Compare home loans

	Queenslanders Ultimate Home Loan	The Original Home Loan	Fixed Rate Home Loan	Home Action Account
Regular service fee	$100/year	Nil	Nil	$8/month (owner-occupied) $62.50/quarter (investment)
Choice of repayment frequency	Weekly, fortnightly or monthly	Weekly, fortnightly or monthly	Weekly, fortnightly or monthly	N/A
Make extra repayments at any time	Yes	Yes	Yes	Yes
Free redraw through phone and internet banking	Yes	Yes	Yes	N/A
Free mortgage offset	Yes	Yes	Yes	N/A
Available for owner occupied properties	Yes	Yes	Yes	Yes
Available for investment purposes	Yes	Yes	Yes	Yes
Time to repay the loan	Up to 30 years	Up to 30 years	Up to 30 years	Up to 30 years
Interest only option	Up to 5 years	Up to 5 years	Up to 5 years	Up to 5 years
Deposit required*	5% of property value (owner-occupied) 10% (investment)	5% of property value (owner-occupied) 10% (investment)	5% of property value (owner-occupied) 10% (investment)	20%
Minimum loan amount	$250,000	$50,000	$50,000	$50,000

*Lenders Mortgage Insurance is required if you have less than 20% deposit.