Standard Variable Home Loan (Principal and Interest)
- Last updated on 04 Jun 2020
based on $300,000 loan amount for 25 years
- No ongoing fees
- 100% full offset account
- Suitable for low deposits
- Extra repayments + redraw services
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$25k - $5m
Principal & interest
Loan term range
0 - 30 years
100% offset account
Unlimited extra repayments
Redraw fee: $8
Allows split interest
Estimated upfront fees
Minimum SMSF Amount
Loam maintenance fee waived for the life of the loan
Compare and review home loans with similar features
Queensland Country Credit Union (QCCU) is a Queensland-based credit union that was founded in 1971 as the Isa Mine Employees’ Credit Union Limited. Since then, QCCU has grown and expanded its membership, merging with other Queensland-based credit unions such as QCCU Australia and Queenslanders Credit Union.
Like other credit unions, QCCU isn’t beholden to any shareholders, which means profits can be passed back to members through competitive interest rates.
QCCU aims to offer an alternative to the big four banks and provides a range of everyday banking products, insurance, credit cards and home loans.
QCCU Home Loan Calculator
Interested in a QCCU home loan? RateCity has a suite of calculators that can show you what your repayments would be and how QCCU compares to its competitors. Simply plug in your borrowing amount below.
The standard variable rate (SVR) is the interest rate a lender applies to their standard home loan. It is a variable interest rate which is normally used as a benchmark from which they price their other variable rate home loan products.
A standard variable rate home loan typically includes most, if not all the features the lender has on offer, such as an offset account, but it often comes with a higher interest rate attached than their most ‘basic’ product on offer (usually referred to as their basic variable rate mortgage).