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Qudos Bank Low Cost 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

  • 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
2.59% p.a.
Comparison Rate
2.59% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
2.79% p.a.
Comparison Rate
2.79% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.34% p.a.
Comparison Rate
2.87% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.54% 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
3.24% p.a.
Comparison Rate
3.24% 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
3.54% p.a.
Comparison Rate
3.23% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review Qudos Bank Low Cost Home Loan

Last updated: 22 June 2021.

binocular icon
What's hot
  • Variable interest rates from 2.59% (2.59% comparison rate*)
  • 10% discount off Allianz Home and Contents Insurance
  • No upfront or ongoing fees
  • Offset account
What's not
  • $275 discharge fee
Mozo snapshot

One of Qudos Bank’s most popular loans, the Low Cost Home Loan (Package) features competitive variable rates from 2.59% (2.59% comparison rate*) for owner occupiers making principle and interest repayments, and has no upfront or ongoing fees. Along with a free offset account, there are other flexible features such as an extra repayments facility, a redraw facility and the option of taking a repayment holiday. 

key icon
Key features

If you’re after a loan that combines a competitive variable rate, next to no fees and a range of added extras, then Qudos Bank’s Low Cost Home Loan Package could be worth a look. 

There are a few different rate tiers with this loan which depend on the kind of borrower you are, the type of repayments you'd like to make and your loan-to-value ratio (LVR). The lowest rate currently on offer for owner occupiers is 2.59% (2.59% comparison rate*) for those with more than a 20% deposit who are also willing to make principal and interest repayments. For investors the lowest variable rate is 3.04% (3.04% comparison rate*).

There’s nothing but flexibility with this loan, as you can make your repayments on a schedule that fits your lifestyle - either on a weekly, fortnightly or monthly basis. And what’s a home loan without a few handy features? These include the repayment holiday feature (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 extra repayments, there’s no hassle, thanks to the free redraw facility.

In addition to the home loan features, there are also package perks up for grabs like a 10% discount off an Allianz Home and Contents Insurance policy.




snapshot
Who is it good for

Given that the Qudos Bank Low Cost Home Loan (Package) is both relatively low cost, yet still comes with a range of features, it could be a good choice for borrowers looking for a balanced home loan.

question icon
Any catches

While there are no upfront fees, nor any ongoing service fees to worry about with the Low Cost Home Loan, there is a $275 discharge fee.

Details

Rates and fees information correct as at 25 June 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
  • 2.59% p.a.

  • n/a

  • n/a

  • n/a

  • 2.59% 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 25 June 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
  • 2.79% p.a.

  • n/a

  • n/a

  • n/a

  • 2.79% 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 25 June 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

  • 2.87% 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 25 June 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
  • 3.54% 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 25 June 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 25 June 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

  • 3.24% 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 25 June 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 25 June 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
  • 3.54% 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

  • $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

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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

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.