BankVicOffset Variable Rate Home Loan
Home loans with more than just low rates
At a glance
- Variable (owner occ. P&I)
- 6.39%6.39% comparison
- Features
- offset, redraw, extra repayments
How it compares
This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This home loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.39% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 53rd lowest of 104, level with 6 others |
Rates
The one rate BankVic publishes for this home loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Owner occupied, P&I | - | - | 6.39% | 6.39% | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 13 Oct 2026 | Variable, Owner occupied, P&I | 6.14% | 6.39% | up 0.25 |
Each change is logged the night it appears in the rates BankVic publishes. See how every lender answered the RBA on the rate tracker.
Fees
13 fees published, grouped by when they're charged.
When you take it out6
- MORTGAGE_ESTABLISHMENT_FEE_EXISTING_LOAN
Includes, solicitor s fees, one Torrens title search and mortgage preparation costs. If applicable, the following fees may be summarised and presented as an Establishment Fee
$300 - MORTGAGE_ESTABLISHMENT_FEE
Includes valuation, solicitor s fees, one Torrens title search and mortgage preparation costs. If applicable, the following fees may be summarised and presented as an Establishment Fee
$600 - PRODUCTION_OF_TITLE_FEE
Request to revise Certificate of Title held by BankVic requires consent to mortgage, ownership, including subdivisions, second mortgages, caveats in Victoria only (fee can differ in other states)
$330 - SWITCHING_LOAN_PRODUCTS
Loan switching payable when we agree to your request to change your type of home loan or your interest rate.
$200 - TOP-UP_FEE
Increase in loan amount with no valuation required. This top-up fee is waived when a standard metro valuation is required for an increase in loan amount.
$200 - VALUATION_FEE
Only charged when a standard metro valuation is needed for setup or if additional valuation is required. If applicable, this fee may be summarised and presented as an Establishment Fee
$300
When you make a transaction3
- VALUATION_FEE_-_NON_STANDARD
At Cost Valuation for Non-Standard (e.g. Country, Interstate or High Value)
No fee - FINANCIAL_INSTITUTION_CHEQUENo fee
- REDRAW
Only available with variable rate home loans. Minimum transaction at $50
No fee
When particular things happen4
- DISCHARGE_FEE
Payable upon payout of your loan if you request to discharge the mortgage. Exclusive of government and other charge
$295 - REPRESENTATION_FEE
Attendance at settlement by BankVic or its representative
$99 - SECURITY_SUBSTITUTION_FEE
Exclusive of government and other charges
$400 - TITLE_SEARCH_FEE
Torrens title, where additional searches required
$25
Features
Eligibility and limits
- Minimum age 18
- Residency: Australian citizen
- Employment: PAYG income and be outside any probationary periods of employment
- Amount from $20,000, no maximum
- Member of BankVic
Compare it with others
Put this product through a calculator
Published by BankVic under the Consumer Data Right, last changed by them on 13 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.