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Heritage Bank Variable 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 $150,000 and $249,999 with an LVR below 95%

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 between $250,000 and $699,999 with an LVR below 95%

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 owner occupier taking out a principal & interest loan of at least $700,000 with an LVR below 95%

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 90%-95%

    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 90%-95%

    Loan: $250,000 $699,999

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $700,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $700,000

  • Owner Occupier (Principal & Interest)

    LVR 90%-95%

    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

Rate
2.98% p.a.
Comparison Rate*
3.37% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.27% p.a.
Comparison Rate*
3.66% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.27% p.a.
Comparison Rate*
3.66% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
2.93% p.a.
Comparison Rate*
3.33% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.22% p.a.
Comparison Rate*
3.60% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.22% p.a.
Comparison Rate*
3.60% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
2.88% p.a.
Comparison Rate*
3.28% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.17% p.a.
Comparison Rate*
3.56% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.17% p.a.
Comparison Rate*
3.56% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.28% p.a.
Comparison Rate*
3.67% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.52% p.a.
Comparison Rate*
3.90% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.23% p.a.
Comparison Rate*
3.62% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.47% p.a.
Comparison Rate*
3.85% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.18% p.a.
Comparison Rate*
3.57% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.42% p.a.
Comparison Rate*
3.80% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.48% p.a.
Comparison Rate*
3.82% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.82% p.a.
Comparison Rate*
4.16% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.43% p.a.
Comparison Rate*
3.77% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.77% p.a.
Comparison Rate*
4.11% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.38% p.a.
Comparison Rate*
3.72% p.a.
Service fee
$350.00 yearly
Upfront fee
$150
Rate
3.72% p.a.
Comparison Rate*
4.06% p.a.
Service fee
$350.00 yearly
Upfront fee
$150

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

Last updated: 6 May 2020.

binocular icon
What's hot
  • Variable rates from 2.88% (3.25% comparison rate*)
  • 100% offset account
What's not
  • $150 settlement fee and $300 discharge fee
Mozo snapshot

With a bundle of handy features, including a 100% offset account, the Variable Rate Loan Home Advantage Package from Heritage Bank really delivers as a Packaged Home Loan. Add in some seriously competitive variables rates starting at just 2.88% (3.25% comparison rate*) and this could be an attractive option for borrowers looking for a home loan deal with all the trimmings.

key icon
Key features

The Variable Rate Loan Home Advantage Package offers a variable rate for owner occupiers starting at 2.88% (3.25% comparison rate*) for LVRs of 80% or under 3.27% (3.63% comparison rate*) for higher LVRs. But don’t worry investors, because you’ll also be able to nab a deal of your own with rates from 3.18% (3.55% comparison rate*) for loans of $700,000 and up, with an 80% LVR and principal and interest repayments.

Depending on the package deal you choose, you could also be able to borrow with a deposit as low as 5%, though this will impact the rate Heritage Bank will offer you.

Aside from the low variable rate, Heritage Bank has also packed a number of handy extras into the Home Advantage Package including a 100% offset account which you could use to reduce the size of your home loan repayments, as well as a completely free extra repayments facility that could help you pay off your loan even faster.

Borrowers will also have the flexibility to make repayments on a schedule that suits their needs - either on a weekly, fortnightly or monthly basis. And if you do end up making use of that handy extra repayment facility, but find yourself in a situation where you need to dip into it, Heritage will give you the flexibility of free redraws on those extra repayments.

Just bear in mind that while the Variable Rate Loan Home Advantage Package does contain a number useful features, it also comes with a yearly service fee of $350.

snapshot
Who is it good for

If you’re an owner occupier or investor looking for a flexible, low rate home loan option with the additional advantage of a 100% offset account, then this could be the deal for you.

snapshot
Any catches

On top of the annual fee that comes with the Variable Rate Loan Home Advantage Package after the first year, you’ll also be charged a $150 settlement fee as well as a $300 discharge fee.

