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Our lowest ever advertised home loan variable rate

Variable rate

A rate that is variable and is subject to change over the loan term.
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Comparison rate

A comparison rate is a rate that indicates the true cost of a loan. This rate incorporates certain fees and charges that are applicable for the chosen product.

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Discounted Back to Basics Variable Rate with Better Together Special Offer. Owner Occupied. New to bank lending >= $150,000. Maximum LVR 70%. Principal and Interest Repayment.

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Online offer

Suncorp Car Insurance

$50 off when you buy online

Simply take out a Comprehensive Car Insurance policy.

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Build it back better

With up to $10,000 in resilience options+

If your home is damaged by an insured event, you’ll be offered additional recommended resilience options to help protect against severe weather.

More about Build it Back Better

Protecting you from scams

Do you ever feel like you’re being watched online?

Suncorp Bank is committed to keeping our customers safe from cyber criminals and scammers.

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Limited time offer

Goodbye annual home loan fee

Save up to $11,250^ over a 30-year loan term, with no annual home loan fee for the life of your loan.

Eligible new home loan package ≥150K.

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Our latest rates

Compare rates for home lending, saving and more.

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See if you can shave some dollars off your insurance policy.

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Buying? Selling? Upgrading? We can help every step of the way.

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Are you experiencing or expecting a period in which you are unable to meet your financial commitments? Here at Suncorp, we’re committed to helping you out.

# COMPARISON RATE WARNING:
Each comparison rate is based on $150,000 over 25 years. These comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates for Interest Only Fixed Rate home loans are based on an initial Interest Only period equal in length to the fixed rate period. Comparison rates for Interest Only Variable home loans are based on an initial 5 year Interest Only period.

Discounted Variable Rate - Better Together Special Offer

* Discounted rate is only available for new Personal/Owner Occupied loans taken out as part of the Better Together Special Offer >= $150,000 and borrowings <= 70% of the security property value (LVR) inclusive of lenders mortgage insurance (if applicable), with Principal and Interest repayments and who hold a Suncorp Bank transaction account. The discounted rate (currently 1.99% p.a.) is calculated by subtracting a discount of 2.41% from the Standard Back to Basics Variable Rate (currently 4.40% p.a.). Rates and discounts are subject to change and may be varied if the loan purpose or repayment type is changed or where the borrower fails to hold a Suncorp Bank transaction account. Pre-approvals excluded.The discounted rate is available on eligible loans applied for from 26 November 2021.

Banking Lending products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882 (“Suncorp Bank”) to approved applicants only. Please read the relevant Product Information Document, Lending Fees and Charges and Home Package Plus Terms and Conditions before making a decision regarding any Suncorp Bank products. Fees, charges, terms and conditions apply and are available on request or on our Product Information Documents and Forms page.

Home Package Plus Annual Fee

^ $375 annual package fee will be charged and reimbursed while package is active. Savings based on 30-year loan term. Offer subject to change.

Build it Back Better

+ Cover applies to claims with building damage over $50,000 or 10% of sum insured, whichever is highest. Resilience improvements are tiered according to level of cover up to $10,000. Limits, conditions and exclusions apply. Before buying insurance issued by AAI Limited trading as Suncorp Insurance read the Product Disclosure Statement. The Target Market Determination is also available.

Comparison rate

A comparison rate is a rate that indicates the true cost of a loan. This rate incorporates certain fees and charges that are applicable for the chosen product.

Variable rate

A rate that is variable and is subject to change over the loan term.

Free Safety Net Protection

Quote and purchase online from 16 Oct 2020 - 28 April 2021. Not available with any other offers. Free for first period of insurance. T&C's apply

Substantially Damaged

When your home is substantially damaged by an insured event (meaning the cost for us to repair is at least $50,000 or 10% of your home sum insured, whichever is more). Please Refer to PDS for Full Details.