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Qudos Bank Low Cost Home Loan (Package)

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

  • 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

Rate
2.74% p.a.
Comparison Rate
2.74% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
2.84% p.a.
Comparison Rate
2.84% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.19% p.a.
Comparison Rate
2.91% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.29% p.a.
Comparison Rate
2.95% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.04% p.a.
Comparison Rate
3.04% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.14% p.a.
Comparison Rate
3.14% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.34% p.a.
Comparison Rate
3.15% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.44% p.a.
Comparison Rate
3.19% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review Qudos Bank Low Cost Home Loan (Package)

Last updated: 17 November 2020.

binocular icon
What's hot
  • Variable interest rates from 2.74% (2.74% comparison rate*)
  • 10% discount off Allianz Home and Contents Insurance
  • $0 application fee
What's not
  • $275 discharge fee
Mozo snapshot

One of Qudos Bank’s most popular loans, the Low Cost Home Loan Package features low variable rates from 2.74% (2.74% comparison rate*) for owner-occupiers making principle and interest repayments, and has no application, legal or settlement fees. Along with a free offset account and an extra repayments facility, you’ll also be able to take a repayment holiday - talk about flexibility!

key icon
Key features

If you’re after a loan that will give you a low variable rate and a few added perks, then look no further than Qudos Bank’s Low Cost Home Loan Package. 

There are a few different rate tiers for this loan, depending on what kind of borrower your are, what repayments you'd like to make and your Loan-to-Value ratio. For example, for owner occupiers looking to borrow with more than a 20% deposit, there’s a 2.74% rate (2.74% comparison rate*), while investors with the same deposit amount will have a rate of 3.04% (3.04% comparison rate*).

Not only will taking out this packaged loan grant you a complimentary meeting with a Qudos financial planner, there’s also a 10% discount off an Allianz Home and Contents Insurance policy up for grabs.

There’s nothing but flexibility with this loan, as you can make your repayments according to your lifestyle - either on a weekly, fortnightly or monthly basis. But what’s a home loan without a few handy features? Some of the perks include the repayment holiday (that is, if you’ve made your repayments in advance), allowing you to take a break from your mortgage, along with free extra repayments and an offset account. And if you ever need to redraw some of those some of those extra repayments you’ve made, there’s no hassle, thanks to the free redraw facility.

However, we should mention that while there are no application or ongoing fees attached to this loan, there is a $275 discharge fee.

snapshot
Who is it good for

The Qudos Bank Low Cost Home Loan package could be a good choice for an owner occupier on a budget, looking to further save on other financial products by bundling them with one institution.

question icon
Any catches

Once you’ve paid off your loan, be aware that there is a $275 discharge fee. 

Details

Rates and fees information correct as at 18 April 2021. 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
  • 2.74% p.a.

  • n/a

  • n/a

  • n/a

  • 2.74% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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
  • Owner Occupier

  • Principal & Interest

  • Monthly, Fortnightly, Weekly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • 10% off Allianz Home and Contents Insurance.

  • 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 18 April 2021. 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
  • 2.84% p.a.

  • n/a

  • n/a

  • n/a

  • 2.84% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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
  • Owner Occupier

  • Principal & Interest

  • Monthly, Fortnightly, Weekly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • 10% off Allianz Home and Contents Insurance.

  • 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 18 April 2021. 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
  • 3.19% p.a.

  • n/a

  • n/a

  • n/a

  • 2.91% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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
  • Owner Occupier

  • Interest Only

  • Monthly, Fortnightly, Weekly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • 10% off Allianz Home and Contents Insurance.

  • 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 18 April 2021. 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
  • 3.29% p.a.

  • n/a

  • n/a

  • n/a

  • 2.95% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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
  • Owner Occupier

  • Interest Only

  • Monthly, Fortnightly, Weekly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • 10% off Allianz Home and Contents Insurance.

  • 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 18 April 2021. 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
  • 3.04% p.a.

  • n/a

  • n/a

  • n/a

  • 3.04% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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
  • Investor

  • Principal & Interest

  • Monthly, Fortnightly, Weekly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • 10% off Allianz Home and Contents Insurance.

  • 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 18 April 2021. 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
  • 3.14% p.a.

  • n/a

  • n/a

  • n/a

  • 3.14% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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
  • Investor

  • Principal & Interest

  • Monthly, Fortnightly, Weekly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • 10% off Allianz Home and Contents Insurance.

  • 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 18 April 2021. 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
  • 3.34% p.a.

  • n/a

  • n/a

  • n/a

  • 3.15% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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
  • Investor

  • Interest Only

  • Monthly, Fortnightly, Weekly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • 10% off Allianz Home and Contents Insurance.

  • 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 18 April 2021. 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
  • 3.44% p.a.

  • n/a

  • n/a

  • n/a

  • 3.19% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/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
  • Investor

  • Interest Only

  • Monthly, Fortnightly, Weekly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • 10% off Allianz Home and Contents Insurance.

  • 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
8.0/10
Convenience
6.9/10
Trust
7.9/10

Latest reviews of Qudos Bank Low Cost Home Loan (Package)

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About Qudos Bank

Qudos Bank (previously Qantas Credit Union) is a customer owned bank and was established in 1959. Qudos Bank has an A2 investment grade rating and offers a full range of banking products including credit cards, home loans, personal loans and saving accounts.

See Qudos Bank home loans

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2.19% p.a.
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2.53% p.a.

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AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

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Fixed Home Loan

1.99% p.a.
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2.15% p.a.

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1.98% p.a.
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3.56% p.a.

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2.14% p.a. variable

2.16% p.a.

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2.22% p.a.

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2.19% p.a. variable

2.20% p.a.

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1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

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2.64% p.a.

2.64% p.a.

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UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

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AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

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2.14% p.a.

2.16% p.a.

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2.44% p.a.

2.45% p.a.

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1.79% p.a.

1.84% p.a.

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2.09% p.a.

2.12% p.a.

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1.99% p.a.
fixed 3 years

2.70% p.a.

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UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

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Basic Home Loan (Fixed)

2.09% p.a.
fixed 3 years

2.43% p.a.

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Fixed Rate Home Loan (Premium Plus Package)

1.98% p.a.
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3.56% p.a.

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2.09% p.a.
fixed 3 years

2.86% p.a.

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n/a

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1.89% p.a.
fixed 3 years

3.03% p.a.

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2.04% p.a.
fixed 3 years

2.17% p.a.

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1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

$0.00

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AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

$0.00

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2.17% p.a.

2.20% p.a.

$0.00

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1.79% p.a.

1.84% p.a.

$0.00

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2.16% p.a.

$0.00

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2.19% p.a.

2.20% p.a.

$0.00

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Back to Basics

2.44% p.a.

2.45% p.a.

$0.00

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2.29% p.a.

2.23% 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.