Variable home loan rate decrease – we’ve passed on the full 25 basis point cut to all variable home loan interest rates effective 29 May 2025. Learn more
Fraud Alert: scammers are posing as Qudos Bank staff via unsolicited SMS and phone calls, attempting to gain information from customers to access their accounts or internet banking. Learn more
When your fixed-rate home loan comes to the end of its fixed period, you could choose to either re-fix or switch to the prevailing variable rate. You cannot extend the term of your existing fixed rate. Instead, your bank will offer you a revised fixed rate which you can accept or reject.
At the end of your fixed-rate period, it's a good time to take stock of your financial situation before deciding on your next move. A lot has likely changed since you agreed to your original fixed-term rate, including your circumstances, financial goals and what's happening in the global market. These are all important considerations for deciding whether to re-fix or switch to a variable rate for your new loan amount.
We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which Qudos Bank operates and where our team members reside.
