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Home Loan Refinance

Our lowest variable rate

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.

Loan to Value Ratio (LVR)

LVR means Loan to Value Ratio and is inclusive of Lenders Mortgage Insurance (LMI).

Making repayments

For fixed loans, you can make repayments of up to $500 per month without penalty (find out more about EPIA)

Making repayments

For fixed loans, you can make repayments of up to $500 per month without penalty (find out more about EPIA)

Variable rate

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

Fixed rate

Lock in your interest rate and repayment amount

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.

Redraw

Access extra payments you've made on your home loan using our loan Cashback feature. You will need to apply for this.

Up to $4k Cash Back Boost payment+

Get $3k with a new home loan of $750k to <$1M
with LVR ≤ 90%.

Get $4k with a new home loan of $1M or more
with LVR ≤ 90%.

Apply by 30 November 2022, settle by 28 February 2023. Unless withdrawn prior. 

Save up to $11,250!^

Pay no annual fee for the life of the loan if you take out a new Home Package Plus home
loan of $150k+.

That’s a saving of $11,250 over a 30 year loan.^
 
 

Available with eligible new home loan packages ≥ $150k

 

 

Compare your current home loan 

Find out how much you might be able to save

Your minimum repayments

Sorry, an error occured while retrieving your savings.

Please contact Suncorp to see how you can save.

You could save up to $...

Over your remaining loan term with Suncorp's ... Home Loan


What you get with our ... Home Loan

Variable Rate

Fixed Rate

.% p.a. ...

...

.% p.a. #

Find out more

No loan establishment fee on new loans over $150,000, no monthly account keeping fee and no annual fee.
Make unlimited additional repayments anytime.
Redraw available.

Find out more

$10 account keeping fee.
One-off loan establishment and offset fee.
Optional 100% offset package.
Make unlimited additional repayments anytime.
Receive one free online redraw per calendar month.

Find out more

$10 monthly account keeping fee.
One-off loan establishment fee.
Option to lock in a rate at time of application.
Make additional repayments up to $500 per month during the fixed rate period without incurring an Early Payment Interest Adjustment.

$10 monthly account keeping fee.
One-off loan establishment fee.
Interest is only paid on the amount drawn.
Make deposits any time.
Withdraw funds up to your approved credit limit when you need it.

More on Back To Basics Loans

No loan establishment fee on new loans over $150,000, no monthly account keeping fee and no annual fee.
Make unlimited additional repayments anytime.
Redraw available.
Link with a fee free Everyday Options Account.

Talk to a home loan expert

More on Standard Variable Loans

No monthly account keeping, loan establishment & mortgage offset fee as part of Home Package Plus.
Optional 100% offset package.
Make unlimited additional repayments anytime.
Receive one free online redraw per calendar month.

Talk to a home loan expert

More on Fixed Loans

No monthly account keeping & loan establishment fee as part of Home Package Plus.
Option to lock in a rate at time of application.
Make additional repayments up to $500 per month during the fixed rate period without incurring an Early Payment Interest Adjustment.

Talk to a home loan expert

No monthly account keeping & establishment fee as part of Home Package Plus.
Interest is only paid on the amount drawn.
Make deposits any time.
Withdraw funds up to your approved credit limit when you need it.

Thanks for comparing your home loan with Suncorp


Unfortunately, we cannot offer this rate for a loan under $150,000.

If the home loan details you've entered are accurate, our calculator indicates that you might be better off staying put. It pays to be thorough though, because even a small difference can save you big bucks in the long-term. So, ensure you're getting the best deal possible by speaking to an experienced Home Loan Specialist.

If you're an investor with interest only repayments, then our calculator may not provide you with the level of detail you're after. If that's the case, it might be best to speak to a real person.

Our Home Loan Specialists are always happy to help. Give us a call on 13 11 55 and we'll make sure you're getting the most out of your home loan.

Don't have time to chat right now? Simply fill in our Home Loan Enquiry Form and we'll get back to you within 48 hours. 

Thanks for comparing your home loan with Suncorp


It appears as if you're already on a competitive rate.

If the home loan details you've entered are accurate, our calculator indicates that you might be better off staying put. It pays to be thorough though, because even a small difference can save you big bucks in the long-term. So, ensure you're getting the best deal possible by speaking to an experienced Home Loan Specialist.

If you're an investor with interest only repayments, then our calculator may not provide you with the level of detail you're after. If that's the case, it might be best to speak to a real person.

Our Home Loan Specialists are always happy to help. Give us a call on 13 11 55 and we'll make sure you're getting the most out of your home loan.

Don't have time to chat right now? Simply fill in our Home Loan Enquiry Form and we'll get back to you within 48 hours. 

Thanks for comparing your home loan with Suncorp


Sorry, our minimum borrowing amount for a home loan is $10,000.

If the home loan details you've entered are accurate, our calculator indicates that you might be better off staying put. However if you’d like to ensure you're getting the best deal possible, you can speak to an experienced Home Loan Specialist for more information.

Give us a call on 13 11 55 and we'll make sure you're getting the most out of your home loan.

If you don't have time to chat right now, simply fill in our Home Loan Enquiry Form and we'll get back to you within 48 hours. 

