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- Home Access Loan
Home Access Loan
- Owner Occupied
- Variable
- 20% min deposit
- Interest Only
Interest rate p.a.
7.63%
Comparison rate* p.a.
Home Access Loan
- Owner Occupied
- Variable
- 20% min deposit
- Interest Only
Interest rate p.a.
7.63%
Comparison rate* p.a.
Qudos Bank Variable Rate Home Loan overview
For Home Access 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
80%
Total repayments
Interest rate type
Variable
Borrowing range
$0 - $100m
Suitable for
Line of Credit, 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 Qudos Mutual Limited T/A Qudos Bank to view Target Market Determination.
Features
Extra repayments
Not Allowed
Redraw facility
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
$100 free monthly transaction allowance to use at ATMs and EFTPOS.
Fees
Total estimated upfront fees
$600
Application fee
$600
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$275
Other Restrictions
Repayment holidays not available on interest only loans
Pros and Cons
For Home Access Loan
Benefits
- No ongoing fees
Drawbacks
- No extra repayments
- No redraw and no offset
- Higher than average interest rate
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
