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Refinance Your Home Loan with Suncorp Bank

Get highly competitive rates plus receive a $2,000 Cash Bonus^, when you take out a Home Package Plus loan of $250,000 or more.

Or call us 13 11 55 Mon-Fri 8am-7pm (AEST)

Apply by 31 January 2020, settle by 30 April 2020. See Things you should know for more detail.

 

LIMITED TIME OFFER

Pay off your home sooner

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

Comparison rate warning

Making the switch could save you thousands

If you've had the same home loan for years, it could be time to refinance. Shopping around for a new deal lets you find the best loan for you, potentially saving you thousands. Suncorp Bank offers handy features across a great range of loans.

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 4 December 2019 unless shown otherwise within interest rate terms and conditions.

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

Limited time offer

Receive a $2,000 Cash Bonus!

Available when you take out a Home Package Plus home loan of $250,000 or more.
Apply by 31 January 2020, settle by 30 April 2020.^

See Things you should know for more detail.

Talk to a home lending specialist

Hands cupping tiny house

We’ve got you covered

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

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.

Personalised service

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

Discounts

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

Award winning

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

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.

Things to consider when refinancing

Suncorp Store Manager Amber Nijenhuis explains refinancing your home loan, how to calculate your savings and what the process is to apply to refinance.

Chat to us today, we’re here to help

Talk to a home lending specialist

We will call you within 24hrs (or next business day) to discuss your home lending needs

Call us

Our home lending specialists are available to answer your questions Mon-Fri 8am-7pm (AEST)

Things you should know

^$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 – 31 January 2020 and settled by 30 April 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.

‡Discounted 3 Year Fixed 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 <= 90% of the security property value (LVR) inclusive of lender’s mortgage insurance (if applicable), with Principal and Interest repayments. The discounted rate (currently 2.89% p.a.) is calculated by subtracting a discount of 0.45% p.a. from the Standard 3 Year Fixed Rate (currently 3.34% 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 5.23% p.a.) less the Home Package Plus discount (currently 1.94% 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 4 December 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.

# 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.

**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 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.

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.