Virgin Money Reward Me Variable Rate Home Loan

Rate

3.18% p.a.

Comparison Rate*

3.32% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.18% p.a.

Comparison Rate*

3.32% p.a.

Service fee

$10.00 monthly

Rate

3.14% p.a.

Comparison Rate*

3.28% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.14% p.a.

Comparison Rate*

3.28% p.a.

Service fee

$10.00 monthly

Rate

3.54% p.a.

Comparison Rate*

3.68% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.54% p.a.

Comparison Rate*

3.68% p.a.

Service fee

$10.00 monthly

Rate

3.49% p.a.

Comparison Rate*

3.63% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.49% p.a.

Comparison Rate*

3.63% p.a.

Service fee

$10.00 monthly

Rate

3.44% p.a.

Comparison Rate*

3.58% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.44% p.a.

Comparison Rate*

3.58% p.a.

Service fee

$10.00 monthly

Rate

4.49% p.a.

Comparison Rate*

4.62% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

4.49% p.a.

Comparison Rate*

4.62% p.a.

Service fee

$10.00 monthly

Rate

4.49% p.a.

Comparison Rate*

4.62% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

4.49% p.a.

Comparison Rate*

4.62% p.a.

Service fee

$10.00 monthly

Rate

4.49% p.a.

Comparison Rate*

4.62% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

4.49% p.a.

Comparison Rate*

4.62% p.a.

Service fee

$10.00 monthly

Rate

3.79% p.a.

Comparison Rate*

3.93% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.79% p.a.

Comparison Rate*

3.93% p.a.

Service fee

$10.00 monthly

Rate

3.74% p.a.

Comparison Rate*

3.88% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.74% p.a.

Comparison Rate*

3.88% p.a.

Service fee

$10.00 monthly

Rate

3.69% p.a.

Comparison Rate*

3.83% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.69% p.a.

Comparison Rate*

3.83% p.a.

Service fee

$10.00 monthly

Rate

3.54% p.a.

Comparison Rate*

3.68% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.54% p.a.

Comparison Rate*

3.68% p.a.

Service fee

$10.00 monthly

Rate

3.44% p.a.

Comparison Rate*

3.58% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.44% p.a.

Comparison Rate*

3.58% p.a.

Service fee

$10.00 monthly

Rate

3.39% p.a.

Comparison Rate*

3.53% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.39% p.a.

Comparison Rate*

3.53% p.a.

Service fee

$10.00 monthly

Rate

3.64% p.a.

Comparison Rate*

3.78% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.64% p.a.

Comparison Rate*

3.78% p.a.

Service fee

$10.00 monthly

Rate

3.64% p.a.

Comparison Rate*

3.78% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.64% p.a.

Comparison Rate*

3.78% p.a.

Service fee

$10.00 monthly

Rate

3.54% p.a.

Comparison Rate*

3.68% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.54% p.a.

Comparison Rate*

3.68% p.a.

Service fee

$10.00 monthly

Rate

3.69% p.a.

Comparison Rate*

3.83% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.69% p.a.

Comparison Rate*

3.83% p.a.

Service fee

$10.00 monthly

Rate

3.64% p.a.

Comparison Rate*

3.78% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.64% p.a.

Comparison Rate*

3.78% p.a.

Service fee

$10.00 monthly

Rate

3.64% p.a.

Comparison Rate*

3.78% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.64% p.a.

Comparison Rate*

3.78% p.a.

Service fee

$10.00 monthly

Rate

3.99% p.a.

Comparison Rate*

4.13% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.99% p.a.

Comparison Rate*

4.13% p.a.

Service fee

$10.00 monthly

Rate

3.94% p.a.

Comparison Rate*

4.08% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.94% p.a.

Comparison Rate*

4.08% p.a.

Service fee

$10.00 monthly

Rate

3.89% p.a.

Comparison Rate*

4.03% p.a.

Service fee

$10.00 monthly

Virgin Money Reward Me Variable Rate Home Loan

Rate

3.89% p.a.

