Home Loans provided to approved applicants only. Credit and lending criteria applies and is subject to change without notice.
^ Advertised rate valid from 08 February 2017, is subject to change without notice and may be withdrawn at any time before a credit contract is entered into. Rate available for new owner-occupied loans of at least $150,000 where borrowings are less than or equal to 90% of the security property value (“LVR”) inclusive of lenders mortgage insurance. Rate includes a 1.09% p.a. discount applied to the Bank’s Back to Basics interest rate for owner-occupied lending (currently 4.97% p.a.). Discount may be varied if the loan purpose is changed before settlement or where the borrower fails to hold a Suncorp Bank transaction account. New loans only, pre-approvals and investment lending excluded.
^^ Advertised rate valid from 08 February 2017, is subject to change without notice and may be withdrawn at any time before a credit contract is entered into. Rate available for new investment loans of at least $150,000 where borrowings are less than 90% of the security property value (“LVR”) inclusive of lenders mortgage insurance. Rate includes a 0.95% p.a. discount applied to the Bank’s Back to Basics interest rate for investment lending (currently 5.24% p.a.). Discount may be varied if the loan purpose is changed before settlement or where the borrower fails to hold a Suncorp Bank transaction account. New loans only, pre-approvals and owner-occupied lending excluded.
# Each comparison rate is based on $150,000 over 25 years. WARNING: 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.
1. Offers not available online & only available with Better Together Offer on relevant property. Up to 20% discount applies to any new Suncorp Home or Home & Contents or Landlord insurance policy. The discounts are off our usual premium. If you are eligible for more than one discount on a particular policy we apply each in a predetermined order to the already discounted premium. Taxes and charges are usually added after discounts are applied. Minimum premiums may apply. Offer available for new policies only and not on current or subsequent renewals. Insurance issued by AAI Limited ABN 48 005 297 807 trading as Suncorp Insurance. Conditions and exclusions apply. Please read the relevant Product Disclosure Statement before you make any decisions regarding these products. Contact us for a copy.
* Interest rates and discounts are subject to change without notice. Discount margins may be withdrawn at any time before a contract is entered into. Back to Basics discounts are applied to the Back to Basics rate applicable on the date of settlement. To be eligible for the Better Together bundle discount an Everyday Basics account must be established, unless an alternative Suncorp Bank transaction account is already held. Everyday Basics Accounts are issued by Suncorp Bank ABN 66 010 831 722. Please read the relevant Product Information Document for Suncorp Bank Personal Deposit Accounts and the Terms and Conditions for Suncorp Accounts before making any decision regarding this product. These documents are also available at Suncorp Bank branches or at suncorpbank.com.au/documents.
Loans are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”). To approved applicants only. Fees, charges, terms and conditions apply and are available on request.
Lender's Mortgage Insurance (LMI)
If you are borrowing more than 80% of the value of the property, you will be required to pay Lenders Mortgage Insurance. This is a one-off payment and can be financed into the loan.
Lenders Mortgage Insurance protects Suncorp Bank against loss in the event of a forced sale of a mortgage property. It does not insure you but may make it possible for you to buy a home with a smaller deposit. You will still be responsible for all amounts owing in relation to your loan.
Lock in your interest rate and repayment amount
A rate that is variable and is subject to change over the loan term.
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.