Home Loan Repayment

Heritage Bank has decreased its three-year fixed home loan interest rate by 10 basis points to 4.89% (comparison rate 5.54%).

The loan type includes owner occupied, investment and vacant land.

Your Mortgage’s home loan calculator shows the reduction will save customers about $17 a month for a loan of $300,000 on a loan term of 20 years, compared to the previous rate.

The new rate is effective from Friday, 20 September.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker