Virgin Money Standard Variable
-
-
-
Moneybuddy says
The Virgin Standard Variable home loan has a low interest rate with features such as repayment holiday, redraws, interest only payments and a rewards program. No monthly administration fees are charged, and a lower initial upfront fee applies. You can attach an offset account to the loan saving you interest and reducing the loan term.
The Basics
Interest type -
Headline interest rate -
Max LVR -
Annual fee -
The cool stuff: features
Draw down loan progressively No
Insurance details -
Loan is Transferable Yes
Line of credit available No
Product suits Owner - Occupier
The Facts & Figures
Introductory rate -
Introductory term -
Interest rate 1 year -
Interest rate 2 years -
Interest rate 3 years -
Interest rate 4 years -
Interest rate 5 years -
Interest rate 7 years -
Interest rate 10 years -
Interest rate 15 years -
Comparison rate 1 year -
Comparison rate 2 years -
Comparison rate 3 years -
Comparison rate 4 years -
Comparison rate 5 years -
Comparison rate 7 years -
Comparison rate 10 years -
Comparison rate 15 years -
Comparison rate 7.53%
Minimum loan term -
Maximum loan term 30 years
Min loan amount -
Max loan amount $1,000,000
Early repayments No
Redraw facility Yes
Repayment holiday Yes
Ability to split loan Yes
Extra repayments Yes
Offset account available Yes
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 $310
Redraw fee $0
* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.
Pros
- Rewards program
- Repayment holiday
- No monthly fees
- Interest only repayments
Cons
- No progressive drawdown
More from Virgin Money
Question about
home loans?
Get advice now >
Got a question about home loans?
Enter your details below to enquire.My shortlist
You can shortlist products here & email them later.
No products currently shortlisted.












