Home Advantage Package

Package your standard variable, fixed rate or living equity loan together with a credit card and transaction account and you could save thousands with discounts on interest rates and fee waivers. The below interest rates are for new lending only, and a $350 annual package fee applies.

Standard Variable loan rates

Owner-Occupied

Discount

Interest Rate

Comparison Rate *

Standard Variable5.04%5.15%
Home Advantage Variable   
$150,000 to $249,9991.05%3.99%4.34%
$250,000 to $699,9991.10%3.94%4.29%
$700,000 or more1.15%3.89%4.24%

Investment

Discount

Interest Rate

Comparison Rate *

Standard Variable5.44%5.54%
Home Advantage Variable   
$150,000 to $249,9990.90%4.54%4.88%
$250,000 to $699,9991.00%4.44%4.78%
$700,000 or more1.05%4.39%4.73%
Rates effective from 14/03/2017

Fixed loan rates

Owner-Occupied

Interest Rate

Comparison Rate *

1 Year Fixed3.89%5.03%
2 Years Fixed3.99%4.95%
3 Years Fixed4.09%4.89%
5 Years Fixed4.49%4.92%
Home Advantage Fixed  
1 Year Fixed3.89%4.33%
2 Years Fixed3.99%4.34%
3 Years Fixed4.09%4.37%
5 Years Fixed4.49%4.54%

Investment

Interest Rate

Comparison Rate *

1 Year Fixed4.19%5.42%
2 Years Fixed4.19%5.31%
3 Years Fixed4.29%5.23%
5 Years Fixed4.69%5.23%
Home Advantage Fixed  
1 Year Fixed4.19%4.85%
2 Years Fixed4.19%4.82%
3 Years Fixed4.29%4.81%
5 Years Fixed4.69%4.94%
Rates effective from 14/03/2017

Living Equity rates

Owner-Occupied

Discount

Interest Rate

Comparison Rate *

Living Equity5.26%n/a
Home Advantage Living Equity   
$150,000 to $249,9990.96%4.30%n/a
$250,000 to $699,9991.01%4.25%n/a
$700,000 or more1.06%4.20%n/a

Investment

Discount

Interest Rate

Comparison Rate *

Living Equity5.26%n/a
Home Advantage Living Equity   
$150,000 to $249,9990.55%4.71%n/a
$250,000 to $699,9990.65%4.61%n/a
$700,000 or more0.70%4.56%n/a
Rates effective from 14/03/2017


* 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.

^ 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 March and 30 April 2017, and disbursed by 31 October 2017. Application fee for standard variable, discount variable, and fixed rate home loans normally $600. First year annual fee for Home Advantage Package normally $350. Offer not valid for further advances, living equity or line of credit loans, bridging loans, business loans, existing customers switching loans, internal refinances, or borrowing for alterations and additions. Conditions, criteria and fees apply.

Home loan repayment terms range from 1 to 30 years. Comparison rate representative example is based on: a secured loan of $150,000 borrowed for 25 years with the minimum interest rate of 3.79% p.a. (3.81% p.a. comparison rate), the estimated total amount payable including fees is $232,740. WARNING: These comparison rates apply only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Interest rates are on a per annum basis. Rates and discounts are correct as stated and subject to change without notice. Discounts shown are for new loans and do not apply to switches or internal refinances. Discounts are not available in conjunction with any other interest rate discount or special offer. All fixed rates are fixed for the period stated and revert to the variable rate applying at expiration of the fixed term. To approved applicants only. Conditions, criteria and fees apply.

Home Advantage Variable rates include discounts shown from the Standard Variable rate. Home Advantage Living Equity rates include discounts from the Living Equity rate. Discounts are based on total lending in the package.

This advice has been prepared without taking into account your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness having regard to your objectives, financial situation or needs.

Generate a personalised Key Fact Sheet based on your loan amount, term and repayments. This tool is provided to help you compare home loans from Heritage with other financial institutions.