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Fixed Rate Home Loan

Get repayment and rate certainty. Choose to fix your rate for a loan term of 1, 2, 3 or 5 years.

Apply for pre-approval Book appointment

Our lowest Fixed Rate Home Loan rate with Home Package Plus

Owner Occupied

Discounted 3 Year Fixed Rate in
Home Package Plus (HPP)
New to bank lending >= $150,000
Maximum LVR 90%
Principal and Interest repayments

Investor

‡‡

Discounted 3 Year Fixed Rate in
Home Package Plus
Total lending >= $150,000
Maximum LVR 90%
Principal and Interest repayments

Why choose our Fixed Rate Home Loan?

Repayment and rate certainty

Choice of terms. Set your rate for a term of 1, 2, 3 or 5 years and know your repayments won’t change. Option to lock in rate on application.

Package and save

Combine your home loan, bank account and other Suncorp products and save on interest and fees.

Current offers

Package your loan

Package your Fixed Rate home loan, Standard Variable Rate home loan or Access Equity Line of Credit of $150,000 or more with an Everyday Options Bank Account and enjoy a discounted rate and other savings.

What you get with Home Package Plus

  • Interest rate discounts. Save on your Fixed Rate home loan, Standard Variable Rate home loan or Access Equity Line of Credit.
  • Save on fees. No loan establishment fees, monthly account keeping fees, mortgage offset fee or annual credit card fees.
  • Split Loans. Split your lending needs with a Standard Variable Rate home loan or Access Equity Line of Credit.
  • Save on products. As a part of Home Package Plus you’ll get discounts on select Suncorp Bank and Insurance products.

Find out more

For an annual fee of

$375

Fees

Loan establishment fee

$600 for loans <90% LVR
$990 for loans >= 90% LVR
$0 with Home Package Plus

Account keeping fee

$10 p/m
$0 with Home Package Plus

Mortgage offset fee

$75 one off fee
$0 with Home Package Plus

Lender’s Mortgage Insurance (“LMI”)

Amount and costs determined at application on loans > 80% LVR

Compare all Home Loans

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Frequently Asked Questions

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Call 13 11 55, 8am-6pm (AEST/AEDT)

Things you should know

‡ Discounted 3 Year Fixed Rate with Home Package Plus

Discounted rate special offer is only available for new personal/owner occupied loans taken out as part of the Home Package Plus >= $150,000 and borrowings <= 90% of the security property value (LVR) inclusive of lender’s mortgage insurance (if applicable), with Principal and Interest repayments. The discounted rate (currently 3.49% p.a.) is calculated by subtracting a discount of 0.45% p.a. from the Standard 3 Year Fixed Rate (currently 3.94% p.a.). At the expiry of the 3 Year Fixed Rate Term, the loan will revert to the applicable Standard Variable Rate advertised at the time (currently 5.77% p.a.) less the Home Package Plus discount (currently 1.78% p.a.). The discounted rate is only applicable to the 3 Year Fixed Rate loan while the loan remains in a Home Package Plus. The discounted rate is available on eligible loans applied for from 11 April 2019. Rates and discounts are subject to change. The Standard 3 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. Pre-approvals excluded.

‡‡ Discounted 3 Year Fixed Rate with Home Package Plus

Discounted rate special offer is only available for new investment loans taken out as part of the Home Package Plus >= $150,000 and borrowings <= 90% of the security property value (LVR) inclusive of lender’s mortgage insurance (if applicable), with Principal and Interest repayments. The discounted rate (currently 3.69% p.a.) is calculated by subtracting a discount of 0.45% p.a. from the Standard 3 Year Fixed Rate (currently 4.14% p.a.). At the expiry of the 3 Year Fixed Rate Term, the loan will revert to the applicable Standard Variable Rate advertised at the time (currently 6.24% p.a.) less the Home Package Plus discount (currently 1.95% p.a.). The discounted special offer rate is only applicable to the 3 Year Fixed Rate loan while the loan remains in the Home Package Plus. The discounted special offer rate is available on eligible loans applied for from 11 April 2019. Rates and discounts are subject to change. The Standard 3 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. Pre-approvals excluded. 

1 Refinance Offer
The Refinance Offer is applicable when you apply and settle an Eligible Home Loan with Suncorp Bank. An Eligible Home Loan is an owner occupied home loan that is: (1) applied for between 8 October 2018 – 30 June 2019 and settled by 29 September 2019; (2) refinanced from another financial institution; (3) $250,000 minimum loan refinance with a Loan to Value Ratio of 80% or less; (4) a Standard Variable or 1, 2, 3 or 5 Year Fixed Rate loan in the Home Package Plus (Line of Credit / Access Equity Special Offer is excluded), or Back to Basics Better Together Special; (5) 3 Year Fixed Rate Home Package Plus Special Offer is excluded, except when application is split with another eligible loan product. (6) not established in the name of a company, business or trust. Refinancing of an existing Suncorp Bank home loan or pre-approvals are ineligible for the Refinance Offer. A limit of one (1) payment of $1,500 will be made to a borrower and if there is more than 1 borrower one (1) payment will be made to them jointly. Each borrower, whether individually or jointly, can only ever receive a payment of $1,500 once. If any of the borrowers have received a payment whether individually or jointly under the Refinance Offer previously then no further payments will be made. The $1,500 cash payment will be credited to the linked Everyday Options account which forms part of the Home Package Plus; or to the transaction account linked to the Back to Basics Better Together Special only, within 30 days of the settlement date. Suncorp Bank reserves the right to terminate the 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.

