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Home Loan Refinance

Receive up to $3,000 Cash Bonus

when you refinance to an eligible Suncorp Bank home loan1

Limited time offer

Available on the following home loans:

  • Personal/Owner Occupied and Investment home loans.
  • Principal and Interest or Interest Only repayments.
  • All home loan products.

For new refinancers who apply by 18 December 2020 and settle by 26 March 2021.

How much are you eligible for?

OR OR OR OR

Loan to Value Ratio (LVR)

LVR means Loan to Value Ratio and is inclusive of Lenders Mortgage Insurance (LMI).

$2,000 Refinance Cash Bonus1

where the total refinanced amount to Suncorp Bank is between $250,000 - $749,999.99 & LVR of <= 90%.

Loan to Value Ratio (LVR)

LVR means Loan to Value Ratio and is inclusive of Lenders Mortgage Insurance (LMI).

$3,000 Refinance Cash Bonus1

where the total refinanced amount to Suncorp Bank exceeds $750,000 & LVR of <= 90%.

See what you could save

Enter your current loan details

Your minimum repayments

Sorry, an error occured while retrieving your savings.

Please contact Suncorp to see how you can save.

You could save up to $...

Over your remaining loan term with Suncorp's ... Home Loan


What you get with our ... Home Loan

No monthly account keeping fee.
No Loan Establishment Fee on new lending of $150,000 or more.
Make additional repayments anytime.
Receive one free online redraw per calendar month.

$10 account keeping fee.
One-off loan establishment and offset fee.
100% Home Loan Offset facility.
Make additional repayments anytime.
Receive one free online redraw per calendar month.

$10 monthly account keeping fee.
One-off loan establishment fee.
Option to lock in a rate at time of application.
Make additional repayments up to $500/month without penalty.

$10 monthly account keeping fee.
One-off loan establishment fee.
Interest is only paid on the amount drawn.
Make deposits any time.
Withdraw funds up to your approved credit limit when you need it.

No monthly account keeping fee.
No Loan Establishment Fee on new lending of $150,000 or more.
Make additional repayments anytime.
Receive one free online redraw per calendar month.
Combined with a fee free Everyday Basics Bank Account.

No monthly account keeping, loan establishment & mortgage offset fee as part of Home Package Plus.
100% Home Loan Offset facility.
Make additional repayments anytime.
Receive one free online redraw per calendar month.

No monthly account keeping & loan establishment fee as part of Home Package Plus.
Option to lock in a rate at time of application.
Make additional repayments up to $500/month without penalty.

No monthly account keeping & establishment fee as part of Home Package Plus.
Interest is only paid on the amount drawn.
Make deposits any time.
Withdraw funds up to your approved credit limit when you need it.

Thanks for comparing your home loan with Suncorp


Unfortunately, we cannot offer this rate for a loan under $150,000.

If the home loan details you've entered are accurate, our calculator indicates that you might be better off staying put. It pays to be thorough though, because even a small difference can save you big bucks in the long-term. So, ensure you're getting the best deal possible by speaking to an experienced Home Loan Specialist.

If you're an investor with interest only repayments, then our calculator may not provide you with the level of detail you're after. If that's the case, it might be best to speak to a real person.

Our Home Loan Specialists are always happy to help. Give us a call on 13 11 55 and we'll make sure you're getting the most out of your home loan.

Don't have time to chat right now? Simply fill in our Home Loan Enquiry Form and we'll get back to you within 48 hours. 

Thanks for comparing your home loan with Suncorp


It appears as if you're already on a competitive rate.

If the home loan details you've entered are accurate, our calculator indicates that you might be better off staying put. It pays to be thorough though, because even a small difference can save you big bucks in the long-term. So, ensure you're getting the best deal possible by speaking to an experienced Home Loan Specialist.

If you're an investor with interest only repayments, then our calculator may not provide you with the level of detail you're after. If that's the case, it might be best to speak to a real person.

Our Home Loan Specialists are always happy to help. Give us a call on 13 11 55 and we'll make sure you're getting the most out of your home loan.

