Heritage Bank Fully Drawn Loan

Rates

• Rate type

  variable/fixed

• Variable rate

  2.95% p.a.Residential security rate

• Fixed 1 year rate

  2.90% p.a.

• Fixed 2 year rate

  2.90% p.a.

• Fixed 3 year rate

  2.95% p.a.

• Fixed 4 year rate

  3.00% p.a.

• Fixed 5 year rate

  3.15% p.a.

• Fixed 6 year rate

  n/a

• Fixed 7 year rate

  n/a

Fees

• Upfront fee

  Negotiable

• Ongoing fees

  $20 monthly

• Late payment fee

  $0.00

• Exit fee

  $250

• Early repayment penalty

  $0

• Transaction fee

  n/a

Features

• Repayment frequency

  Weekly, Fortnightly, Monthly

• Repayment types

  interest only, principal and interest

• Extra repayments allowed

  yes

• Redraw allowed

  yes - with $20 fee

• Card access

  no

• Cheque access

  no

• Other benefits

  none

• Other restrictions

  Residential Security Interest Rate. A break fee applies to fixed term loans if broken early.