Fixed rates
If you're looking for the security of knowing exactly what your regular repayments will be, a fixed rate is a good option.
Some fixed home loans don't allow you to make extra repayments without being penalised. Traditionally, fixed loans have tended not to offer additional benefits such as redraw.
QPCU's Fixed Rate Loans are a little different
QPCU Fixed Rate Loans offer an excellent alternative as they provide members with similar flexibility to a Variable Loan - with added peace of mind.
Benefits include:
- repayments won't increase during the fixed rate term
- free online redraw facility#
- no penalty for extra repayments*
- no monthly fees
- Interest Only available.
Paying additional savings into your loan reduces the amount of interest that you're charged. Leaving these funds in your loan can reduce the term of the loan. Better still, you don't incur income tax on interest as you would on a savings account or term deposit.
To apply call us today on 131 468, or if you're an existing member you can apply online by clicking on the button below.
* Limited to $10,000 per year in advance payments to a maximum of $30,000 in a fixed rate period - 3/5 year fixed loans only.
# Not available on interest only. Fee for paper redraw applies.
*Interest rate and comparison rates are are subject to change at any time. General Information Terms & Conditions, fees and charges apply. Normal lending criteria applies.
WARNING: This comparison rate applies only to the example. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rates displayed is calculated based on a loan amount of $150,000 over a 25 year term. Comparison rate schedules are available here.