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Qudos Bank Fixed Rate Home Loan

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a interest only loan of at least $150,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan of at least $150,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan of at least $150,000 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 < 80% $150,000
Owner Occupier Principal & Interest 80%-90% $150,000
Owner Occupier Interest Only < 80% $150,000
Owner Occupier Interest Only 80%-90% $150,000
Investor Principal & Interest < 80% $150,000
Investor Principal & Interest 80%-90% $150,000
Investor Interest Only < 80% $150,000
Investor Interest Only 80%-90% $150,000
  • Owner Occupier (Principal & Interest)
    LVR < 80%
    Loan: $150,000
  • Owner Occupier (Principal & Interest)
    LVR 80%-90%
    Loan: $150,000
  • Owner Occupier (Interest Only)
    LVR < 80%
    Loan: $150,000
  • Owner Occupier (Interest Only)
    LVR 80%-90%
    Loan: $150,000
  • Investor (Principal & Interest)
    LVR < 80%
    Loan: $150,000
  • Investor (Principal & Interest)
    LVR 80%-90%
    Loan: $150,000
  • Investor (Interest Only)
    LVR < 80%
    Loan: $150,000
  • Investor (Interest Only)
    LVR 80%-90%
    Loan: $150,000
Fixed 3 year rate
5.94% p.a.
Comparison Rate
6.19% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.24% p.a.
Comparison Rate
6.28% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.34% p.a.
Comparison Rate
6.30% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.64% p.a.
Comparison Rate
6.39% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.24% p.a.
Comparison Rate
6.42% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.54% p.a.
Comparison Rate
6.50% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.44% p.a.
Comparison Rate
6.48% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.74% p.a.
Comparison Rate
6.56% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review Qudos Bank Fixed Rate Home Loan - last updated: 29 May 2024

binocular icon
What's hot
  • Fixed rates from 5.94% p.a. (6.19% p.a. comparison rate*)
  • No application fee or annual fee
  • Free extra repayments (up to $10,000 per year)
What's not
  • No redraw facility
Mozo snapshot

Australian homeowners can enjoy low fees and the security that comes with a fixed rate with Qudos Bank’s Fixed Rate Home Loan. Owner occupiers can take advantage of a series of competitive fixed rates across 1, 2, 3, 4 and 5-year terms, starting from 5.94% p.a. (6.19% p.a. comparison rate*) on the 3-year option.

key icon
Key features

The Qudos Bank Fixed Rate Home Loan comes with a different rate tiers depending on whether you're an owner-occupier or investor, what repayment type you choose and your Loan-to-Value ratio as well as your fixed loan term. The good news at Qudos' rates are very competitive - from 5.94% p.a. (6.19% p.a. comparison rate*) for a 3-year term.

Affordable rates aside, Qudos Bank will also allow its Fixed Rate Home Loan customers to make up to $10,000 worth of additional repayments at no extra cost and provides the freedom to choose whether you pay your mortgage on a weekly, fortnightly or monthly basis. If you want to hedge your bets on a variable rate cut, you will also be able to split your home loan between these fixed rates and the ongoing variable rate with Qudos Bank.

The Fixed Rate Home Loan has a maximum LVR of 90%, which means you’ll only need a 10% deposit at the ready. You’re also free to spend large because, while the minimum loan amount is set at $150,000, there is no maximum limit as long as you can meet the repayments.

There are a couple of things to keep in mind with this home loan. There is no redraw facility means that if you make extra repayments you won’t be able to make any withdrawals and there isn’t an option of an offset account.

snapshot
Who is it good for

Owner occupiers who want to safeguard themselves against a rate rise can take advantage of the low fees and competitive fixed rates associated with the Fixed Rate Home Loan.

question icon
Any catches

Just make sure you’re ready to commit those additional repayments as you won’t be able to redraw on your loan or pay them into an offset account.

If you have less than a 20% deposit, just be aware that you’ll also need to pay lenders mortgage insurance when you take out the loan. And once the fixed interest rate period over, the loan will revert to variable principal and interest rate.

Details

Rates and fees information correct as at 29 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.14% (6.27%*)

6.04% (6.24%*)

5.94% (6.19%*)

6.14% (6.24%*)

6.14% (6.22%*)

n/a

n/a

6.29% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$275.00

Other financial bits

$150,000

none

none

80.00%

Features

Monthly, Fortnightly, Weekly

yes - free up to $10,000 p.a.

no

no

none

yes

no

none

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.

