Suncorp Bank
Suncorp Bank was founded in 1902 as the Queensland Agricultural Bank. It is now the fifth largest bank in Australia.
The bank has headquarters in Brisbane with branches throughout the country. Suncorp offers a range of financial products and services, including personal and home loans, credits cards, savings accounts, commercial and agribusiness banking as well as financial planning and investment services.
Suncorp Bank has won a number of awards and was named Money magazine’s Bank of the Year in 2015, the first non-major bank to win the award.
Suncorp Bank Home Loan Calculator
Interested in an Suncorp Bank home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Suncorp Bank compares to its competitors. Simply plug in your borrowing amount below.
Read More
Suncorp Bank home loan repayment calculator
Your estimated repayments
at interest rate 2.54 %
Total interest payable
$0
Total amount payable
$0
Pros and cons
- Flexible loan options.
- Specialised and package loans available.
- Extensive branch access.
- Monthly and annual fees.
- Limited interest-only payments.
- High rates.
Suncorp Bank home loans rates
Product | Advertised Rate | Total estimated upfront fees | Comparison Rate* | Ongoing fee | Go to site | Company | |
|---|---|---|---|---|---|---|---|
2.54% Variable | $0 | 2.55% | $0 | | More details | ||
2.49% Fixed - 5 years | $0 | 2.59% | $0 annually | | More details | ||
2.64% Variable | $0 | 2.65% | $0 annually | | More details | ||
2.34% Fixed - 2 years | $600 | 2.68% | $10 monthly | | More details | ||
2.49% Fixed - 5 years | $0 | 2.68% | $0 annually | | More details | ||
2.69% Variable | $0 | 2.70% | $0 | | More details | ||
2.94% Variable | $0 | 2.70% | $0 | | More details | ||
2.29% Fixed - 3 years | $0 | 2.76% | $375 annually | | More details | ||
2.94% Variable | $0 | 2.79% | $0 | | More details | ||
2.79% Variable | $0 | 2.80% | $0 annually | | More details | ||
2.79% Variable | $0 | 2.80% | $0 | | More details | ||
2.89% Variable | $0 | 2.84% | $0 | | More details | ||
2.19% Fixed - 2 years | $0 | 2.86% | $375 annually | | More details | ||
2.99% Variable | $0 | 2.87% | $0 annually | | More details | ||
1.99% Fixed - 3 years | $0 | 2.90% | $375 annually | | More details | ||
1.89% Fixed - 2 years | $0 | 2.94% | $375 annually | | More details | ||
2.99% Variable | $0 | 2.99% | $0 | | More details | ||
2.49% Fixed - 5 years | $0 | 3.00% | $375 annually | | More details | ||
2.19% Fixed - 3 years | $0 | 3.03% | $375 annually | | More details | ||
2.29% Fixed - 1 year | $0 | 3.03% | $375 annually | | More details | ||
3.09% Variable | $0 | 3.03% | $0 | | More details | ||
2.49% Fixed - 5 years | $0 | 3.05% | $375 annually | | More details | ||
2.64% Variable | $0 | 3.06% | $375 annually | | More details | ||
2.09% Fixed - 2 years | $0 | 3.07% | $375 annually | | More details | ||
2.99% Variable | $0 | 3.14% | $375 annually | | More details | ||
2.29% Fixed - 1 year | $0 | 3.15% | $375 annually | | More details | ||
3.09% Variable | $0 | 3.17% | $375 annually | | More details | ||
2.59% Fixed - 3 years | $0 | 3.20% | $375 annually | | More details | ||
3.19% Variable | $0 | 3.20% | $0 | | More details | ||
3.19% Variable | $0 | 3.20% | $375 annually | | More details | ||
2.49% Fixed - 3 years | $0 | 3.21% | $375 annually | | More details | ||
2.79% Variable | $0 | 3.21% | $375 annually | | More details | ||
2.59% Fixed - 2 years | $0 | 3.23% | $375 annually | | More details | ||
2.99% Variable | $0 | 3.23% | $375 annually | | More details | ||
2.49% Fixed - 2 years | $0 | 3.24% | $375 annually | | More details | ||
2.74% Fixed - 5 years | $0 | 3.25% | $375 annually | | More details | ||
2.99% Variable | $0 | 3.29% | $375 annually | | More details | ||
2.89% Variable | $0 | 3.30% | $375 annually | | More details | ||
