Discounted Standard Variable Rate with Home Package Plus^ (Owner Occupier, P&I) (LVR < 95)
Cashback
Refinance and get up to $3,000 cash bonus with an eligible Suncorp Bank Home Loan. Expiry date: 30/09/2020- Last updated on 10 Aug 2020
Discounted Variable Rate (OO P&I)
Make the move to UBank's award winning home loan
2.49%
Variable
2.49%
Discounted Variable Rate (Owner Occupied Principal & Interest)
3.04%
Variable
3.05%
$1,271
based on $300,000 loan amount for 25 years
Pros
- No upfront or ongoing fees
- 100% full offset account
- Suitable for low deposits
- Parents can sign as guarantor
Cons
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Maximum LVR 95% | Interest rate structure Variable |
Borrowing range $150k - $100m | Total Repayments $457,560 |
Principal & interest | Interest only |
Loan term range 1 - 30 years | Offset account 100% offset account |
Extra repayments Unlimited extra repayments | Redraw facility Redraw fee: $20 |
Allows split interest | Suitable For Owner Occupiers |
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Total estimated upfront fees $0 | Application fee $0 |
Settlement fee $0 | Valuation fee $0 |
Legal fee $0 | Other upfront fee $0 |
Ongoing fee $0 annually | Discharge fee $350 |
Property Type | SMSF Trustee |
Minimum SMSF Amount |
- Cashback Refinance and get up to $3,000 cash bonus with an eligible Suncorp Bank Home Loan.Get a $2,000 cash bonus when you refinance with an eligible Suncorp Bank Home Loan of $250k+. Excludes Suncorp Loans. Apply by 30/09/2020, settle by 29/12/2020. T&Cs & eligibility criteria apply.
Annual package fee waiver applies to owner-occupied first home buyers (i.e. have never purchased a property) who take out a Home Package Plus with a new Standard Variable Rate or 5 Year Fixed Rate loan of at least $150,000. The annual package fee of $375 will be charged and refunded for the life of the loan, expiring only if the loan is closed or varied out of the product or package. Offer valid from 01/09/2017 and is subject to change without notice and may be withdrawn at any time before a credit contract is entered into.
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.