Comparison Rate*

4.03% p.a.

Service fee

$10.00 monthly

Mozo Review Virgin Money Reward Me Variable Rate Home Loan Review

Last updated: 25 October 2019.

What's hot:

Interest rates from 3.14% variable rate (3.28% comparison rate*)
100% offset account
Free extra repayments and redraw facility

What's not:

$10 monthly service fee

Mozo snapshot:

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 3.14% (3.28% comparison rate)* for owners and 3.39% (3.53% comparison rate)* for investors, you’ll be certain that you’re paying a competitive rate on your repayments.

Key features:

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 3.14% (3.28% comparison rate)*, though the rate for an owner-occupier wanting to take out a loan of between $75,000 and $499,999 with an LVR below 80% is slightly higher at 3.23% (3.37% comparison rate)*.

Similarly, investor rates start at just 3.39% (3.53% comparison rate)*, and Virgin Money even offers loans to low deposit borrowers with LVR’s of up to 95%.

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.

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 won’t need to pay any application, legal or valuations fees on the Reward Me Variable Rate Home Loan, though there is a $150 settlement fee, a $320 discharge fee and an ongoing service fee of $10 each month.

As a bonus, Virgin Money even offers its home loan customers the chance to earn thousands of Velocity Points, which can be redeemed for flights and other goods, along the way. Borrowers will be able to earn up to 10,000 Velocity Points for every $100,000 they borrow at the start of the loan, then 1,000 points for every month and 30,000 points every three years when the loan balance remains higher than $50,000.

Who it's good 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.

Any catches?

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.

Details

Rates

Variable rate

3.23% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.37% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$75,000
Maximum loan amount

$499,999
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

*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.

Details

Rates

Variable rate

3.18% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.32% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$500,000
Maximum loan amount

$749,999
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.14% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.28% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$750,000
Maximum loan amount

none
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.54% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.68% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$75,000
Maximum loan amount

$499,999
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.49% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.63% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$500,000
Maximum loan amount

$749,999
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.44% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.58% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$750,000
Maximum loan amount

none
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

4.49% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

4.62% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$75,000
Maximum loan amount

$499,999
Minimum LVR

90.00%
Maximum LVR

95.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

4.49% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

4.62% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$500,000
Maximum loan amount

$749,999
Minimum LVR

90.00%
Maximum LVR

95.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

4.49% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

4.62% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$750,000
Maximum loan amount

none
Minimum LVR

90.00%
Maximum LVR

95.00%

Features

Availability

Owner Occupier
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.79% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.93% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$75,000
Maximum loan amount

$499,999
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Owner Occupier
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.74% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.88% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$500,000
Maximum loan amount

$749,999
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Owner Occupier
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.69% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.83% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$750,000
Maximum loan amount

none
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Owner Occupier
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.54% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.68% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$75,000
Maximum loan amount

$499,999
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Investor
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.44% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.58% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$500,000
Maximum loan amount

$749,999
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Investor
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.39% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.53% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$750,000
Maximum loan amount

none
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Investor
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.64% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.78% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$75,000
Maximum loan amount

$499,999
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Investor
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.64% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.78% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$500,000
Maximum loan amount

$749,999
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Investor
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.54% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.68% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$750,000
Maximum loan amount

none
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Investor
Repayment Type

Principal & Interest
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.69% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.83% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$75,000
Maximum loan amount

$499,999
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Investor
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.64% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.78% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$500,000
Maximum loan amount

$749,999
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Investor
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.64% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

3.78% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$750,000
Maximum loan amount

none
Minimum LVR

none
Maximum LVR

80.00%

Features

Availability

Investor
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.99% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

4.13% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$75,000
Maximum loan amount

$499,999
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Investor
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.94% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

4.08% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$500,000
Maximum loan amount

$749,999
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Investor
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Details

