The Finance Algorithm
Qudos Bank

Construction Home Loan

Renovating or building your dream home? Our construction loan could be right for you.

Home loansBank updated 10 July 2026
At a glance
Max LVR
90%
Annual fee
$199
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
VariableInvestment · Interest only≤80% LVR6.84%6.57%
VariableInvestment · Interest only80–90% LVR7.04%6.59%
VariableOwner occupied · Interest only≤80% LVR6.54%6.40%
VariableOwner occupied · Interest only80–90% LVR6.74%6.42%
§ 02 — Fees · 4
FeeTypeAmountWhenNotes
Redraw FeeEventNo feeRedraw is not available during the construction period.
Account Keeping FeePeriodicNo feeEvery 1 yr
Annual FeePeriodic$199Every 1 yr
Establishment FeeUpfrontNo fee
§ 03 — Features
  • · Only pay interest on the funds drawn down
  • · Funds withdrawn in stages, as you receive progress payment requests
  • · repayments for construction period (principal & interest repayments thereafter)
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Customers who are Permanent Resident or Citizens may apply for the product
  • · Employment: Full time, Part Time, Casual, Self Employed
  • · Available to individuals
  • · Amount $150,000 to no maximum
  • · Maximum LVR 90%
  • · Minimum deposit 10%

Published by Qudos Bank under the Consumer Data Right, last changed by them on 10 July 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.