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Reward Me Variable Rate Home Loan
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4.62
% p.a
Variable
4.77
% p.a
$1,688
based on $300,000 loan amount for 25 years at 4.62%
On this page
4.62
% p.a
Variable
4.77
% p.a
$1,688
based on $300,000 loan amount for 25 years at 4.62%
Calculate your repayments for this loan
Your estimated repayment
$1,688
based on $300,000 loan amount for 25 years at 4.62%
Virgin Money home loans are available through brokers who can help find the right loan and manage your application at no charge.
Tedjo Hadiwidjojo
Get expert advice from a home loans specialist.
An experienced mortgage broker with over 15 years in the finance industry, dedicating to finding the right loan product from a wide range of lenders to meet your lending requirement. I pride myself to provide Speed, Convenience and adding Value to my clients. Buying property whether it’s your home or investment comes with complex choices and can be daunting. There are a lot of variables to consider when choosing the right loans. With my experience as a mortgage broker and an investor myself, I will recommend you the best lender and guide you through the process to get you the best possible loan option and lending rates.
Response time: in 35 minutes | Our brokers call during business hours between 9.00am to 6.00pm.
Daniel Tetlaw
Get expert advice from a home loans specialist.
I enjoy working with clients to understand their goals and deliver great outcomes for their unique situations. This requires flexibility, dotting every ‘i’, crossing every ‘t’, and striving to over deliver on my clients’ needs and expectations.
Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.
$1,199
based on $300,000 loan amount for 25 years at 2.09%
Quick home loan review
For Reward Me Home Loan (Principal and Interest) ($750k+, LVR 90%-95%)
These are the benefits of this home loan.
- 100% full offset account
- Suitable for low deposits
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
These are the drawbacks of this home loan.
- Higher than average interest rate
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Home loan overview
For Reward Me Home Loan (Principal and Interest) ($750k+, LVR 90%-95%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 95% | Total Repayments $506,400 |
Interest rate type Variable | |
Borrowing range
$750k
-
$100m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Principal & interest |
Interest only | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Features
Extra repayments Unlimited extra repayments | Offset account 100% offset account |
Redraw facility Redraw fee: $0 | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Fees
Total estimated upfront fees 450 | Application fee 300 |
Legal fee $0 | Valuation fee $0 |
Settlement fee 150 | Other upfront fee 0 |
Ongoing fee $10 monthly | Discharge fee 350 |
Application method
Online | Phone |
Broker | In branch |
- Cashback $3000 cashback when you refinance.For all new refinance applications received between 27 February 2021 and 28 May 2021 (inclusive), and have their loan settled by 27 August 2021. Minimum loan amount $300,000 and up to 80% loan-to-value ratio. You will need to open a Reward Me Home Loan Companion account alongside your loan, where the $3,000 cashback payment will be credited within 60 days of settlement.
Other Benefits
Velocity Points at Settlement, Monthly and every 3 years
Other Restrictions
PAYG customers only
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