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- Queensland Country Bank
- Home Equity Loan
Home Equity Loan
- Owner Occupied
- Variable
- 10.01% min deposit
- P&I
Interest rate p.a.
8.24%
Comparison rate* p.a.
9.29%
Home Equity Loan
- Owner Occupied
- Variable
- 10.01% min deposit
- P&I
Interest rate p.a.
8.24%
Comparison rate* p.a.
9.29%
Queensland Country Bank Variable Rate Home Loan overview
For Home Equity Loan
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
89.99%
Total repayments
Interest rate type
Variable
Borrowing range
$10k - $5m
Suitable for
Line of Credit, Owner Occupiers
Loan term range
0 - 10 years
Repayment type
Principal and Interest
Applicable states
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Queensland Country Bank Limited 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
Fees
Total estimated upfront fees
$500
Application fee
$250
Legal fee
$250
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$10
Discharge fee
$450
Pros and Cons
For Home Equity Loan
Benefits
- Extra repayments and redraw facility
- Free redraw facility
Drawbacks
- No offset account
- Higher than average interest rate
- Not available for first home buyers
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays