Bank of Melbourne Home Loan: Standard Variable Rate Owner Occupied

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Important Information

Not all providers in the market are included in the comparison.

Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.

Please note that due to recent changes by numerous lenders, some rates may be slightly incorrect. We shall have this resolved shortly.

Comparison Rate is based on all fees, charges and interest over the term of a standard loan of $150,000 for 25 year.

Institution: Bank of Melbourne
Loan Type: Variable
Initial Rate: 5.20%
Comparison Rate: 5.37%
Revert Rate: 5.20%
Maximum LVR: 95.00%
Monthly Payment: $894
Total Cost: $122,036
Total Interest: $118,336
Total Fees: $3,700
Upfront Fee: $700
Monthly Fee: $10
Annual Fee: $0
Extra Repayments: Yes
Redraw Facility: Yes
Interest Only Payments: No
Offset Account: Yes
Investment: No
Owner Occupier: Yes