Don't have time to chat right now? Simply fill in our Home Loan Enquiry Form and we'll get back to you within 48 hours. 

Thanks for comparing your home loan with Suncorp


Sorry, our minimum borrowing amount for a home loan is $10,000.

If the home loan details you've entered are accurate, our calculator indicates that you might be better off staying put. However if you’d like to ensure you're getting the best deal possible, you can speak to an experienced Home Loan Specialist for more information.

Give us a call on 13 11 55 and we'll make sure you're getting the most out of your home loan.

If you don't have time to chat right now, simply fill in our Home Loan Enquiry Form and we'll get back to you within 48 hours. 

Sound good? Book an appointment or call 13 11 55 Mon-Fri 8am-7pm

 

The effective date of any interest rates is 3 September 2020 unless shown otherwise within interest rate terms and conditions.

Calculate your repayments or view all of our home loan interest rates

Limited time interest rate offer

Making the switch could save you thousands

Discounted 2 Year Fixed Rate in Home Package Plus (HPP). Owner Occupied. New to bank lending in the HPP >= $150,000. Maximum LVR 90%. Principal and Interest repayments.

We’ve got you covered

We offer a range of home loans with highly competitive rates, flexible repayments & a dedicated home lending specialist

Award winning

Winner of Money Magazine bank of the year 2018, 2019 & 2020. Suncorp has a trusted reputation dating back to 1902 with commitment to supporting the communities in which we operate.

Flexibility & control

A great range of home loans with flexible repayment options. Plus we make managing your loan easy with our award winning mobile app.

Discounts

Get discounts on groceries and petrol. Customers have already saved more than $3 million with Suncorp Benefits.^^

Personalised service

One point of contact throughout your home loan journey, keeping you up to date every step of the way.

We make switching easy

Sun self-service step 1

Get in touch

Fill in the below form & one of our home lending specialists will be in touch within 24hrs (or next business day) to discuss your home lending needs.

Book an appointment

Sun self-service step 2

A helping hand

Your dedicated home lending specialist will answer any questions you may have.  And if you decide Suncorp Bank is the right fit for you, they will help every step of the way through the home loan refinance process.

Sun self-service step 3

Settle & start saving

On approval of your loan application, we will send you a loan contract to sign and return.

The value of refinancing

Perhaps you’re looking to renovate your home or invest in property. Consolidate multiple debts into one. Or you might just be after a better deal. Let’s look at the value of refinancing.

Suncorp is a proud partner of Channel 9's The Block

Use our renovation calculator, powered by Corelogic, to get an idea of how much you may need to complete your renovation3

Chat to us today, we’re here to help

Apply for refinance online

You could save thousands by switching your home loan to Suncorp. Apply online below - it only takes around 10 minutes!

100% obligation free advice

Our experienced home lending team are happy to answer all your questions. They'll call you within 24 hours to discuss your home lending needs.

# 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.

Refinance Cash Bonus Offer

1 In addition to the conditions listed above, the Refinance Cash Bonus Offer is only available when you are approved for and settle an Eligible Home Loan with Suncorp Bank which must also meet the following criteria: (1) Pre-approvals must be fully approved before 18 December 2020(2) cannot be a refinance of an existing Suncorp Bank home loan; (3) where total refinance amount to Suncorp Bank is (i) between of $250,000 – $749,999.99, a payment of $2,000 will be made to the borrower; or (ii) where the total refinance amount exceeds $750,000, a payment of $3,000 will be made to the borrower. Limit of one payment per borrower regardless of the number applications which may be eligible. If there is more than one individual borrower, only one payment will be made to them jointly. The customer must hold a Suncorp transaction account held in the name of all borrowers to be eligible for the offer, if one is not held, one will be opened with payment credited within 60 days of the settlement date.

