Premium Home Package Variable Home Loan ($250k-$750k) (Interest Only)
- Last updated on 13 Aug 2020
based on $300,000 loan amount for 25 years
- 100% full offset account
- Suitable for low deposits
- Parents can sign as guarantor
- Extra repayments + redraw services
- Annual fee charged
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$250k - $750k
Principal & interest
Loan term range
1 - 30 years
100% offset account
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Total estimated upfront fees
Other upfront fee
Minimum SMSF Amount
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
Compare and review home loans with similar features
Variable Home Loan (Interest Only)
specialAdvertised variable rates takes effect for new and existing customers from 30th Sep 2020, however customers applying for a home loan from Wednesday 12th of August will also receive these rates.
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.
You can only check your rates once. However we will send you, via email, the link to the result page so that you may return to it.