Interest
5.89%p.a.
Updating +25bp · eff 9 Oct
Comparison*
6.26%p.a.
Est. repayment
$2,962
LVR 80 to 95%
Victoria owner-occupier home loans at 95% LVR, October 2026
Products that accept 95% LVR (5% deposit) in VIC, ranked sharpest-first by comparison rate. Home Guarantee Scheme eligible · LMI waived for qualifying buyers.
RBA cash rate 4.60%(effective 30 September 2026)·As at ·5,179 products·50+ Australian lenders
About these dates
Live rates updated 18 October 2026. Verified snapshot dated 8 October 2026 is used only for promoted 80% LVR claims, not as a second table date. Live figures change as lenders publish. The verified snapshot is the dated 80% LVR matrix used for promoted claims.
Sorted by comparison rate27 products shown
Editor's Pick · Ratesniffers Editorial Team
Top Home Loan Rates in October 2026
Reviewed by the Ratesniffers Editorial Team, October 2026
Top picks for owner-occupier home loans at 95% LVR in Victoria, same 50+-lender panel, ranked sharpest-first (currently 5.99% at low-LVR tiers).
Type
Lender & product
Rate p.a.
Comp. rate p.a.*
Max LVR
Variable rate
Newcastle Permanent Building SocietyReal Deal Home Loan Principal and Interest
5.89%
6.26%
95%
Fixed rate
Credit Union SA3-Year Fixed XL Home Loan Package
6.24%
6.56%
97%
Interest
6.49%p.a.
Updating +25bp · eff 8 Oct
Comparison*
6.26%p.a.
Est. repayment
$3,157
LVR ≤95%
Interest
6.49%p.a.
Updating +25bp · eff 8 Oct
Comparison*
6.26%p.a.
Est. repayment
$3,157
LVR ≤95%
Interest
6.49%p.a.
Updating +25bp · eff 8 Oct
Comparison*
6.26%p.a.
Est. repayment
$3,157
LVR ≤95%
Interest
6.14%p.a.
Comparison*
6.51%p.a.
Est. repayment
$3,043
LVR ≤98%
Interest
6.24%p.a.
Comparison*
6.56%p.a.
Est. repayment
$3,075
LVR 80 to 97%
Interest
6.65%p.a.
Updating +25bp · eff 15 Oct
Comparison*
6.65%p.a.
Est. repayment
$3,210
LVR 90 to 95%
Show 17 more products
Interest
6.64%p.a.
Updating +25bp · eff 15 Oct
Comparison*
6.67%p.a.
Est. repayment
$3,207
LVR 90 to 95%
Interest
6.39%p.a.
Updating +25bp · eff 9 Oct
Comparison*
6.75%p.a.
Est. repayment
$3,124
LVR 80 to 95%
Interest
6.64%p.a.
Updating +25bp · eff 9 Oct
Comparison*
6.91%p.a.
Est. repayment
$3,207
LVR 90 to 95%
Bank of Queensland LimitedClear Path Variable Rate Home Loan >90% LVR >$150k Owner Occupied P&I (Existing customers only)
VariableOffsetRedraw
Interest
6.84%p.a.
Updating +25bp · eff 2 Oct
Comparison*
6.94%p.a.
Est. repayment
$3,273
LVR 90 to 95%
Interest
6.74%p.a.
Comparison*
7.01%p.a.
Est. repayment
$3,240
LVR ≤95%
Interest
6.79%p.a.
Updating +25bp · eff 9 Oct
Comparison*
7.15%p.a.
Est. repayment
$3,256
LVR 80 to 95%
Interest
7.19%p.a.
Updating +25bp · eff 7 Oct
Comparison*
7.23%p.a.
Est. repayment
$3,391
LVR 90 to 95%
Interest
7.14%p.a.
Updating +25bp · eff 15 Oct
Comparison*
7.25%p.a.
Est. repayment
$3,374
LVR 90 to 95%
AFG Home Loans AlphaOffset Home Loan 2 Year Fixed 90% - 95% LVR Owner Occupied P&I
2y FixedOffsetRedraw
Interest
6.89%p.a.
Updating +25bp · eff 9 Oct
Comparison*
7.27%p.a.
Est. repayment
$3,290
LVR 90 to 95%
Macquarie Bank LimitedOffset Home Loan Package 3 Year Fixed Owner Occupied P&I 80% - 95% LVR
3y Fixed
Interest
6.94%p.a.
Updating +25bp · eff 15 Oct
Comparison*
7.27%p.a.
Est. repayment
$3,306
LVR 80 to 95%
Auswide Bank LtdPackage Discount Variable (L1) $100k+ 90% - 95% LVR Owner Occupied P&I
VariableOffsetRedraw
Interest
7.14%p.a.
Comparison*
7.49%p.a.
Est. repayment
$3,374
LVR 90 to 95%
*Important Information and Comparison Rate Warning
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.
95% LVR in VIC
What changes at 95% LVR (5% deposit) in Victoria
At 95% LVR (5% deposit) the loan is only available to two categories of buyer: those qualifying under the federal Home Guarantee Scheme (LMI waived by the Government for FHBs + key workers + Regional buyers + single parents within the HGS cap of $950,000 (Melbourne + Geelong) / $650,000 (rest of VIC)), and those paying a full LMI premium (typically $15K–$22K added to the loan on a $500K loan in VIC). For VIC FHBs, the HGS + state FHOG/stamp-duty stack is the cleanest path to 95% LVR ownership without an LMI bill.
See also our LMI calculator, borrowing-power calculator, and Victoria owner-occupier home loans for the full panel at any LVR. Verified September 2026.
Federal scheme · Available nationwide
Australian Government 5% Deposit Scheme, no LMI
Buy a home with as little as a 5% deposit without paying Lenders Mortgage Insurance, the federal government guarantees the rest. Since 1 October 2025 the scheme has unlimited places, no income caps, and significantly higher property caps. The property must be your principal place of residence (no investors).
First home buyers
5% deposit, no LMI
Scheme places
Unlimited, no waiting list
Single parents
2% deposit, no LMI
Source: firsthomebuyers.gov.au · Verified September 2026
Your state, pick to see grants & concessions
State schemes · Victoria
First home buyer benefits in Victoria
First Home Owner Grant (FHOG)
$10,000, Buying or building a new home valued ≤ $750,000 (newly constructed or never-occupied).
Stamp duty concession
Full exemption on homes ≤ $600,000; concessional rates from $600,000 to $750,000.
5% Deposit Scheme property cap
Maximum property price for the federal 5%-deposit scheme in Victoria: $950,000 (Melbourne + Geelong) / $650,000 (rest of VIC).
Source: State Revenue Office Victoria · Verified September 2026. Grant amounts and property caps change, confirm with the linked source before applying.
Want help stacking these schemes for your scenario? Talk to a broker →