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Suncorp Bank

Home Package Plus

Interest rate

2.69

% p.a

Variable

Comparison Rate*

3.11

% p.a

Maximum LVR
95%
Real Time Rating™

2.93

/ 5
Monthly Repayment

$1,375

based on $300,000 loan amount for 25 years at 2.69%

Interest rate

2.69

% p.a

Variable

Comparison Rate*

3.11

% p.a

Maximum LVR
95%
Real Time Rating™

2.93

/ 5
Monthly Repayment

$1,375

based on $300,000 loan amount for 25 years at 2.69%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,375

based on $300,000 loan amount for 25 years at 2.69%

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

Joel Flanagan

5.0
11 Reviews

Get expert advice from a home loans specialist.

I'm a loan specialist providing an outstanding professional service for each one of my clients. More than 15 years of experience and seven years as Director of Oak Financial Group, have given me the absolute knowledge about residential & commercial mortgage brokering to help, advise and guide my clients through their loan journey in the most effective way, always aiming to get the most favourable results. I'm available seven days a week, willing to answer my client's enquiries in the most transparent and comprehensive way.

NSW2020

ACL: 389328

Quick home loan review

For Discounted Standard Variable Rate with Home Package Plus^ (Owner Occupier, P&I) (LVR < 95)

These are the benefits of this home loan.

  • Lower than average interest rate
  • No upfront or ongoing fees
  • 100% full offset account
  • 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.

  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Discounted Standard Variable Rate with Home Package Plus^ (Owner Occupier, P&I) (LVR < 95)

TMD

Details

Maximum LVR

95%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

1 - 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

0

Application fee

0

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0 annually

Discharge fee

350

Application method

Online

Phone

In branch

Specials
  • Cashback Refinance your home loan with Suncorp bank and receive a $3000 cash.
    Refinance to a Suncorp Bank home loan of $750K or more with LVR ≤ 90%. Apply by 31 August 2021, settle by 30 November 2021.
  • Other Home Package Plus Annual Fee reimbursed for the life of the loan.
    Suncorp Bank will reimburse the Home Package Plus annual fee for the life of the loan. Available to eligible new home loan package ≥ $150K. Offer subject to change at any time.

Target Market Determination

Visit Suncorp Bank to view Target Market Determination.

Other Benefits

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.

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k 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 1 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 $0 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.