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Premium Home Package Line of Credit ($250k-$750k)

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros:
  • No ongoing fees
  • Parents can sign as guarantor
  • Repayments may decrease if RBA cuts rates
Cons:
  • No extra repayments
  • No redraw and no offset
  • Annual fee charged
  • Discharge fee at end of loan

Details & Fees

Maximum LVR
Maximum LVR
90%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$250k - $750kCalculate how much you can borrow »
Total repayments
Total repayments
$585,144View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Not Allowed
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForLine of Credit, Owner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsMonthly
Estimated upfront fees
Estimated upfront fees
$290
Application fee
Application fee$0
Settlement fee
Settlement fee$0
Valuation fee
Valuation fee
$290
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$375 annually
Discharge fee
Discharge fee$195
Maximum LVR
Maximum LVR
90%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$250k - $750kCalculate how much you can borrow »
Total repayments
Total repayments
$585,144View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Not Allowed
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForLine of Credit, Owner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsMonthly
Estimated upfront fees
Estimated upfront fees
$290
Application fee
Application fee$0
Settlement fee
Settlement fee$0
Valuation fee
Valuation fee
$290
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$375 annually
Discharge fee
Discharge fee$195
Other Benefits
Additional interest on term deposits, up to 10% discount on insurance premiums, annual fee waiver on your Visa Gold credit card, one free financial planning consultation and personal risk assessment

BankVic is a member-owned bank that was founded by police officers in 1974. Today it serves police and emergency service workers as well as health workers and other public servants.

BankVic employs over 130 staff, has over 96,000 members and over $1 billion in assets, with a head office and branches in Melbourne. These branches offer services such as home and personal loans, credit cards, insurance and members can meet with BankVic financial planners for advice on a range of investment topics.

The bank was named the 2013 Money Magazine Credit Union of the Year.

BankVic home loan calculator  

Interested in a BankVic home loan? RateCity has a suite of calculators that can show you what your repayments would be and how BankVic compares to its competitors. Simply plug in your borrowing amount below. 

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