Heritage BankDiscount Variable Home Loan $20k+ <70% LVR Owner Occupied (Existing customers only)
VariableRedraw
Interest
5.99%p.a.
Comparison*
Not available
Est. repayment
$2,995
LVR ≤70%
Heritage Bank Home Loan Rates
Tracked products
36
Lowest variable
5.99%
Lowest fixed
6.24%
Lowest comparison
7.46%
Last updated
14 Aug 2026
Heritage Bank is one of the Australian home-loan lenders we track daily. We currently surface 36 active products from Heritage Bank, refreshed from authoritative lender sources. The product table below sorts by comparison rate by default, the true-cost metric mandated by the National Consumer Credit Protection Act 2009, so you can see total cost, including standard fees, at a glance.
What is the lowest Heritage Bank home loan rate?
The lowest Heritage Bank variable home loan rate Ratesniffers tracks is 5.99% p.a., and the lowest fixed rate is 6.24% p.a. These figures come from the 35 Heritage Bank products on this page that pass data-quality checks, ranked by comparison rate, last verified 14 Aug 2026.
How many home loan products does Heritage Bank offer?
Ratesniffers currently tracks 36 Heritage Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 35 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
Heritage Bank home loan rates at a glance
| Product type | Rate | Max LVR |
|---|---|---|
| Variable Owner-occupier P&I | 5.99% p.a. | 70% |
| Variable Owner-occupier P&I | 5.99% p.a. | 70% |
| Variable Owner-occupier P&I | 6.09% p.a. | 80% |
| Variable Owner-occupier P&I | 6.09% p.a. | 80% |
| Variable Investor P&I | 6.14% p.a. | 70% |
| Variable Investor P&I | 6.14% p.a. | 70% |
| Variable Investor P&I | 6.24% p.a. | 80% |
| Variable Investor P&I | 6.24% p.a. | 80% |
| Variable Investor interest-only | 6.44% p.a. | 70% |
| Variable Investor interest-only | 6.44% p.a. | 70% |
| Variable Owner-occupier P&I | 6.49% p.a. | 90% |
| Variable Owner-occupier P&I | 6.49% p.a. | 90% |
35 of 36 tracked Heritage Bank home loan products
Heritage BankDiscount Variable Home Loan $700k+ <70% LVR Owner Occupied (Existing customers only)
VariableRedraw
Interest
5.99%p.a.
Comparison*
Not available
Est. repayment
$2,995
LVR ≤70%
Heritage BankDiscount Variable Home Loan $20k+ 70% - 80% LVR Owner Occupied (Existing customers only)
VariableRedraw
Interest
6.09%p.a.
Comparison*
Not available
Est. repayment
$3,027
LVR 70–80%
Heritage BankDiscount Variable Home Loan $700k+ 70% - 80% LVR Owner Occupied (Existing customers only)
VariableRedraw
Interest
6.09%p.a.
Comparison*
Not available
Est. repayment
$3,027
LVR 70–80%
Heritage BankDiscount Variable Home Loan Investment $20k+ <70% LVR P&I (Existing customers only)
VariableRedraw
Interest
6.14%p.a.
Comparison*
Not available
Est. repayment
$3,043
LVR ≤70%
Heritage BankDiscount Variable Home Loan Investment $700k+ <70% LVR P&I (Existing customers only)
VariableRedraw
Interest
6.14%p.a.
Comparison*
Not available
Est. repayment
$3,043
LVR ≤70%
Heritage BankDiscount Variable Home Loan Investment $20k+ 70% - 80% LVR P&I (Existing customers only)
VariableRedraw
Interest
6.24%p.a.
Comparison*
Not available
Est. repayment
$3,075
LVR 70–80%
Heritage BankDiscount Variable Home Loan Investment $700k+ 70% - 80% LVR P&I (Existing customers only)
VariableRedraw
Interest
6.24%p.a.
Comparison*
Not available
Est. repayment
$3,075
LVR 70–80%
Heritage BankDiscount Variable Home Loan Investment $20k+ <70% LVR IO (Existing customers only)
VariableRedraw
Interest
6.44%p.a.
