Heritage
Discount Variable - Owner Occupied
Heritage · residential mortgages
Provider last updated this product 2026-06-08.
Enjoy a low rate home loan with no monthly administration fee, the ability to make additional repayments and free online redraw.
As published by the lender
- Headline rates - from 5.99% to 8.19%The lender publishes several headline rates; which one applies is the lender's decision.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| VARIABLE | 8.19% | 8.19% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $20,000+, LVR up to 95% | calculated daily, paid monthly |
| LVR<=95%. Loan Amount >=$20,000. | |||||||
| VARIABLE | 5.99% | 6.00% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $20,000 - $699,999, LVR up to 70% | calculated daily, paid monthly |
| LVR up to 70%. Loan amount $20,000 - $699,999. | |||||||
| VARIABLE | 6.09% | 6.10% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $20,000 - $699,999, LVR 70% - 80% | calculated daily, paid monthly |
| LVR 70.1% - 80%. Loan Amount $20,000 - $699,999. | |||||||
| VARIABLE | 6.49% | 6.49% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $20,000 - $699,999, LVR 80% - 90% | calculated daily, paid monthly |
| LVR 80.1% - 90%. Loan Amount $20,000 - $699,999. | |||||||
| VARIABLE | 6.79% | 6.79% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $20,000 - $699,999, LVR 90% - 95% | calculated daily, paid monthly |
| LVR 90.1% - 95%. Loan Amount $20,000 - $699,999. | |||||||
| VARIABLE | 5.99% | 6.00% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $700,000+, LVR up to 70% | calculated daily, paid monthly |
| LVR<=70%. Loan Amount >=$700,000. | |||||||
| VARIABLE | 6.09% | 6.10% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $700,000+, LVR 70% - 80% | calculated daily, paid monthly |
| LVR>70.1% - 80%. Loan Amount >=$700,000. | |||||||
| VARIABLE | 6.49% | 6.49% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $700,000+, LVR 80% - 90% | calculated daily, paid monthly |
| LVR 80.1% - 90%. Loan Amount >=$700,000. | |||||||
| VARIABLE | 6.79% | 6.79% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $700,000+, LVR 90% - 95% | calculated daily, paid monthly |
| LVR 90.1% - 95%. Loan Amount >=$700,000. | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| 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. |
| Monthly fee | EVENT | $0 | - |
| Loan Finalisation Fee | EXIT | $345 | - |
| Cheque Fee | UPFRONT | $10 | - |
| Title Registration Fee | OTHER | - | amount charged by Government |
| Default Fee | EVENT | $30 | Every month until not in default |
| Special Request Transaction Listing Fee | EVENT | $7.50 | - |
| Enforcement Fee | EVENT | $20 | - |
| TELEGRAPHIC TRANSFER FEE (PEXA Settlements) | EVENT | $35 | Payable to ANZ Banking Group or Westpac Banking Corporation on Settlement if any of the amount of credit is telegraphically transferred. |
| Renegotiation fee | EVENT | $250 | - |
| Substitute Security Fee | EVENT | $450 | - |
| Partial release processing fee | EVENT | $220 | - |
| Partial Release Assessment fee | EVENT | $100 | - |
| Capital reduction recalculation fee | EVENT | $75 | - |
| Change of term fee | EVENT | $75 | - |
| Document/Record Search fee | EVENT | $12 | - |
| Direct Debit dishonour fee | EVENT | $10 | - |
| Redraw Administration Fee | EVENT | $20 | while you do not meet the package eligibility criteria & not completed online |
| Consent Fee | EVENT | $200 | - |
| Production Fee | EVENT | $100 | if Heritage is required to produce a security document to the State's Land Titles Authority or agency |
| Title Search | OTHER | - | The amount charged to Heritage per search per title. |
| Title search - payable to Agent/Solicitor | OTHER | - | The amount charged to Heritage by the Agent or Solicitor |
| Agent's fees | OTHER | - | 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. |
| Bank cheques cost payable to any Bank issuing a bank cheque for settlement on settlement of Loan. | OTHER | - | The amount charged by the bank to Heritage, its Agent or your Solicitor (currently estimated at approximately $12.00 per cheque). |
| 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 | - | The amount charged to Heritage |
| Council mortgage notification fee | OTHER | - | The amount charged by the local government |
| Mortgage Dealing Fee | OTHER | - | Amounts charged to Heritage per Mortgage Dealing |
| QBE - Lenders Mortgage Insurance | OTHER | - | Amount varies depending on LVR and loan amount |
| Guarantor Fee | EVENT | $200 | Payable for having a guarantee listed as security on your loan. |
| Trust/Company Document Examination Fee | EVENT | $250 | Payable on application for trust/company structures |
| Collateral Security Preparation fee | EVENT | $100 | Payable when taking security over a new Collateral Security Property (any security other than the first new security), on application. |
| Approval Request Fee | OTHER | - | Payable if you ask for our approval under the credit contract or a security in relation to a transaction or proposal. |
| Telegraphic Transfer Fee | EVENT | $30 | Payable if money lent to you is telegraphically transferred within Australia. |
| Stamp Duty | OTHER | - | Amounts charged to Heritage for Stamp Duty |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 5.99% | 6.00% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Get a competitive low variable interest rate on our simple Discount Variable Rate Home Loan
- Loan terms from 1 to 30 years
- Split Loans available
Who can apply
- min age - 18
- residency status - A citizen or permanent resident of Australia or New Zealand
- otherLending criteria apply
Limits
- min limit - 20000.00
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-06-08T14:00:28.213Z · Product ID: f1f4dfec-268b-4d8f-b177-33311c33cef5