Home Loans (for Business Customers) rates, fees and terms
Interest rates
Our interest rates for these home loans are floating rates between 3.70% p.a. to 5.95% p.a. These rates are subject to change without notice. These rates are indicative only and an additional margin may apply to any lending as determined by Heartland Bank in its sole discretion. Please contact us for further information on 0800 85 20 20.
Loan fees
Refinance fee
$98
We will charge you this fee if you apply for an increase to your existing loan, including approval and acceptance.
Variation fee
$98
We will charge you this fee if we vary the terms of your mortgage.
Discharge fee
$25
We will charge you this fee to release your mortgage once your loan is repaid.
Collections
Recovery costs
We will charge you any costs charged by third parties relating to your loan or the loan documents (e.g. legal fees). We can provide copies of the invoices on request
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% per annum above the current interest rate.
You can view Heartland Bank's latest Disclosure Statement here.
Legal documents