Rates

Variable rate

3.89% p.a.
Intro rate

n/a
Intro rate term

n/a
Intro rate type

n/a
Comparison Rate*

4.03% p.a.
Fixed 1 year rate

n/a
Fixed 2 year rate

n/a
Fixed 3 year rate

n/a
Fixed 4 year rate

n/a
Fixed 5 year rate

n/a
Fixed 7 year rate

n/a
Fixed 10 year rate

n/a
Fixed loan revert rate

n/a

Fees

Application fee

$0.00
Legal fee

$0.00
Valuation fee

$0.00
Settlement fee

$150.00
Other upfront fee (% of loan)

n/a
Service fee

$10.00 monthly
Discharge fee

$320.00

Other financial bits

Minimum loan amount

$750,000
Maximum loan amount

none
Minimum LVR

80.00%
Maximum LVR

90.00%

Features

Availability

Investor
Repayment Type

Interest Only
Repayment Frequency

Weekly, Fortnightly, Monthly
Extra repayments

yes - free
Repayment holidays

no
Redraw facility

yes - free
Minimum redraw amount

$100.00
Split account

yes
Offset account

yes
Other restrictions

none
Other benefits

Earn 10,000 Velocity Points for every $100,000 you borrow at the start of your loan, then earn 1,000 Velocity Points every month and 30,000 Velocity Points every 3 years when your loan balance remains above $50,000.
Special offers

none

Customer Reviews

How are Virgin Money home loans rated by the Mozo community?

Overall customer rating

7.4/10

Based on 8 Virgin Money home loan reviews

Price

8.4/10

Features

7.4/10

Customer service

7.3/10

Convenience

6.1/10

Trust

7.1/10

Virgin Money

About Virgin Money

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.

See Virgin Money home loans

Promoted

loans.com.au

Smart Home Loan

interest rate

2.88% p.a. variable

comparison rate*

2.90% p.a.

upfront fees

$520

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UBank

UHomeLoan - Discount Offer

interest rate

2.84% p.a. variable

comparison rate*

2.84% p.a.

upfront fees

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Athena

Variable Home Loan

interest rate

2.84% p.a. variable

comparison rate*

2.80% p.a.

upfront fees

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Tic:Toc

Variable Home Loan

interest rate

2.79% p.a. variable

comparison rate*

2.80% p.a.

upfront fees

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Homestar

Star Essentials Home Loan

interest rate

2.74% p.a. variable

comparison rate*

2.77% p.a.

upfront fees

$596

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Well Home Loans

Well Balanced

interest rate

2.82% p.a. variable

comparison rate*

2.86% p.a.

upfront fees

$785

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Queensland Country Credit Union

RateSaver (Fixed)

interest rate

3.49% p.a.
fixed 3 years

comparison rate*

3.90% p.a.

upfront fees

$500

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IMB Bank

Budget Home Loan

interest rate

3.13% p.a. variable

comparison rate*

3.19% p.a.

upfront fees

$799

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loans.com.au

Smart Home Loan

interest rate

2.88% p.a. variable

comparison rate*

2.90% p.a.

upfront fees

$520

Promoted

UBank

UHomeLoan - Discount Offer

interest rate

2.84% p.a. variable

comparison rate*

2.84% p.a.

upfront fees

Promoted

Athena

Variable Home Loan

interest rate

2.84% p.a. variable

comparison rate*

2.80% p.a.

upfront fees

Promoted

Tic:Toc

Variable Home Loan

interest rate

2.79% p.a. variable

comparison rate*

2.80% p.a.

upfront fees

Promoted

Homestar

Star Essentials Home Loan

interest rate

2.74% p.a. variable

comparison rate*

2.77% p.a.

upfront fees

$596

Promoted

Well Home Loans

Well Balanced

interest rate

2.82% p.a. variable

comparison rate*

2.86% p.a.

upfront fees

$785

Promoted

Easy Street

Standard Variable Home Loan

interest rate

2.95% p.a. variable

comparison rate*

2.99% p.a.