Frontline Extra Cash Bonus

2 If you meet the Refinance Cash Bonus Offer terms and conditions (set out above), AND are also a frontline worker during COVID-19 listed in the eligible occupation list (available for download here) determined solely by Suncorp Bank, you may also qualify for the Frontline Extra Cash Bonus Offer. If eligible, you will receive $1,000 in addition to the applicable Refinance Cash Bonus Offer payment set out in 1 above and subject to meeting the eligibility criteria set out above. Limit of one extra payment per borrower regardless of the number applications which may be eligible for the Frontline Extra Cash Offer. If there is more than one individual borrower, only one extra payment will be made to them jointly. The customer must hold a Suncorp transaction account held in the name of all borrowers to be eligible for the offer, if one is not held, one will be opened with payment credited within 60 days of the settlement date.

If required, Suncorp Bank may request confirmation that a borrower is currently working as frontline worker as per the Eligible Occupation Types.

Suncorp Bank reserves the right to vary or withdraw the Refinance Cash Bonus Offer or the Frontline Extra Cash Bonus 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. Depending on your financial circumstances, you should obtain independent advice before making any decisions regarding any cash bonus offers made by Suncorp Bank.

Renovation Calculator

3 The Renovation Calculator is hosted and operated by RP Data Pty Ltd, trading as CoreLogic Asia Pacific (“CoreLogic”). Estimated renovation costs are indicative only and do not represent Suncorp-Metway Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882 ("Suncorp Bank") making an offer of credit or providing loan approval. Suncorp Bank does not accept any legal responsibility for any loss incurred as a result of reliance upon this tool - please make your own enquiries."

Discounted 2 Year Fixed Rate in Home Package Plus

^ The discounted rate (currently 2.29% p.a.) is calculated by subtracting a discount of 0.45% from the Standard 2 Year Fixed Rate (currently 2.74% p.a.) and only applicable while the loan remains in the Home Package Plus. At expiry of the 2 Year Fixed Rate Term, the loan will revert to the applicable Standard Variable Rate advertised at the time (currently 4.98% p.a.) less the Home Package Plus discount (currently 1.99% p.a.). LVR means Loan to Value Ratio, stated above & inclusive of Lenders Mortgage Insurance (LMI). Refinance of existing Suncorp Bank loans and pre-approvals are excluded. The Standard 2 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. Current standard fixed rates and discounts are subject to change without notice. This limited time offer is valid from 3 September 2020 and Suncorp Bank reserves the right to vary or withdraw this offer at any time.
Please refer to the Home Package Plus Terms and Conditions booklet for full Terms and Conditions of the Package.

See what you could save

** Potential savings are calculated using the information you have provided. Please note that the savings displaying are indicative only and do not represent the Bank making an offer of credit. All calculations assume that the interest rate and loan term will remain unchanged and you will make principal and interest repayments for the remaining loan term. Each calendar year has the following periods – 12 months, 26 fortnights and 52 weeks. No fees or charges have been factored into the above interest saving calculation. Please refer to Lending Fees and Charges for all applicable fees. If you have supplied your current interest rate, then total interest over the life of the loan is calculated by applying your interest rate to the amount still owing on your loan over the remaining loan term. If you have supplied your minimum repayment amount, then total interest over the life of the loan is calculated by subtracting the amount still owing on your loan from the total of all payments made in the remaining loan term. Potential interest savings are calculated by comparing the information you have provided to the above variable or fixed interest rates.

Suncorp Benefits

^^ Correct as at May 23, 2019. The Reward and Recognition program ("Suncorp Benefits") is being operated by Loyalty Corp Australia Services Pty Ltd ABN 39 615 958 873. To be eligible for Suncorp Benefits you must hold a current eligible personal policy or service with Suncorp or an eligible personal product or service from one of the brands in the Suncorp Network. Full Terms and Conditions are available here. Eligibility criteria and limits apply

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, Lending Fees and Charges and Home Package Plus 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.

Loan to Value Ratio (LVR)

LVR means Loan to Value Ratio and is inclusive of Lenders Mortgage Insurance (LMI).

Making repayments

For fixed loans, you can make repayments of up to $500 per month without penalty (find out more about EPIA)

Making repayments

For fixed loans, you can make repayments of up to $500 per month without penalty (find out more about EPIA)

Variable rate

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

Fixed rate

Lock in your interest rate and repayment amount

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.

Redraw

Access extra payments you've made on your home loan using our loan Cashback feature. You will need to apply for this.

Live chat

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