Choose the version of this loan that suits you best
Availability | Loan type | LVR | Min loan amount | Max loan amount | |
---|---|---|---|---|---|
|
Owner Occupier | Principal & Interest | < 60% | $150,000 | $2,000,000 |
|
Owner Occupier | Principal & Interest | < 70% | $150,000 | $2,000,000 |
|
Owner Occupier | Principal & Interest | < 90% | $150,000 | $2,000,000 |
|
Owner Occupier | Principal & Interest | < 80% | $150,000 | $2,000,000 |
|
Owner Occupier | Principal & Interest | < 95% | $150,000 | $2,000,000 |
|
Investor | Principal & Interest | < 60% | $150,000 | $2,000,000 |
|
Investor | Principal & Interest | < 70% | $150,000 | $2,000,000 |
|
Investor | Principal & Interest | < 80% | $150,000 | $2,000,000 |
|
Investor | Principal & Interest, Interest Only | < 90% | $150,000 | $2,000,000 |
|
Investor | Principal & Interest | 90%-95% | $150,000 | $2,000,000 |
|
Owner Occupier | Principal & Interest | < 95% | $50,000 | $2,000,000 |
|
Investor | Principal & Interest | < 95% | $50,000 | $2,000,000 |
|
Investor | Interest Only | < 90% | $50,000 | $2,000,000 |
They say nothing beats the classics and if you’re living in Queensland, you might want to check out the QBANK Classic Home Loan. With this loan, you’ll be able to borrow up to 60% of the property’s value with variable rates starting at 6.09% p.a. (6.11% p.a. comparison rate*). There’s no application, settlement or monthly service fee, plus you’ll have the added option to split your loan (for a $100 split loan fee).
Whether you work in the Police, Ambulance or Fire services in Queensland, the QBANK Classic Home Loan might be just what you’re looking for. Featuring variable rates from 6.09% p.a. (6.11% p.a. comparison rate*), the QBANK Classic Home Loan allows borrowers to apply with a 10% deposit, however this does mean you’ll need to pay Lenders Mortgage Insurance (LMI). The QBANK Classic Home Loan also comes with investor rates, starting from 6.44% p.a. (6.51% p.a. comparison rate*).
There’s no application, settlement or service fees as well as no legal or valuation fee, so you can focus on paying back your loan. But you will need to budget for the $530 discharge and $195 settlement fee. While there’s no offset account attached to this loan, you will have the option to make free extra repayments, helping you cut down on interest as well as a free redraw facility.
And with the QBANK Classic Home Loan, you’ll be able to split your loan if you choose, giving you more flexibility with your interest rate - but you will have to pay a $100 split loan fee to do so.
If you’re a Queenslander who works for or has worked for QBANK’s eligible Police, Fire and Ambulance services, then the QBANK Classic Home Loan could be the right choice for you.
While the QBANK Classic Home Loan promises no application or service fees, keep in mind that you will need to factor in the $530 discharge and $195 settlement fee. This loan also does not come with an offset account or allow you to take repayment holidays.
6.09% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.11% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
60.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
6.14% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.16% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
70.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
6.69% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.71% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
90.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
6.24% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.26% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
80.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
7.09% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
7.11% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
95.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
6.44% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.51% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$700.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
60.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
6.49% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.56% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$700.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
70.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
6.59% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.66% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$700.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
80.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
7.04% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
7.11% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$700.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
none |
|
90.00% |
Investor |
|
Principal & Interest, Interest Only |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
7.44% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
7.51% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$700.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$150,000 |
|
$2,000,000 |
|
90.00% |
|
95.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee. To be eligible for the Special Offer Discount Rates, a salary credit of at least $1,500 per month must be deposited into QBANK transaction account. |
|
none |
|
none |
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.
8.09% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.11% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$50,000 |
|
$2,000,000 |
|
none |
|
95.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee |
|
none |
|
none |
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.
8.44% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.52% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$700.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$50,000 |
|
$2,000,000 |
|
none |
|
95.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee |
|
none |
|
none |
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.
8.44% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.52% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$700.00 |
|
$0.00 |
|
$0.00 |
|
$195.00 |
|
n/a |
|
$0.00 |
|
$530.00 |
$50,000 |
|
$2,000,000 |
|
none |
|
90.00% |
Investor |
|
Interest Only |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
no |
|
yes - free |
|
$0.00 |
|
yes |
|
no |
|
$100 Split loan fee |
|
none |
|
none |
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.
Excellent interest rates and limited fees. The staff have always been so friendly and super helpful whenever I contact them. Easy to use app for online banking. So happy that I changed my banking over to QBank.
Read full reviewExcellent interest rates and limited fees. The staff have always been so friendly and super helpful whenever I contact them. Easy to use app for online banking. So happy that I changed my banking over to QBank.
I left one of the 5 big banks as they couldn't match the service and home loan rates of QPCU. Plus the staff treat you like a real person not just a number. The bank the staff ring me and ask if I need help or advice on my banking and they are so incredible. The help I got re my insurance policies was the best.
Read full reviewI left one of the 5 big banks as they couldn't match the service and home loan rates of QPCU. Plus the staff treat you like a real person not just a number. The bank the staff ring me and ask if I need help or advice on my banking and they are so incredible. The help I got re my insurance policies was the best.
They are very helpful and have competitive rates.
Read full reviewThey are very helpful and have competitive rates.
So easy to deal with even though it's all over the phone. Great rate, always cut when RBA cuts.
Read full reviewSo easy to deal with even though it's all over the phone. Great rate, always cut when RBA cuts.
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Mortgage Simplifier
6.14% p.a. variable
6.17% p.a.
Flex Home Loan
6.24% p.a. variable
6.48% p.a.
Elevate
6.09% p.a. variable
6.20% p.a.
SMSF Home Loan (Variable)
6.99% p.a. variable
7.00% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
Flex Home Loan Fixed
5.99% p.a.
fixed 3 years
6.41% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
First Home Buyer Loan
5.90% p.a.
5.93% p.a.
$0.00
Basic Variable Home Loan
5.94% p.a.
5.99% p.a.
$0.00
First Home Buyer Advantage Plus Home Loan
5.99% p.a.
6.76% p.a.
$0.00
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.