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Owner occupied ∙ Principal and interest rates

Loan rates for owner occupied with principal and interest loan

Rate

Comparison rate

Comparison rate with offset

Variable

6.03%

6.09%

6.20%

Fixed 1 year

6.39%

6.13%

6.24%

Fixed 2 years

6.44%

6.17%

6.28%

Fixed 3 years

6.54%

6.24%

6.35%

Fixed 4 years

6.59%

6.30%

6.41%

Fixed 5 years

6.59%

6.34%

6.45%

Owner occupied ∙ Interest only rates

Loan rates for owner occupied with interest only

Rate

Comparison rate

Comparison rate with offset

Variable 1 year IO

7.14%

6.21%

6.31%

Variable 2 years IO

7.14%

6.31%

6.42%

Variable 3 years IO

7.14%

6.40%

6.51%

Variable 4 years IO

7.14%

6.49%

6.59%

Variable 5 years IO

7.14%

6.57%

6.67%

Fixed 1 year

6.99%

6.19%

6.30%

Fixed 2 years

6.94%

6.27%

6.38%

Fixed 3 years

6.94%

6.35%

6.45%

Fixed 4 years

6.94%

6.42%

6.52%

Fixed 5 years

6.94%

6.48%

6.58%

Investment ∙ Principal and Interest rates

Loan rates for investment with principal and interest loan

Rate

Comparison rate

Comparison rate with offset

Variable

6.34%

6.40%

6.51%

Fixed 1 year

6.69%

6.44%

6.55%

Fixed 2 years

6.69%

6.47%

6.58%

Fixed 3 years

6.64%

6.49%

6.60%

Fixed 4 years

6.79%

6.57%

6.68%

Fixed 5 years

6.79%

6.60%

6.71%

Investment ∙ Interest only rates

Loan rates for investment with interest only

Rate

Comparison rate

Comparison rate with offset

Variable 1 year IO

6.69%

6.44%

6.55%

Variable 2 years IO

6.69%

6.47%

6.58%

Variable 3 years IO

6.69%

6.50%

6.60%

Variable 4 years IO

6.69%

6.53%

6.63%

Variable 5 years IO

6.69%

6.55%

6.65%

Fixed 1 year

6.79%

6.45%

6.56%

Fixed 2 years

6.79%

6.49%

6.60%

Fixed 3 years

6.84%

6.54%

6.65%

Fixed 4 years

6.94%

6.62%

6.72%

Fixed 5 years

6.94%

6.66%

6.76%

Important to know

All lending interest rates are subject to change. The comparison rate displayed is calculated for a Qantas Money Home Loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Roll-to Variable Rates

A roll-to rate, also known as a revert rate, is a variable interest rate that fixed rates roll to at the end of the fixed-term period or an interest-only period.

Loan rates for investment with interest only

Loan

Owner occupied P&I

Owner occupied interest only

Investment P&I

Investment interest only

Variable Loan 100% offset

6.03%

6.03%

6.34%

6.34%

Variable Loan (no offset)

6.03%

6.03%

6.34%

6.34%

Our fees

Establishment fees

The fees are all deducted from the loan amount at settlement.

Our fees

Application fee

Payable for the assessment of your home loan application.

$345

Loan processing fee

Payable for processing of your home loan application and preparing loan documentation.

$150

Settlement service fee

Incurred at the time of and for the preparation of mortgage documentation and settlement on one property, and is paid at the time of settlement.

*Note: additional fees may apply in a non-standard transaction.

$345.40*

Mortgage security registration / discharge fee

Payable to the land titles office to register the mortgage or discharge existing securities.

Varies

Other legal fees for establishing the loan

Payable for services including the preparation of the security documents and/or attending to settlement on our behalf and/or conducting all title search enquiries necessary to effect settlement.

Varies

Other fees and charges

These fees may be incurred during the life of your loan.

Monthly Offset fee

Payable each month for each loan with an offset.

$10

Simple loan variation fee

Payable when we agree to:

  • vary your existing contract or;
  • a request to a consent or change of borrower details or;
  • convert to another annual percentage rate or;
  • release or substitute a security (Discharge administration fee may 
also be applicable)

$150

Complex loan variation fee

Payable when we agree to:

  • a transfer subject to mortgage or subsequent mortgage or;
  • a sub division.

$300

Redraw fee

Payable when you redraw all or part of any repayments made on your loan (minimum $1). Redraws can be made at a Bendigo Bank branch (manual withdrawal), as well as via internet or phone banking.

Free per internet or phone banking withdrawal

$50 per branch (manual) withdrawal

Repayment recalculation fee

If you pay extra funds into your home loan, you may be able to recalculate your repayments in order to reduce what you need to pay each month. This would effectively clear any ahead amount on your loan. (The extra funds paid into the loan prior to the recalculation would not be available for redraw.)

$50

Valuation fee

The cost of having the security valued by a third party (this can vary depending upon the location and access available to the property).

Varies

Subsequent Valuation fee

Payable for a valuation performed as the result of your request for us to deal with a security after settlement.

Varies

Additional Lending - Loan Processing Fee

These fees and product offerings are only applicable to existing customers who are making changes to their lending that cannot be offered directly through Qantas Money.

$150

Arrears administration fee

This fee is debited to your Home Loan Account when you are in arrears. This fee is debited to your Home Loan Account every 28 days thereafter for as long as you remain 
in arrears.

$35

Direct debit dishonour fee

When there are insufficient funds in your account to cover a direct debit, this fee is charged.

$10

Exit fees

These fees are incurred if you choose to close your Qantas Money Home Loan.

Break costs

Break costs may be payable in certain circumstances during a fixed loan term, such as:

  • Breaking your fixed rate term to convert to another percentage rate or to discharge your loan.
  • Prepaying more than the allowed amount per annum on a fixed rate.

Varies

Discharge administration fee

Payable for each security attached to a home loan that we partially or fully discharge at your request.

Note: A Loan Variation fee may be charged.

$325

Key Facts Sheet

A key facts sheet (KFS) is designed to help you choose the right home loan. It is a summary of the loan you are looking at, including a personalised comparison rate and an estimation of the costs of your home loan. It also explains what will happen if interest rates rise or if you roll from a fixed rate.

Download your Key Facts Sheet