The Finance Algorithm
QBANK

Classic Plus Home Loan

Classic Plus Home Loan

Home loansBank updated 22 May 2026
At a glance
Variable (owner occ. P&I)
6.14% · 6.42% comparison
Variable (investor P&I)
6.39%
Max LVR
95%
Features
offset, redraw, extra repayments
§ 01 — Rates · 10
TypeApplies toTermBandRateComparisonConditions
VariableInvestment≤60% LVR6.39%6.66%
VariableInvestment60–70% LVR6.44%6.71%
VariableInvestment70–80% LVR6.49%6.76%
VariableInvestment80–90% LVR6.74%7.01%
VariableInvestment90–95% LVR7.04%7.31%
VariableOwner occupied · P&I≤60% LVR6.14%6.42%
VariableOwner occupied · P&I60–70% LVR6.19%6.47%
VariableOwner occupied · P&I70–80% LVR6.24%6.52%
VariableOwner occupied · P&I80–90% LVR6.49%6.76%
VariableOwner occupied · P&I90–95% LVR6.79%7.06%
§ 02 — Fees · 4
FeeTypeAmountWhenNotes
ADDITIONAL_SECURITY_FEEEvent$185Applies to each additional security within a loan facility.
PAPER_REDRAW_FEEEvent$25Payable at each manual redraw; electronic redraws are free via QBANK Internet Banking
PACKAGE_FEE_-_CLASSIC_PLUS_ONLYPeriodic$25Payable 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.
CONSTRUCTION_SETTLEMENT_FEEUpfront$295Applies once only per construction loan facility
§ 03 — 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
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Permanent Australian residents or Australian citizens
  • · Available to individuals
  • · Amount $150,000 to no maximum

Published by QBANK under the Consumer Data Right, last changed by them on 22 May 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.