| Features |
|
| One Year Introductory Period |
You can choose to have a discounted fixed rate for the first year of your loan to help you settle into your new home1. |
| Fixed Interest Rate |
Budgeting is easier because the interest rate is fixed. |
| Repayment Flexibility |
Choose weekly, fortnightly or monthly repayments (but be careful not to exceed your minimum monthly repayment by more than $500 or you will incur a fee2). Make repayments directly from a Suncorp Transaction Account in a branch or over the phone or via the internet. |
| Fixed Rate Terms |
Available for 1, 2, 3 or 5 year periods. |
| Term |
Choose from 8 to 30 years when you apply. |
| Flexible Options |
At the end of the fixed rate period, your loan automatically transfers to the standard variable rate or you can reapply to refix the interest rate. |
| Suncorp Deposit KickStart |
This option enables you to use the equity in the home of a family member or friend towards the purchase of your new owner occupied home. Suncorp may lend you up to 110%5 of the purchase price or valuation of your new owner occupied home (whichever is the lesser). |
| Purpose |
Use the Fixed Rate Home Loan for personal and investment purposes. |
| Interest Only |
Choose interest only repayment periods. Repayments can be made monthly in arrears. Available for investors and personal purposes. |
| Statements |
Statements are issued every 6 months or more often if you request this. |
| Fees |
|
| Loan Establishment fee |
$600 |
| Mortgage Insurance (for loans over 80% loan to value ratio) |
If applicable |
| Account-keeping Fee |
$10 a month (except for interest annually in advance home loans) |
For a complete guide to the fees and charges on our loans, please download
the Lending
Fees and Charges brochure (PDF, 301kb) or obtain a copy from a
Suncorp
branch near you.
Important Information
- Only available for new lending.
- An Early Payment Interest Adjustment Fee applies if more than the prepayment allowance (currently $500 per calendar month) is paid in excess of the agreed monthly repayment. Fee applies to the whole amount pre-paid. A Deferred Establishment Fee may also apply if the loan is paid out within 4 years.
- Exclusions and maximum loan amounts apply. Suncorp will lend you 100% of the purchase / construction price or valuation (whichever is the lower).
- Terms and Conditions apply.
- A Loan to Value interest rate margin is added to standard reference rates displayed where you borrow 90% or more of the value of the property as determined by the Bank. The margin will expire at the end of the fixed rate period.