upfront fees

$500

Promoted

CUA

Achieve Variable Home Loan

interest rate

3.20% p.a. variable

comparison rate*

3.25% p.a.

upfront fees

$835

Promoted

UBank

UHomeLoan - Discount Offer

variable rate

2.84% p.a.

comparison rate*

2.84% p.a.

upfront fees

Promoted

loans.com.au

Smart Home Loan

variable rate

2.88% p.a.

comparison rate*

2.90% p.a.

upfront fees

$520

Promoted

Athena

Variable Home Loan

variable rate

2.84% p.a.

comparison rate*

2.80% p.a.

upfront fees

Promoted

Tic:Toc

Variable Home Loan

variable rate

2.79% p.a.

comparison rate*

2.80% p.a.

upfront fees

Promoted

Well Home Loans

Well Balanced

variable rate

2.82% p.a.

comparison rate*

2.86% p.a.

upfront fees

$785

Promoted

Homestar

Star Essentials Home Loan

variable rate

2.74% p.a.

comparison rate*

2.77% p.a.

upfront fees

$596

Promoted

Newcastle Permanent

Real Deal Home Loan

variable rate

3.19% p.a.

comparison rate*

3.23% p.a.

upfront fees

Promoted

CUA

Achieve Variable Home Loan

variable rate

3.20% p.a.

comparison rate*

3.25% p.a.

upfront fees

$835

Promoted

UBank

UHomeLoan (Fixed)

interest rate

2.84% p.a.
fixed 3 years

comparison rate*

3.59% p.a.

Upfront fees

$395

Promoted

loans.com.au

Fixed Home Loan

interest rate

2.99% p.a.
fixed 3 years

comparison rate*

3.27% p.a.

Upfront fees

$520

Promoted

Tic:Toc

Fixed Home Loan

interest rate

2.84% p.a.
fixed 3 years

comparison rate*

2.92% p.a.

Upfront fees

Promoted

Queensland Country Credit Union

RateSaver (Fixed)

interest rate

3.49% p.a.
fixed 3 years

comparison rate*

3.90% p.a.

Upfront fees

$500

Promoted

Well Home Loans

Well Balanced Fixed

interest rate

2.74% p.a.
fixed 3 years

comparison rate*

2.84% p.a.

Upfront fees

$785

Promoted

CUA

Fixed Rate Loan

interest rate

2.98% p.a.
fixed 3 years

comparison rate*

4.29% p.a.

Upfront fees

$835

Promoted

IMB Bank

Fixed Home Loan

interest rate

2.84% p.a.
fixed 3 years

comparison rate*

3.44% p.a.

Upfront fees

$799

Promoted

Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

interest rate

2.89% p.a.
fixed 3 years

comparison rate*

3.96% p.a.

Upfront fees

Promoted

loans.com.au

Smart Home Loan

Rate

2.88% p.a.

Comparison Rate*

2.90% p.a.

Service fee

$0.00

Promoted

UBank

UHomeLoan - Discount Offer

Rate

2.84% p.a.

Comparison Rate*

2.84% p.a.

Service fee

$0.00

Promoted

Athena

Variable Home Loan

Rate

2.84% p.a.

Comparison Rate*

2.80% p.a.

Service fee

$0.00

Promoted

Tic:Toc

Variable Home Loan

Rate

2.79% p.a.

Comparison Rate*

2.80% p.a.

Service fee

$0.00

Promoted

Homestar

Star Essentials Home Loan

Rate

2.74% p.a.

Comparison Rate*

2.77% p.a.

Service fee

$0.00

Promoted

Well Home Loans

Well Balanced

Rate

2.82% p.a.

Comparison Rate*

2.86% p.a.

Service fee

$0.00

Promoted

IMB Bank

Budget Home Loan

Rate

3.13% p.a.

Comparison Rate*

3.19% p.a.

Service fee

$0.00

Promoted

CUA

Achieve Variable Home Loan

Rate

3.20% p.a.

Comparison Rate*

3.25% p.a.

Service fee

$0.00