Home Loans rates, fees and terms
You’ll find all you need to know about interest rates and fees for Heartland Home Loans here. Our current home loan rates are below. Interest rates are subject to change without notice. We will confirm the applicable interest rate for your loan during the loan application process.
Floating
7.49
%
p.a.
Revolving credit (floating)
7.49
%
p.a.
1 year fixed
5.65
%
p.a.
18 month fixed
5.59
%
p.a.
2 year fixed
5.55
%
p.a.
3 year fixed
5.55
%
p.a.
Loan setup fees
Establishment fee
Nil
We won’t charge you anything when you apply online for a Heartland Home Loan.
Maintenance
Refinance fee
$98
We may charge you this fee if you apply for an increase to your existing loan, including approval and acceptance.
Variation fee
$98
We may charge you this fee if we agree to vary the terms of your Heartland Home Loan.
Discharge fee
$25
We will charge you this fee to release your mortgage once your loan is repaid.
Fixed rate loan prepayment administrative fee
$15
We may charge you this fee if you make a full or part prepayment under your Heartland Home Loan.
Prepayment fee
We will charge you any reasonable estimate of our loss (if fixed rate).
Recovery costs
Actual costs
We will charge you any costs charged by third parties if you breach the terms of your Heartland Home Loan (e.g. legal fees) or if we take steps to enforce or protect our rights or our security. We can provide copies of the invoices on request.
Other costs
Actual costs
We will charge you any costs for payments that we may incur on your behalf. We can provide copies of the invoices on request.
Revolving credit service fees and limits
Direct debit dishonour fee
$32
We may charge this fee if you do not honour a direct debit from your account.
EFTPOS card daily limit
$3,000
You can spend up to $3,000 from your account EFTPOS card each day.
ATM daily withdrawal limits
$1,500
You can withdrawal up to $1,500 (NZD) from your account from ATMs in New Zealand or overseas each day.
Domestic ATM withdrawal fee
Free
We won’t charge you anything to withdraw money from your account while in New Zealand.
International ATM withdrawal fee
$6 (NZD)
We will charge you this fee for every ATM transaction made at an overseas ATM machine. Every international ATM withdrawal will also have a currency conversion included.
International ATM balance enquiry fee
Max. $0.75 (NZD)
We will charge you this fee for every ATM balance enquiry made at an overseas ATM machine.
Card replacement fee
$13
We will charge this fee if you request a replacement card.
Fees and costs added to loan balance
If we charge you any of the above fees or costs, we will add that amount to the amounts owing. That means we will charge interest on that amount until you pay it.
Default interest rates
If you do not pay an amount when it is due, then we will charge you interest at a default interest rate of 2% p.a. above the current interest rate. If you have a revolving credit home loan with us, the default interest rate is 6% p.a. above the current interest rate and includes failing to make any payments required to ensure that you don't exceed your credit limit.
Heartland’s lending criteria, terms and conditions apply.