Details

Rates and fees information correct as at 9 August 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

  • 2.98% p.a.

  • n/a

  • n/a

  • n/a

  • 3.37% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.27% p.a.

  • n/a

  • n/a

  • n/a

  • 3.66% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.27% p.a.

  • n/a

  • n/a

  • n/a

  • 3.66% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits

  • $150,000

  • $249,999

  • 90.00%

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 2.93% p.a.

  • n/a

  • n/a

  • n/a

  • 3.33% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.22% p.a.

  • n/a

  • n/a

  • n/a

  • 3.60% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.22% p.a.

  • n/a

  • n/a

  • n/a

  • 3.60% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits

  • $250,000

  • $699,999

  • 90.00%

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 2.88% p.a.

  • n/a

  • n/a

  • n/a

  • 3.28% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.17% p.a.

  • n/a

  • n/a

  • n/a

  • 3.56% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.17% p.a.

  • n/a

  • n/a

  • n/a

  • 3.56% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $350.00 yearly

  • $300.00

Other financial bits

  • $700,000

  • none

  • 90.00%

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.28% p.a.

  • n/a

  • n/a

  • n/a

  • 3.67% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.52% p.a.

  • n/a

  • n/a

  • n/a

  • 3.90% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.23% p.a.

  • n/a

  • n/a

  • n/a

  • 3.62% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.47% p.a.

  • n/a

  • n/a

  • n/a

  • 3.85% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.18% p.a.

  • n/a

  • n/a

  • n/a

  • 3.57% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.42% p.a.

  • n/a

  • n/a

  • n/a

  • 3.80% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.48% p.a.

  • n/a

  • n/a

  • n/a

  • 3.82% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.82% p.a.

  • n/a

  • n/a

  • n/a

  • 4.16% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.43% p.a.

  • n/a

  • n/a

  • n/a

  • 3.77% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.77% p.a.

  • n/a

  • n/a

  • n/a

  • 4.11% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.38% p.a.

  • n/a

  • n/a

  • n/a

  • 3.72% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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 9 August 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

  • 3.72% p.a.

  • n/a

  • n/a

  • n/a

  • 4.06% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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

  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • $350 Home Advantage Package fee waived in the first year for applications made by 30 September 2020.

*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

Based on 255 Heritage Bank home loan reviews

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 Variable Rate Loan (Home Advantage)

  • Overall 9/10
    Excellent customer service.

    I'm getting a very competitive rate, product features and excellent customer service. This is a very established bank.

    Read full review

    I'm getting a very competitive rate, product features and excellent customer service. This is a very established bank.

    Price
    8/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Niroshan, Victoria reviewed 5 months ago
  • Overall 9/10
    Friendly service with great interest rates.

    The staff are very helpful, they helped us get set up with our offset account and credit card that is part of the package. Coming from the Commonwealth Bank, the Heritage Bank is a bit old fashioned with some of their processes, like the converting to paperless is a bit of a process, needing signed paperwork mailed in, and changing credit limits on the credit card is a bit of a process also. But hey it is certainly safe, some people would feel more protected with the paper system.

    Read full review

    The staff are very helpful, they helped us get set up with our offset account and credit card that is part of the package. Coming from the Commonwealth Bank, the Heritage Bank is a bit old fashioned with some of their processes, like the converting to paperless is a bit of a process, needing signed paperwork mailed in, and changing credit limits on the credit card is a bit of a process also. But hey it is certainly safe, some people would feel more protected with the paper system.

    Price
    9/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    7/10
    Trust
    7/10
    Less
    Nathan, New South Wales reviewed 8 months ago
  • Overall 10/10
    Everything I ever wanted in a bank

    Heritage Bank are simply the best in all aspects of banking. I have a owner occupied and investment loan with them. I have negotiated extremely competitive rates with them. I have excellent 24/7 customer service with Australian employees and their banking app is great as well.