Details

Rates and fees information correct as at 29 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.44% (6.31%*)

6.34% (6.30%*)

6.24% (6.28%*)

6.44% (6.34%*)

6.44% (6.36%*)

n/a

n/a

6.29% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$275.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Monthly, Fortnightly, Weekly

yes - free up to $10,000 p.a.

no

no

none

yes

no

none

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.

Details

Rates and fees information correct as at 29 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.54% (6.32%*)

6.44% (6.32%*)

6.34% (6.30%*)

6.54% (6.38%*)

6.54% (6.40%*)

n/a

n/a

6.29% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$275.00

Other financial bits

$150,000

none

none

80.00%

Features

Monthly, Fortnightly, Weekly

yes - free up to $10,000 p.a.

no

no

none

yes

no

none

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.

Details

Rates and fees information correct as at 29 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.84% (6.35%*)

6.74% (6.38%*)

6.64% (6.39%*)

6.84% (6.49%*)

6.84% (6.53%*)

n/a

n/a

6.29% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$275.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Monthly, Fortnightly, Weekly

yes - free up to $10,000 p.a.

no

no

none

yes

no

none

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.

Details

Rates and fees information correct as at 29 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.44% (6.48%*)

6.34% (6.46%*)

6.24% (6.42%*)

6.44% (6.47%*)

6.44% (6.47%*)

n/a

n/a

6.49% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$275.00

Other financial bits

$150,000

none

none

80.00%

Features

Monthly, Fortnightly, Weekly

yes - free up to $10,000 p.a.

no

no

none

yes

no

none

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.

Details

Rates and fees information correct as at 29 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.74% (6.52%*)

6.64% (6.52%*)

6.54% (6.50%*)

6.74% (6.58%*)

6.74% (6.60%*)

n/a

n/a

6.49% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$275.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Monthly, Fortnightly, Weekly

yes - free up to $10,000 p.a.

no

no

none

yes

no

none

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.

Details

Rates and fees information correct as at 29 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.64% (6.51%*)

6.54% (6.50%*)

6.44% (6.48%*)

6.64% (6.54%*)

6.64% (6.55%*)

n/a

n/a

6.49% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$275.00

Other financial bits

$150,000

none

none

80.00%

Features

Monthly, Fortnightly, Weekly

yes - free up to $10,000 p.a.

no

no

none

yes

no

none

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.

Details

Rates and fees information correct as at 29 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.94% (6.54%*)

6.84% (6.56%*)

6.74% (6.56%*)

6.94% (6.65%*)

6.94% (6.68%*)

n/a

n/a

6.49% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$275.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Monthly, Fortnightly, Weekly

yes - free up to $10,000 p.a.

no

no

none

yes

no

none

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.

Customer Reviews

How are Qudos Bank home loans rated by the Mozo community?

Overall
8.0/10
Price
8.2/10
Features
7.6/10
Customer service
7.8/10
Convenience
6.8/10
Trust
7.8/10
Based on 52 Qudos Bank home loan reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

About Qudos Bank

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6.09% p.a. variable

6.09% p.a.

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6.29% p.a. variable

6.20% p.a.

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6.59% p.a.
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7.06% p.a.

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6.14% p.a. variable

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6.14% p.a. variable

6.17% p.a.

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5.99% p.a. variable

5.90% p.a.

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Macquarie

Basic Home Loan

6.14% p.a. variable

6.16% p.a.

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5.99% p.a. variable

6.01% p.a.

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6.29% p.a. variable

6.20% p.a.

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Flex Home Loan

6.24% p.a. variable

6.48% p.a.

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Aussie

Elevate

6.09% p.a. variable

6.20% p.a.

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Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

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Macquarie

Offset Home Loan (Package)

6.14% p.a. variable

6.39% p.a.

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Variable

5.99% p.a.

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a.

6.16% p.a.

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a.

6.01% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a.

6.20% p.a.

Thumbnail icon for ING
ING

Mortgage Simplifier

6.14% p.a.

6.17% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.14% p.a.

6.39% p.a.

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loans.com.au

Variable Home Loan 90

6.04% p.a.

6.06% p.a.

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Bendigo Bank

Express Home Loan (Fixed)

6.04% p.a.
fixed 3 years

6.15% p.a.

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Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

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ubank

Flex Home Loan Fixed

5.99% p.a.
fixed 3 years

6.41% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

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Macquarie

Basic Home Loan (Fixed)

6.35% p.a.
fixed 3 years

6.26% p.a.

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Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

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ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% 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.

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