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Variable Rate Home Loan - Suncorp - Variable >$250K 0.70% Disc

Suncorp
Comparison Rate 5.71%
Amount $200,000
Term 30 years
Monthly Payment Est. $1,148.16
Total Amount Paid Est. $417,480
Establishment Fee $600.00

5.60%

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Target Market
Variable rate loan whereby the interest rate falls or rises as the market fluctuates.

Acceptable Income
As per policy guidelines.

Home Loan Loan Term
Maximum: 30 Years.

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


Home Loan Repayment Type
Principle & Interest, Interest Only 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

Extra Repayments
Additional Repayments - unlimited. ,
Fees apply if loan is paid out within first three years.


Split Loan Facility
Yes.

Offset
100% Home Loan Offset facility available.

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


LVR for Variable Rate Home Loan - Suncorp - Variable >$250K 0.70% Disc

Please note that a Loan to Value Margin will apply where the LVR is =>90%. ,
Owner Occ/Investment Max LVR 95% - Refer Special Lender Criteria ,
Interest Only Maximum LVR 90% ,
Refinance Maximum LVR 90% ,
Debt Consolidation Maximum LVR 90% ,
Cash Out Maximum LVR 90% ,
LVR for both personal and investment purposes. ,
Maximum number of loans that can be consolidated is 4. Maximum loan amount $500k.


Fees for Variable Rate Home Loan - Suncorp - Variable >$250K 0.70% Disc

Establishment Fee:$600. ,
Account Keeping Fee: $10 per month. ,
Additional Valuation Fee $160 ,
Split Loan Fee $200 ,
Progressive Funding Fee $250 ,
Deferred Establishment Fee applies within the first 4 years Minimum $800 ,
or $1400 if Application Fee of $600 not paid upfront. ,
Minimum $800 maximum $1400. ,
Switching Fees:$300. ,
Redraw Fee $20. ,
Offset Facility Fee $75 (once only fee)

 

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.