Basic Home Loan - Suncorp - Back To Basics

Comparison Rate	5.75%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,163.34
Total Amount Paid Est.	$419,280
Establishment Fee	$600.00

5.72%

Target Market
Variable rate loan whereby the interest rate falls or rises as the market but the interest rate is set below the bank's standard variable rate. ,
This product is ideal for borrowers looking for a lower variable rate without the same flexibility as the standard variable home loan.

Acceptable Income
As per policy guidelines.

Home Loan Loan Term
Minimum 8 years.
Maximum 30 Years.

Home Loan Loan Size
Minimum: $10,000. ,
Maximum: Unlimited.

Home Loan Repayment Type
Principal & Interest, Interest only (Max 5 years) and Interest Only Personal Purpose. ,
Interest Only Personal Purpose the loan must roll to Principle and Interest when the Interest Only Period is completed. Minimum Interest Only term is 3 months with a maximum of 60 months. At the end of 60 months there is an option to extend by an additional 60 months subject to credit approval. Terms and Conditions apply.

Repayment Options
Weekly or Fortnightly or monthly payments.

Extra Repayments
Unlimited additional repayments.

Split Loan Facility
Yes.

Offset
Not Available.

Redraw Facility
Minimum: $1,000 1 free redraw (via Internet and to Suncorp account) each month $20 fee.

LVR for Basic Home Loan - Suncorp - Back To Basics

Please note that a Loan to Value Margin will apply where the LVR is =>90%. ,
Owner Occupier Maximum LVR 95% - Refer to Special Criteria ,
Investment Maximum LVR 95% - Refer to Special Criteria ,
Refinance Maximum LVR 90% ,
Debt Consolidation Maximum LVR 90% ,
Cash Out Maximum LVR 90% ,
LVR for both personal and investment purposes. ,
LMI Capitalised in every case when 3% genuine savings.

Fees for Basic Home Loan - Suncorp - Back To Basics

Establishment Fee:$600. ,
Account Keeping Fee - Nil. ,
Add Loan Establishment Fee:$300. ,
Establishment fee includes all Valuations and Legal Fees. ,
Deferred Establishment Fee applies within the first 4 years Minimum $800 ,
or $1400 if Application Fee of $600 not paid upfront. ,
Redraw Fee $20. ,
Split Loan $200