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Queensland Country Products
Product	Reno Loan	Home Equity Loan	Line of Credit
Interest rate from	Interest rate from 6.79	Interest rate from 5.49	Interest rate from 4.94
Comparison rate from	Comparison rate from 7.31 *	Comparison rate from 6.36 **
Summary	Summary Borrow up to $25,000 for home improvements without extending your home loan.	Summary Allows you to borrow against the equity in your existing residential property to fund any worthwhile need.	Summary An overdraft facility that provides you with a continual source of credit.
Features	Features Add value to your home and increase the equity you have in your property – no new mortgage required to do so! Repay your loan over a short term and keep repayments and affordability with in your budget – no loan payout fees either Low interest rate No security required	Features Borrow up to 90% of the value of your property Choose weekly, fortnightly or monthly repayments Make extra repayments without penalty Terms up to 10 years	Features Borrow up to 80% of the value of your property Continual credit facility No set repayments (interest only repayments are required if you reach your limit) Have your pay deposited directly into the Line of Credit to reduce any interest charged and access your funds like a regular transaction account
Loan Purpose	Loan Purpose Home renovations and improvements	Loan Purpose Use the equity in your home to fund worthwhile purchases	Loan Purpose
Document fee	Document fee Applies	Document fee Applies	Document fee Applies
Establishment fee	Establishment fee $100	Establishment fee $250	Establishment fee $250
Monthly Service fee	Monthly Service fee $5	Monthly Service fee	Monthly Service fee
Deposit Required	Deposit Required [no]	Deposit Required	Deposit Required
Acceptable Security	Acceptable Security	Acceptable Security	Acceptable Security
Term of loan	Term of loan Up to 5 years	Term of loan 10 years	Term of loan None
Min Loan Amount	Min Loan Amount $3,000	Min Loan Amount	Min Loan Amount
Max Loan Amount	Max Loan Amount $50,000	Max Loan Amount	Max Loan Amount
Repayment Frequency	Repayment Frequency Weekly, fortnightly or monthly	Repayment Frequency	Repayment Frequency
Extra Repayments Allowed	Extra Repayments Allowed [yes]	Extra Repayments Allowed [yes]	Extra Repayments Allowed
100% Offset Account Available	100% Offset Account Available	100% Offset Account Available [no]	100% Offset Account Available [no]
Ongoing fees	Ongoing fees	Ongoing fees $5 per month	Ongoing fees N/A
Max Loan Value Ratio	Max Loan Value Ratio	Max Loan Value Ratio 90%	Max Loan Value Ratio 80%
More information	Details	Apply online Details	Apply online Details