100,000 reasons to refinance with this innovative Qantas Money Home Loan

family outside australian home purchased with qantas home loan in plane pose earning frequent flyer points

If you’ve been looking to refinance to a competitive rate with flexible features, Qantas Money’s ground-breaking home loan is here to show you that you can expect more.

With the low overheads and fast turnaround of the new wave of digital lenders, Qantas Money offers a principal & interest home loan variable rate for owner occupiers of 5.78% p.a. (5.84% p.a. comparison rate*). That’s over 1.60% lower than the average home loan rate for the big 4 banks^^.

The real clincher? You’ll also receive 100,000 Qantas Points each year over the life of your loan, up to 30 years (terms and conditions apply). That means that each year you’ll get enough points for a return economy flight for two to Fiji from Sydney, or a return economy flight for a family of 4 between Brisbane to Hamilton Island!

Sweetening the deal, borrowers can also make additional payments to help pay off their home loan faster. If you want to take advantage of an offset account, it’s available for an additional $10 monthly fee.

With so many home loan lenders on the market, it’s important to pick one that works for you. Explore this home loan and some other eye-catching offers below.

More digital home loans to explore

Unloan - Variable Home Loan
  • 5.99% p.a. variable rate (5.90% p.a. comparison rate*)
  • Zero upfront or ongoing fees
  • Refinancers only

Unloan is a leading digital home loan built by CommBank, offering owner-occupiers a low 5.99% p.a. variable rate (5.90% p.a. comparison rate*) along with a loyalty discount that shaves 1 basis point off your interest every year for up to 30 years. Loan features include free extra repayments and redraw, and there are no pesky fees to pay. Available for refinance loans of up to $10M. Minimum 20% deposit. Awarded Best New Home Loan in the 2023 Mozo Experts Choice Awards.^

Up - Variable Home Loan
  • 6.15% p.a. variable rate (6.15% p.a. comparison rate*)
  • No application, monthly, annual, redraw, or discharge fees
  • Free offset accounts available
Find out more

With a competitive variable interest rate of 6.15% p.a. (6.15% p.a. comparison rate*), Up offers users a low-fee home loan, all accessed through their 2023 Mozo Experts Choice Award-winning app. This eye-catching home loan only needs a 10% deposit and offers free unlimited repayments with a redraw facility, and up to 50 offset accounts (T&Cs apply). They’ll also cover the first $400 of your property valuation. Up home loans are only available to owner-occupiers buying or refinancing in major Australian cities. Up is 100% owned by Bendigo Bank.

* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

^^Based on owner occupier home loan rates in the Mozo database, LVR<80%, as at 11 September 2023