The Finance Algorithm
Qudos Bank

No Frills Home Loan

No Frills Home Loan Owner

Home loansBank updated 20 May 2026
At a glance
Variable (owner occ. P&I)
6.13% · 6.13% comparison
Variable (investor P&I)
6.34%
Max LVR
80%
Annual fee
$0
Features
redraw, extra repayments
§ 01 — Rates · 8
TypeApplies toTermBandRateComparisonConditions
VariableInvestment · Interest only≤70% LVR6.59%6.45%
VariableInvestment · Interest only70–80% LVR6.59%6.45%
VariableInvestment · P&I≤70% LVR6.34%6.34%
VariableInvestment · P&I70–80% LVR6.34%6.34%
VariableOwner occupied · Interest only≤70% LVR6.38%6.24%
VariableOwner occupied · Interest only70–80% LVR6.39%6.25%
VariableOwner occupied · P&I≤70% LVR6.13%6.13%
VariableOwner occupied · P&I70–80% LVR6.14%6.14%
§ 02 — Fees · 4
FeeTypeAmountWhenNotes
Redraw FeeEventNo feeRedraw is not available during the construction period.
Account Keeping FeePeriodicNo feeEvery 1 yr
Annual FeePeriodicNo feeEvery 1 yr
Establishment FeeUpfrontNo fee
§ 03 — Features
RedrawExtra repaymentsInstant paymentsPayIDDigital banking
  • · Repayment options of weekly, fortnightly, or monthly
§ 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 80%
  • · Minimum deposit 20%

Published by Qudos Bank under the Consumer Data Right, last changed by them on 20 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.