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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 13 Oct 2026
Product page ↗Fees and pricing ↗Terms ↗

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

How it compares

This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This home loan: 6.49%Every other institution's lowest, 81 in all

Owner occupier, principal & interest, 80% LVR. One dot per institution, at its lowest 1-year fixed home loan rate anyone can apply for; hover or tap a dot for its name.

RateThis home loanBest anywhereTypical institutionWhere it sits
1-year fixed home loanOwner occupier, principal & interest, 80% LVR6.49%5.99%Northern Inland Credit Union Ltd.'s Value Home Loan - Fixed 12M6.59%of 82 institutions22nd lowest of 82, level with 7 others
2-year fixed home loanOwner occupier, principal & interest, 80% LVR6.54%6.09%BankVic's Fixed Rate Home Loan - 2 years6.62%of 84 institutions30th lowest of 84, level with 4 others
3-year fixed home loanOwner occupier, principal & interest, 80% LVR6.54%6.24%Credit Union SA's 3-Year Fixed 40 Year Home Loan Package6.69%of 80 institutions23rd lowest of 80, level with 2 others
5-year fixed home loanOwner occupier, principal & interest, 80% LVR6.54%6.49%AMB Bank Product's 5 Year Fixed Rate Home Loan6.89%of 63 institutions5th lowest of 63

Rates

Every rate Heritage publishes for this home loan, 4 in all.

Variable and fixed, at 80% LVR

Owner occupier, principal and interest, the lowest rate for each

  1. 1 yr fixedtypical 6.59%6.49%
  2. 2 yrs fixedtypical 6.62%6.54%
  3. 3 yrs fixedtypical 6.69%6.54%
  4. 5 yrs fixedtypical 6.89%6.54%
This home loanTypical lender's best
TypeApplies toTermBandRateComparisonConditions
FixedStandard 1 Year Fixed; LVR<=95%.Owner occupied, P&I1 yr fixed≤95% LVR, $20,000+6.49%8.78%-
FixedStandard 2 Year Fixed; LVR<=95%.Owner occupied, P&I2 yrs fixed≤95% LVR, $20,000+6.54%8.54%-
FixedStandard 3 Year Fixed; LVR<=95%.Owner occupied, P&I3 yrs fixed≤95% LVR, $20,000+6.54%8.32%-
FixedStandard 5 Year Fixed; LVR<=95%.Owner occupied, P&I5 yrs fixed≤95% LVR, $20,000+6.54%7.95%-

Rate changes

4 changes logged, newest first.

DateRateWasNowChange
23 Sept 2026Fixed, Owner occupied, P&I, 1 yr fixed, ≤95% LVR, $20,000+6.29%6.49%up 0.20
23 Sept 2026Fixed, Owner occupied, P&I, 2 yrs fixed, ≤95% LVR, $20,000+6.24%6.54%up 0.30
23 Sept 2026Fixed, Owner occupied, P&I, 3 yrs fixed, ≤95% LVR, $20,000+6.29%6.54%up 0.25
23 Sept 2026Fixed, Owner occupied, P&I, 5 yrs fixed, ≤95% LVR, $20,000+6.39%6.54%up 0.15

Each change is logged the night it appears in the rates People First and Heritage Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

35 fees published, grouped by when they're charged.

  1. When you take it out$10Cheque Fee
  2. While you hold it$8 a monthMonthly Administration Fee
  3. When you close it or pay it offUp to $3452 fees, each listed below

When you take it out1

  • Cheque Fee
    $10

While you hold it1

  • Monthly Administration Fee

    Waived under package

    $8 a month

When particular things happen17

  • Capital reduction recalculation fee
    $75
  • Change of term fee
    $75
  • Collateral Security Preparation fee

    Payable when taking security over a new Collateral Security Property (any security other than the first new security), on application.

    $100
  • Consent Fee
    $200
  • Direct Debit dishonour fee
    $10
  • Document/Record Search fee
    $12
  • Enforcement Fee
    $20
  • Guarantor fee

    Payable for having a guarantee listed as security on your loan.

    $200
  • Partial release processing fee
    $220
  • Production Fee
    $100
  • Redraw Administration Fee
    $20
  • Renegotiation fee
    $250
  • Special Request Transaction Listing Fee
    $7.50
  • Substitute Security Fee
    $450
  • Telegraphic Transfer fee (PEXA settlements)

    Payable to ANZ Banking Group or Westpac Banking Corporation on settlement if any of the amount of credit is telegraphically transferred

    $35
  • Telegraphic transfer fee

    Payable if money lent to you is telegraphically transferred within Australia.

    $30
  • Trust/Company Document Examination fee

    Payable on application for trust/company structures

    $250

When you close it or pay it off2

  • Default Fee

    every month until not in default

    $30
  • Loan Finalisation Fee
    $345

Other fees14

  • Agent's fees

    Agent'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.

    $0 to $0
  • Approval request fee

    Payable if you ask for our approval under the credit contract or a security in relation to a transaction or proposal.

    $0 to $0
  • Bank cheques cost payable to any Bank issuing a bank cheque for settlement on settlement of Loan.

    The amount charged by the bank to Heritage, its Agent or your Solicitor (currently estimated at approximately $12.00 per cheque).

    $0 to $0
  • Break fee

    Calculating 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…

    $0 to $0
  • Council mortgage notification fee

    The amount charged by the local government

    $0 to $0
  • Mortgage Dealing Fee

    Amounts charged to Heritage per Mortgage Dealing

    $0 to $0
  • Paper Based Statement Fee

    Fee is charged for each paper statement issued as per your account statement cycle. Excludes eStatements which are free of charge.

    $3
  • Partial release assessment fee

    Payable if you or a security provider ask us to release a security without paying out your home loan.

    $0 to $0
  • QBE - lenders mortgage insurance

    amount charged to Heritage

    $0 to $0
  • Rate Guarantee fee

    The 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…

    $0 to $0
  • Title Registration Fee

    Amounts charged to Heritage per Title Registration

    $0 to $0
  • Title search - payable to Agent/Solicitor

    The amount charged to Heritage by the Agent or Solicitor

    $0 to $0
  • Title Search

    The amount charged to Heritage per search per title

    $0 to $0
  • 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).

    The amount charged to Heritage

    $0 to $0

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

Eligibility and limits

  • Minimum age 18
  • Residency: A citizen or permanent resident of Australia or New Zealand
  • Amount from $20,000, no maximum
  • Lending criteria apply

Published by People First and Heritage Bank under the Consumer Data Right, last changed by them on 13 Oct 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.