(as rated by the Mozo community)
| Product | Rate | Fixed Rate (3 year) | Comparison Rate* | Initial Minimum Monthly Repayment | Total Interest & Fees** |
|---|---|---|---|---|---|
| Line of Credit | 7.76% | 7.91% | $2,268 | $384,232 | |
| Standard Variable Rate | 7.51% | 7.66% | $2,219 | $369,523 | |
| Fixed Rate | 7.29% | 7.59% | $2,176 | $366,972 | |
| Line of Credit (Privileges Package) | 7.36% | 7.69% | $2,190 | $366,643 | |
| Fixed Rate (Privileges Package) | 7.29% | 7.60% | $2,176 | $361,164 | |
| Standard Variable Rate (Privileges Package) | 7.26% | 7.59% | $2,170 | $360,831 | |
| Line of Credit (Privileges Package) | 7.21% | 7.54% | $2,161 | $357,934 | |
| Fixed Rate (Privileges Package) | 7.29% | 7.50% | $2,176 | $354,144 | |
| Standard Variable Rate (Privileges Package) | 7.11% | 7.44% | $2,141 | $352,156 | |
| Line of Credit (Privileges Package) | 6.91% | 7.25% | $2,103 | $340,668 | |
| Fixed Rate (Privileges Package) | 7.29% | 7.29% | $2,176 | $340,227 | |
| Economy | 6.93% | 7.09% | $2,107 | $336,033 | |
| Standard Variable Rate (Privileges Package) | 6.81% | 7.15% | $2,084 | $334,959 |
*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for $150,000 over 25 years, and applies only to this example. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
**Total interest and fees over 25 years
Bank of Queensland is Australia’s fastest growing retail bank, and has come a long way from its origins as a regional Queensland bank. BOQ today boasts a wide array of banking services and 200 branches around Australia.
Bank of Queensland aims to give you greater control over the management of your finances and offers everyday banking products including credit cards, home loans, term deposits, savings accounts and bank accounts.
| A Mozo reviewer from Queensland, a Bank of Queensland home loan customer. | 10Overall Rating | ||
| My Bank of Queensland is just down the road. When I have a question I just need to phone and I can speak with the manager straight away. My manager contacted me when he knew that the interest rates were going up so that I could fix my interest rate with was a very low rate. It saved me thousands of dollars. Because the bank is family owned everybody there are very friendly and are always willing to help. I would recommend to everyone. Reviewed about 2 hours ago |
|
| Skye from New South Wales, a Bank of Queensland home loan customer. | 10Overall Rating | ||
| Its great to be able to walk into the bank and be known, its the same staff every week. We deal with the bank manager for almost all transactions, it makes me feel like im MORE than just a number. If you want personal one on one service, from a small branch, then i highly recommend the Bank of Queensland. Reviewed 14 days ago |
|
| A Mozo reviewer from Western Australia, a Bank of Queensland home loan customer. | 7Overall Rating | ||
| I have had great customer service from this bank and find them very easy to communicate with - a rarity in the banks these days. Reviewed 14 days ago |
|
| Leah from Queensland, a Bank of Queensland home loan customer. | 10Overall Rating | ||
| Bank of Queensland send informative letters when necessary but do not bombard you with "junk mail" Having your own bank manager to discuss all problems or concerns with makes our business dealings easier and smoother. Reviewed 14 days ago |
|
| Lyn from Queensland, a Bank of Queensland home loan customer. | 10Overall Rating | ||
| I have nothing but praise for the bank themselves and in particular the service. When consulting them on any bank related matters they 'bend over backwards'. The only thing I find a bit lacking is the lack of branches in rural areas. Reviewed 14 days ago |
|
| Product Type | Overall | Price | Features | Service | Convenience | Trust |
|---|---|---|---|---|---|---|
| Bank of Queensland term deposits | 8.3 34 REVIEWS | 8.2 | 6.6 | 8.3 | 7.8 | 8.4 |
| Bank of Queensland savings accounts | 6.9 233 REVIEWS | 6.3 | 5.5 | 7.3 | 7.0 | 7.1 |
| Bank of Queensland bank accounts | 7.3 143 REVIEWS | 6.6 | 6.3 | 7.7 | 7.4 | 7.4 |
| Bank of Queensland credit cards | 7.0 79 REVIEWS | 5.8 | 5.9 | 7.2 | 7.5 | 7.3 |
| Bank of Queensland home loans | 7.3 116 REVIEWS | 6.8 | 6.4 | 7.8 | 7.5 | 7.3 |
| Bank of Queensland personal loans | 6.0 21 REVIEWS | 6.0 | 5.7 | 7.0 | 6.4 | 6.0 |
With so many different home loans on the market now, it's a tough call to pick the best one. Mozo is Australia's online money info zone, with all the objective information you need to make the right home loan choice. You can find and compare Bank of Queensland home loans with Mozo or check out these other providers.
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