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Qudos Bank Low Cost Home Loan (Value Package)

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
2.78% p.a.
Comparison Rate*
3.21% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.88% p.a.
Comparison Rate*
3.31% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.18% p.a.
Comparison Rate*
3.31% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.28% p.a.
Comparison Rate*
3.35% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.08% p.a.
Comparison Rate*
3.50% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.18% p.a.
Comparison Rate*
3.60% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.48% p.a.
Comparison Rate*
3.61% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.58% p.a.
Comparison Rate*
3.65% p.a.
Service fee
$395.00 yearly
Upfront fee
$0

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

Last updated: 21 July 2020.

binocular icon
What's hot
  • 2.78% p.a. variable rate (3.21% p.a. comparison rate)
  • Offset account, free extra repayments, and redraw facility
  • Several extra perks, such as discounted insurance and credit card fee waivers
What's not
  • $395 yearly service fee
  • $275 discharge fee
Mozo snapshot

The Qudos Bank Low Cost Home Loan (Value Package) is a feature-rich home loan that offers interest rates from 2.78% p.a. (3.21% p.a. comparison rate). Along with a flexible repayment cycle, access to an offset account and redraw facility, and the ability to take repayment holidays, you’ll also enjoy a number of useful perks, such as waivers on Visa Platinum Credit Card annual fees and discounted Allianz insurance.

key icon
Key features

The Qudos Bank Value Package offers variable rates of 2.78% p.a. (3.21% p.a. comparison rate) for owner occupiers paying principal and interest, and variable rates of 3.08% p.a. (3.50% p.a. comparison rate) for investors paying principal and interest. The minimum loan amount is $150,000.

You'll be able to pick a repayment cycle that suits you, plus you can pay down your loan faster without having to worry about any caps or penalties. And if you decide you need those extra funds back, an instant redraw can be made within Online Banking. 

Customers will also be able to take advantage of an offset account to help save on interest. And if your circumstances change and you feel you could use a break from your repayments, you’ll be able to apply for a repayment holiday.

As part of the package, you’ll also receive a number of perks. For example, if you’re signed up to a Visa Platinum Credit Card, the $249 annual fee will be waived. And if you take out Allianz Home and Motor insurance, you’ll get up to 12 months cover for the price of 11 months. 

You’ll also get an extra 0.10% p.a. interest on selected term deposit accounts you hold while paying off your loan, a complimentary meeting with a Qudos Bank financial planner, and if you’re looking to take out a personal loan, the usual $150 application fee will be waived.

Just keep in mind all this doesn’t come free. There’s a $395 yearly service fee you’ll have to budget for, plus a $275 discharge fee. 

snapshot
Who is it good for

The Value Package would be appreciated by anyone after a feature-rich package home loan that still offers competitive rates.

snapshot
Any catches

If you want to take advantage of the Allianz insurance offer, just remember that this only applies to new Allianz Home and Motor insurance policies purchased at a Qudos Bank branch or through the Qudos Bank contact centre.

Details

Rates and fees information correct as at 20 October 2020. 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
  • 2.78% p.a.

  • n/a

  • n/a

  • n/a

  • 3.21% 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

  • $395.00 yearly

  • $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

  • Up to 12 months Allianz Insurance cover for the price of 11 months, annual fee waived on Visa Platinum Credit Card.

  • 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 20 October 2020. 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
  • 2.88% p.a.

  • n/a

  • n/a

  • n/a

  • 3.31% 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

  • $395.00 yearly

  • $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

  • Up to 12 months Allianz Insurance cover for the price of 11 months, annual fee waived on Visa Platinum Credit Card.

  • 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 20 October 2020. 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
  • 3.18% p.a.

  • n/a

  • n/a

  • n/a

  • 3.31% 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

  • $395.00 yearly

  • $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

  • Up to 12 months Allianz Insurance cover for the price of 11 months, annual fee waived on Visa Platinum Credit Card.

  • 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 20 October 2020. 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
  • 3.28% p.a.

  • n/a

  • n/a

  • n/a

  • 3.35% 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

  • $395.00 yearly

  • $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

  • Up to 12 months Allianz Insurance cover for the price of 11 months, annual fee waived on Visa Platinum Credit Card.

  • 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 20 October 2020. 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
  • 3.08% p.a.

  • n/a

  • n/a

  • n/a

  • 3.50% 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

  • $395.00 yearly

  • $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

  • Up to 12 months Allianz Insurance cover for the price of 11 months, annual fee waived on Visa Platinum Credit Card.

  • 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 20 October 2020. 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
  • 3.18% p.a.

  • n/a

  • n/a

  • n/a

  • 3.60% 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

  • $395.00 yearly

  • $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

  • Up to 12 months Allianz Insurance cover for the price of 11 months, annual fee waived on Visa Platinum Credit Card.

  • 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 20 October 2020. 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
  • 3.48% p.a.

  • n/a

  • n/a

  • n/a

  • 3.61% 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

  • $395.00 yearly

  • $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

  • Up to 12 months Allianz Insurance cover for the price of 11 months, annual fee waived on Visa Platinum Credit Card.

  • 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 20 October 2020. 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
  • 3.58% p.a.

  • n/a

  • n/a

  • n/a

  • 3.65% 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

  • $395.00 yearly

  • $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

  • Up to 12 months Allianz Insurance cover for the price of 11 months, annual fee waived on Visa Platinum Credit Card.

  • 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
8.2/10
Price
8.3/10
Features
7.7/10
Customer service
8.2/10
Convenience
7.1/10
Trust
8.2/10
Qudos Bank

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.

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*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.