage House

Switch and Save Special - Fixed Home Loan

2.19% p.a.
fixed 3 years

2.65% p.a.

Promoted

Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a. variable

3.34% p.a.

Promoted

People's Choice Credit Union

People's Choice Credit Union

Fixed Rate Home Loan (Package)

2.29% p.a.
fixed 3 years

3.72% p.a.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.63% p.a. variable

2.65% p.a.

Promoted

Suncorp

Suncorp

Back to Basics

2.78% p.a. variable

2.79% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.59% p.a. variable

2.59% p.a.

Promoted

Commonwealth Bank

Commonwealth Bank

Fixed Rate Home Loan (Wealth Package)

2.29% p.a.
fixed 3 years

3.87% p.a.

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.39% p.a. variable

2.39% p.a.

Promoted

HSBC

HSBC

Fixed Rate Home Loan

2.29% p.a.
fixed 3 years

2.95% p.a.

Promoted

Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a. variable

3.34% p.a.

Promoted

Bank of Queensland

Bank of Queensland

Economy

2.69% p.a. variable

2.86% p.a.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.63% p.a.

2.65% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.59% p.a.

2.59% p.a.

Promoted

Bank of Queensland

Bank of Queensland

Economy

2.69% p.a.

2.86% p.a.

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.39% p.a.

2.39% p.a.

Promoted

Yard

Yard

Variable Home Loan Winter Special

2.39% p.a.

2.42% p.a.

Promoted

HSBC

HSBC

Home Value Loan

2.65% p.a.

2.66% p.a.

Promoted

Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a.

3.34% p.a.

Promoted

Athena

Athena

Variable Home Loan

2.59% p.a.

2.55% p.a.

Promoted

Homestar

Homestar

Star Essentials Fixed Home Loan

n/a

n/a

Promoted

Suncorp

Suncorp

Fixed Home Loan (Home Package Plus)

2.49% p.a.
fixed 3 years

3.31% p.a.

Promoted

Commonwealth Bank

Commonwealth Bank

Fixed Rate Home Loan (Wealth Package)

2.29% p.a.
fixed 3 years

3.87% p.a.

Promoted

HSBC

HSBC

Fixed Rate Home Loan

2.29% p.a.
fixed 3 years

2.95% p.a.

Promoted

People's Choice Credit Union

People's Choice Credit Union

Fixed Rate Home Loan (Package)

2.29% p.a.
fixed 3 years

3.72% p.a.

Promoted

Mortgage House

Mortgage House

Switch and Save Special - Fixed Home Loan

2.19% p.a.
fixed 3 years

2.65% p.a.

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

2.35% p.a.
fixed 3 years

3.44% p.a.

Promoted

UBank

UBank

UHomeLoan (Fixed)

2.29% p.a.
fixed 3 years

2.90% p.a.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.63% p.a.

2.65% p.a.

$0.00

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.39% p.a.

2.39% p.a.

$0.00

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.59% p.a.

2.59% p.a.

$0.00

Promoted

Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a.

3.34% p.a.

$395.00 yearly

Promoted

Yard

Yard

Variable Home Loan Winter Special

2.39% p.a.

2.42% p.a.

$0.00

Promoted

Suncorp

Suncorp

Back to Basics

2.78% p.a.

2.79% p.a.

$0.00

Promoted

People's Choice Credit Union

People's Choice Credit Union

Basic Variable Home Loan

2.69% p.a.

2.69% p.a.

$0.00

Promoted

Athena

Athena

Variable Home Loan

2.59% p.a.

2.55% 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.