BankVic
Home Loan Special Variable Rate
BankVic · residential mortgages
Provider last updated this product 2026-09-02.
Go to provider
You'll complete your application on
BankVic's website. Confirm the rate and fees with them
before applying.
Home loans with more than just low rates
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| VARIABLE | 5.99% | 5.99% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| MORTGAGE_ESTABLISHMENT_FEE | UPFRONT | $600 | 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 |
| MORTGAGE_ESTABLISHMENT_FEE_EXISTING_LOAN | UPFRONT | $300 | 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 |
| SWITCHING_LOAN_PRODUCTS | UPFRONT | $200 | Loan switching payable when we agree to your request to change your type of home loan or your interest rate. |
| PRODUCTION_OF_TITLE_FEE | UPFRONT | $330 | 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) |
| TOP-UP_FEE | UPFRONT | $200 | 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. |
| REPRESENTATION_FEE | EVENT | $99 | Attendance at settlement by BankVic or its representative |
| SECURITY_SUBSTITUTION_FEE | EVENT | $400 | Exclusive of government and other charges |
| DISCHARGE_FEE | EVENT | $295 | Payable upon payout of your loan if you request to discharge the mortgage. Exclusive of government and other charge |
| TITLE_SEARCH_FEE | EVENT | $25 | Torrens title, where additional searches required |
| FINANCIAL_INSTITUTION_CHEQUE | TRANSACTION | $0 | - |
| REDRAW | TRANSACTION | $0 | Only available with variable rate home loans. Minimum transaction at $50 |
| VALUATION_FEE | UPFRONT | $300 | 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 |
| VALUATION_FEE_-_NON_STANDARD | CASH_ADVANCE | $0 | At Cost Valuation for Non-Standard (e.g. Country, Interstate or High Value) |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-08-16 | 2026-09-30 (current) | 5.99% | 5.99% |
Published figures as captured daily since 2026-08-16. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
Who can apply
- employment status - PAYG income and be outside any probationary periods of employment
- residency status - Australian citizen
- otherMember of BankVic
- min age - 18
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-09-02T13:55:03.000+10:00 · Product ID: L6_Special_Variable_Home_Loan_IC88