Suncorp Home Loans

Read on to compare some of Suncorp’s key home loan interest rates and the key features they have.

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Compare Suncorp home loans

Lender
Advertised rate Comparison rate* Monthly repayment Rate TypeOffsetRedrawOngoing FeeUpfront FeesLVRLump Sum RepaymentAdditional RepaymentsPre-approval

FixedMore details

Home Package Plus Personal Fixed Special (Principal and Interest) 2 Years (LVR ≤ 80%) test

VariableMore details

Home Package Plus Personal Variable First Home Buyer Special (Principal and Interest) ($150k+, LVR < 80%)

VariableMore details

Home Package Plus Investment Variable Special (Principal and Interest) (LVR ≤ 70%)

FixedMore details

Fixed Home Loan (Principal and Interest) 1 Year

FixedMore details

Home Package Plus Personal Fixed (Interest Only) 2 Years

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *Comparison rate is based on a loan of $150,000 over a term of 25 years. Please note the comparison rate only applies to the examples given Rates correct as of November 2, 2021. View disclaimer.

Considering other lenders? Compare home loans with these low-rate offers for owner occupiers:

Lender
Advertised rate Comparison rate* Monthly repayment Rate TypeOffsetRedrawOngoing FeeUpfront FeesLVRLump Sum RepaymentAdditional RepaymentsPre-approval

VariableMore details
LIMITED TIME OFFER

Smart Booster Home Loan Discounted Variable - 2yr (LVR < 80%)

  • Fast turnaround times, can meet 30-day settlement
  • For purchase and refinance, min 20% deposit
  • No ongoing or monthly fees, add offset for 0.10%
LIMITED TIME OFFER

Smart Booster Home Loan Discounted Variable - 2yr (LVR < 80%)

  • Fast turnaround times, can meet 30-day settlement
  • For purchase and refinance, min 20% deposit
  • No ongoing or monthly fees, add offset for 0.10%
VariableMore details
100% FULL OFFSET ACCOUNTNO APPLICATION FEE OR ONGOING FEES

Low Rate Home Loan - Prime (Principal and Interest) (Owner Occupied) (LVR < 60%)

  • No upfront or ongoing fees
  • 100% full offset account
  • Extra repayments + redraw services
100% FULL OFFSET ACCOUNTNO APPLICATION FEE OR ONGOING FEES

Low Rate Home Loan - Prime (Principal and Interest) (Owner Occupied) (LVR < 60%)

  • No upfront or ongoing fees
  • 100% full offset account
  • Extra repayments + redraw services
VariableMore details
ZERO APPLICATION FEESFEE FREE OFFSET

Owner Occupier Accelerates - Celebrate (LVR < 60%) (Principal and Interest)

  • We lower your rate based off how much you’ve paid down your loan
  • Automatic rate match
  • No upfront or ongoing fees
ZERO APPLICATION FEESFEE FREE OFFSET

Owner Occupier Accelerates - Celebrate (LVR < 60%) (Principal and Interest)

  • We lower your rate based off how much you’ve paid down your loan
  • Automatic rate match
  • No upfront or ongoing fees

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of January 22, 2022. View disclaimer.

About Suncorp Bank

Suncorp is a Queensland-based financial institution that first launched in 1902 as an agricultural bank. Today, Suncorp employs more than 13,000 people and has more than nine million customers across Australia and New Zealand.

Suncorp offers personal and business bank products and services such as savings accounts, home loans, car loans, credit cards, term deposits, insurance, and superannuation.

What home loans does Suncorp offer?

Suncorp has home loans for owner-occupiers, refinancers, property investors and other types of borrowers.

Suncorp home loan interest rates

Suncorp’s main home loan products include:

You can find a complete list of Suncorp home loan interest rates here, as well as the other home loan products it offers.

Suncorp mortgage features

Suncorp offers a variety of home loan features for mortgage borrowers and investors. Some key features of Suncorp mortgages can include:

  • 100% mortgage offset: Some Suncorp home loans allow you to save on interest by linking the loan to a Suncorp Everyday Options bank account that can be put in “offset mode”.
  • Suncorp package: For an annual fee, you can bundle other Suncorp products (like bank accounts and credit cards) into your home loan, while also obtaining interest rate discounts.
  • Redraw facility: Suncorp Cashback lets you withdraw additional repayments you’ve made via internet banking.
  • Split option: You can split your loan with a Standard Variable Rate home loan or Access Equity Line of Credit.

How to apply for home loan with Suncorp Bank

Eligibility criteria

Before you can apply for Suncorp home loans, you must meet the following requirements:

  • You must be at least 18 years of age
  • You must be an Australian resident
  • You must be employed or earning a steady income
  • You must have a good credit history for the past five years
  • You must not be bankrupt or insolvent
  • You must not have any past or present claims or judgements against you

If you meet all the requirements, you can get started with your home loan application by completing a pre-approval application form online. You can also speak with a home loan lending specialist in a branch or call 13 11 55 to request a callback.

Documents needed

To apply for a Suncorp home loan you’ll probably need the following documents:

  • Personal ID such as a Driver’s license, Australian Passport, Medicare card etc.
  • Proof of income, such as your latest PAYG statement for the last three months
  • If you’re self-employed, your last two years of tax returns and a notice of assessment from the ATO
  • Proof of residence if you are a homeowner or a tenancy agreement if you are renting
  • Asset and liability documents
  • Proof of savings, term deposits, managed funds etc.