The Finance Algorithm
Queensland Country Bank

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.

Home loansBank updated 23 Sept 2026
At a glance
Variable (owner occ. P&I)
8.74% · 8.89% comparison
Variable (investor P&I)
8.74%
Max LVR
95%
Annual fee
$120
Features
offset, redraw, extra repayments
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
VariableStandard Variable Interest Only. Comparison Rate calculated on a secured loan of $150,000 over a 25 year term based on monthly repayments.Interest only9.09%8.99%
VariableStandard Variable Principal and Interest. Comparison Rate calculated on a secured loan of $150,000 over a 25 year term based on monthly repayments.P&I8.74%8.89%
§ 02 — Fees · 11
FeeTypeAmountWhenNotes
Arrears Letter Fee - Default Notice prior to EnforcementEvent$70
Arrears Letter Fee - Second Arrears LetterEvent$40
In Branch Redraw FeeEvent$8Redraw Fee Applies for Assisted Transactions
Mortgage Settlement FeeEvent$450Payable on payout of your mortgage loan to prepare the release of mortgage - waived if paid out due to sale or with own funds
Online Redraw FeeEventNo fee$0 Redraw Fee Applies for Online Transactions
Lenders Mortgage InsuranceOtherVariesLenders Mortgage Insurance (LMI) may apply on loans if the Loan to Valuation Ratio (LVR) exceeds 80%.
Other Credit FeesOtherVariesRefer to our Fees and Charges brochure for information on other fees and charges which may apply.
Loan Maintenance FeePeriodic$10Every 1 mo
Mortgage Document FeeUpfront$250
Mortgage Establishment FeeUpfront$250
Val Fee - PropertyHubUpfront$50
§ 03 — Features
Offset accountRedrawExtra repaymentsDigital banking
  • · Payments can be arranged weekly, fortnightly or monthly.
  • · Loan Terms up to 30 Years.
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Loans are available to members of the bank who are permanent residents of Australia and currently live in Australia.
  • · Available to individuals
  • · Maximum LVR 95%

Published by Queensland Country Bank under the Consumer Data Right, last changed by them on 23 Sept 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.