Classic Home Loan

A low variable Home Loan rate with no monthly fees and flexible repayments.

3.21 % p.a.2
3.24 % p.a.*
Discount Rate <95% LVR
Comparison Rate

A variable rate Home Loan with no monthly fees and flexible repayments.

Product name Owner Occupier Comparison Rate
Special Offer

Discount Rate <95% LVR

3.21 % p.a.2 Owner Occupier

3.24 % p.a.* Comparison rate

Special Offer

Discount Rate <90% LVR

2.86 % p.a.2 Owner Occupier

2.89 % p.a.* Comparison rate

Classic Rate

3.84 % p.a. Owner Occupier

3.87 % p.a.* Comparison rate

Whether you’re looking to get into your first place or to refinance your existing loan, we’ll help make it happen with our low Home Loan rates.


Discount rate2 for new loans with monthly salary credit into QBANK transaction account

No monthly fees

Free online redraw for P&I loans

No penalty for extra repayments

Special: save up to $700 on upfront fees~

Optional 20% off a new home insurance policy#


Product facts
Interest Type
Minimum Loan Amount
Maximum Loan Term
30 years
Additional Repayments
Repayment Redraw
Monthly Fee
100% Offset Account
Interest Only Available
Yes, up to 90% LVR investor only (max 5 years)
Establishment Fees Waived
Yes, ~
Top-up Loan Available
Split Loans Available
Loan To Valuation Ratio (LVR)
Up to 95%.
Loan purpose
Owner occupied or investment (investment max 95% LVR)
Registered first mortgage over residential property
Individual or joint
Construction Loans Available
Loan Portable
Repayment Frequency
Weekly, fortnightly or monthly
Statement Frequency

Investor rates

Product name Investment Property Comparison Rate
Special Offer

Discount Investor <90% LVR

3.21 % p.a.^ Investment Property

3.28 % p.a.* Comparison rate

Special Offer

Discount Investor P&I <95% LVR

3.81 % p.a.^ Investment Property

3.88 % p.a.* Comparison rate

Classic Investor Rate

4.19 % p.a. Investment Property

4.26 % p.a.* Comparison rate

Disclaimer information Expand

Credit eligibility criteria, terms and conditions, fees and charges apply.  

Interest rates current as at 1 April 2020 and are subject to change without notice.

~ Applies to owner-occupied loans only. Members will save up to $700 off standard QBANK, valuation, and mortgagee legal fees. Government charges and a $195 settlement fee still apply ($295 if construction loan).

# The purchase and payment of a new QBE Home, Home Contents, Landlords or a Comprehensive Motor policy entitles the member to save 20% off the first year of your premium (capped at $200). Discount applies on first year premium only. Not available on renewals. Full terms and conditions available at Offer may be withdrawn at any time. Please read the PDS available at to decide if a product is right for you. Insurance issued by QBE Insurance (Australia) Ltd ABN 78 003 191 035 AFSL 239545.

* 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. The comparison rate displayed is calculated based on a loan amount of $150,000 over a 25 year term.

1 Minimum deposit of 5% (plus any additional costs) required to be eligible. LMI required for loans exceeding 80% LVR. Total LVR including LMI not to exceed 100% LVR. To be eligible; a salary credit of at least $1500 per month must be deposited into your QBANK transaction account. This offer is valid for home loan applications of $150,000 or more of new lending for first home buyers. Interest only not available.

2 Valid for home loan applications of $150,000 or more of new lending for owner occupiers and is available for a limited time only. Interest only not available. To qualify, the customer must deposit a salary credit of at least $1,500 a month into a QBANK transaction account. Offer may be withdrawn at any time. Offer not valid for redraw of advance repayments, existing QBANK members switching loans or internal refinances.

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We're not just another bank

As a member owned bank, our profits go back to members in the form of award winning products, low rates and low fees. Our credit criteria is tailored around our unique community, those who serve and protect Queensland. We take into account overtime, shift penalties and 100% allowances for those in essential services.