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- Variable Home Loan (Principal and Interest)
Variable Home Loan (Principal and Interest)
- Rewards
- Owner Occupied
- Variable
- 10% min deposit
- P&I
Rewards
100k Qantas Frequent Flyer Points per year for the life of your loan
Interest rate p.a.
6.08%
Comparison rate* p.a.
6.14%
Variable Home Loan (Principal and Interest)
- Rewards
- Owner Occupied
- Variable
- 10% min deposit
- P&I
Interest rate p.a.
6.08%
Comparison rate* p.a.
6.14%
Qantas Money Variable Rate Home Loan overview
For Variable Home Loan (Principal and Interest) (LVR < 90%)
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
90%
Total repayments
Interest rate type
Variable
Borrowing range
$300k - $3m
Suitable for
Owner Occupiers
Loan term range
1 - 30 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Qantas Airways Limited (Qantas Money) to view Target Market Determination.
Features
Extra repayments
Unlimited
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
Pros and Cons
For Variable Home Loan (Principal and Interest)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Extra repayments and redraw facility
- Free redraw facility
Drawbacks
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
