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What types of home loans does Qantas Money Home Loans offer?

At Qantas Money Home Loans, we offer a range of home loans. These include:

Interest rate types:

  • Fixed rate - interest rate is locked in for a set period (typically between 1-5 years)
  • Variable rate – interest rate fluctuates over the term of the loan

Loan purposes:

  • Owner occupied - a loan for the home you will live in, suitable for first home buyers, refinancers or those buying their next home
  • Investment - those looking to build a property investment portfolio

Loan type:

  • Refinance - new loans for a property you already own, e.g. in order to change lenders or release equity from your home
  • Purchase - loans for purchasing a property you don’t already own

Different repayment types:

  • Principal and interest - pay off the loan amount plus interest
  • Interest only - pay the interest only for a set period (typically between 1-5 years)

Loan features:

  • Redraw facilities
  • 100% Offset facilities (on some loans)
  • Additional repayments

The deposit or equity amount you’ll need for a Qantas Money Home Loan varies depending on which loan you’d like to take out and starts from 10% for our Offset Home Loan. A minimum 25% deposit is required for Basic and Offset Home Loans above $2M, as well as savings to cover fees and charges such as stamp duty. If the deposit is less than 20% you’ll also need to pay Lender’s Mortgage Insurance (LMI) or a Lender Protection Fee, depending on which loan you take out.

Find the Qantas Money Home Loan that’s right for you here.

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