2.94% Fixed - 1 year | $0 | 3.31% | $375 annually | | More details | ||
3.14% Fixed - 1 year | $0 | 3.32% | $375 annually | | More details | ||
2.74% Fixed - 5 years | $0 | 3.37% | $375 annually | | More details | ||
2.69% Fixed - 3 years | $0 | 3.40% | $375 annually | | More details | ||
2.79% Fixed - 3 years | $0 | 3.40% | $375 annually | | More details | ||
2.79% Fixed - 2 years | $0 | 3.43% | $375 annually | | More details | ||
2.69% Fixed - 2 years | $0 | 3.44% | $375 annually | | More details | ||
3.04% Fixed - 5 years | $0 | 3.47% | $375 annually | | More details | ||
2.94% Fixed - 1 year | $0 | 3.49% | $375 annually | | More details | ||
3.14% Fixed - 1 year | $0 | 3.50% | $375 annually | | More details | ||
3.04% Fixed - 5 years | $0 | 3.59% | $375 annually | | More details | ||
2.79% Fixed - 5 years | $0 | 3.75% | $375 annually | | More details | ||
3.04% Fixed - 5 years | $0 | 4.12% | $375 annually | | More details | ||
3.73% Variable | $0 | 4.13% | $375 annually | | More details | ||
3.90% Variable | $0 | 4.15% | $375 annually | | More details | ||
2.79% Fixed - 3 years | $0 | 4.22% | $375 annually | | More details | ||
2.89% Fixed - 3 years | $0 | 4.23% | $375 annually | | More details | ||
2.79% Fixed - 2 years | $0 | 4.33% | $375 annually | | More details | ||
2.94% Fixed - 5 years | $600 | 4.33% | $10 monthly | | More details | ||
2.89% Fixed - 2 years | $0 | 4.34% | $375 annually | | More details | ||
4.40% Variable | $600 | 4.47% | $0 | | More details | ||
4.57% Variable | $600 | 4.47% | $0 | | More details | ||
2.44% Fixed - 3 years | $600 | 4.50% | $10 monthly | | More details | ||
4.20% Variable | $0 | 4.59% | $375 annually | | More details | ||
3.19% Fixed - 5 years | $600 | 4.68% | $10 monthly | | More details | ||
4.62% Variable | $0 | 4.72% | $375 annually | | More details | ||
4.82% Variable | $600 | 4.83% | $0 | | More details | ||
2.94% Fixed - 3 years | $600 | 4.94% | $10 monthly | | More details | ||
3.04% Fixed - 3 years | $600 | 4.97% | $10 monthly | | More details | ||
5.24% Variable | $600 | 5.00% | $0 | | More details | ||
2.94% Fixed - 2 years | $600 | 5.14% | $10 monthly | | More details | ||
3.04% Fixed - 2 years | $600 | 5.16% | $10 monthly | | More details | ||
4.98% Variable | $600 | 5.17% | $10 monthly | | More details | ||
5.15% Variable | $600 | 5.20% | $10 monthly | | More details | ||
5.45% Variable | $600 | 5.61% | $10 monthly | | More details | ||
5.87% Variable | $600 | 5.77% | $10 monthly | | More details |
Suncorp Bank customer service
Suncorp gives potential customers a number of ways to contact the bank, including a general customer phone line, as well as lines for share-trading, business and insurance. Home loan customers can also contact the bank via email, online, meet in person with a Suncorp employee at a local branch or arrange an appointment with a mobile lender.
- Customer service centre (phone)
- Mobile app
- Online banking
- Branch
- Mobile banking staff
How to Apply
Suncorp Bank customers can apply for a home loan in a number of ways. Applications can be made online at the Suncorp website, by phone or by visiting a staff member at a local branch. Customers can also book an appointment with a mobile lender via the Suncorp website or by phone. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This will include:
- Personal identification.
- Proof of income and employment.
- Proof of other income, including rental.
- Proof of your current debts, liabilities and loans.
- Details of other savings and assets.
For refinancers, you will also have to provide you home loan statements for the past three months and a current payout quote for the loan you wish to refinance.
Suncorp Bank top home loans products
Learn more about Suncorp Bank
What is the average annual percentage rate?