    Read full review

    Heritage Bank are simply the best in all aspects of banking. I have a owner occupied and investment loan with them. I have negotiated extremely competitive rates with them. I have excellent 24/7 customer service with Australian employees and their banking app is great as well.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Marija, New South Wales reviewed about 1 year ago
  • Overall 10/10
    Service is the greatest

    We have been with Heritage since 2002 and love the personal service we get in branch from our bank manager and area manager. They are both fantastic the service they and their staff give is second to non. We have been put on great new rates on their latest product. They may not always be up on the top for rates for investors but they are top of the league for service and satisfaction. They go out of their way to please their customers and keep them happy which isn't hard with the great staff they have and personal service. You are not a number but a person with Heritage Bank. The manager and area manager of Kawana Branch in Qld deserve a medal they are the best. Credit department (SBS) have been great in our recent talks with them too.

    Read full review

    We have been with Heritage since 2002 and love the personal service we get in branch from our bank manager and area manager. They are both fantastic the service they and their staff give is second to non. We have been put on great new rates on their latest product. They may not always be up on the top for rates for investors but they are top of the league for service and satisfaction. They go out of their way to please their customers and keep them happy which isn't hard with the great staff they have and personal service. You are not a number but a person with Heritage Bank. The manager and area manager of Kawana Branch in Qld deserve a medal they are the best. Credit department (SBS) have been great in our recent talks with them too.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Paul, Queensland reviewed about 5 years ago
  • Overall 10/10
    Love the service my local bank gives us

    We have been with Heritage since 2002 and love the personal service we get in branch from our bank manager and area manager. They are both fantastic the service they and their staff give is second to non. We have been put on great new rates on their latest product. They may not always be up on the top for rates for investors but they are top of the league for service and satisfaction. They go out of their way to please their customers and keep them happy which isn't hard with the great staff they have and personal service. You are not a number but a person with Heritage Bank. The manager and area manager of Kawana Branch in Qld deserve a medal they are the best. Credit department (SBS) have been great in our recent talks with them too.

    Read full review

    We have been with Heritage since 2002 and love the personal service we get in branch from our bank manager and area manager. They are both fantastic the service they and their staff give is second to non. We have been put on great new rates on their latest product. They may not always be up on the top for rates for investors but they are top of the league for service and satisfaction. They go out of their way to please their customers and keep them happy which isn't hard with the great staff they have and personal service. You are not a number but a person with Heritage Bank. The manager and area manager of Kawana Branch in Qld deserve a medal they are the best. Credit department (SBS) have been great in our recent talks with them too.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Jean, Queensland 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

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2.65% p.a.

2.66% p.a.

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2.59% p.a.

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Bank of Queensland

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Economy

2.69% p.a.

2.86% p.a.

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2.89% p.a.

2.89% p.a.

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2.55% p.a.

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2.39% p.a.

2.40% p.a.

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2.49% p.a.
fixed 3 years

3.31% p.a.

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2.29% p.a.
fixed 3 years

2.95% p.a.

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n/a

n/a

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2.19% p.a.
fixed 3 years

2.60% p.a.

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2.29% p.a.
fixed 3 years

2.82% p.a.

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2.39% p.a.
fixed 3 years

3.66% p.a.

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People's Choice Credit Union

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2.29% p.a.
fixed 3 years

3.72% p.a.

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Mystery Bank Deal

2.29% p.a.
fixed 3 years

3.89% p.a.

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2.57% p.a.

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$0.00

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2.59% p.a.

2.62% p.a.

$0.00

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2.69% p.a.

2.69% p.a.

$0.00

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Athena

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2.59% p.a.

2.55% p.a.

$0.00

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2.39% p.a.

2.40% p.a.

$0.00

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Star Essentials Home Loan

2.39% p.a.

2.42% p.a.

$0.00

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2.39% p.a.

2.42% p.a.

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Real Deal Home Loan

2.59% p.a.

2.63% p.a.

$0.00

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*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.

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