Rates and fees verified as correct at 05 August, 2021. Other information correct at the time of writing. Advertiser disclosure.
Choose from 1 to 5 year fixed term options with Qudos Bank's Fixed Rate Home Loan product for investors and owner occupiers. With this home loan you can borrow amounts starting from $150,000, up to 90% of the property's value. The best news is that, aside from the competitive rates, there are very few fees involved. On the flip side (like most fixed rate loans) the features it comes equipped with are limited, though it does offer borrowers the opportunity to make up to $10,000 in fee-free extra repayments towards their loan balance each year, as well as the option to split between fixed and variable rates.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 2.79% p.a. | 2.80% p.a. | $0.00 | $0 | ||
| 2.59% p.a. | 2.75% p.a. | $0.00 | $0 | ||
| 2.19% p.a. | 2.65% p.a. | $0.00 | $0 | ||
| 1.99% p.a. | 2.59% p.a. | $0.00 | $0 | ||
| 2.79% p.a. | 3.13% p.a. | $0.00 | $0 | ||
| 2.59% p.a. | 3.08% p.a. | $0.00 | $0 | ||
| 2.59% p.a. | 3.08% p.a. | $0.00 | $0 | ||
| 2.39% p.a. | 3.03% p.a. | $0.00 | $0 |
If you’re after a few more flexible features, take a look at the Qudos Bank variable rate home loan options on offer: the Low Cost Home Loan, No Frills Home Loan, Qantas Points Home Loan or Variable Rate Home Loan. Each loan is available to both owner occupiers and investors, but each has a different mix of features, fees and rates depending on your needs. Some of the features include free extra repayments and redraws, the use of multiple free offset accounts and even the ability to earn yourself Qantas Points over the life of the mortgage. For more details on each product though, check out the linked reviews below.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 3.54% p.a. | 2.95% p.a. | $0.00 | $0 | ||
| 3.34% p.a. | 2.87% p.a. | $0.00 | $0 | ||
| 2.79% p.a. | 2.79% p.a. | $0.00 | $0 | ||
| 2.59% p.a. | 2.59% p.a. | $0.00 | $0 | ||
| 3.14% p.a. | 2.73% p.a. | $0.00 | $0 | ||
| 2.44% p.a. | 2.44% p.a. | $0.00 | $0 | ||
| 3.64% p.a. | 3.05% p.a. | $0.00 | $0 | ||
| 3.44% p.a. | 2.97% p.a. | $0.00 | $0 | ||
| 2.89% p.a. | 2.89% p.a. | $0.00 | $0 | ||
| 2.69% p.a. | 2.69% p.a. | $0.00 | $0 | ||
| 4.14% p.a. | 4.18% p.a. | $0.00 | $600 | ||
| 4.24% p.a. | 4.28% p.a. | $0.00 | $600 | ||
| 3.94% p.a. | 3.57% p.a. | $0.00 | $600 | ||
| 3.39% p.a. | 3.43% p.a. | $0.00 | $600 | ||
| 3.49% p.a. | 3.53% p.a. | $0.00 | $600 | ||
| 3.19% p.a. | 3.23% p.a. | $0.00 | $600 | ||
| 3.54% p.a. | 3.23% p.a. | $0.00 | $0 | ||
| 3.34% p.a. | 3.15% p.a. | $0.00 | $0 | ||
| 3.24% p.a. | 3.24% p.a. | $0.00 | $0 | ||
| 3.04% p.a. | 3.04% p.a. | $0.00 | $0 | ||
| 3.14% p.a. | 2.95% p.a. | $0.00 | $0 | ||
| 2.84% p.a. | 2.84% p.a. | $0.00 | $0 | ||
| 3.64% p.a. | 3.33% p.a. | $0.00 | $0 | ||
| 3.44% p.a. | 3.25% p.a. | $0.00 | $0 | ||
| 3.34% p.a. | 3.34% p.a. | $0.00 | $0 | ||
| 3.14% p.a. | 3.14% p.a. | $0.00 | $0 | ||
| 4.14% p.a. | 4.18% p.a. | $0.00 | $600 | ||
| 4.24% p.a. | 4.28% p.a. | $0.00 | $600 | ||
| 3.94% p.a. | 3.79% p.a. | $0.00 | $600 | ||
| 3.84% p.a. | 3.88% p.a. | $0.00 | $600 | ||
| 3.94% p.a. | 3.98% p.a. | $0.00 | $600 | ||
| 3.64% p.a. | 3.68% p.a. | $0.00 | $600 |
If you’re borrowing more than $150,000, between 80% to 90% of the property’s value, and love a perk or two, Qudos Bank's variable package home loan option - the Low Cost Home Loan (Value Package) - may be a good option for you. With this offer you’ll have a suite of features, like unlimited free extra repayments, a free redraw facility, the chance to take a repayment holiday and the use of free multiple offset accounts. On top of all that, you’ll also be able to access insurance discounts as well as an annual fee waiver ($249) on the Qudos Bank Visa Platinum Credit Card.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 3.44% p.a. | 3.23% p.a. | $395.00 yearly | $0 | ||
| 3.24% p.a. | 3.22% p.a. | $395.00 yearly | $0 | ||
| 2.69% p.a. | 3.12% p.a. | $395.00 yearly | $0 | ||
| 2.49% p.a. | 2.93% p.a. | $395.00 yearly | $0 | ||
| 3.44% p.a. | 3.51% p.a. | $395.00 yearly | $0 | ||
| 3.24% p.a. | 3.43% p.a. | $395.00 yearly | $0 | ||
| 3.14% p.a. | 3.56% p.a. | $395.00 yearly | $0 | ||
| 2.94% p.a. | 3.37% p.a. | $395.00 yearly | $0 |
Are you planning a kitchen renovation or hankering for a brand new car? Let the equity already built up in your home help to pay for that next big spending goal. With a line of credit home loan from Qudos Bank, you can get your hands on up to 80% of your property’s value. You’ll enjoy $0 annual fee, $0 account keeping fee, $0 early repayment fee, just keep in mind that there is an upfront application fee to consider, and your minimum monthly repayments will be 1% of your closing loan balance.
