Heritage
Car Loan
Purchase or refinance of a new or used vehicle up to 10 years old through a Dealer or Private Sale
Personal loansBank updated 4 June 2026
At a glance
- Fixed
- 6.49% · 6.84% comparison
- Loan size
- $20,000 to no maximum
- Upfront fee
- $250
- Monthly fee
- $0
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedFixed term can range from 1 to 7 years. Interest rates are on a per annum basis. Rates and discounts are correct as stated and subject to change without notice. Car loan comparison rate calculated on… | P&I | 1 yr fixed | — | 6.49% | 6.84% | — |
§ 02 — Fees · 20
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Capital reduction recalculation fee | Event | $75 | — | If you ask Heritage to capitalise payments in advance or payment or proposed payment under the credit contract |
| Change of term fee | Event | $75 | — | Payable if you to ask us to agree or offer to change the loan term. |
| Collateral Security Preparation fee | Event | $100 | — | — |
| Default fee - if payment remains outstanding after its due date | Event | $30 | — | — |
| Document/Record search fee | Event | $12 | — | Whenever Heritage provides a copy of a document relating to your loan at your request or at the request of a security provider |
| Enforcement fee | Event | $20 | — | Payable if we make good on a default under a security by performing a financial obligation (such as payment of an insurance premium or rates). |
| Renegotiation fee | Event | $250 | — | Payable each time you ask us to vary your credit contract or we offer a new credit contract to you. |
| Special Request Transaction Listing Fee | Event | $7.50 | — | Whenever a listing of transactions between two given dates is issued on your account |
| Telegraphic transfer fee | Event | $30 | — | Payable if money lent to you is telegraphically transferred within Australia. |
| Approval request fee | Other | $0 to $0 | — | Payable if you ask for our approval under the credit contract or a security in relation to a transaction or proposal. |
| Bank cheque fee | Other | $0 to $0 | — | Cost payable to any bank issuing a bank cheque for settlement on settlement of loan. |
| Paper Based Statement Fee | Other | $3 | — | Fee is charged for each paper statement issued as per your account statement cycle. Excludes eStatements which are free of charge. |
| PPSR Registration fee | Other | $0 to $0 | — | Fee is charged per PPSR registration |
| PPSR Search fee | Other | $0 to $0 | — | When Heritage carries out a PPSR search on a motor vehicle subject to a security. Fee is charged per PPSR search. |
| PPSR VIN validation fee | Other | $0 to $0 | — | Fee is charged per PPSR Vin validation |
| Monthly Administration Fee | Periodic | No fee | Every 1 mo | — |
| Direct Debit Dishonour fee | Transaction | $10 | — | If a direct debit authorised to be made from or to your account is dishonoured |
| Application fee | Upfront | $250 | — | — |
| Heritage Cheque Fee | Withdrawal | $10 | — | Heritage Cheque fee payable to Heritage if credit under this Credit Contract is provided by a cheque drawn by heritage on itself |
| Redraw Administration Fee | Withdrawal | $20 | — | If you apply to redraw Payments in Advance other than a request through Online Redraw |
§ 03 — Features
RedrawDigital bankingHeritage Credits
- · No penalty for paying out early or making extra repayments
- · Electronic or paper statements available
- · SMS services
- · Purchase or refinance a new or used vehicle, up to 10 years old
- · Loan terms from 1 to 7 years
- · Flexible Repayment Options
- · Fixed repayments to make budgeting easy
- · Loan amounts from $20000
- · Repay in full at anytime
- · Car, Caravan or Motorbike eligible security
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian Permanent Residents and Citizens
- · Amount $20,000 to no maximum
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by People First and Heritage Bank under the Consumer Data Right, last changed by them on 4 June 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.