Virgin Money Lite Home Loan
Virgin Money Lite Home Loan
- From (owner occupied)
- 5.84%
- 5.86% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable VARIABLE Rate, Owner Occupied, Principal and Interest, VARIABLE - LVR 0% to 60% - Balance >=$150k | 5.84% | 5.86% | LVR ≤60%Balance $150,000+ |
| Variable VARIABLE Rate, Owner Occupied, Principal and Interest, VARIABLE - LVR 60% to 70% - Balance >=$150k | 5.84% | 5.86% | Balance $150,000+LVR 60.01–70% |
| Variable VARIABLE Rate, Owner Occupied, Principal and Interest, VARIABLE - LVR 70% to 80% - Balance >=$150k | 5.84% | 5.86% | Balance $150,000+LVR 70.01–80% |
| Variable VARIABLE Rate, Owner Occupied, Principal and Interest, VARIABLE - LVR 80% to 90% - Balance >=$150k | 6.34% | 6.36% | LVR 80.01–90%Balance $150,000+ |
Fees
| Fee | Type | Amount |
|---|---|---|
| Valuation Fee (for post-settlement variations) At cost for valuations costs in excess of $300 | Event | $300.00 |
| Paper Statement Fee Charged every 6 months · $4 every 6 months & for copies / interim statements | Ongoing | $4.00 |
| Valuation Fee (for new applications) At cost for valuations costs in excess of $300 | Event | $300.00 |
| Settlement Fee Payable for completing settlement of your loans | Upfront | $150.00 |
| Vouchers and other records for searching - Privacy Act each hour (GST inclusive) Privacy Act - access request | Event | $66.00 |
| Top up Fee Payable when you apply to top up your loan (6 months or more after settlement) and we agree to increase | Variation | $150.00 |
| Security Release Fee Payable when we agree (at your request) to discharge a security. |
Features
- Extra repayments
- Unlimited additional payments for variable loans and up to $10k additional repayments for Fixed home loans
- Split home loans
- Interest Only and P&I repayment options
- Digital banking
- A digital experience through a mobile app
- Redraw facility
- Redraw of repaid principal above minimum required is available on variable rate loans
- Up to 95% LVR (including LMI) for P&I loans
- Weekly, Fortnightly frequencies for all P&I loans. Monthly repayment frequency only for IO loans.
Eligibility
- Residency status — Resident or CitizenBe an Australian citizen or permanent resident or resident for tax purposes with an Australian residential address.
- Individuals onlyBe applying in personal name(s) with acceptable credit history – not as a company or a trust.
- Minimum age — 18 yearsBe aged 18 years or older.
- Looking to purchase a home or have an existing home loan with a residential property in Australia.
- Cross-Collateralisation is not supported. We can only accept single security applications.
- Earn a regular PAYG income (for example self-employed applicants are excluded and cannot earn a foreign income for tax purposes).
Constraints
- Minimum LVR — 0%Minimum LVR
- Maximum LVR — 100%Maximum LVR
More Information
Published by Virgin Money under the Consumer Data Right · Last updated 7 June 2026 · Product ID 5bc12280-2272-ee11-8179-6045bd3d38f0 · View on CDR.gov.au · View Source Data (JSON)