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The data below are current as of July 4, 2025, which can change at any time.
Bank of Melbourne: Variable Home Loan Rates
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| BANK OF MELBOURNE | Basic variable home loan - Owner Occupier (Principal & Interest repayments) - LVR Up to 70% | 5.79% | 5.80% | $0.00 | Up to 70% | |
| BANK OF MELBOURNE | Basic variable home loan - Owner Occupier (Principal & Interest repayments) - LVR Above 70% up to 80% | 5.89% | 5.90% | $0.00 | 70% up to 80% | |
| BANK OF MELBOURNE | Basic variable home loan - Owner Occupier (Principal & Interest repayments) - LVR Above 80% | 6.19% | 6.20% | $0.00 | Above 80% | |
| BANK OF MELBOURNE | Basic variable home loan - Owner Occupier (Interest Only) - LVR Up to 70% | 6.79% | 6.23% | $0.00 | Up to 70% | |
| BANK OF MELBOURNE | Basic variable home loan - Owner Occupier (Interest Only) - LVR Above 70% up to 80% | 6.89% | 6.33% | $0.00 | 70% up to 80% | |
| BANK OF MELBOURNE | Basic variable home loan - Investor (Principal & Interest repayments) - LVR Up to 70% | 6.04% | 6.05% | $0.00 | Up to 70% | |
| BANK OF MELBOURNE | Basic variable home loan - Investor (Principal & Interest repayments) - LVR Above 70% up to 80% | 6.14% | 6.15% | $0.00 | 70% up to 80% | |
| BANK OF MELBOURNE | Basic variable home loan - Investor (Principal & Interest repayments) - LVR Above 80% | 6.44% | 6.45% | $0.00 | Above 80% | |
| BANK OF MELBOURNE | Basic variable home loan - Investor (Interest Only) - LVR Up to 70% | 6.39% | 6.20% | $0.00 | Up to 70% | |
| BANK OF MELBOURNE | Basic variable home loan - Investor (Interest Only) - LVR Above 70% up to 80% | 6.49% | 6.30% | $0.00 | 70% up to 80% | |
| BANK OF MELBOURNE | Basic variable home loan - Investor (Interest Only) - LVR Above 80% | 6.79% | 6.60% | $0.00 | Above 80% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Owner Occupier Loans (Principal & Interest repayments) - LVR up to 70%) | 5.89% | 6.27% | $600.00 | Up to 70% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Owner Occupier Loans (Principal & Interest repayments) - Above 70% up to 80% | 5.99% | 6.37% | $600.00 | 70% up to 80% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Owner Occupier Loans (Principal & Interest repayments) - LVR Above 80% | 6.29% | 6.67% | $600.00 | Above 80% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Owner Occupier Loans (Interest Only) - LVR up to 70%) | 6.48% | 6.50% | $600.00 | Up to 70% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Owner Occupier Loans (Interest Only) - Above 70% up to 80% | 6.58% | 6.60% | $600.00 | 70% up to 80% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Residential Investment Loans (Principal & Interest repayments) - LVR up to 70%) | 6.09% | 6.47% | $600.00 | Up to 70% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Residential Investment Loans (Principal & Interest repayments) - Above 70% up to 80% | 6.19% | 6.57% | $600.00 | 70% up to 80% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Residential Investment Loans (Principal & Interest repayments) - LVR Above 80% | 6.49% | 6.86% | $600.00 | Above 80% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Residential Investment Loans (Interest Only) - LVR up to 70%) | 6.38% | 6.57% | $600.00 | Up to 70% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Residential Investment Loans (Interest Only) - Above 70% up to 80% | 6.48% | 6.66% | $600.00 | 70% up to 80% | |
| BANK OF MELBOURNE | Variable home loan with offset - New Residential Investment Loans (Interest Only) - LVR Above 80% | 6.78% | 6.96% | $600.00 | Above 80% |
Bank of Melbourne fixed mortgage rates FAQs
What is a Fixed Rate Lock?
How to apply for a Bank of Melbourne home loan
What are the benefits of Bank of Melbourne fixed mortgage rates?
Is it worth breaking a fixed rate mortgage?
