Important disclosure
Calculate your repayments for this loan
Your estimated repayment
$3,097
based on $500,000 loan amount for 25 years at 5.59%
Pros and cons
For First Home Loan Fixed (Principal and Interest) 3 Years (LVR 80%-95%)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Suitable for low deposits
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- Limited extra repayments
- No offset account
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Bank of Heritage Isle Fixed - 3 years Rate Home loan overview
For First Home Loan Fixed (Principal and Interest) 3 Years (LVR 80%-95%)
Details
Maximum LVR 95% | Total Repayments $945,462 |
Interest rate type Fixed - 3 years | Borrowing range
$50k
-
$2m
|
Suitable for Owner Occupiers | Loan term range 1 - 30 years |
Repayment type Principal and Interest | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Target Market Determination Visit Bank of Heritage Isle to view Target Market Determination. |
Features
Extra repayments Yes - limited to $10000 during fixed period | Redraw facility Redraw fee: $0 |
Offset account | Split interest facility |
Loan portability | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits |
Fees
Total estimated upfront fees $600 | Application fee $600 |
Legal fee $0 | Valuation fee $0 |
Settlement fee $0 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $294 |
Other Restrictions
Early exit fee may apply.
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