Comparison*
Not available
Est. repayment
$3,141
LVR ≤70%
Heritage BankDiscount Variable Home Loan Investment $700k+ <70% LVR IO (Existing customers only)
VariableRedraw
Interest
6.44%p.a.
Comparison*
Not available
Est. repayment
$3,141
LVR ≤70%
Heritage BankDiscount Variable Home Loan $20k+ 80% - 90% LVR Owner Occupied (Existing customers only)
VariableRedraw
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR 80–90%
Heritage BankDiscount Variable Home Loan $700k+ 80% - 90% LVR Owner Occupied (Existing customers only)
VariableRedraw
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR 80–90%
Heritage BankDiscount Variable Home Loan Investment $20k+ 70% - 80% LVR IO (Existing customers only)
VariableRedraw
Interest
6.54%p.a.
Comparison*
Not available
Est. repayment
$3,174
LVR 70–80%
Heritage BankDiscount Variable Home Loan Investment $700k+ 70% - 80% LVR IO (Existing customers only)
VariableRedraw
Interest
6.54%p.a.
Comparison*
Not available
Est. repayment
$3,174
LVR 70–80%
Heritage BankDiscount Variable Home Loan Investment $20k+ 80% - 90% LVR P&I (Existing customers only)
VariableRedraw
Interest
6.64%p.a.
Comparison*
Not available
Est. repayment
$3,207
LVR 80–90%
Heritage BankDiscount Variable Home Loan Investment $700k+ 80% - 90% LVR P&I (Existing customers only)
VariableRedraw
Interest
6.64%p.a.
Comparison*
Not available
Est. repayment
$3,207
LVR 80–90%
Interest
6.64%p.a.
Comparison*
Not available
Est. repayment
$3,207
LVR ≤90%
Interest
6.69%p.a.
Comparison*
Not available
Est. repayment
$3,223
LVR ≤90%
Interest
6.69%p.a.
Comparison*
Not available
Est. repayment
$3,223
LVR ≤90%
Heritage BankDiscount Variable Home Loan $20k+ 90% - 95% LVR Owner Occupied (Existing customers only)
VariableRedraw
Interest
6.79%p.a.
Comparison*
Not available
Est. repayment
$3,256
LVR 90–95%
Heritage BankDiscount Variable Home Loan $700k+ 90% - 95% LVR Owner Occupied (Existing customers only)
VariableRedraw
Interest
6.79%p.a.
Comparison*
Not available
Est. repayment
$3,256
LVR 90–95%
Interest
6.79%p.a.
Comparison*
Not available
Est. repayment
$3,256
LVR ≤90%
Heritage BankDiscount Variable Home Loan Investment $20k+ 80% - 90% LVR IO (Existing customers only)
VariableRedraw
Interest
6.94%p.a.
Comparison*
Not available
Est. repayment
$3,306
LVR 80–90%
Heritage BankDiscount Variable Home Loan Investment $700k+ 80% - 90% LVR IO (Existing customers only)
VariableRedraw
Interest
6.94%p.a.
Comparison*
Not available
Est. repayment
$3,306
LVR 80–90%
Interest
6.39%p.a.
Comparison*
7.46%p.a.
Est. repayment
$3,124
LVR ≤95%
Interest
6.29%p.a.
Comparison*
7.70%p.a.
Est. repayment
$3,092
LVR ≤95%
Interest
6.59%p.a.
Comparison*
7.83%p.a.
Est. repayment
$3,190
LVR ≤90%
Interest
6.24%p.a.
Comparison*
7.86%p.a.
Est. repayment
$3,075
LVR ≤95%
Interest
6.29%p.a.
Comparison*
8.06%p.a.
Est. repayment
$3,092
LVR ≤95%
Interest
6.49%p.a.
Comparison*
8.13%p.a.
Est. repayment
$3,157
LVR ≤90%
Interest
8.19%p.a.
Comparison*
Not available
Est. repayment
$3,735
LVR ≤95%
Interest
6.44%p.a.
Comparison*
8.33%p.a.
