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Suncorp Bank

Back to Basics Home Loan

Interest Rate

5.65

% p.a

Variable

Comparison Rate*

5.72

% p.a

Maximum LVR
95%
Real Time Rating™

3.46

/ 5
Monthly Repayment

$1,869

based on $300,000 loan amount for 25 years at 5.65%

Interest Rate

5.65

% p.a

Variable

Comparison Rate*

5.72

% p.a

Maximum LVR
95%
Real Time Rating™

3.46

/ 5
Monthly Repayment

$1,869

based on $300,000 loan amount for 25 years at 5.65%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,869

based on $300,000 loan amount for 25 years at 5.65%

Suncorp Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

John Valentine

5.0
12 Reviews

Get expert advice from a home loans specialist.

I have a professional background with 19 years’ experience as a Mortgage Broker.. My loyal client base has been built by providing a high level of service to my clients. A key part of my service is to understand all client requirements and then work out a cost-effective solution that meets their needs. Over the years, I have developed excellent relationships with lenders, which enables me to offer a range of solutions. My knowledge of various lenders’ complex policies and products, allows me to set-up loan structures that meet the needs of each client, while fitting-in with lender credit requirements. I provide a variety of financial services, including: - residential finance - construction loans - business & commercial loans - SMSF loans - Reverse Mortgages etc I deal with all types of clients: - first home buyers - experienced investors - PAYG - self-employed borrowers - companies and trusts. I hold an Australian Credit Licence (477288).

Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

MD Mahbub ur Rahman Chowdhury

Get expert advice from a home loans specialist.

Hi, My name is MD Mahbub Ur Rahman Chowdhury. I am a professional mortgage broker. I have excellent analysis knowledge which can help my client to achieve their financial needs. I can help my client to choose a suitable home loan product. I can explore clients' needs and benefits and based on that I can find the best product for my clients. I can do Home loans, Personal loans, car loans, and construction loans. I have excellent communication and negotiation skills which can help me to negotiate between clients and the Lender. My main goal is to help my clients and make them happy I will provide the best service to my clients.

Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Jingxia (Suzanne) Wang

5.0
103 Reviews

Get expert advice from a home loans specialist.

With double master degrees of Professional Accounting and Commerce and over 3 years working experiences in the mortgage broking industry, Suzanne has been developing a wider sense of what her clients need and how to achieve their dreams of buying or building their own homes as well as increasing their investment property portfolio to build wealth. Suzanne loves meeting new clients and catching up with existing clients, she has a passion for delivering professional skills and experience to customise a solution for her clients to secure their financial future. On weekends she enjoys spending time with her family, reading books with her child, and going for long walks in the park. Suzanne Wang is a credit representative 534100 of BLSSA Pty Ltd ACN 117 651 760 (Australia Credit License 391237).

Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Quick home loan review

For Back to Basics (Owner Occupier, P&I) (LVR ≤ 95)

These are the benefits of this home loan.

  • No ongoing fees
  • Suitable for low deposits
  • Redraw facility available
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • No offset account
  • Higher than average interest rate
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Back to Basics (Owner Occupier, P&I) (LVR ≤ 95)

Details

Maximum LVR

95%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

8 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $20

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

600

Application fee

600

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

350

Application method

Online

Phone

In branch

Available
Not available
Data not captured
Specials
  • Cashback Receive $3,000 cash when you take out a Suncorp Bank home loan of $750K or more with LVR <=90%. Apply by 30 November 2022, settle by 28 February 2023. Unless withdrawn prior. T&Cs & eligibility criteria apply.

Target Market Determination

Visit Suncorp Bank to view Target Market Determination.

Other Benefits

Get a $3,000 Solar Home Bonus when you apply for a new eligible Suncorp Bank home loan on a property fitted with an eligible solar power system. Eligible new loans ≥ $500k, LVR ≤90%. Excludes refinance of existing Suncorp Bank loans or loan pre-approvals. Apply by 31 December 2022, settle by 31 March 2023. T&C’s apply. To approved applicants only.

Other Restrictions

loans >150k have $600 application fee

Embed

Suncorp Bank Back to Basics (Owner Occupier, P&I) (LVR ≤ 95) is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $10k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 95 percent, which means it requires a minimum deposit of 5 percent

What's the maximum length for this loan?

Suncorp Bank allows you to have this loan for a range of 8 to 30 years.

How often can you make repayments?

Suncorp Bank allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $600 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $20 if you need to use it.

Where can you apply for this loan?

Suncorp Bank makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this Suncorp Bank loan is available through a broker. Find a broker to help you with your needs.