The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $2,000,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest, interest only loan between $150,000 and $2,000,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $2,000,000 with an LVR below 95%
The details shown below are for an investor taking out a principal & interest loan between $50,000 and $2,000,000 with an LVR below 95%
The details shown below are for an investor taking out a interest only loan between $50,000 and $2,000,000 with an LVR below 90%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 90% | $150,000 | $2,000,000 |
| | Investor | Principal & Interest, Interest Only | < 90% | $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 |
Owner Occupier (Principal & Interest)
LVR < 90%
Loan: $150,000 $2,000,000
Investor (Principal & Interest, Interest Only)
LVR < 90%
Loan: $150,000 $2,000,000
Owner Occupier (Principal & Interest)
LVR < 95%
Loan: $50,000 $2,000,000
Investor (Principal & Interest)
LVR < 95%
Loan: $50,000 $2,000,000
Investor (Interest Only)
LVR < 90%
Loan: $50,000 $2,000,000
For many homeowners, fixing their rate is a great way to stay on top of repayments and if this sounds like you, then you might want to know about the 2021 Mozo Expert Choice Award winning QBANK Fixed Rate Home Loan. With this loan, you could snag a discounted 2 year fixed rate of 1.87% (3.52% comparison rate*) if you have an LVR lower than 90% or a fixed 2 year rate of 2.19% (3.58% comparison rate*) if you want borrow up to 95% of the property’s value. Just remember, on all loans with an LVR higher than 80%, you will need to pay Lenders Mortgage Insurance (LMI). The good news is, there’s no application or monthly service fees, meaning you can put every last dollar you saved on fees toward paying off your loan.
These days nearly everyone appreciates flexibility when it comes to their financial products, which is why the QBANK Fixed Rate Home Loan a great pick. If you’ve been struggling to come up with a 20% deposit, you may be in luck, as you’ll be able to borrow with as little as a 5% deposit! However, this does mean you’ll have to pay LMI.
At the moment, QBANK is offering some discounted rates for customers with an LVR lower than 90%:
- 2 year special fixed rate: 1.87% (3.52% comparison rate*)
- 3 year special fixed rate: 1.97% (3.39% comparison rate*)
If you want to borrow more than 90%, the rates are a bit higher, but still sit at a competitive:
- 2 year fixed rate: 2.19% (3.58% comparison rate*)
- 3 year fixed rate: 2.19% (3.45% comparison rate*)
Plus, no matter your LVR, you may also be pleased to know that there are no application or service fees attached to this loan product.
There’s also the option to choose your repayment schedule - either on a weekly, fortnightly or monthly basis, plus you’ll be able to make free extra repayments up to $10,000. And if you ever need the cash back for a sudden expense, there is also a handy redraw facility available.
One thing you will need to keep in mind about the QBANK Fixed Rate Home Loan is that you will need to budget for the $530 discharge and $195 settlement fee. There is also no offset account with this loan.
The QBANK Fixed Rate Home Loan is a great choice for those who aren’t fussed with having extra perks like an offset account and are only after a simple loan with a competitive fixed rate.
While there are no monthly service or application fees, keep in mind that this loan does have a $530 discharge and $195 settlement fee, so you will have to work this cost into your budget.
Another thing to keep in mind is that the QBANK Fixed Rate Home Loan does not come with an offset account.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 1.97% (3.69%*) | |
| 1.87% (3.52%*) | |
| 1.97% (3.39%*) | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 3.84% p.a. |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $195.00 | |
| n/a | |
| $0.00 | |
| $530.00 |
| $150,000 | |
| $2,000,000 | |
| none | |
| 90.00% |
| Weekly, Fortnightly, Monthly | |
| yes - free up to $10,000 p.a, $30,000 in total | |
| 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.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 2.29% (4.08%*) | |
| 2.29% (3.92%*) | |
| 2.29% (3.77%*) | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 4.19% p.a. |
| $700.00 | |
| $0.00 | |
| $0.00 | |
| $195.00 | |
| n/a | |
| $0.00 | |
| $530.00 |
| $150,000 | |
| $2,000,000 | |
| none | |
| 90.00% |
| Weekly, Fortnightly, Monthly | |
| yes - free up to $10,000 p.a, $30,000 in total | |
| 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.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 2.19% (3.71%*) | |
| 2.19% (3.58%*) | |
| 2.19% (3.45%*) | |
| 2.49% (3.42%*) | |
| 2.49% (3.33%*) | |
| n/a | |
| n/a | |
| 3.84% p.a. |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $195.00 | |
| n/a | |
| $0.00 | |
| $530.00 |
| $50,000 | |
| $2,000,000 | |
| none | |
| 95.00% |
| Weekly, Fortnightly, Monthly | |
| yes - free up to $10,000 p.a, $30,000 in total | |
| 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.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 2.54% (4.11%*) | |
| 2.54% (3.96%*) | |
| 2.54% (3.83%*) | |
| 2.84% (3.81%*) | |
| 2.84% (3.72%*) | |
| n/a | |
| n/a | |
| 4.19% p.a. |
| $700.00 | |
| $0.00 | |
| $0.00 | |
| $195.00 | |
| n/a | |
| $0.00 | |
| $530.00 |
| $50,000 | |
| $2,000,000 | |
| none | |
| 95.00% |
| Weekly, Fortnightly, Monthly | |
| yes - free up to $10,000 p.a, $30,000 in total | |
| 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.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 2.64% (4.12%*) | |
| 2.64% (3.98%*) | |
| 2.64% (3.86%*) | |
| 2.84% (3.81%*) | |
| 2.84% (3.72%*) | |
| n/a | |
| n/a | |
| 4.19% p.a. |
| $700.00 | |
| $0.00 | |
| $0.00 | |
| $195.00 | |
| n/a | |
| $0.00 | |
| $530.00 |
| $50,000 | |
| $2,000,000 | |
| none | |
| 90.00% |
| Weekly, Fortnightly, Monthly | |
| yes - free up to $10,000 p.a, $30,000 in total | |
| 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.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a.
2.21% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.09% p.a.
fixed 3 years
3.58% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
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.
