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Victoria owner-occupier home loans at 80% LVR, July 2026

Products that accept 80% LVR (20% deposit) in VIC, ranked sharpest-first by comparison rate. no LMI · widest lender panel · sharpest comparison rates.

RBA cash rate 4.35%(effective 17 Jun 2026)|Rates updated |932 products|85+ Australian lenders
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Editor's Pick · Ratesniffers Editorial Team

Top Home Loan Rates in July 2026

Reviewed by the Ratesniffers Editorial Team, July 2026

Top picks for owner-occupier home loans at 80% LVR in Victoria, same 85+-lender panel, ranked sharpest-first (currently 5.89% at low-LVR tiers).

Type
Lender & product
Rate p.a.
Comp. rate p.a.*
Max LVR
Variable rate
Horizon BankFirst Home Buyer Loan
5.89%
5.89%
90%
Fixed rate
Macquarie Bank LimitedMacquarie Offset Home Loan
6.09%
6.13%
80%
Interest only
Horizon BankFirst Home Buyer Loan - Interest Only
6.09%
6.09%
90%
Horizon Bank logo
First Home Buyer Loan
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
5.89%p.a.
58d ago
Comparison*
5.89%p.a.
Monthly repayment
$2,962
LVR 70–90%
More details
Well Money logoOnline
Ultimate
Owner-occupierVariableP&I
Interest
5.94%p.a.
Verify, 80d old
Comparison*
5.98%p.a.
Monthly repayment
$2,978
LVR ≤80%
More details
ME Bank - ME Go logoOnline
ME Bank CompleteME Home Loan
Owner-occupierVariableP&IOffsetRedrawExtra repayments$3,000 cashback
Cashback eligibility
  • Min loan $700,000
  • Max LVR 80%
  • Aggregate split refi loans to meet $700k minimum (same customer, same submission)
  • Mixed refi + purchase apps eligible — one $3k per application
  • Excludes BOQ Group refis + recipients of BOQ refi cashback in last 12 months
  • Offer ends 28 Aug 2026 · lender T&Cs
Interest
5.99%p.a.
Comparison*
6.03%p.a.
Monthly repayment
$2,995
LVR 70–80%
More details
IMB Bank logo
Budget Home Loan
Owner-occupierVariableP&IRedrawExtra repayments$4,000 cashback
Interest
6.04%p.a.
Comparison*
6.08%p.a.
Monthly repayment
$3,011
LVR 71–80%
More details
Firefighters Mutual Bank
Your Way Plus Home Loan
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
6.09%p.a.
Comparison*
6.13%p.a.
Monthly repayment
$3,027
LVR 70–80%
More details
Health Professionals Bank
Your Way Home Loan
Owner-occupierVariableP&IRedrawExtra repayments
Interest
6.09%p.a.
Comparison*
6.13%p.a.
Monthly repayment
$3,027
LVR 70–80%
More details
*Important Information and Comparison Rate Warning

This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.

The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.

80% LVR in VIC

What changes at 80% LVR (20% deposit) in Victoria

At 80% LVR (20% deposit) you sit in the sweet spot of the Australian home-loan market. Lenders Mortgage Insurance doesn't apply, the full 85+-lender panel is available, and refinance cashbacks (where they exist) are gated at ≤80% LVR. The comparison rate you pay buying in VIC at this LVR is essentially the floor, every step up from here is paid for in either an LMI premium or a tighter lender panel.

See also our LMI calculator, borrowing-power calculator, and Victoria owner-occupier home loans for the full panel at any LVR. Verified July 2026.