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Home Package Plus

Save with our fully featured Home Package Plus. A package that combines your eligible home loan, transaction account and other Suncorp products in a single package for a low annual fee. 

Current Offers

Owner-occupied Rates

+

Discounted Standard Variable Rate in Home Package Plus
New to bank lending >= $150,000 
Maximum LVR 90%
Principal and Interest repayments 

Investor Rates

++

Discounted Standard Variable Rate in Home Package Plus
New to bank lending >= $150,000
Maximum LVR 90%
Principal and Interest repayments 

How it works

Step 2

Combine borrowings of $150,000 or more with an Everyday Options bank account to get a discounted interest rate on the loan, pay $0 loan establishment fee and $0 monthly account keeping fees!

optional

Save with special offers on other financial product and services

Home & Contents Insurance

Receive your first 12 months home and/or contents insurance with Suncorp for the price of 11 months. You may also be eligible for further multi policy discount.

Credit Cards

Pay no annual fee and no additional cardholder fee on new Suncorp Bank Platinum, Gold or Standard Credit Cards for as long as you remain a Home Package Plus customer.

Personal Loan

Pay no upfront Loan Establishment Fee or monthly Account Keeping Fees on new Suncorp Bank personal loans.

Share Trading

Access to discounted brokerage rates with our simple online trading tool, Suncorp Share Trade.

Margin Loans

Receive interest rate discounts on Fixed and Variable Rate Margin Loans.

Financial Planning

Complimentary consultation with a Suncorp Bank Financial Planner.

Our Special Offers, Package and Standard rates explained

Special Offer: For customers with eligible new home lending over $150,000
First Home Buyer Special Offer: For Owner Occupier first home buyers who have never previously purchased a property with eligible new Home Lending of over $150,000
Home Package Plus: For customer with eligible home lending over $150,000, which can be a combination of existing and new lending
Standard Interest Rate: For customers without a package and minimum lending requirement is only $10,000

Interest rates quoted below are inclusive of a discount margin which is deducted from the Standard Interest Rate`

Home Package Plus – Fee Special Offers

  1. Home Package Plus annual Package fee waived for the first year - save $375
  2. Home Package Plus First Home Buyers Special Offers - Home Package Plus fee waiver ∇∇
    Suncorp are currently offering a life of the loan waiver of the $375 annual Home Package Plus fee with savings of up to $11,250! ∇∇ (Savings based over a 30 year loan term)

Interest Rates

Fees

Description

Fee

Home Package Plus Fee

$375 per annum

Establishment Fee

$0 (normally $600 - $990 depending on LVR)

Monthly Account keeping fee

$0 (normally $10 per month)

Renegotiation fee

$0 (normally $300 per renegotiation)

Mortgage offset fee
(available on Standard Variable Home Loans only)

$0 (normally $75)

Amount determined at application on loans > 80% LVR

Try out our repayment calculator today

Contact us to find out more

Book a visit with one of our friendly lenders

Compare Home Loans

+ Advertised rate valid from 12 September 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 personal/owner-occupied purpose 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 Principal and Interest (P/I) Package Variable Discount of 1.76% p.a. applied to the Bank’s P/I Standard Variable Rate for personal/owner-occupied lending (currently 5.55% p.a.). P/I discount is applied for as long as the loan remains part of the Home Package Plus and repayment type is P/I. The discount may be varied if the loan purpose or repayment type is changed before settlement. Interest Only, pre-approvals & investment lending excluded.

++ Advertised rate valid from 1 November 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 purpose loans of at least $150,000 where borrowings are less than 90% of the security property value. Rate includes a P/I Package Variable Discount of 1.55% p.a. applied to the Bank’s P/I Standard Variable Rate for investment lending (currently 5.99% p.a.). P/I discount is applied for as long as the loan remains part of the Home Package Plus and repayment type is P/I. The discount may be varied if the loan purpose is changed before settlement. Interest Only, pre-approvals excluded.

The Home Package Plus (HPP) Discounts are applied for as long as the home loan remains part of the Home Package Plus. Interest rates and discounts are subject to change without notice. Discount margins may be withdrawn at any time before a contract is entered into. Discounts are applied to the applicable Standard Interest Rate at the day Settlement.

 Offer valid from 27/03/2017 until withdrawn. The first annual package fee is waived for new Home Package Plus customers with new lending of at least $150,000. The annual package fee of $375 is charged and refunded to the loan. Offer is subject to change without notice and may be withdrawn at any time before a credit contract is entered into.

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

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 P&I interest rate plus or minus any applicable margins specified in your credit contract.

^ The standard Fixed Rate offered on the day of settlement of the loan will apply unless the rate is secured by paying a Guaranteed Rate Fee. At expiry of the fixed rate period, the rate will revert to the applicable Standard Variable Interest Rate less any applicable margin discount specified in your credit contract. The Interest Only period on a Fixed Rate must equal the Fixed Rate term.

# 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. Comparison rates for Interest Only Fixed Rate home loans are based on an initial Interest Only period equal in length to the fixed. 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 for Suncorp Bank Personal Deposit Accounts and the Terms and Conditions for Suncorp Accounts before making a decision regarding a Suncorp Bank transaction account. Fees, charges, terms and conditions apply and are available on request or at suncorp.com.au/banking/help-support/documents-forms.

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.

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.

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.