Heritage Bank Variable Rate Home Loan

Main Features and Fees...

 
Company  
Interest Rate Enquire Here - Interest rate discounts available
Products Available Variable Rate
Offset Account 100% offset - minimum balance $500
Redraw Facility Yes, $20 and no minimum
Extra Repayments Yes                                            
Lump Sum Repayments Yes 
Product Change Yes, $100 to $600 fee applies
Portability Yes
Construction Yes, $110 per inspection
Split Loan Facility Yes
Principle and Interest Payments Yes
Interest Only Payments No
FEES                                                 
Upfront Fees $600
Ongoing Fees  $5                               
Early Exit Fees $600 if loan is paid within first 3 years
Discharge of Mortgage Fees No listed


Notes

Further Advances/Related Loans

Further Advances and Related Loans are available under this loan type. Standard Variable Related loans operate in exactly the same way as Standard Variable primary loans.

The minimum Further Advance/ Related Loan amount is $10,000.

Note Non Resident New Zealand Only

 

Guarantor/Third Party Mortgage: will only be acceptable for Husband and Wife loan structures.

The loan structure currently used to extend parent’s equity to enable their dependants to enter the

real estate market will not be acceptable.


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Need Help Finding the Right Home Loan...

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Simply click the link below or call 1300 726 136 to have all your mortgage questions answered

 

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