Suncorp Bank
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Suncorp Bank

Special Offer Home Package Plus Owner Occupied 3 Year Fixed Rate >$150k <80% LVR Principal and Interest

Fixed Rates: All Terms (p.a.)
Term Fixed Rate Comparison Rate*
3 Year 2.49% 3.17%
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Key Features
Loan Type
Fixed
Min Loan
Max Loan
$150,000.00
$3,250,000.00
Application Fee
$0.00
Borrow upto
of property value
-%
Ongoing fee
$375.00 Yearly
Redraw Facility
Offset Account

Loan Details

Loan Type Fixed
Security Type ResidentialProperty
Availability Owner Occupiers
Repayment Options Principal & Interest
Repayment Frequency Weekly, Fortnightly, Monthly
Min Loan Term 8
Max Loan Term 30
Max Loan to Value Ration (LVR) 80%
Max LVR with Mortgage Insurance -%
Min Loan Amount $150,000.00
Max Loan Amount $3,250,000.00
Interest Rate Notes
Discounted rate is only available for new Investment 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 lender’s mortgage insurance (if applicable), with Principal and Interest repayments. The discounted rate (currently 2.79% p.a.) is calculated by subtracting a discount of 0.45% p.a. from the Standard 3 Year Fixed Rate (currently 3.24% 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 5.45% p.a.) less the Home Package Plus discount (currently 2.31% p.a.). The discounted special offer rate is only applicable to the 3 Year Fixed Rate loan while the loan remains in the Home Package Plus. The discounted special offer rate is available on eligible loans applied for from 3 April 2020. 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.

Features

Extra Repayments
Loan is Transferable (Portable)
Transfer Fee -
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate -%
Redraw Available
Min Redraw Amount -
Max Redraw Amount -
Redraw Fee -
Redraw Notice Period
Redraw Method
Redraw Notes & Comments

Split Account

Split Available
Max No. of Accounts for Split 20
Separate Statements for Split
Statement Frequency 2
Fixed Option
Fee for Fixing n/a

Fees

Application Fee $0.00
Legal Fee $0.00
Valuation Fee $0.00
Settlement Fee $0.00
Service Fee $375.00
Exit Fee $3,500.00
Early Termination Fee

Break Costs

Early Payment Interest Adjustment (EPIA) may apply if the fixed rate is broken.

General Fee Notes:


General Notes:

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*The comparison rates in this table are based on a secured loan amount of $150,000 and a term of 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 costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.