The Finance Algorithm
Heritage

Standard Fixed Rate Home Loans - Owner Occupied

Our fixed rate home loans allow you to lock an interest rate in for 1, 2, 3 or 5 years so you know exactly what your repayments will be.

Home loansBank updated 23 Sept 2026
At a glance
Fixed
1 yr 6.49% · 2 yrs 6.54% · 3 yrs 6.54% · 5 yrs 6.54%
Max LVR
95%
Annual fee
$96
Features
redraw, extra repayments
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
FixedStandard 1 Year Fixed; LVR<=95%.Owner occupied · P&I1 yr fixed≤95% LVR · $20,000+6.49%8.57%
FixedStandard 2 Year Fixed; LVR<=95%.Owner occupied · P&I2 yrs fixed≤95% LVR · $20,000+6.54%8.35%
FixedStandard 3 Year Fixed; LVR<=95%.Owner occupied · P&I3 yrs fixed≤95% LVR · $20,000+6.54%8.15%
FixedStandard 5 Year Fixed; LVR<=95%.Owner occupied · P&I5 yrs fixed≤95% LVR · $20,000+6.54%7.82%
§ 02 — Fees · 35
FeeTypeAmountWhenNotes
Capital reduction recalculation feeEvent$75
Change of term feeEvent$75
Collateral Security Preparation feeEvent$100Payable when taking security over a new Collateral Security Property (any security other than the first new security), on application.
Consent FeeEvent$200
Direct Debit dishonour feeEvent$10
Document/Record Search feeEvent$12
Enforcement FeeEvent$20
Guarantor feeEvent$200Payable for having a guarantee listed as security on your loan.
Partial release processing feeEvent$220
Production FeeEvent$100
Redraw Administration FeeEvent$20
Renegotiation feeEvent$250
Special Request Transaction Listing FeeEvent$7.50
Substitute Security FeeEvent$450
Telegraphic Transfer fee (PEXA settlements)Event$35Payable to ANZ Banking Group or Westpac Banking Corporation on settlement if any of the amount of credit is telegraphically transferred
Telegraphic transfer feeEvent$30Payable if money lent to you is telegraphically transferred within Australia.
Trust/Company Document Examination feeEvent$250Payable on application for trust/company structures
Default FeeExit$30every month until not in default
Loan Finalisation FeeExit$345
Agent's feesOther$0 to $0Agent's fee payable to any agent used by Heritage or its solicitor to attend settlement or stamp, lodge or register a document on settlement of Loan.
Approval request feeOther$0 to $0Payable if you ask for our approval under the credit contract or a security in relation to a transaction or proposal.
Bank cheques cost payable to any Bank issuing a bank cheque for settlement on settlement of Loan.Other$0 to $0The amount charged by the bank to Heritage, its Agent or your Solicitor (currently estimated at approximately $12.00 per cheque).
Break feeOther$0 to $0Calculating the interest amount that Heritage would have received over the remaining fixed rate period of your Loan less the interest amount Heritage will receive on a comparable loan for the remaini…
Council mortgage notification feeOther$0 to $0The amount charged by the local government
Mortgage Dealing FeeOther$0 to $0Amounts charged to Heritage per Mortgage Dealing
Paper Based Statement FeeOther$3Fee is charged for each paper statement issued as per your account statement cycle. Excludes eStatements which are free of charge.
Partial release assessment feeOther$0 to $0Payable if you or a security provider ask us to release a security without paying out your home loan.
QBE - lenders mortgage insuranceOther$0 to $0amount charged to Heritage
Rate Guarantee feeOther$0 to $0The fee is calculated at 0.15% of the basic loan amount, Where the 0.15% fee does not calculate to a whole dollar value, e.g. $157,400 x 0.15% = $236.10, the system will process the fee at a rounded…
Title Registration FeeOther$0 to $0Amounts charged to Heritage per Title Registration
Title search - payable to Agent/SolicitorOther$0 to $0The amount charged to Heritage by the Agent or Solicitor
Title SearchOther$0 to $0The amount charged to Heritage per search per title
Valuer's fee may become payable to Valuation Exchange Pty Ltd if Heritage obtains a valuation for a property subject to a Security in connection with a proposed transaction (such as an application for a further advance or an application to substitute securities).Other$0 to $0The amount charged to Heritage
Monthly Administration FeePeriodic$8Every 1 moWaived under package
Cheque FeeUpfront$10
§ 03 — Features
RedrawExtra repaymentsGuarantor option
  • · Lock in a competitive rate for a fixed term and get certainty of repayments
  • · Fixed rate terms of 1, 2, 3 or 5 years, with loan terms from 1 to 30 years
  • · Split Loan Available
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: A citizen or permanent resident of Australia or New Zealand
  • · Amount $20,000 to no maximum
  • · Lending criteria apply

Published by People First and Heritage Bank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.