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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 offers on other financial product and services

Home, Landlord and/or Contents Insurance

Receive a discount of up to 20% off the first year’s annual premium on new to Suncorp Home, Landlord and/or Contents insurance policies

More info: Home, Landlord and/or Contents Insurance

Motor Insurance

Receive a discount of up to 10% off the first year’s annual premium on new to Suncorp Motor insurance policies

More info: Motor Insurance

Eligible Credit Cards

Pay no Annual Card fee on new Suncorp Bank Platinum, Gold or Standard Credit Cards.

More info: Credit Cards

Eligible Personal Loan

Pay no Establishment Fee or Monthly Account Keeping Fees.
0.50% p.a. margin off new Suncorp Bank Personal Loan rates.

More info: Personal Loans

Share Trading

Access to Discounted Brokerage Fees 

More info: Suncorp Share Trade.

Please refer to the Home Package Plus Terms and Conditions booklet for the full terms and conditions.

Our Special Offers, Package and Standard rates explained

Home Package Plus Special Offer eligibility: For customers with eligible new home lending over $150,000

Home Package Plus First Home Buyer Special Offer eligibility: 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 eligibility: For customer with eligible home lending over $150,000, which can be a combination of existing and new lending

Home Package Plus interest rates: Are inclusive of a discount margin which is deducted from the Standard Interest Rate`

Standard Interest Rate eligibility: For customers without a package and minimum lending requirement is only $10,000

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.

Interest Rates

Fees

Special offers on fees

For New Home Package Plus customers – Annual fee refund We will refund the annual package fee for the first year saving you $375!

For First Home Buyers – No ongoing fee for the life of the loan∇∇: We'll refund the annual $375 Home Package Plus fee for the life of the loan saving you up to $11,250 over a 30 year loan.

Description

  Fee

Home Package Plus Fee

$375 annually for Standard Variable Home Loans included in the Home Package Plus

Account Keeping Fee

$10 per month

$0 where loan included in Home Package Plus

   $10 per month

   $0 where loan included in Home Package Plus

   $10 per month

   $0 where loan included in Home Package Plus

   $10 per month

   $0 where loan included in Home Package Plus

Loan Establishment Fee

$600 for loans < 90% LVR

$990 for loans >= 90% LVR

$0 where loan included in Home Package Plus 

Amount determined at application on loans > 80% LVR

Mortgage Offset Fee

$75 one-off
$0 where loan included in Home Package Plus

Receive a $2,000 Cash Bonus!

Available when you take out a Home Package Plus home loan of $250,000 or more.

Apply by 13 December 2019, settle by 5 March 2020.^^

See Things you should know for more detail.

Talk to a home lending specialist

Apply for Home Loan Pre-Approval

Find out how much you may be able to borrow so you can make an offer on a property with more confidence.

Try out our repayment calculator today

Contact us to find out more

Book a visit with one of our friendly lenders

Compare Home Loans

Discounted Standard Variable Rate with Home Package Plus

+Discounted rate is only available for new Personal/Owner Occupied loans taken out as part of the Home Package Plus Special Offer >= $150,000 and borrowings <= 80% of the security property value (LVR) inclusive of lenders mortgage insurance (if applicable), with Principal and Interest repayments. The discounted rate (3.44% p.a.) is calculated by subtracting a discount of 1.79% from the Standard, Standard Variable Rate (currently 5.23% p.a.). The discounted rate is only applicable to the Standard Variable loan while the loan remains in a Home Package Plus. The discounted rate is available on eligible loans applied for from 18 October 2019. Rates and discounts are subject to change. Pre-approvals excluded.

Discounted Standard Variable Investment Rate with Home Package Plus

++Discounted rate is only available for new Investment 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 lenders mortgage insurance (if applicable), with Principal and Interest repayments. The discounted rate (currently 3.74% p.a.) is calculated by subtracting a discount of 1.96% from the Standard, Standard Variable Rate (currently 5.70% p.a.). The discounted rate is only applicable to the Standard Variable loan while the loan remains in a Home Package Plus. The discounted rate is available on eligible loans applied for from 18 October 2019. Rates and discounts are subject to change. Pre-approvals excluded.

∇ Home Package Plus – annual fee waiver

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.

∇ ∇ Home Package Plus – ongoing annual fee waiver

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 home loan is a First Home Buyers Standard Variable Special Offer or First Home Buyers 5 Year Fixed Rate Special Offer with minimum new home lending in the Home Package Plus of $150,000. 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.

^^ $2,000 Cash Bonus

The Home Loan Cash Bonus (the “Cash Bonus”) is applicable when you are approved for and settle an Eligible Home Loan with Suncorp Bank. An Eligible Home Loan is a home loan that is: (1) applied for between 2 September – 13 December 2019 and settled by 5 March 2020; (2) a loan amount of at least $250,000 in new to bank lending with a Loan to Value Ratio of 90% or less; (3) Purchase or Refinance , for Owner Occupied or Investment purposes (4) a Standard Variable or 1, 2, 3 or 5 Year Fixed Rate loan in the Home Package Plus; (5) Back to Basics & Line of Credit / Access Equity is excluded, except when application is split with another eligible loan product of at least $250,000; (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 Cash Bonus. The Cash Bonus cannot be taken in conjunction with “Switch & Save” Offer or any other cash promotional offer, unless expressly stated otherwise. A limit of one (1) payment of $2,000 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 $2,000 once. If any of the borrowers have received a payment whether individually or jointly under the Cash Bonus previously then no further payments will be made. The $2,000 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 vary or withdraw the Cash Bonus 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 the Cash Bonus.

Other things you should know

^ 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.

` 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.

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. For more information about the comparison rate and the comparison rate warning, please refer to the things you should know section of this page.