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Reward Me Variable Rate Home Loan
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2.49
% p.a
Variable
2.42
% p.a
$1,344
based on $300,000 loan amount for 25 years at 2.49%
On this page
2.49
% p.a
Variable
2.42
% p.a
$1,344
based on $300,000 loan amount for 25 years at 2.49%
Calculate your repayments for this loan
Your estimated repayment
$1,344
based on $300,000 loan amount for 25 years at 2.49%
Virgin Money home loans are available through brokers who can help find the right loan and manage your application at no charge.
Vini Paulatti
Get expert advice from a home loans specialist.
Specialized in investment property (residential, commercial, trust and SMSF). Have helped many clients to overcome the borrowing capacity limitation they all face when start building an investment property portfolio. Helped many clients to refinance and reduce their home loan repayments, allowing then to increase their savings to contribute towards the next investment property purchase. Our mission is to simplify the loan process to our clients and at the same time add value to our clients to keep then with us in a long term.
CRN: 527259
Green Home Loan
A lower rate home loan offering with no ongoing fees worth considering for those with eco-friendly housing in mind.
Quick home loan review
For Reward Me Home Loan (Interest Only) ($500k-$750k, LVR 60%-80%)
These are the benefits of this home loan.
- Interest rates ranked in the best 20%
- 100% full offset account
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
These are the drawbacks of this home loan.
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Home loan overview
For Reward Me Home Loan (Interest Only) ($500k-$750k, LVR 60%-80%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 80% | Total Repayments $186,900 |
Interest rate type Variable | |
Borrowing range
$500k
-
$750k
| 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 01 December 2021 and 31 Jan 2022 (inclusive), and have their loan settled by 29 April 2022. 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.
Target Market Determination
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