Home loan rates › People First and Heritage Bank
Discount Variable - Investment
People First and Heritage Bank
CDR official
Enjoy a low rate home loan with no monthly administration fee, the ability to make additional repayments and free online redraw.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Comparison* | Applies to | Conditions | Source | Since |
|---|---|---|---|---|---|
| 6.69% | 6.69% | Variable · investment · interest only · LVR 70% or less · $20,000–$699,999 | CDR | 1 Nov 2026 | |
| 8.99% | 8.99% | Variable · investment · interest only · LVR 95% or less · $20,000 or more | CDR | 1 Nov 2026 | |
| 6.69% | 6.69% | Variable · investment · interest only · LVR 70% or less · $700,000 or more | CDR | 1 Nov 2026 | |
| 6.79% | 6.79% | Variable · investment · interest only · LVR 70%–80% · $20,000–$699,999 | CDR | 1 Nov 2026 | |
| 6.79% | 6.79% | Variable · investment · interest only · LVR 70%–80% · $700,000 or more | CDR | 1 Nov 2026 | |
| 7.19% | 7.19% | Variable · investment · interest only · LVR 80%–90% · $20,000–$699,999 | CDR | 1 Nov 2026 | |
| 7.19% | 7.19% | Variable · investment · interest only · LVR 80%–90% · $700,000 or more | CDR | 1 Nov 2026 | |
| 6.39% | 6.40% | Variable · investment · principal and interest · LVR 70% or less · $20,000–$699,999 | CDR | 1 Nov 2026 | |
| 8.99% | 8.99% | Variable · investment · principal and interest · LVR 95% or less · $20,000 or more | CDR | 1 Nov 2026 | |
| 6.39% | 6.40% | Variable · investment · principal and interest · LVR 70% or less · $700,000 or more | CDR | 1 Nov 2026 | |
| 6.49% | 6.49% | Variable · investment · principal and interest · LVR 70%–80% · $20,000–$699,999 | CDR | 1 Nov 2026 | |
| 6.49% | 6.49% | Variable · investment · principal and interest · LVR 70%–80% · $700,000 or more | CDR | 1 Nov 2026 | |
| 6.89% | 6.89% | Variable · investment · principal and interest · LVR 80%–90% · $20,000–$699,999 | CDR | 1 Nov 2026 | |
| 6.89% | 6.89% | Variable · investment · principal and interest · LVR 80%–90% · $700,000 or more | CDR | 1 Nov 2026 |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable.
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Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://public.openbanking.peoplefirstbank.com.au/cds-au/v1/banking/products/87fbccff-cd65-4cd3-98b9-e2220d59b6e8- Content hash
sha256 19d88b51c2010519338f00d2c129cff07010a7762352e7a83e0ea1aa8393ad1d- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_19d88b51c2010519_2042549fShow details
- Checked
- 1 Nov 2026
- URL
https://public.openbanking.peoplefirstbank.com.au/cds-au/v1/banking/products/87fbccff-cd65-4cd3-98b9-e2220d59b6e8- Content hash
sha256 19d88b51c2010519338f00d2c129cff07010a7762352e7a83e0ea1aa8393ad1d- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Paper Based Statement Fee | Other | $3.00 |
| Monthly fee | Event | $0.00 |
| Loan Finalisation Fee | Exit | $345.00 |
| Cheque Fee | Upfront | $10.00 |
| Title Registration Fee | Other | Set in your letter of offer |
| Default Fee | Event | $30.00 |
| Special Request Transaction Listing Fee | Event | $7.50 |
| Enforcement Fee | Event | $20.00 |
| Telegraphic Transfer fee (PEXA settlements) | Event | $35.00 |
| Renegotiation fee | Event | $250.00 |
| Substitute Security Fee | Event | $450.00 |
| Partial release processing fee | Event | $220.00 |
| Partial Release Assessment fee | Other | Set in your letter of offer |
| Capital reduction recalculation fee | Event | $75.00 |
| Change of term fee | Event | $75.00 |
| Document/Record Search fee | Event | $12.00 |
| Direct Debit dishonour fee | Event | $10.00 |
