BankVic

Base variable rate

Save more with our simple low-cost home loan, offering a low variable rate and no account-keeping fees. Minimum loan amount $120,000.

Overview

Benefits

You can enjoy the following benefits:

  • no account-keeping, management or annual fees
  • free redraw (minimum $50)
  • no penalty fees for early or additional repayments
  • flexible repayment options – weekly, fortnightly or monthly
  • interest calculated daily and debited monthly in arrears
  • pre-approval certificate (valid for three months)
  • no-obligation quotes for pay-by-the-month insurance (with an option of 90 days free building insurance cover during settlement period).

Eligibility

To be eligible, you must:

  • be a BankVic member
  • be 18 years and over and
  • meet our lending assessment.

Features

Features of our base variable rate home loan include:

Rates & fees

Rates

 Rate paComparison rate pa
Owner-occupied1
3.99%4.03%
Investment2
4.49%4.53%

1 Base variable rate effective 14 Nov 2016. Minimum loan amount $120,000.
2 Base variable rate effective 19 Apr 2017. 

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate for our home loan is based on a on a new loan for a property purchase secured by a freehold property located within the metropolitan area and associated costs. The rate has been calculated on a loan amount of $150,000 over a term of 25 years.

Key facts sheet

You can also request a home loan key facts sheet which will highlight important information such as the total amount that you need to repay over the life of your loan.

Fees & charges

Refer to Fees & Charges (PDF) for information on current fees & charges.

 

Apply now

4 easy ways to apply

Before you apply...

We recommend that you read our Credit Guide (PDF).

Any advice has been prepared without taking account of your objectives, financial situation or needs. Before acting on the advice you should consider whether the advice is appropriate for you. Before you make any decision to acquire any product or service you should obtain and consider the relevant Product Disclosure Statement available on our website, at a branch or by calling 13 63 73. As an AFSL holder, BankVic sells general insurance products under an agreement with CGU Insurance Limited ABN 27 004 478 371 AFSL 238291. Terms, conditions, limits and exclusions apply. If you purchase insurance we will receive a commission that is a percentage of the premium. Fees and charges apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.

BSB: 704-230

Police Financial Services Limited - ABN 33 087 651 661
AFSL 240293 Australian Credit Licence 240293
General Enquiries 13 63 73
Copyright 2017