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Access Equity Line of Credit 

Use the equity in your home to access a line of credit to fund things like renovations or buying investment property

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Our lowest Line of Credit rate with Home Package Plus


Discounted Access Equity variable rate in Home Package Plus
New to bank lending >= $150,000
Maximum LVR 90%

Why choose our Access Equity Line of Credit?

Approved limit

Use the equity in your home to establish a line of credit. When you pay the loan down, you can reaccess these funds to the approved credit limit.

Accessibility and flexibility

The funds can be withdrawn like a bank account, using a Visa Debit card or EFTPOS card, with interest paid only on the amount drawn. Make payments whenever it suits you as long as you remain within your approved limit.

Current offers

Package your loan

Package your Access Equity Line of Credit, Standard Variable Rate home loan or Fixed Rate home loan 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 Standard Variable Rate home loan, Fixed 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 Fixed Rate home loan.
  • 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



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

Lender’s Mortgage Insurance (“LMI”)

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

Compare all Home Loans

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Home Loan Repayment Calculator

Use our Home Loan Repayment calculator to get an idea of your your weekly, fortnightly or monthly repayments

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Discounted Access Equity Line of Credit with Home Package Plus
°°Discounted rate is only available for loans taken out as part of the Home Package Plus Special Offer >= $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 3.79% p.a.) is calculated by subtracting a discount of 2.11% p.a. from the Standard Access Equity (Line of Credit) Rate (currently 5.90% p.a.). The discounted rate special offer is available on eligible loans applied for from 4 December 2019. Rates and discounts are subject to change.

1 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. 

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.

Variable rates

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 and may differ to the Access Equity variable interest rate

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

Variable Rate

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