QBANK Home Loans
Loan options: What QBANK home loans offer
Here’s a snapshot of QBANK’s variable home loans currently on offer for a loan amount of $400,000 in Queensland. Please note that this table is formulated based on paying both principal and interest and results are sorted by current rate (lowest to highest). To compare other home loans, please click here.
The inclusions below represent a selection of the features available with a standard variable rate home loan for an owner occupier. Canstar is not making any suggestion or recommendation to you about this product. Additional conditions may apply to different features. Please see our comparison tables for more detailed information about products on offer from this provider. Please ensure that you read the product disclosure statement (PDS) to determine all the current loan terms and conditions for the product you are considering.
Variable home loan features
- No monthly fees
- Special discounted variable rate
- Minimum loan amount $50,000
- Option to take 10% off a home insurance policy with QBANK
- $50,000 minimum home loan
- Maximum loan term of 30 years
- No penalties for extra repayments
- Redraw facility available
- Repayments may be made weekly, fortnightly, or monthly
What types of home loans does QBANK offer?
At the time of writing QBANK offers the following types of home loans:
Find out about how different types of home loans work here.
See our comparison tables for details of QBANK home loans:
How to apply for a QBANK home loan
Applying for a QBANK home loan is a simple process; just compare home loans on the Canstar website and apply online on the QBANK website for the loan of your choice. For more help to apply, you can speak to a QBANK consultant by calling 13 77 28 (8.45 am to 4.30pm Monday to Friday).
Follow our applying for a home loan checklist, and use the Canstar website to compare QBANK home loans with other home loans before choosing a product that suits your needs:
Yes, QBANK allows extra repayments on its variable interest home loans. Terms and conditions apply; contact your lender for details.
Find out how making extra repayments could save money in interest over the life of your loan in this article or use our Extra Repayments Calculator for yourself:
Yes, QBANK’s variable rate home loans offer a redraw facility. Fees and charges may apply to use of a redraw facility; contact your lender for details or learn more about redraw facilities here.
If you’re in the market for a home loan, compare your home loan options with Canstar:
QBANK has been operating since 1964, when it was founded as the QPCU by the Queensland Police Union of Employees. It became one of Australia’s first mutual banks in 2016.
It was created to provide finance for a number of individuals and families who serve the Queensland police, emergency services, ambulance officers, fire officers, nursing staff and public sector.
QBANK has a large involvement in the Queensland community, contributing to various community partnerships and charitable organisations.
QBANK holds an annual awards night called the Everyday Hero Awards, which is designed to recognise those who have made an outstanding contribution to the Queensland community. If you know anyone who falls into that category, you can find out more information here.