For borrowers looking to lock in a rate, Queensland Country Bank offers a Fixed Rate Home Loan which comes with 1, 2 or 3-year fixed rates and is available to investors and owner occupiers alike. Customers can take out a loan from as little as $5,000 up to a maximum of $5 million as long as they have a deposit of at least 5%. There are plenty of features on offer such as an extra repayments (up to $10,000/year), a redraw facility (for owner occupiers), an offset account (owner occupiers) and the ability to make repayments on a weekly, fortnightly or monthly basis. There is a monthly service fee to consider though.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.44% p.a. |
8.18% p.a. |
$10.00 monthly |
$500 |
||
|
6.64% p.a. |
8.24% p.a. |
$10.00 monthly |
$500 |
||
|
6.24% p.a. |
8.12% p.a. |
$10.00 monthly |
$500 |
||
|
6.44% p.a. |
8.18% p.a. |
$10.00 monthly |
$500 |
||
|
6.44% p.a. |
8.18% p.a. |
$10.00 monthly |
$500 |
||
|
6.64% p.a. |
8.24% p.a. |
$10.00 monthly |
$500 |
||
|
6.24% p.a. |
8.12% p.a. |
$10.00 monthly |
$500 |
||
|
6.44% p.a. |
8.18% p.a. |
$10.00 monthly |
$500 |
Queensland Country Bank also has a Variable Rate Home Loan available from a minimum of $25,000. Owner occupiers can borrow up to 95% of a property’s value with the loan, while investors can borrow up to 90% of the property’s value. When you choose a variable loan from Queensland Country Bank, you’ll have the freedom to make extra repayments whenever you like without charge, dip back into them later on with the redraw facility (if you're an owner occupier) and make use of a 100% offset account (also available to owner occupiers).
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
9.09% p.a. |
8.99% p.a. |
$10.00 monthly |
$500 |
||
|
8.74% p.a. |
8.88% p.a. |
$10.00 monthly |
$500 |
||
|
9.09% p.a. |
8.99% p.a. |
$10.00 monthly |
$500 |
||
|
8.74% p.a. |
8.88% p.a. |
$10.00 monthly |
$500 |
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.29% p.a. |
7.99% p.a. |
$395.00 yearly |
$0 |
||
|
6.49% p.a. |
8.04% p.a. |
$395.00 yearly |
$0 |
||
|
6.09% p.a. |
7.93% p.a. |
$395.00 yearly |
$0 |
||
|
6.29% p.a. |
7.99% p.a. |
$395.00 yearly |
$0 |
||
|
p.a. |
n/a |
$395.00 yearly |
$0 |
||
|
p.a. |
n/a |
$395.00 yearly |
$0 |
||
|
p.a. |
n/a |
$395.00 yearly |
$0 |
||
|
p.a. |
n/a |
$395.00 yearly |
$0 |
||
|
p.a. |
n/a |
$395.00 yearly |
$0 |
||
|
p.a. |
n/a |
$395.00 yearly |
$0 |
||
|
p.a. |
n/a |
$395.00 yearly |
$0 |
||
|
p.a. |
n/a |
$395.00 yearly |
$0 |
||
|
6.29% p.a. |
7.99% p.a. |
$395.00 yearly |
$0 |
||
|
6.49% p.a. |
8.04% p.a. |
$395.00 yearly |
$0 |
||
|
6.09% p.a. |
7.93% p.a. |
$395.00 yearly |
$0 |
||
|
6.29% p.a. |
7.99% p.a. |
$395.00 yearly |
$0 |
If you prefer a package home loan, Queensland Country Bank's Discount Ultimate Home Loan (Package) is available to owner occupiers and investors on loans starting from $100,000 (up to a maximum $5,000,000). For a $350 annual fee, you’ll have access to a range of package features including free extra repayments and redraw facilities, an offset account and the opportunity to split your rate between a fixed and variable portion. You may also be eligible for a number of package benefits including discounts on your home loan rate as well as credit card and personal loan fee waivers and more.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
8.59% p.a. |
8.65% p.a. |
$395.00 yearly |
$0 |
||
|
8.24% p.a. |
8.56% p.a. |
$395.00 yearly |
$0 |
||
|
6.19% p.a. |
6.52% p.a. |
$395.00 yearly |
$0 |
||
|
6.39% p.a. |
6.72% p.a. |
$395.00 yearly |
$0 |
||
|
6.39% p.a. |
6.74% p.a. |
$395.00 yearly |
$0 |
||
|
6.19% p.a. |
6.54% p.a. |
$395.00 yearly |
$0 |
| Product | Rate | Comparison Rate | Service fee | Upfront fee |
|---|---|---|---|---|
|
9.19% p.a. |
n/a |
$100.00 yearly |
$500 |
Reducing your interest payments can be made easier with the help of an offset account - a feature which is available to owner occupiers on Queensland Country bank's fixed, variable and package home loans.
When you choose a variable or package home loan from Queensland Country Bank, you’ll be able to make fee-free extra repayments towards your loan balance. You can even make use of this feature if you opt for a fixed rate, because Queensland Country Bank’s fixed home loans allow extra repayments of up to $10,000 per year.
If you’re after a convenient way to make your home loan repayments, Queensland Country Bank allows you to make automatic repayment via direct debit - either on a weekly fortnightly or monthly basis. It’s relatively easy to set up and you will continually need to check there is enough money in your nominated account to cover your payment.
From discounts on your home loan and home and contents insurance to waived fees on your credit card, transaction account and personal, Queensland Country Bank’s package home loan could perfect for those looking to bundle an extensive range of financial products.
Mozo users have rated Queensland Country Bank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
25 Reviews
Queensland Country Bank is highly regarded in the communities it serves. The emphasis on personal service, competitive rates and supporting the customer contributes to this. The staff know the business and are very helpful.
Read full reviewQueensland Country Bank is highly regarded in the communities it serves. The emphasis on personal service, competitive rates and supporting the customer contributes to this. The staff know the business and are very helpful.
Queensland Country Bank is outstanding. Their customer service is personal. I like how I can call them directly at the local branch. They have been outstanding to deal with.
Read full reviewQueensland Country Bank is outstanding. Their customer service is personal. I like how I can call them directly at the local branch. They have been outstanding to deal with.
I love Queensland Country Credit Union as they are there for their members. Their Smart Budget account is a must.
Read full reviewI love Queensland Country Credit Union as they are there for their members. Their Smart Budget account is a must.
Love this bank as the banker are very helpful, reliable, honest, and they remember your name.
Read full reviewLove this bank as the banker are very helpful, reliable, honest, and they remember your name.
Very friendly and obliging staff, who go out of their way to help you get the most out of your banking.
Read full reviewVery friendly and obliging staff, who go out of their way to help you get the most out of your banking.
Queensland Country Bank allows customers to begin a home loan application online, or by making an appointment to speak with a representative on the phone or in a branch. Before you start though, you may need some of the following documents in order to successfully complete an application: