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Classic Plus Home Loan

Classic Plus Home Loan

Home loansBank updated 15 Oct 2026
Apply at QBANK ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Variable (owner occ. P&I)
6.34%6.61% comparison
Variable (investor P&I)
6.59%
Max LVR
95%
Features
offset, redraw, extra repayments

How it compares

This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This home loan: 6.44%Every other institution's lowest, 103 in all

Owner occupier, principal & interest, 80% LVR. One dot per institution, at its lowest variable home loan rate anyone can apply for; hover or tap a dot for its name.

RateThis home loanBest anywhereTypical institutionWhere it sits
Variable home loanOwner occupier, principal & interest, 80% LVR6.44%5.93%SCCU's BROKER HOME LOAN6.38%of 104 institutions59th lowest of 104, level with 6 others
Investor variable home loanInvestment, principal & interest, 80% LVR6.69%5.94%AAA Financial Corporation's Portfolio Loan6.59%of 104 institutions64th lowest of 104, level with 2 others

Rates

Every rate QBANK publishes for this home loan, 10 in all.

Variable rate by LVR

Owner occupier, principal and interest, the lowest rate published for each band of the loan's share of the property's value

  1. ≤60%6.34%
  2. 60–70%6.39%
  3. 70–80%6.44%
  4. 80–90%6.69%
  5. 90–95%7.04%
Variable rate for the band
TypeApplies toTermBandRateComparisonConditions
VariableInvestment-≤60% LVR6.59%6.86%-
VariableInvestment-60–70% LVR6.64%6.91%-
VariableInvestment-70–80% LVR6.69%6.96%-
VariableInvestment-80–90% LVR6.94%7.21%-
VariableInvestment-90–95% LVR7.29%7.55%-
VariableOwner occupied, P&I-≤60% LVR6.34%6.61%-
VariableOwner occupied, P&I-60–70% LVR6.39%6.66%-
VariableOwner occupied, P&I-70–80% LVR6.44%6.71%-
VariableOwner occupied, P&I-80–90% LVR6.69%6.96%-
VariableOwner occupied, P&I-90–95% LVR7.04%7.31%-

Rate changes

20 changes logged, newest first.

DateRateWasNowChange
15 Oct 2026Variable, Investment, ≤60% LVR6.34%6.59%up 0.25
15 Oct 2026Variable, Investment, 60–70% LVR6.39%6.64%up 0.25
15 Oct 2026Variable, Investment, 70–80% LVR6.44%6.69%up 0.25
15 Oct 2026Variable, Investment, 80–90% LVR6.69%6.94%up 0.25
15 Oct 2026Variable, Investment, 90–95% LVR6.99%7.29%up 0.30
15 Oct 2026Variable, Owner occupied, P&I, ≤60% LVR6.09%6.34%up 0.25
15 Oct 2026Variable, Owner occupied, P&I, 60–70% LVR6.14%6.39%up 0.25
15 Oct 2026Variable, Owner occupied, P&I, 70–80% LVR6.19%6.44%up 0.25
15 Oct 2026Variable, Owner occupied, P&I, 80–90% LVR6.44%6.69%up 0.25
15 Oct 2026Variable, Owner occupied, P&I, 90–95% LVR6.74%7.04%up 0.30
28 Sept 2026Variable, Investment, ≤60% LVR6.39%6.34%down 0.05
28 Sept 2026Variable, Investment, 60–70% LVR6.44%6.39%down 0.05
28 Sept 2026Variable, Investment, 70–80% LVR6.49%6.44%down 0.05
28 Sept 2026Variable, Investment, 80–90% LVR6.74%6.69%down 0.05
28 Sept 2026Variable, Investment, 90–95% LVR7.04%6.99%down 0.05
28 Sept 2026Variable, Owner occupied, P&I, ≤60% LVR6.14%6.09%down 0.05
28 Sept 2026Variable, Owner occupied, P&I, 60–70% LVR6.19%6.14%down 0.05
28 Sept 2026Variable, Owner occupied, P&I, 70–80% LVR6.24%6.19%down 0.05
28 Sept 2026Variable, Owner occupied, P&I, 80–90% LVR6.49%6.44%down 0.05
28 Sept 2026Variable, Owner occupied, P&I, 90–95% LVR6.79%6.74%down 0.05

Each change is logged the night it appears in the rates QBANK publishes. See how every lender answered the RBA on the rate tracker.

Fees

4 fees published, grouped by when they're charged.

  1. When you take it out$295CONSTRUCTION_SETTLEMENT_FEE
  2. While you hold it$25PACKAGE_FEE_-_CLASSIC_PLUS_ONLY
  3. When you close it or pay it offNo fee published

When you take it out1

  • CONSTRUCTION_SETTLEMENT_FEE

    Applies once only per construction loan facility

    $295

While you hold it1

  • PACKAGE_FEE_-_CLASSIC_PLUS_ONLY

    Payable on a monthly basis.Note: if the classic plus product is switched or repaid within the first year, $300 is payable less the amount of the package fee that is already paid.

    $25

When particular things happen2

  • ADDITIONAL_SECURITY_FEE

    Applies to each additional security within a loan facility.

    $185
  • PAPER_REDRAW_FEE

    Payable at each manual redraw; electronic redraws are free via QBANK Internet Banking

    $25

Features

Offset accountRedrawExtra repayments
  • Fee free Everyday Plus Transaction Account
  • No loan establishment or settlement fees
  • Fee waived for future loan top ups
  • Split Loan

Eligibility and limits

  • Minimum age 18
  • Residency: Permanent Australian residents or Australian citizens
  • Available to individuals
  • Amount from $150,000, no maximum

Published by QBANK under the Consumer Data Right, last changed by them on 15 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.