| Product | Rate | Comparison Rate | Service fee | Upfront fee |
|---|---|---|---|---|
| 3.78% p.a. | n/a | $0.00 | $600 | |
| 3.78% p.a. | n/a | $0.00 | $600 |
Pay your home loan off quicker by making unlimited extra repayments (for free) on variable rate options and up to $10,000 per year of free extra repayments on Qudos Bank's fixed rate offer.
When you choose a variable rate home loan option (except for the No Frills Home Loan) from Qudos Bank, you'll have the use of free multiple offset accounts to help you reduce the interest you're paying.
With a number of Qudos Bank's home loans, borrowers won't need to worry about paying any upfront or ongoing fees (though discharge fees may apply).
Cash in on discounted insurance premiums and an annual fee waiver on a Visa Platinum Credit Card (worth $249) when you opt for Qudos Bank's Low Cost Home Loan (Value Package) offer. Just remember that this packaged loan does come with a $395 annual service fee.
Mozo users have rated Qudos Bank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
49 Reviews
The Worst Financial Institution I have banked with Very bad customer service, misleading, non reliable and wrong information received for the same queries, no official letters or any form of notification sent for any changes to the home loan terms, incompetent and non helpful staff. Unfortunately stuck with them because of the fixed Home Loan terms
Read full reviewThe Worst Financial Institution I have banked with Very bad customer service, misleading, non reliable and wrong information received for the same queries, no official letters or any form of notification sent for any changes to the home loan terms, incompetent and non helpful staff. Unfortunately stuck with them because of the fixed Home Loan terms
Qudos Bank (ex Qantas Credit Union) is a not-for-profit bank fully owned by members. And so even with their home loan offset accounts, members' funds in those accounts are safe, along with of course the usual Commonwealth Government Guarantee up to $250,000 on all of their savings accounts. Furthermore, in accessing funds from an offset account, there are no ATM fees for cash withdrawn through the big 4 banks' ATM machines. All in all, Qudos is tops for home loans as well as reliability, excellent service, and safety with members' funds.
Read full reviewQudos Bank (ex Qantas Credit Union) is a not-for-profit bank fully owned by members. And so even with their home loan offset accounts, members' funds in those accounts are safe, along with of course the usual Commonwealth Government Guarantee up to $250,000 on all of their savings accounts. Furthermore, in accessing funds from an offset account, there are no ATM fees for cash withdrawn through the big 4 banks' ATM machines. All in all, Qudos is tops for home loans as well as reliability, excellent service, and safety with members' funds.
Very slow and inefficient. It's like dealing with a bank in the 50s. You cannot get them on the phone. Long waits and then they cut you off after 15 minutes on hold. I guess it helps their phone times if they are cutting people rather than talk to them. The only good thing is their competitive pricing, but it comes at the expense of service.
Read full reviewVery slow and inefficient. It's like dealing with a bank in the 50s. You cannot get them on the phone. Long waits and then they cut you off after 15 minutes on hold. I guess it helps their phone times if they are cutting people rather than talk to them. The only good thing is their competitive pricing, but it comes at the expense of service.
Only branch in QLD is cashless, however online options are ok. Needs Osko immediate transfer between banks.
Read full reviewOnly branch in QLD is cashless, however online options are ok. Needs Osko immediate transfer between banks.
This is the worst financial institution I have dealt with - Very poor service - Very hard to get an answer to any question - It takes days or weeks for a simple answer - Misleading information - No official letters or emails sent for any changes to the loan terms - No help offered or professional advice - The staff is not helpful
Read full reviewThis is the worst financial institution I have dealt with - Very poor service - Very hard to get an answer to any question - It takes days or weeks for a simple answer - Misleading information - No official letters or emails sent for any changes to the loan terms - No help offered or professional advice - The staff is not helpful
You can apply for a mortgage with Qudos Bank online, or by arranging a phone or branch appointment. When you apply, having a few key things with you will make the process go much quicker. They are: