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  4. Fixed Home Loan 2 Years (Interest Only) (LVR < 90%)

Fixed Home Loan (Interest Only)

  • Rewards
  • Owner Occupied
  • Fixed 2 years
  • 10% min deposit
  • Interest Only
Rewards

100k Qantas Frequent Flyer Points per year for the life of your loan

Interest rate p.a.

6.39%

Comparison rate* p.a.

6.20%

Fixed Home Loan (Interest Only)

  • Rewards
  • Owner Occupied
  • Fixed 2 years
  • 10% min deposit
  • Interest Only

Interest rate p.a.

6.39%

Comparison rate* p.a.

6.20%

Calculate your repayments for this loan

$

Your estimated repayment

$2,663

based on 500000 loan amount for 25 years at 6.39%

Monthly Repayment

$2,663

Total interest

$1,028,500

Total payments

$1,028,500

Start date

05-2024

End date

05-2049

$1,028,500
025 years
Principal owed
Total repayments owed
Interest owed

Pros and Cons

For Fixed Home Loan (Interest Only)

Benefits

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Extra repayments and redraw facility
  • Free redraw facility

Drawbacks

  • Limited extra repayments
  • No offset account
  • Loan reverts to higher rate after fixed period
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Qantas Money Fixed - 2 years Rate Home Loan overview

For Fixed Home Loan 2 Years (Interest Only) (LVR < 90%)

Details

Maximum LVR

90%

Total repayments
Interest rate type

Fixed - 2 years

Borrowing range

$300k - $3m

Suitable for

Owner Occupiers

Loan term range

1 - 30 years

Repayment type

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Repayment options

Monthly

Target Market Determination

Visit Qantas Airways Limited (Qantas Money) to view Target Market Determination.

Features

Extra repayments

Allowed with restrictions

Redraw facility

Redraw fee: $0

Offset account

Split interest facility

Loan portability

Repayment holiday available

Allow guarantors

Available for first home buyers

Other benefits

Optional offset available for $10 per month

Fees

Total estimated upfront fees

$840

Application fee

$345

Legal fee

$0

Valuation fee

$0

Settlement fee

$345

Other upfront fee

$150

Ongoing fee

$0

Discharge fee

$325

Home loans

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