The Finance Algorithm
Heritage

Standard Fixed Rate Home Loans - Investment

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
Max LVR
90%
Annual fee
$96
Features
redraw, extra repayments
§ 01 — Rates · 8
TypeApplies toTermBandRateComparisonConditions
FixedStandard 1 Year Fixed; LVR<=90%.Investment · Interest only1 yr fixed≤90% LVR · $20,000+6.89%9.10%
FixedStandard 2 Year Fixed; LVR<=90%Investment · Interest only2 yrs fixed≤90% LVR · $20,000+6.94%8.87%
FixedStandard 3 Year Fixed; LVR<=90%Investment · Interest only3 yrs fixed≤90% LVR · $20,000+6.94%8.66%
FixedStandard 5 Year Fixed; LVR<=90%.Investment · Interest only5 yrs fixed≤90% LVR · $20,000+6.94%8.30%
FixedStandard 1 Year Fixed; LVR<=90%;Investment · P&I1 yr fixed≤90% LVR · $20,000+6.69%9.07%
FixedStandard 2 Year Fixed; LVR<=90%.Investment · P&I2 yrs fixed≤90% LVR · $20,000+6.74%8.81%
FixedStandard 3 Year Fixed; LVR<=90%.Investment · P&I3 yrs fixed≤90% LVR · $20,000+6.74%8.58%
FixedStandard 5 Year Fixed; LVR<=90%.Investment · P&I5 yrs fixed≤90% LVR · $20,000+6.74%8.19%
§ 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$200Consent to the registration of a Land Titles document over the security property to a third party
Default FeeEvent$30will be charged monthly until now longer in default
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 Assessment feeEvent$100
Partial release processing feeEvent$220
Production FeeEvent$100if Heritage is required to produce a security document to the State's Land Titles Authority or agency
Redraw Administration FeeEvent$20while you do not meet the package eligibility criteria & not completed online
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.
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.
QBE - Lenders Mortgage InsuranceOther$0 to $0The amount charged to Heritage for lenders mortgage insurance
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$10 per cheque
§ 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
  • · Interest only repayment options available for investors
  • · 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.