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Variable Rate Home Loan - Suncorp - Business Essential

Suncorp
Comparison Rate 5.28%
Amount $200,000
Term 30 years
Monthly Payment Est. $1,103.17
Total Amount Paid Est. $397,880
Establishment Fee $800.00

5.24%

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Target Market
Business & Investment purposes. Funds can be used for businesses wanting to finance essential activities like expansion, purchasing new premises, plant and machinery, or any worthwhile business undertaking.

Acceptable Income
PAYGE & Self Employed.

Home Loan Loan Term
No minimum term.
Maximum 25 years (Residential)
Maximum 15 years (Commerical)

Home Loan Loan Size
Minimum $250K. ,
If less than $250K refer to Lender ,
Maximum $1M.


Home Loan Repayment Type
Principal and Interest or Interest Only.

Repayment Options
Weekly, fortnightly and monthly available. ,
Note: Interest Only repayments are monthly.

Extra Repayments
Extra repayments can be made to a variable rate loan at any time without penalty.


Split Loan Facility
Yes - no fees maximum of two splits.

Offset
Not Available.

Redraw Facility
Re-draw is available. Minimum redraw amount is $1,000..


LVR for Variable Rate Home Loan - Suncorp - Business Essential

Owner Occupier Maximum LVR 80% ,
Investment Maximum LVR 80% ,
Refinance Maximum LVR 80% ,
,
Maximum LVR 80% for acceptable residential security.


Fees for Variable Rate Home Loan - Suncorp - Business Essential

Application Fees $800. ,
Valuation Fee refer to lender. ,
No Account Keeping Fee. ,
Deferred Establishment Fee if paid within 4 years $1200. ,
Product Switch $300

 

Variable Rate Home Loan

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The comparison rate applies only to $200,000 with a loan term of 30 years. The loan amount and term will affect the comparison rate calculation. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparsion rate calculation but may influence the cost of the loan.

This rate is to be used as a guide only and we recommend that you confirm it with the lender before acting upon it.

The information provided in this website is a guide only and may not be complete for your purposes. Ratesonline.com.au is not licensed to provide investment advice and recommends that you consult an independent financial adviser.