The effective date of any interest rates is 17 June 2022 unless shown otherwise within interest rate terms and conditions.

We make switching easy

Step 1

Get started online
or request a call back

You can apply online for refinancing in about 10 minutes.

Apply for refinance

or

Discuss your refinancing needs with a home lending specialist.

Talk to a home loan expert

Step 2

A helping hand

Whether you apply online or request a call back, you’ll be contacted by a Suncorp home loan expert within 24 hours (or the next business day).

All consultations are 100% obligation-free. If you decide Suncorp Bank is the right fit, they’ll help you through every step of the refinance process.

Sun self-service step 3

Settle & start saving

On approval of your refinance application, we'll send you a loan contract. 

Once you’ve signed and returned the contract, your lending specialist will support you straight through to settlement.  

We’ve got your refinancing covered

We offer a range of home loans with highly competitive rates, flexible repayments & a dedicated home lending specialist

Award winning

Winner of Money magazine Bank of the Year 2018, 2019, 2020 & 2021. Suncorp has a trusted reputation dating back to 1902 with commitment to supporting the communities in which we operate.

Flexibility & control

A great range of home loans with flexible repayment options. Plus we make managing your loan easy with our award winning mobile app.

Personal service

One point of contact throughout your refinancing journey, keeping you up to date every step of the way.

The value of refinancing

Suncorp Bank’s Amber Nijenhuis explains how our home lending experts can help you calculate your potential refinancing savings and make the refinancing process as simple and fast as possible.

Chat to us today, we’re here to help

Apply for refinance online

You could save thousands by switching your home loan to Suncorp. Apply online below - it only takes around 10 minutes!

100% obligation free advice

Our experienced home lending team are happy to answer all your questions. They'll call you within 24 hours to discuss your home lending needs.

If you’d like to speak to someone straightaway, please call 13 11 55 Mon-Fri 8am-7pm and Sat-Sun 9am-5pm (AEST)

# COMPARISON RATE:

A comparison rate is a rate that indicates the true cost of a loan. This comparison rate is based on $150,000 over a term of 25 years and incorporates certain fees and charges that are applicable for the chosen product.

WARNING: This comparison rate applies 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.

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.

*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 2.72% p.a.) is calculated by subtracting a discount of 2.43% from the Standard Back to Basics Variable Rate (currently 5.15% 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 17 June 2022.

+ Cash Back Boost Payment

To approved applicants only. In addition to the conditions listed above, the Cash Back Boost Payment is only available when you are approved for and settle an eligible Suncorp Bank Home Loan which must meet the following criteria: (1) the Loan forms part of new lending of at least $750,000 - $999,999 to receive a $3,000 payment; or $1,000,000 and over to receive a $4,000 payment (2) the Loan to Value Ratio, including Lenders Mortgage Insurance where applicable, is less than or equal to 90%; and (3) a Suncorp Bank transaction account is held in the name of the Borrower or all Borrowers, if there is more than one individual Borrower. Pre-approvals, increases to existing loans or refinances of an existing Suncorp Bank home loan are not eligible. The Cash Back Boost Payment cannot be used in conjunction with any other cash offer. If you are eligible, a cash back payment of $3,000 or $4,000 will be made to the Borrower. A limit of 1 payment of either $3,000 or $4,000 will be made to a Borrower, whether individually or jointly, in respect of all loans held with Suncorp Bank. If there is more than 1 Borrower only 1 payment will be made to those Borrowers jointly. If this Loan is eligible, payment will be credited to a Suncorp Bank transaction account in the name of the Borrower or all Borrowers, (if there is more than one individual Borrower) within 60 days of the settlement date of the Loan. Fees, and charges may be applicable. Full terms and conditions will be included in our loan offer. Depending on your financial circumstances, you should obtain independent advice before making any decisions regarding any cash offers made by Suncorp Bank.

See what you could save

** Potential savings are calculated using the information you have provided. Please note that the savings displaying are indicative only and do not represent the Bank making an offer of credit. All calculations assume that the interest rate and loan term will remain unchanged and you will make principal and interest repayments for the remaining loan term. Each calendar year has the following periods – 12 months, 26 fortnights and 52 weeks. No fees or charges have been factored into the above interest saving calculation. Please refer to Lending Fees and Charges for all applicable fees. If you have supplied your current interest rate, then total interest over the life of the loan is calculated by applying your interest rate to the amount still owing on your loan over the remaining loan term. If you have supplied your minimum repayment amount, then total interest over the life of the loan is calculated by subtracting the amount still owing on your loan from the total of all payments made in the remaining loan term. Potential interest savings are calculated by comparing the information you have provided to the above variable or fixed interest rates.

Banking 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.

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Loan to Value Ratio (LVR)

LVR means Loan to Value Ratio and is inclusive of Lenders Mortgage Insurance (LMI).

Making repayments

For fixed loans, you can make repayments of up to $500 per month without penalty (find out more about EPIA)

Making repayments

For fixed loans, you can make repayments of up to $500 per month without penalty (find out more about EPIA)

Variable rate

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

Fixed rate

Lock in your interest rate and repayment amount

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.

Redraw

Access extra payments you've made on your home loan using our loan Cashback feature. You will need to apply for this.

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