Heritage Bank

The Heritage Bank 'People first' Difference

As Australia's largest customer-owned bank, we've been in the business of putting people first since 1875. With no shareholders to please, all our profits can go back to our customers and communities, which means better rates that go back to your wallet, and millions of dollars in grants that go back to local communities.

Good luck finding a lower variable home loan rate

3.79 %pa
3.80 %pa

3 things that might help you buy your first home sooner!

With interest rates at some of the lowest levels in history, you might be keen to take that step into the property market. But getting together a big enough deposit for a home loan can be challenging. Here are three options to consider that might just help you reach that home ownership goal sooner.

What is a mortgage offset account?

Front and centre of saving both money and years off your home loan is having an offset account.

To approved applicants only. No application fee offer valid for new standard variable, discount variable and fixed rate home loans and no annual fee for first year of Home Advantage package loans applied for between 1 September and 31 October 2016 and disbursed by 24 December 2016. Offer not valid for further advances, living equity or line of credit loans, existing customers switching loans, internal refinances, or borrowing for alterations and additions. Conditions, criteria and fees apply.

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is 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.