Est. repayment
$3,141
LVR ≤90%
Interest
6.49%p.a.
Comparison*
8.56%p.a.
Est. repayment
$3,157
LVR ≤90%
Interest
8.74%p.a.
Comparison*
Not available
Est. repayment
$3,930
LVR ≤90%
Interest
8.74%p.a.
Comparison*
Not available
Est. repayment
$3,930
LVR ≤90%
*Important Information and Comparison Rate Warning
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Heritage Bank home loan repayment calculator
Pre-filled with Heritage Bank's lowest advertised variable rate in the table above, 5.99% p.a. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates and exclude fees, so the comparison rate in the table is the better guide to total cost.
The amount you want to borrow.
Heritage Bank's lowest variable today: 5.99%.
Most owner-occupier loans run 25 to 30 years.
Monthly repayment
$2,995
Fortnightly repayment
$1,382
Total interest
$578,034
30 years at 5.99% (P&I)
For a fuller model, use the repayment calculator or check what you can borrow with the borrowing power calculator.
Heritage Bank fees, offset and limits at a glance
- Application or establishment fee
- Standard Variable & Fixed Rate loans, $0 (which includes the 1st Security valuation if required to the amount…
- Discharge fee
- $345
- Settlement fee
- $0
- Additional valuation fee
- $282.46
- Rate lock fee
- 0.15% of the basic loan amount (excluding funded application fee and LMI premium) Payable up-front prior to…
- Loan portability
- Substitute Security Fee $450
- Minimum offset balance
- $1
- Lenders mortgage insurer
- QBE LMI
- Capitalising LMI
- Available
- Maximum total lending
- Subject to serviceability
- Extra repayments on fixed
- Unlimited, no penalties
- When the fixed rate is locked
- Rate Guarantee form can be submitted up until Unconditional Approval.…
Checked 4 Sept 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
Heritage Bank home loans: frequently asked questions
What is the lowest Heritage Bank home loan rate?
Heritage Bank's lowest variable home loan rate is currently 5.99% p.a., and its lowest fixed rate is 6.24% p.a., based on the 35 Heritage Bank products Ratesniffers ranks by comparison rate, last verified 14 Aug 2026. The advertised rate isn't always the rate Heritage Bank approves, a broker can often negotiate a sharper deal on your scenario.
What is the monthly repayment on a $600,000 Heritage Bank home loan?
At Heritage Bank's lowest variable rate of 5.99% p.a., a $600,000 principal and interest loan over 30 years repays about $3,593 a month, and $500,000 about $2,995. That is an estimate at the advertised rate before fees; the comparison rate in the table above carries the fees, and a fixed or interest-only loan repays differently.
How much do you need to earn for a $500,000 Heritage Bank home loan?
There is no single salary. Like every Australian lender, Heritage Bank must assess a new home loan at a rate at least 3 percentage points above the loan's rate under APRA's serviceability buffer, so 5.99% p.a. is assessed at about 8.99% p.a., then test that repayment against income after living expenses and other debts. The income required calculator at /calculators/income-required works this backwards from a property price and deposit.
How does Heritage Bank's home loan rate compare to the market?
Heritage Bank's lowest variable home loan rate today is 5.99% p.a., which is 25 basis points below the market median of 6.24% p.a., which puts Heritage Bank among the more competitive lenders on variable rates today. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where Heritage Bank sits right now rather than a fixed snapshot.
How many home loan products does Heritage Bank offer?
Ratesniffers currently tracks 36 Heritage Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 35 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is Heritage Bank competitive for refinancing?
It depends on your loan size and LVR. Heritage Bank's lowest comparison rate is currently 7.46% p.a., worth checking against the wider market before you switch. On a $500,000 loan, even a 0.30% p.a. difference is about $100 a month, so comparing Heritage Bank against the sharpest available rate usually pays off.
How often are Heritage Bank's home loan rates updated?
Ratesniffers last verified Heritage Bank's home loan rates on 14 Aug 2026. Rates can change whenever Heritage Bank reprices or the RBA moves the cash rate, so always confirm the current rate with the lender before acting.