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Changes to Bank of Melbourne Variable Home Loan Rates

Effective Friday 30 June 2017, Bank of Melbourne will be adjusting the following variable home loan rates:

  • Owner Occupier^ Principal & Interest Home Loan variable rate decreasing by 0.05%p.a. to 5.20%p.a. (comparison rate 5.37%p.a.*)
  • Owner Occupier^ Interest Only Home Loan variable rate increasing by 0.34%p.a. to 5.79%p.a. (comparison rate 5.95%p.a.*)
  • Residential Investment Interest Only Home Loan variable rate increasing by 0.34%p.a. to 6.32%p.a. (comparison rate 6.48%p.a.*)
  • Portfolio loan variable rate increasing by 0.34%p.a. to 6.44%p.a.

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