QBANK Classic Home Loan Special Offer (QLD only) (New Customer) (LVR < 80%) | Review & Compare Home Loans

Variable Home Loan - Classic

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Advertised Rate

2.29

% p.a

Variable

Comparison Rate*

2.32

% p.a

Maximum LVR

Less than 80%

Real Time Rating™

Monthly Repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

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Summary
Features & fees
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Latest News

Advertised Rate

2.29

% p.a

Variable

Comparison Rate*

2.32

% p.a

Maximum LVR

Less than 80%

Real Time Rating™

Monthly Repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Calculate your repayments for this loan

Your estimated repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Based on your details, you can compare and save on the following home loans

Monthly Repayment

$1,176

based on $300,000 loan amount for 25 years at 2.44%

Advertised Rate

2.44

% p.a

Variable

Comparison Rate*

2.49

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Redraw facility available
Parents can sign as guarantor

Real Time Rating™

More Features

Monthly Repayment

$1,122

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Variable

Comparison Rate*

2.09

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Parents can sign as guarantor

Real Time Rating™

More Features

Monthly Repayment

$1,199

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Intro 24 months

Comparison Rate*

2.52

% p.a

Cashback

Refinance and get $3,000 cashback for new Owner Occupier and Investment Loans. Terms and Conditions apply.*~ Ends in 13 days

Real Time Rating™

More Features

Quick home loan review

For Classic Home Loan Special Offer (QLD only) (New Customer) (LVR < 80%)

These are the benefits of this home loan.

Interest rates ranked in the best 20%
No ongoing fees
Parents can sign as guarantor
Extra repayments and redraw facility
Free redraw facility
Split account option

These are the drawbacks of this home loan.

No offset account
Higher than average upfront fee
Discharge fee at end of loan
No repayment holidays

Home loan overview

For Classic Home Loan Special Offer (QLD only) (New Customer) (LVR < 80%)

Details
Features
Fees
Application method

Details

Maximum LVR Less than 80%	Total Repayments $394,200 View repayment schedule »
Next LVR 2.59% for max LVR 89.99%	Interest rate type Variable
Borrowing range $150k - $2m Calculate how much you can borrow	Suitable for Owner Occupiers
Loan term range 1 - 30 years	Principal & interest
Interest only	Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make repayments Fortnightly, Monthly, Weekly

Features

Extra repayments Unlimited extra repayments	Offset account No
Redraw facility Redraw fee: $0	Split interest facility
Loan portable	Repayment holiday available
Allow guarantors	Available for first home buyers

Fees

Total estimated upfront fees $195	Application fee $0
Legal fee $0	Valuation fee $0
Settlement fee $195	Other upfront fee $0
Ongoing fee $0	Discharge fee $200

Application method

Online	Phone
Broker	In branch

Specials

Other $700 of establishment costs waived
Applies to owner-occupied loans only. Members will save up to $700 off standard QBANK, valuation, and mortgagee legal fees. Non-standard valuations and mortgages may incur an additional charge. Government charges and a $195 settlement fee still apply ($295 if construction loan).

Other Restrictions

To qualify, the customer must deposit a salary credit of at least $1,500 a month into a QBank transaction account.

Compare and review home loans with similar features

Advertised Rate

2.19

% p.a

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Comparison Rate*

2.08

% p.a

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For a chance to win $100k towards your home loan, simply apply with Athena before Oct 31 & be approved by Dec 15. T&Cs apply.~ Ends in about 1 month

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Advertised Rate

2.34

% p.a

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Comparison Rate*

2.34

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

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Extra repayments and redraw facility
Free redraw facility

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Advertised Rate

2.44

% p.a

Variable

Comparison Rate*

2.49

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Redraw facility available
Parents can sign as guarantor

Real Time Rating™

FAQs

The range you can borrow from this loan is $150k to $2,000,000.

This loan option comes with a maximum loan-to-value ratio of 79.99 percent, which means it requires a minimum deposit of 20.01 percent

QBANK allows you to have this loan for a range of 1 to 30 years.

QBANK allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

While it could change based on your circumstances, RateCity estimates that this loan option comes with $195 worth of upfront fees.

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

To apply for this loan, please contact QBANK.

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