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
Back to Heritage Bank Home Loans
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