RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  

  Classic Home Loan Owner Occupied Recruit LVR 60% or Less

Classic Home Loan Owner Occupied Recruit LVR 60% or Less
Category: Home Loans  Last Updated July 18, 2024  Effective December 16, 2024

 General Lending Rates

Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information Owner Occupied Principal & Interest
Interest Rate
5.94% PA
Comparison Rate
6.06%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

 Product Features

  • Redraw
  • Other Additional Information: No penalty for extra repayments

 Product Eligibility

  • Other Additional Information: LVR 60% or Less
  • Min Age - 18.
  • Other Additional Information: Core Bond recruits only

 Bank Fees and Charges

  • Home Loan Establishment Fee (Upfront), Amount: 700.00. Additional Information: waived on the classic plus package
  • Standard Settlement Fee (Upfront), Amount: 195.00. Additional Information: Applies once only per standard loan facility and waived on the classic plus package.
  • Construction Settlement Fee (Upfront), Amount: 295.00. Additional Information: Applies once only per construction loan facility
  • Paper Redraw Fee (Event), Amount: 25.00. Additional Information: Payable at each manual redraw; electronic redraws are free via QBANK Internet Banking
  • Top Up Fee (Event), Amount: 200.00. Additional Information: Applies when further lending is requested and applied to a current QBANK loan limit. Payable at the time the top-up is funded.Waived on the classic plus package
  • Additional Security Fee (Event), Amount: 185.00. Additional Information: Applies to each additional security within a loan facility.
  • Split Loan Fee (Event), Amount: 25.00. Additional Information: Applies per additional loan split and waived on the classic plus package

 Limitations & Restrictions (Constraints)

  • Min Limit of 50000.00

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