The details shown below are for an owner occupier taking out a principal & interest loan between $75,000 and $499,999 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan between $500,000 and $749,999 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $750,000 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan between $75,000 and $499,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $500,000 and $749,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $750,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $75,000 and $499,999 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan between $500,000 and $749,999 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $750,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan between $75,000 and $499,999 with an LVR below 95%
The details shown below are for an owner occupier taking out a principal & interest loan between $500,000 and $749,999 with an LVR below 95%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $750,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan between $75,000 and $499,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan between $500,000 and $749,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan of at least $750,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $75,000 and $499,999 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $500,000 and $749,999 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $750,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $75,000 and $499,999 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $500,000 and $749,999 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan of at least $750,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan between $75,000 and $499,999 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $500,000 and $749,999 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan of at least $750,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $75,000 and $499,999 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan between $500,000 and $749,999 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan of at least $750,000 with an LVR below 90%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 60% | $75,000 | $499,999 |
| | Owner Occupier | Principal & Interest | < 60% | $500,000 | $749,999 |
| | Owner Occupier | Principal & Interest | < 60% | $750,000 | |
| | Owner Occupier | Principal & Interest | 60%-80% | $75,000 | $499,999 |
| | Owner Occupier | Principal & Interest | 60%-80% | $500,000 | $749,999 |
| | Owner Occupier | Principal & Interest | 60%-80% | $750,000 | |
| | Owner Occupier | Principal & Interest | 80%-90% | $75,000 | $499,999 |
| | Owner Occupier | Principal & Interest | 80%-90% | $500,000 | $749,999 |
| | Owner Occupier | Principal & Interest | 80%-90% | $750,000 | |
| | Owner Occupier | Principal & Interest | 90%-95% | $75,000 | $499,999 |
| | Owner Occupier | Principal & Interest | 90%-95% | $500,000 | $749,999 |
| | Owner Occupier | Principal & Interest | 90%-95% | $750,000 | |
| | Owner Occupier | Interest Only | < 80% | $75,000 | $499,999 |
| | Owner Occupier | Interest Only | < 80% | $500,000 | $749,999 |
| | Owner Occupier | Interest Only | < 80% | $750,000 | |
| | Investor | Principal & Interest | < 80% | $75,000 | $499,999 |
| | Investor | Principal & Interest | < 80% | $500,000 | $749,999 |
| | Investor | Principal & Interest | < 80% | $750,000 | |
| | Investor | Principal & Interest | 80%-90% | $75,000 | $499,999 |
| | Investor | Principal & Interest | 80%-90% | $500,000 | $749,999 |
| | Investor | Principal & Interest | 80%-90% | $750,000 | |
| | Investor | Interest Only | < 80% | $75,000 | $499,999 |
| | Investor | Interest Only | < 80% | $500,000 | $749,999 |
| | Investor | Interest Only | < 80% | $750,000 | |
| | Investor | Interest Only | 80%-90% | $75,000 | $499,999 |
| | Investor | Interest Only | 80%-90% | $500,000 | $749,999 |
| | Investor | Interest Only | 80%-90% | $750,000 |
Owner Occupier (Principal & Interest)
LVR < 60%
Loan: $75,000 $499,999
Owner Occupier (Principal & Interest)
LVR < 60%
Loan: $500,000 $749,999
Owner Occupier (Principal & Interest)
LVR < 60%
Loan: $750,000
Owner Occupier (Principal & Interest)
LVR 60%-80%
Loan: $75,000 $499,999
Owner Occupier (Principal & Interest)
LVR 60%-80%
Loan: $500,000 $749,999
Owner Occupier (Principal & Interest)
LVR 60%-80%
Loan: $750,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $75,000 $499,999
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $500,000 $749,999
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $750,000