| Redraw Administration Fee | Event | $20.00 |
| Production Fee | Event | $100.00 |
| Consent Fee | Event | $200.00 |
| Title Search | Other | Set in your letter of offer |
| Title search - payable to Agent/Solicitor | Other | Set in your letter of offer |
| Agent's fees | Other | Set in your letter of offer |
| Bank cheques cost payable to any Bank issuing a bank cheque for settlement on settlement of Loan. | Other | Set in your letter of offer |
| 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 | Set in your letter of offer |
| Council mortgage notification fee | Other | Set in your letter of offer |
| Mortgage Dealing Fee | Other | Set in your letter of offer |
| QBE - Lenders mortgage insurance | Other | Set in your letter of offer |
| Guarantor Fee | Event | $200.00 |
| Trust/Company Document Examination fee | Event | $250.00 |
| Approval request fee | Other | Set in your letter of offer |
| Collateral Security Preparation fee | Event | $100.00 |
| Telegraphic transfer fee | Event | $30.00 |
| Stamp Duty | Other | Set in your letter of offer |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Other | Get a competitive low variable interest rate on our simple Discount Variable Rate Home Loan | |
| Extra repayments | Make unlimited additional repayments | |
| Redraw | Online redraw available | |
| Other | Loan terms from 1 to 30 years | |
| Other | Interest only repayment options available for investors | |
| Guarantor | Family Guarantee options available | |
| Other | Split Loan available | |
| Eligibility: min age | 18 | |
| Eligibility: residency status | A citizen or permanent resident of Australia or New Zealand | |
| Eligibility: other | Lending criteria apply | |
| Limit: min limit | 20000.00 |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · investment · principal and interest · LVR 70%–80% · $20,000–$699,999 | 1 Nov 2026 | Current | 6.49% | 6.49% |
| Variable · investment · interest only · LVR 70%–80% · $20,000–$699,999 | 1 Nov 2026 | Current | 6.79% | 6.79% |
| Variable · investment · interest only · LVR 80%–90% · $700,000 or more | 1 Nov 2026 | Current | 7.19% | 7.19% |
| Variable · investment · interest only · LVR 95% or less · $20,000 or more | 1 Nov 2026 | Current | 8.99% | 8.99% |
| Variable · investment · principal and interest · LVR 70% or less · $20,000–$699,999 | 1 Nov 2026 | Current | 6.39% | 6.40% |
| Variable · investment · principal and interest · LVR 80%–90% · $700,000 or more | 1 Nov 2026 | Current | 6.89% | 6.89% |
| Variable · investment · principal and interest · LVR 70% or less · $700,000 or more | 1 Nov 2026 | Current | 6.39% | 6.40% |
| Variable · investment · principal and interest · LVR 70%–80% · $700,000 or more | 1 Nov 2026 | Current | 6.49% | 6.49% |
| Variable · investment · principal and interest · LVR 95% or less · $20,000 or more | 1 Nov 2026 | Current | 8.99% | 8.99% |
| Variable · investment · principal and interest · LVR 80%–90% · $20,000–$699,999 | 1 Nov 2026 | Current | 6.89% | 6.89% |
| Variable · investment · interest only · LVR 70% or less · $20,000–$699,999 | 1 Nov 2026 | Current | 6.69% | 6.69% |
| Variable · investment · interest only · LVR 70% or less · $700,000 or more | 1 Nov 2026 | Current | 6.69% | 6.69% |
| Variable · investment · interest only · LVR 70%–80% · $700,000 or more | 1 Nov 2026 | Current | 6.79% | 6.79% |
| Variable · investment · interest only · LVR 80%–90% · $20,000–$699,999 | 1 Nov 2026 | Current | 7.19% | 7.19% |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable.
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