Home Loan-Variable Rate
Our Standard Variable Rate Home Loan is a simple, easy to manage product that is equally suited to owner-occupiers, residential investors or even those purchasing a vacant block of land. Extra payments can be made with flexibility to redraw.
- From
- 8.74%
- 8.89% comparison
Interest Rates
Any purpose — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Standard Variable Principal and Interest. Comparison Rate calculated on a secured loan of $150,000 over a 25 year term based on monthly repayments. | 8.74% | 8.89% | — |
Any purpose — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Standard Variable Interest Only. Comparison Rate calculated on a secured loan of $150,000 over a 25 year term based on monthly repayments. | 9.09% | 8.99% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Mortgage Establishment Fee | Upfront | $250.00 |
| Mortgage Document Fee | Upfront | $250.00 |
| Lenders Mortgage Insurance Lenders Mortgage Insurance (LMI) may apply on loans if the Loan to Valuation Ratio (LVR) exceeds 80%. | Other | Variable |
| Mortgage Settlement Fee Payable on payout of your mortgage loan to prepare the release of mortgage - waived if paid out due to sale or with own funds | Event | $450.00 |
| Loan Maintenance Fee Charged monthly | Ongoing | $10.00 |
| In Branch Redraw Fee Redraw Fee Applies for Assisted Transactions | Event | $8.00 |
| Online Redraw Fee $0 Redraw Fee Applies for Online Transactions | Event | $0.00 |
Features
- Digital banking
- Extra repayments
- No penalties for extra repayments on variable rate loans
- Offset account
- 100% Mortgage Offset account available
- Payments can be arranged weekly, fortnightly or monthly.
- Loan Terms up to 30 Years.
- Redraw facility
Eligibility
- Minimum age — 18 years
- Individuals only
- Residency status — Loans are available to members of the bank who are permanent residents of Australia and currently live in Australia.
Constraints
- Maximum LVR — 9500%
- Minimum LVR — 0%
More Information
Published by Queensland Country Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 28 · View on CDR.gov.au