Virgin Money

Virgin Money Australia is passionate about helping Australians realise bigger possibilities through the delivery of beautifully simple and rewarding financial products, all backed by Virgin’s legendary customer service. They reject the notion of complex financial services. Instead, they aim for clarity and simplicity in everything they do.

Virgin Money home loans

Virgin Money Standard Variable Rate (Owner, Principal and Interest)

Virgin Money Standard Variable Rate (Owner, Principal and Interest)

Interest rate (p.a.)

4.12%

Comp rate^ (p.a.)

4.28%

Max LVR

90.00%

Application fee

$300.00

Monthly repayment

$2,179.62

Total repayment

$784,663.20

Highlights

  • Split your borrowings and lock in a portion of your loan with a fixed rate to get repayment certainty over a fixed period.
  • Rate discounts based on LVR and loans size for loans with an LVR of 90% or under.
Virgin Money Standard Variable Rate (Owner, Interest Only)

Virgin Money Standard Variable Rate (Owner, Interest Only)

Interest rate (p.a.)

4.32%

Comp rate^ (p.a.)

4.36%

Max LVR

80.00%

Application fee

$300.00

Monthly repayment

$2,232.21

Total repayment

$803,595.60

Highlights

  • Split your borrowings and lock in a portion of your loan with a fixed rate to get repayment certainty over a fixed period.
  • Rate discounts based on LVR and loans size for loans with an LVR of 90% or under.
Virgin Money Standard Variable Rate (Investor, Principal and Interest)

Virgin Money Standard Variable Rate (Investor, Principal and Interest)

Interest rate (p.a.)

4.34%

Comp rate^ (p.a.)

4.49%

Max LVR

90.00%

Application fee

$300.00

Monthly repayment

$2,237.50

Total repayment

$805,500.00

Highlights

  • Split your borrowings and lock in a portion of your loan with a fixed rate to get repayment certainty over a fixed period.
  • Rate discounts based on LVR and loans size for loans with an LVR of 90% or under.
Virgin Money Standard Variable Rate (Investor, Interest Only)

Virgin Money Standard Variable Rate (Investor, Interest Only)

Interest rate (p.a.)

4.54%

Comp rate^ (p.a.)

4.58%

Max LVR

90.00%

Application fee

$300.00

Monthly repayment

$2,290.79

Total repayment

$824,684.40

Highlights

  • Split your borrowings and lock in a portion of your loan with a fixed rate to get repayment certainty over a fixed period.
  • Rate discounts based on LVR and loans size for loans with an LVR of 90% or under.

Q&As

Isn’t Virgin an airline?

Yes, but Richard Branson is a busy guy who likes to start companies, hence Virgin Money.

In 2008, the five-year agreement came to an end and the Virgin Credit Card was withdrawn from the Australian market, although Virgin Money continued to operate a number of financial services in Australia. In 2010, Virgin relaunched a new selection of credit cards offering a very attractive mixture of no fees, low rates and beneficial reward programs.