Owner Occupier (Principal & Interest)
LVR 90%-95%
Loan: $75,000 $499,999
Owner Occupier (Principal & Interest)
LVR 90%-95%
Loan: $500,000 $749,999
Owner Occupier (Principal & Interest)
LVR 90%-95%
Loan: $750,000
Owner Occupier (Interest Only)
LVR < 80%
Loan: $75,000 $499,999
Owner Occupier (Interest Only)
LVR < 80%
Loan: $500,000 $749,999
Owner Occupier (Interest Only)
LVR < 80%
Loan: $750,000
Investor (Principal & Interest)
LVR < 80%
Loan: $75,000 $499,999
Investor (Principal & Interest)
LVR < 80%
Loan: $500,000 $749,999
Investor (Principal & Interest)
LVR < 80%
Loan: $750,000
Investor (Principal & Interest)
LVR 80%-90%
Loan: $75,000 $499,999
Investor (Principal & Interest)
LVR 80%-90%
Loan: $500,000 $749,999
Investor (Principal & Interest)
LVR 80%-90%
Loan: $750,000
Investor (Interest Only)
LVR < 80%
Loan: $75,000 $499,999
Investor (Interest Only)
LVR < 80%
Loan: $500,000 $749,999
Investor (Interest Only)
LVR < 80%
Loan: $750,000
Investor (Interest Only)
LVR 80%-90%
Loan: $75,000 $499,999
Investor (Interest Only)
LVR 80%-90%
Loan: $500,000 $749,999
Investor (Interest Only)
LVR 80%-90%
Loan: $750,000
Looking for a full feature home loan with a competitive rate to boot? With a 100% offset account, redraw facility and the ability to make extra repayments, Virgin Money’s Reward Me Variable Rate Home Loan might just be the match for you. And with rates starting from just 2.50% (2.67% comparison rate)* for owners and 2.64% (2.81% comparison rate)* for investors, you’ll be certain that you’re paying a competitive rate on your repayments.
The number you’ll be focusing on with any home loan is the interest rate, and in this respect Virgin Money really delivers with it’s Reward Me Variable Rate Home Loan. Variable rates for owner occupiers start at just 2.50% (2.67% comparison rate)* for owner occupiers if you're borrowing more than $500,000 with an <60% LVR.
The rate for an owner-occupier wanting to take out a loan with an <80% LVR is slightly higher at 2.74% (2.91% comparison rate)* for loans above $500,000 and 2.84% (3.01% comparison rate*) for loans from $75,000 to $499,999.
It’s not all just about the rate though, as the Reward Me Variable Rate Home Loan comes complete with a range of handy features including a 100% offset account in which you’ll be able to stash your extra cash in order to bring down your repayments.
Plus if you refinance a loan of at least $300,000 by 28 May 2021 and settle by 27 August 2021, you could snag yourself a neat $3,000 cashback. To be eligible for this you will have to have a loan to value ratio of up to 80%.
Speaking of which, Virgin Money also offers free extra repayments, and the loan even features a redraw facility if you ever need to draw against the the money you’ve already paid down. Just remember that there’s a $100 minimum redraw amount if you ever do need to use it.
When it comes to other loan costs, homeowners there is a $300 application fee, $150 settlement fee, a $350 discharge fee and an ongoing service fee of $10 each month to budget for.
Virgin Money’s Reward Me Variable Rate Home Loan could be a great option for an owner occupier or investor wanting the lot - a full feature home loan which still offers a competitive interest rate.
While the ongoing service fee of $10 a month may seem small, that figure becomes $3,000 over a 25 year period or $3,600 over a 30 year loan, so it may be worth weighing up beforehand along with the other fees.
2.59% p.a.
n/a
n/a
n/a
2.76% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
none
60.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.50% p.a.
n/a
n/a
n/a
2.67% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
none
60.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.50% p.a.
n/a
n/a
n/a
2.67% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
none
60.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.74% p.a.
n/a
n/a
n/a
2.91% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
60.00%
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.64% p.a.
n/a
n/a
n/a
2.81% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
60.00%
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.64% p.a.
n/a
n/a
n/a
2.81% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
60.00%
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.14% p.a.
n/a
n/a
n/a
3.30% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
80.00%
90.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.09% p.a.
n/a
n/a
n/a
3.25% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
80.00%
90.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.09% p.a.
