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Qudos Bank Low Cost Home Loan (Value 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
2.49% p.a.
Comparison Rate
2.93% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.69% p.a.
Comparison Rate
3.12% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.24% p.a.
Comparison Rate
3.22% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.44% p.a.
Comparison Rate
3.23% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.94% p.a.
Comparison Rate
3.37% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.14% p.a.
Comparison Rate
3.56% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.24% p.a.
Comparison Rate
3.43% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.44% p.a.
Comparison Rate
3.51% p.a.
Service fee
$395.00 yearly
Upfront fee
$0

Mozo editorial review Qudos Bank Low Cost Home Loan (Value Package) - last updated: 22 June 2021

binocular icon
What's hot
  • 2.49% variable rate (2.93% comparison rate*)
  • Offset account, free extra repayments and redraw facility
  • Extra perks such as discounted insurance and credit card fee waivers
What's not
  • $395 annual service fee
Mozo snapshot

The Qudos Bank Low Cost Home Loan (Value Package) is a feature-rich home loan that offers variable interest rates from 2.49% (2.93% comparison rate*). Along with a flexible repayment options, access to an offset account and redraw facility, and the ability to take repayment holidays, you’ll also enjoy a number of additional perks, such as fee waivers on eligible Qudos Bank credit cards and discounted insurance.

key icon
Key features

The Qudos Bank Low Cost Home Loan (Value Package) offers variable rates starting from 2.49% (2.93% comparison rate*) for owner occupiers paying principal and interest (<80% LVR), and 2.94% (3.37% comparison rate*) for investors paying principal and interest (<80% LVR). The minimum loan amount is $150,000.

You'll be able to pick a repayment cycle that suits you (weekly, fortnightly or monthly), plus you can pay down your loan faster without having to worry about any caps or additional fees. And if you decide you need those extra funds back, a redraw facility is available. 

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, Qudos Bank will waive the annual fee (usually $249) on their Visa Platinum Credit Card for you, or if you take out Allianz Home and Motor insurance, you’ll get up to 12 months cover for the price of 11 months in your first year. 

Just keep in mind that this doesn’t come free. There’s a $395 yearly service fee with the Low Cost Home Loan (Value Package) that you’ll have to budget for, plus a $275 discharge fee. 

snapshot
Who is it good for

The Low Cost Home Loan (Value Package) could be appreciated by anyone after a feature-rich package home loan that also offers competitive variable rates.

question icon
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 17 September 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

2.49% p.a.

n/a

n/a

n/a

2.93% 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 17 September 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

2.69% p.a.

n/a

n/a

n/a

3.12% 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 17 September 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

3.24% p.a.

n/a

n/a

n/a

3.22% 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 17 September 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

3.23% 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 17 September 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

2.94% p.a.

n/a

n/a

n/a

3.37% 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 17 September 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

3.56% 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 17 September 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

3.24% p.a.

n/a

n/a

n/a

3.43% 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 17 September 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

3.51% 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.

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About Qudos Bank

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.