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Low rate,
no account-keeping fees

An investment loan with a low introductory variable rate and no account-keeping fees.

2.35

%p.a

Variable rate

3.13

%p.a

Comparison rate

Terms and conditions apply - see here

Compare

Compare our
investment property loans

Loans to suit your investment property needs

For a 30 year loan term

Rates & fees

Read about our rates & fees

  • 2 Year Introductory Rate
    Base Rate (% PA)
    Comparison Rate (% PA)
    2 year introductory variable rate (P&I)
    2.35%
    3.13%
    2 year introductory variable rate (IO)
    2.45%
    2.63%
    1. (1) This investor variable rate home loan offer is for new borrowings and refinances from other financial institutions outside of BankVic with a minimum loan amount of $200,000. Upon expiry of the 2 year introductory rate, the interest rate will revert to our Investor Base Variable rate applicable at that time. Borrow up to 80% of the property value. This offer is available from 28 September 2021.

    Base Variable
    Base Rate (% PA)
    Comparison Rate (% PA)
    Variable rate (P&I)
    3.24%
    3.29%
    1. (1) This investor variable rate is available for new borrowings, refinances and top-ups. Minimum loan amount of $120,000. Borrow up to 80% of the property value. Offset account not available.

    Fixed Rate
    Base rate (% PA)
    Comparison rate (% PA)
    Investor - 1 year fixed rate (P&I)
    2.54%
    4.49%
    Investor - 2 year fixed rate (P&I)
    2.54%
    4.30%
    Investor - 3 year fixed rate (P&I)
    2.64%
    4.16%
    Investor - 4 year fixed rate (P&I)
    3.04%
    4.15%
    Investor - 5 year fixed rate (P&I)
    3.04%
    4.04%
    Investor - 1 year fixed rate (IO)
    2.89%
    4.52%
    Investor - 2 year fixed rate (IO)
    2.89%
    4.37%
    Investor - 3 year fixed rate (IO)
    2.99%
    4.25%
    Investor - 4 year fixed rate (IO)
    3.34%
    4.25%
    Investor - 5 year fixed rate (IO)
    3.34%
    4.15%
    1. (1) Fixed rates apply for investment loans with principal and interest repayments, at the end of the Fixed Rate period the interest rate will revert to our standard variable rate applicable at that time. The minimum loan amount is $50,000. Borrow up to 80% of the property value. You can make up to $10,000 pa in additional payments without incurring any penalty cost, any amounts exceeding $10,000 may incur a break cost. Please see the fees and charges guide for more information.

    Standard Variable
    Base rate (% PA)
    Comparison rate (% PA)
    Variable rate (P&I)
    4.64%
    4.69%
    1. (1) This investor variable rate is available for new borrowings, refinances and top-ups. Minimum loan amount of $20,000. Borrow up to 80% of the property value.

    Offset Variable Loan
    Base rate (% PA)
    Comparison rate (% PA)
    Variable rate (P&I)
    4.69%
    4.74%
    Line of Credit
    Base rate (% PA)
    Line of credit
    4.64%
    Base Variable (No longer available)
    Base Rate (% PA)
    Comparison Rate (% PA)
    Variable rate special (P&I) (1)
    2.99%
    3.04%
    Variable rate (IO)
    3.49%
    4.01%
    1. (1) This variable investor rate is for new borrowings and refinances from other financial institutions outside of BankVic. Minimum loan amount of $200,000. Borrow up to 80% of the property value. Offset account not available. BankVic may vary or end the offer at any time without notice.

  • New home loan fees
    Fee Types
    Fees
    Establishment fee - valuation required
    $600
    Establishment fee - no valuation required
    $300
    Additional title search fees
    Up to $25 per search
    Existing home loan fees
    Fee Types
    Fees
    Establishment fee - valuation required
    $330
    Establishment fee - no valuation required
    $220
    Production of title (held by BankVic)
    $330
    Switching loan product when changing type of interest rate
    $200
    Security substitution & loan portability
    $400
    Home valuation fees
    Fee Types
    Fees
    Property Valuation Fee - Metropolitan
    $290
    Property Valuation Fee - Country
    $330
    Property inspection fee - Metropolitan
    $137.50
    Property inspection fee - Country
    $155
    Home settlement fees
    Fee Types
    Fees
    Administration fee upon discharge
    $295 per lodgement
    BankVic attendance at settlement
    $99
    Transfer fee via RTGS
    $15
    Fixed rate loans
    Fee Types
    Fees
    Fixed loan break costs may be payable (1)
    .
    • (1) Break costs are an amount equal to our reasonable estimate of our loss as a result of you breaking the fixed interest period. If during a fixed interest period you repay the loan or change from a fixed interest rate loan to a variable interest rate loan or change from one fixed interest loan to another or pay more than $10,000 of the money owing before it is due in a calendar year, then Break Costs may be applied. Refer to the terms of your Loan Contract for full terms and conditions and calculation details.

WARNING: This comparison rate is 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. Comparison rate for our home loan is based on a on a new loan for a property purchase secured by a freehold property located within the metropolitan area and associated costs. The rate has been calculated on a loan amount of $150,000 over a term of 25 years.

What to expect

Here with you at every step

We're here to make getting as home loan easy. Here's what you can expect
Here with you at every step
  1. Start your application

    1. Start your application

    Apply online, in branch, over the phone or with one of our mobile bankers to get your home loan journey underway.

  2. Review your application

    2. Review your application

    Once we have received your application, one of our lending consultants will be in contact to review your application with you and let you know if any additional information is required to help with our assessment.

  3. Conditional Assessment

    3. Conditional Assessment

    When we have received all the required information, we will assess your application and if all is in order, provide you with conditional approval.

  4. Unconditional Approval

    4. Unconditional Approval

    Together we’ll make sure everything is finalised and verified, you will then receive a loan offer and contract to sign.

  5. Settlement

    5. Settlement

    When we have received your signed loan documents, a settlement date will be confirmed and on the agreed date, we will draw down funds to pay for your property or pay out your old loan.

WAYS TO APPLY

We're here to help
at every step

Terms and conditions

Important things you should know

Information on this page is general in nature and does not take into account your personal circumstances. You should consider whether it is appropriate for you before acquiring the product or service.

Fees and charges may apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.

We recommend that you read the following documents: