Commonwealth Bank Wealth Package Viridian LOC

Commonwealth Bank
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Headline interest rate p.a.
Comparison rate p.a.
Annual fee

Moneybuddy says

Commonwealth Bank's Viridian Line of Credit enables borrowers to use the equity from their home loan to finance those extra things like renovations, bills and so forth. It can even be used to consolidate your debt! The Wealth Package add-on offers clients with even more benefits such as reduced interest rates!

The Basics

Max LVR 90.00%

Interest type Variable rate

Headline interest rate p.a. 6.05%

Comparison rate p.a. 6.41%

Annual fee $395

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable -

Line of credit available Yes

Product suits Owner - Occupier

The Facts & Figures

Introductory rate p.a. -

Introductory term -

Interest rate (p.a.) 1 year 6.05%

Interest rate (p.a.) 2 years 6.05%

Interest rate (p.a.) 3 years 6.05%

Interest rate (p.a.) 4 years 6.05%

Interest rate (p.a.) 5 years 6.05%

Interest rate (p.a.) 7 years 6.05%

Interest rate (p.a.) 10 years 6.05%

Interest rate (p.a.) 15 years 6.05%

Comparison rate (p.a.) 1 year 6.62%

Comparison rate (p.a.) 2 years 7.26%

Comparison rate (p.a.) 3 years 7.26%

Comparison rate (p.a.) 4 years 7.26%

Comparison rate (p.a.) 5 years 7.26%

Comparison rate (p.a.) 7 years 7.26%

Comparison rate (p.a.) 10 years 7.26%

Comparison rate (p.a.) 15 years 7.26%

Minimum loan term -

Maximum loan term -

Min loan amount -

Max loan amount -

Early repayments -

Redraw facility Yes

Repayment holiday No

Ability to split loan -

Extra repayments Yes

Offset account available -

Interest only payments Yes

The ugly stuff: fees

Application fee $0

Valuation fee -

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee -

Settlement fee -

Redraw fee -

Comparison Rate Disclaimer -

All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. MoneyBuddy endeavours to keep product information up to date however we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. We recommend that you check the accuracy of all information provided on this website with the product provider. MoneyBuddy earns a referral fee from redirecting website users to a product provider's website. Further details are provided in relation to specific product information. Website users have no obligation to apply for a product or service that they may be referred to by this website.

Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Commonwealth Bank says

Consolidate your finances with an all-in-one account that puts you in control of your equity. By combining your Home Loan, daily spending and savings, the Viridian Line of Credit enables you to manage your financial affairs, so you can pay your loan off faster.

Key features

  • Lines of credit loan type
  • $0 application fee
  • $350 annual fee
  • Extra repayments permitted
  • Interest only repayments permitted for a period of time
  • Can increase the loan to finance projects or consolidate debts
  • Minimum deposit of 10%


  • Save up to 0.70% off the Viridian Line of Credit interest rate with the Wealth Packaged add-on
  • Redraw facility when you have paid extra payments above regular payments


  • 100% offset account not included
Interested in this home loan?

We can pass your details on directly to a home loan expert from the bank, who will contact you within 24 hours to discuss your situation.


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We've partnered with Tomorrow Finance for home loan data, advice and details. You will be contacted within 24 hours by a home loan expert from the bank to discuss your situation. There is no obligation to complete the home loan. You are simply making an enquiry.

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home > compare home loans > Commonwealth Bank home loans > Wealth Package Viridian LOC