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Discount Variable Home Loan & Mortgages

If you’re looking for a home loan with just basic features, the Discount Variable home loan is for you. With an ongoing discounted interest rate and no monthly administration fee, this loan is perfect for people who love a good deal.

Available as Principal & Interest or Interest Only
Low variable home loan rate
No monthly administration fee
Further advances available
Reborrow facility available
No offset account available
No switching in or out of the product
Maximum Interest Only term of 60 months / 5 years
Option to make additional or lump sum repayments without penalty
First valuation fee paid by Heritage up to maximum $330¹

To approved applicants only. Fees, charges and conditions apply.
¹Where a valuation is required and only one property is offered as security Heritage will pay for the valuation. If two or more securities are involved, or valuation costs exceed $330 (inclusive of GST), the difference is to be borne by the borrower.