2 First Home buyer – No annual ongoing fee
Is applicable for Owner Occupier first home buyers who have never previously purchased a property. All applicants for the loan must be first home buyers and take out an Eligible Home Loan with Suncorp Bank. An Eligible Loan is a First Home Buyers Special Offer Standard Variable or 5 Year Fixed Rate loan in the Home Package Plus (“Eligible Products”) with a minimum loan amount of $150,000. Provided at least one of the Eligible Products is selected, the loan may be split with (1) Back to Basics Variable Special Offer, (2) 1 Year Fixed Rate Special Offer in Home Package Plus, (3) 2 Year Fixed Rate in Home Package Plus or (4) 3 Year Fixed Rate in Home Package Plus. The annual package fee of $375 will be charged and refunded for the life of the loan, expiring only if the loan is closed or varied out of the product or package. Offer valid from 12/09/2017 and is subject to change without notice and may be withdrawn at any time before a credit contract is entered into. 

3 First Home buyer – cash payment – LMI Insured Loan Offer
Is available to first home buyers with minimum new to bank lending of $150,000 in the Home Package Plus, with Principal and Interest repayments on one or both of the following products: First Home Buyers Standard Variable Special Offer and/or First Home Buyers 5 Year Fixed Rate Special Offer. Offer is valid for applications received on or between 23 January 2019 and 30 June 2019 and settled on or prior to 30 September 2019, with a Loan to Value Ratio of 80% or more on the total lending and where the loan is insured by Lenders Mortgage Insurance (LMI). A limit of one (1) payment of $1,000 will be made to a borrower and if there is more than 1 borrower one (1) payment will be made to them jointly. Each borrower, whether individually or jointly, can only ever receive a payment of $1,000 once. The $1,000 cash payment will be credited to the linked Everyday Options account which forms part of the Home Package Plus within 30 days of the settlement date. Suncorp Bank reserves the right to terminate the offer at any time. Applications subject to credit approval. Full terms and conditions will be included in our loan offer.

4 First Home Buyer Special Offer – Discounted 5 Year Fixed Rate with Home Package Plus 
Discounted rate special offer only available for new Personal/Owner Occupied loans taken out as part of the Home Package Plus >= $150,000 where borrowings <= 95% of the security property value (“LVR”) inclusive of lenders mortgage insurance (where applicable). The discounted rate (currently 3.99% p.a.) is calculated by subtracting a discount of 0.15% p.a. from the Standard 5 Year Fixed Rate (currently 4.14% p.a.) At expiry of the 5 Year Fixed Rate Term, the loan will revert to the applicable Standard Variable Rate advertised at the time (currently 5.77% p.a.) less the Home Package Plus discount (currently 1.78% p.a.). The discounted rate special offer is only applicable to the 5 Year Fixed Rate loan while the loan remains in a Home Package Plus. The discounted rate special offer is available on eligible loans applied for from 21 March 2019 until withdrawn. Rates and discounts are subject to change. The Standard 5 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. Offer available for Owner Occupier first home buyers who have never previously purchased a property; all applicants for the loan must be first home buyers. Pre-approvals and excluded.

5 Home Package Plus – annual fee waiver

Offer is subject to change without notice and may be withdrawn at any time before a credit contract is entered into. 

Other things you should know

Loan to Value Ratio (“LVR”) limits are inclusive of Lenders Mortgage Insurance (LMI) where applicable. A repayment type of interest only is available on loans with an LVR limit <90%. At the expiry of the interest only period, the rate will convert to the applicable Principal &Interest Rate plus or minus any applicable margins specified in your credit contract.

For a full list of rates with discount margins displayed, please view our Home Lending Interest Rate Guide.

# 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.

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 and the 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.

Lenders 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.

Split your loan across fixed and variable rates

You can choose to split your loan and keep a portion of your borrowings at a variable interest rate, allowing you the option to make additional repayments in excess of $500 without penalty /redraw on the variable component

Option to lock in a rate at the time of application

As Fixed Rates are determined at settlement of your loan, our Guaranteed Rate Fee removes this uncertainty by fixing the rate at application for up to 90 days to protect you from unforeseen increases before loan settlement

Principal + Interest or Interest-only repayment options

Interest only repayments subject to credit approval

Fixed Rate

Lock in your interest rate and repayment amount

Variable Rate

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

Split your loan

You can choose to split your loan and fix a portion of your borrowings at a fixed interest rate for greater budgeting certainty. At expiry all fixed rate loans revert to the Standard Variable rate

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.