Have you had any experience with Bass Weejuns? They seem like a good choice for a reasonably priced loafer.
I have no experience with them unfortunately but I think that you always get way you pay for. They will probably last a few seasons, but I’d go with a pair of goodyear welted shoes, check out Meermin.
Also I’m not very fund of their designs, it brings my thoughts to the ‘80ies. However if you do like them and if they are within your budget, I say, why not. Good luck!