Queensland Country Bank
Standard Home Loan
8.74%
Interest rate
8.88%
Comparison rate
Ratings
LVR options
LVR is an acronym for Loan-To-Value Ratio. The LVR is the amount you are borrowing against the property value being used as security, represented as a percentage.
Queensland Country Bank Standard Home Loan does not offer tier pricing for lower LVR. With Standard Home Loan, you can borrow upto $95% LVR.
95%
LVR
Queensland Country Bank
Repayment options
Interest only loans have traditionally been tailored to investors so they can reduce their mortgage repayments and maximise their tax benefits and overall return on investment (ROI). However, getting home loan with interest only (IO) has its place and some lenders are willing to consider your application if you can provide valid reasons.
Interest only repayment option is not available with Queensland Country Bank Standard Home Loan for first home buyer.
Paying pricinpal and interest
Queensland Country Bank
Q&As
Does Queensland Country Bank Standard Home Loan comes with an offset account?
Yes, Standard Home Loan comes with a 100% offset account.
A 100% offset account is an account linked to your home loan where you can park your savings and spare cash to reduce the interest you pay. Then, when interest is calculated on your home loan, the balance in your offset account is deducted from the loan amount owing, and interest is only charged on what remains.
What are the costs to apply for Queensland Country Bank Standard Home Loan?
There is upfront costs of $500 to apply for Standard Home Loan.
- Application fee: $250
- Document fee: $250
Standard Home Loan also comes with ongoing account fees of $120 per year.
- Monthly fee: $10 per month
Are there costs when I exit or refinance to another lender?
Queensland Country Bank charge a discharge fee of $450, which covers the cost for removing the mortgage that has been registered on the title of your property.
IMPORTANT: Lenders change their policy from time to time so this information is current only accurate at the time that it was written. You should always check with Queensland Country Bank or a mortgage broker just to be sure. This information should be used as a guide only.