Variable Rate Home Loan (Owner Occupied) (Principal and Interest) (LVR < 90%)
- Last updated on 03 Jun 2020
based on $350,000 loan amount for 25 years
- No ongoing fees
- 100% full offset account
- Extra repayments + redraw services
- Free redraw facility
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$150k - $100m
Principal & interest
Loan term range
1 - 30 years
100% offset account
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
$100 free monthly transaction allowance to use at ATMs and EFTPOS.
Repayment holidays not available on interest only loans
Compare and review home loans with similar features
Qudos Bank is one of Australia’s largest mutual banks with over 96,000 members across Australia and branches in Sydney, Melbourne, Brisbane and Perth. Founded in 1959 as Qantas Credit Union, it has been customer-owned for over 60 years. Offering a full range of products including home loans, personal loans, savings accounts and credit cards, customers benefit from competitive rates and low fees.
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).