Also known as the comparison rate, or sometimes the ‘true rate’ of a loan, the average annual percentage rate (AAPR) is used to indicate the overall cost of a loan after considering all the fees, charges and other factors, such as introductory offers and honeymoon rates.
The AAPR is calculated based on a standardised loan amount and loan term, and doesn’t include any extra non-standard charges.
Why should you trust Real Time Ratings?
Real Time Ratings™ was conceived by a team of data experts who have been analysing trends and behaviour in the home loan market for more than a decade. It was designed purely to meet the evolving needs of home loan customers who wish to merge low cost with flexible features quickly. We believe it fills a glaring gap in the market by frequently re-rating loan products based on the changes lenders make daily.
Real Time Ratings™ is a new idea and will change over time to match the frequently-evolving demands of the market. Some things won’t change though – it will always rate all relevent products in our database and will not be influenced by advertising.
If you have any feedback about Real Time Ratings™, please get in touch.
What do mortgage brokers do?
Mortgage brokers are finance professionals who help borrowers organise home loans with lenders. As such, they act as middlemen between borrowers and lenders.
While bank staff recommend home loan products only from their own employer, brokers are independent, so they can recommend products from a range of institutions.
Brokers need to be accredited with a particular lender to be able to work with that lender. A typical broker will be accredited with anywhere from 10 to 30 lenders – the big four banks, as well as a range of smaller banks, credit unions and non-bank lenders.
As a general rule, brokers don’t charge consumers for their services; instead, they receive commissions from lenders whenever they place a borrower with that institution.
Savings over
Select a number of years to see how much money you can save with different home loans over time.
e.g. To see how much you could save in two years by switching mortgages, set the slider to 2.
What factors does Real Time Ratings consider?
Real Time RatingsTM uses a range of information to provide personalised results:
- Your loan amount
- Your borrowing status (whether you are an owner-occupier or an investor)
- Your loan-to-value ratio (LVR)
- Your personal preferences (such as whether you want an offset account or to be able to make extra repayments)
- Product information (such as a loan’s interest rate, fees and LVR requirements)
- Market changes (such as when new loans come on to the market)
Mortgage Calculator, Repayments
The money you pay back to your lender at regular intervals.
Mortgage Calculator, Loan Purpose
This is what you will use the loan for – i.e. investment.
Does each product always have the same rating?
No, the rating you see depends on a number of factors and can change as you tell us more about your loan profile and preferences. The reasons you may see a different rating:
- Lenders have made changes. Our ratings show the relative competitiveness of all the products listed at a given time. As the listing change, so do the ratings.
- You have updated you profile. If you increase your loan amount, the impact of different rates and fees will change which loans are the lowest cost for you.
- You adjust your preferences. The more you search for flexible loan features, the more importance we assign to the Flexibility Score. You can also adjust your Flexibility Weighting yourself, which will recalculate the ratings with preference given to more flexible loans.
How much information is required to get a rating?
You don’t need to input any information to see the default ratings. But the more you tell us, the more relevant the ratings will become to you. We take your personal privacy seriously. If you are concerned about inputting your information, please read our privacy policy.
Interest Rate
Your current home loan interest rate. To accurately calculate how much you could save, an accurate interest figure is required. If you are not certain, check your bank statement or log into your mortgage account.
Mortgage Calculator, Repayment Type
Will you pay off the amount you borrowed + interest or just the interest for a period?
Mortgage Calculator, Deposit
The proportion you have already saved to go towards your home.
How can I get a home loan with no deposit?
Following the Global Financial Crisis, no-deposit loans, as they once used to be known, have largely been removed from the market. Now, if you wish to enter the market with no deposit, you will require a property of your own to secure a loan against or the assistance of a guarantor.
What is appraised value?
An estimation of a property’s value before beginning the mortgage approval process. An appraiser (or valuer) is an expert who estimates the value of a property. The lender generally selects the appraiser or valuer before sanctioning the loan.
Does Real Time Ratings' work for people who already have a home loan?
Yes. If you already have a mortgage you can use Real Time RatingsTM to compare your loan against the rest of the market. And if your rate changes, you can come back and check whether your loan is still competitive. If it isn’t, you’ll get the ammunition you need to negotiate a rate cut with your lender, or the resources to help you switch to a better lender.