Buying your next home or property | Home Loans | Heritage Bank

Buying your next home

Moving house, upgrading or buying your next home is a big step so it’s important that your home loan features are right for you.  Many people utilise the equity in their current property to fund the deposit for their next home. When you purchase your next home through Heritage, you'll get access to a range of features including: 
  • Flexible repayment options, including unlimited extra repayments on fixed loans
  • Redraw and 100% offset account options
  • Online redraw facilities available
Find out how we can help you

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By paying $loanFrequency_lyname instead of monthly, you could save $heritageRepayments_totalSaved & $heritageRepayments_yearsSaved over the life of your loan.

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Indicative repayment amount only. Your credit contract will state a monthly repayment figure. You may make payments as frequently as you choose within each month to pay the monthly amount due.

Home loan application checklist

Speed up and simplify your home loan application with this checklist, which covers identification, income, living expenses and other requirements you will need.

Customer-Owned Banking you can bank on.

Established in 1875, and with more than $11 billion in assets, Heritage is one of Australia's largest Customer Owned Banks.

Heritage Bank chosen as Money magazine's Customer-Owned Money Minder of the Year 2021

2021 Customer Owned Money Minder of the Year

The results are in! We are Money Magazine's Customer-Owned Money Minder of the Year 2021.

Learn about this award.

Buying land and build loans

If you’re looking to purchase vacant land or build a new home rather than purchase an established property, we have options that may be suitable.

Construction Loans are different from a regular home loan because the funds are paid gradually to your builder as progress payments. While your property is getting built, your repayments are set as interest only to help you manage your budget.

Simply let us know of your plans to build when you apply for a home loan and we'll help you through the process.

What if I buy before I sell?

Whether you're upgrading to your dream home or moving to a new town, our Bridging Loan can help you by bridging the finance gap for up to 6 months, while you sell your current home. Let us know your plans during the home loan application process.

Calculate your moving costs

Selling your current property to buy a new home can be a very exciting and busy time. That's why it's important to consider all the costs of buying and selling your property, such as mortgage discharge costs and conveyancing fees. Help calculate the costs with our home buying and selling costs calculator. 
Father reading to kids in cubby
Building equity in your property
Having equity in your home means the value of your property is more than how much you owe on it. Check out our tips on building your equity and how you might consider using it.