n/a
n/a
n/a
3.25% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
80.00%
90.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
4.62% p.a.
n/a
n/a
n/a
4.77% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
90.00%
95.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
4.62% p.a.
n/a
n/a
n/a
4.77% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
90.00%
95.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
4.62% p.a.
n/a
n/a
n/a
4.77% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
90.00%
95.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.57% p.a.
n/a
n/a
n/a
3.73% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
none
80.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.52% p.a.
n/a
n/a
n/a
3.68% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
none
80.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.47% p.a.
n/a
n/a
n/a
3.63% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
none
80.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.84% p.a.
n/a
n/a
n/a
3.01% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
none
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.74% p.a.
n/a
n/a
n/a
2.91% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
none
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
2.74% p.a.
n/a
n/a
n/a
2.91% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
none
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.29% p.a.
n/a
n/a
n/a
3.45% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.19% p.a.
n/a
n/a
n/a
3.35% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.19% p.a.
n/a
n/a
n/a
3.35% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.19% p.a.
n/a
n/a
n/a
3.35% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
none
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.14% p.a.
n/a
n/a
n/a
3.30% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
none
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.14% p.a.
n/a
n/a
n/a
3.30% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
none
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.49% p.a.
n/a
n/a
n/a
3.65% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$75,000
$499,999
80.00%
90.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.44% p.a.
n/a
n/a
n/a
3.60% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$500,000
$749,999
80.00%
90.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
3.44% p.a.
n/a
n/a
n/a
3.60% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$300.00
$0.00
$0.00
$150.00
n/a
$10.00 monthly
$350.00
$750,000
none
80.00%
90.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$100.00
yes
yes
none
none
$3,000 cashback for new borrowings of at least $300,000, applications by 28 May 2021, settled by 27 August 2021.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
Possibly the most uncompetitve rate on the planet. And on top of that they sell it as a rewards home loan as it comes with frequent flyer points (that you pay $10 a month for) that can hardly use in current environment. The interest rate is close to half a percent higher than other good competitors in the markets. And Virgin unwilling to lower their rates to even come close to that, customer service quite rude about it as well. Just a bad product in general. Sign up for it if you just want to pay more for a home loan with bad customer service.
Read full reviewPossibly the most uncompetitve rate on the planet. And on top of that they sell it as a rewards home loan as it comes with frequent flyer points (that you pay $10 a month for) that can hardly use in current environment. The interest rate is close to half a percent higher than other good competitors in the markets. And Virgin unwilling to lower their rates to even come close to that, customer service quite rude about it as well. Just a bad product in general. Sign up for it if you just want to pay more for a home loan with bad customer service.
When contacting about home loan they are slow to respond. Online access does not show interest rate and when contacting them by phone it takes weeks to get a response via email. Virgin has not been able to provide a debit card to access our savings. Instead if we need cash we have to transfer to an account we have with another bank and then withdraw from that bank. Credit card transactions are slow. They show as pending for days before appearing properly, only primary card holder can see all credit transactions. With online access other card holders can only see their own transactions and not all.
Read full reviewWhen contacting about home loan they are slow to respond. Online access does not show interest rate and when contacting them by phone it takes weeks to get a response via email. Virgin has not been able to provide a debit card to access our savings. Instead if we need cash we have to transfer to an account we have with another bank and then withdraw from that bank. Credit card transactions are slow. They show as pending for days before appearing properly, only primary card holder can see all credit transactions. With online access other card holders can only see their own transactions and not all.
Rates aren't competitive enough, I need to change providers soon.
Read full reviewRates aren't competitive enough, I need to change providers soon.
Virgin Money is a financial services company that differentiates itself with a high focus on customer service and a strong brand. It aims to offer great value banking and insurance products designed around what customers really want. In Australia, Virgin Money's banking products include savings accounts, credit cards, super and it also has a range of general insurance products including home and contents, car and travel insurance.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
Homestar
Star Classic Fixed Home Loan
n/a
n/a
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.89% p.a.
fixed 3 years
3.03% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
$0.00
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
