Heritage Bank Standard Variable

Heritage Bank
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Headline interest rate p.a.
Comparison rate p.a.
Annual fee

Moneybuddy says

The Heritage Bank Standard Variable Rate home loan is their more traditional home loan product. This home loan offers all the benefits you deserve!

The Basics

Max LVR 90.00%

Interest type Variable rate

Headline interest rate p.a. 5.64%

Comparison rate p.a. 5.74%

Annual fee $60

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable -

Line of credit available No

Product suits Owner - Occupier

The Facts & Figures

Introductory rate p.a. -

Introductory term -

Interest rate (p.a.) 1 year 5.64%

Interest rate (p.a.) 2 years 5.64%

Interest rate (p.a.) 3 years 5.64%

Interest rate (p.a.) 4 years 5.64%

Interest rate (p.a.) 5 years 5.64%

Interest rate (p.a.) 7 years 5.64%

Interest rate (p.a.) 10 years 5.64%

Interest rate (p.a.) 15 years 5.64%

Comparison rate (p.a.) 1 year 5.99%

Comparison rate (p.a.) 2 years 6.64%

Comparison rate (p.a.) 3 years 6.64%

Comparison rate (p.a.) 4 years 6.64%

Comparison rate (p.a.) 5 years 6.64%

Comparison rate (p.a.) 7 years 6.64%

Comparison rate (p.a.) 10 years 6.64%

Comparison rate (p.a.) 15 years 6.64%

Minimum loan term -

Maximum loan term -

Min loan amount -

Max loan amount -

Early repayments Yes

Redraw facility Yes

Repayment holiday Yes

Ability to split loan Yes

Extra repayments Yes

Offset account available Yes

Interest only payments -

The ugly stuff: fees

Application fee $600

Valuation fee -

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee -

Settlement fee -

Redraw fee -

Comparison Rate Disclaimer -

All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. MoneyBuddy endeavours to keep product information up to date however we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. We recommend that you check the accuracy of all information provided on this website with the product provider. MoneyBuddy earns a referral fee from redirecting website users to a product provider's website. Further details are provided in relation to specific product information. Website users have no obligation to apply for a product or service that they may be referred to by this website.

Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Heritage Bank says

This home loan is a great option if you're planning to pay out your loan in the medium term. This loan has very few restrictions and penalties, and an early termination fee only applies to the first year.

Key features

  • Standard variable rate home loan
  • $600 application fee
  • $60 annual fee
  • Extra repayments permitted
  • Repayment holiday option
  • Redraw facility
  • Split loans permitted
  • 100% offset account
  • Minimum deposit of 10%


  • This option allows you to pay your home loan quicker penalty free
  • Flexible repayment options
  • Many features included


  • Application and annual fees
  • No construction loan feature
Interested in this home loan?

We can pass your details on directly to a home loan expert from the bank, who will contact you within 24 hours to discuss your situation.


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We've partnered with Tomorrow Finance for home loan data, advice and details. You will be contacted within 24 hours by a home loan expert from the bank to discuss your situation. There is no obligation to complete the home loan. You are simply making an enquiry.

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