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Home Loan Refinance

Switching to Suncorp could save you thousands

Check out our latest offersCheck out our latest offers

See what you could save

Enter your current loan details in our refinancing calculator

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

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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.

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.
Link with a fee free Everyday Options Account.

Find out more

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.

Find out more

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.

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. 

Talk to your own home loan specialist Request a call back

 

The effective date of any interest rates is 31 August 2021 unless shown otherwise within interest rate terms and conditions.

Lock in a sweeter deal

Limited time offer

Save up to $11,250!*

Suncorp Bank will reimburse the Home Package Plus annual fee for the life of the loan.*

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

Available to eligible new home loan package ≥ $150K

Interest rate offer

Our lowest ever advertised 2 Year Fixed Rate home loan

Discounted 2 Year Fixed Rate in Home Package Plus (HPP). Owner Occupied. New to bank lending in the HPP >= $150,000. Maximum LVR 80%. Principal and Interest repayments.

Refinancing - cash back payment

Receive $3,000 cash!+

Refinance to a Suncorp Bank home loan of $750K or more with LVR ≤ 90%.

Apply by 30 November 2021, settle by 28 February 2022. Unless withdrawn prior.

 

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.

Discounts

Get discounts on groceries and petrol. Customers have already saved more than $3 million with Suncorp Benefits.^^

Personal service

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

We make switching easy

Step 1

Get in touch

One of our home lending experts will be in touch within 24 hrs (or the next business day) to answer your questions and discuss your refinancing needs.

Talk to a home loan expert

Step 2

A helping hand

All consultations with our home lending experts are 100% obligation-free.

If you decide Suncorp Bank is the right fit for you, they’ll help every step of the way through the home loan refinance process.

Sun self-service step 3

Settle & start saving

On approval of your home loan refinance application, we will send you a loan contract to sign and return.

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.

# 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.

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 2 Year Fixed Rate in Home Package Plus

^ The discounted rate (currently 1.89% p.a.) is calculated by subtracting a discount of 0.45% from the Standard 2 Year Fixed Rate (currently 2.34% p.a.) and only applicable while the loan remains in the Home Package Plus. At expiry of the 2 Year Fixed Rate Term, the loan will revert to the applicable Standard Variable Rate advertised at the time (currently 4.98% p.a.) less the Home Package Plus discount (currently 2.44% p.a.). LVR means Loan to Value Ratio, stated above & inclusive of Lenders Mortgage Insurance (LMI). Refinance of existing Suncorp Bank loans and pre-approvals are excluded. The Standard 2 Year Fixed Rate applicable on the day of settlement of the loan will be used to calculate the applicable discounted fixed rate unless the rate has been secured by paying a Guaranteed Rate Fee, which must be selected at time of loan application. Current standard fixed rates and discounts are subject to change without notice. This limited time offer is valid from 19 August 2021 and Suncorp Bank reserves the right to vary or withdraw this offer at any time. Please refer to the Home Package Plus Terms and Conditions booklet for full Terms and Conditions of the Package.

$3,000 Refinance Offer 

+ In addition to the conditions listed above, the $3,000 Refinance Offer is only available when you are approved for and settle an Eligible Home Loan with Suncorp Bank which must also meet the following criteria: (1) the Loan forms part of new refinanced lending of at least $750,000; (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, or refinances of an existing Suncorp Bank home loan are not eligible. The $3,000 Refinance Offer cannot be used in conjunction with any other cash offer. If you are eligible, a cash back payment of $3,000 will be made to the Borrower. 

A limit of 1 payment will be made to a Borrower. If there is more than 1 Borrower only 1 payment will be made to those Borrowers jointly. Each borrower, whether individually or jointly, can only ever receive the $3,000 Refinance Offer once. If any of the Borrowers have received a payment whether individually or jointly under the $3,000 Refinance Offer previously then no further payments will be made. If this Loan is eligible that 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 this Loan. 

Suncorp Bank reserves the right to vary or withdraw the $3,000 Refinance Offer at any time. Applications subject to credit approval. 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.

Suncorp Benefits

^^ Correct as at May 23, 2019. The Reward and Recognition program ("Suncorp Benefits") is being operated by Loyalty Corp Australia Services Pty Ltd ABN 39 615 958 873. To be eligible for Suncorp Benefits you must hold a current eligible personal policy or service with Suncorp or an eligible personal product or service from one of the brands in the Suncorp Network. Full Terms and Conditions are available here. Eligibility criteria and limits apply

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.

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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