More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Suncorp.png
Comparison Rate
3.97
Name
Back to Basics Better Together Bundle Owner Occupied IO Special
Lender
Suncorp
Product Name
Back to Basics Special
Product Details
Min new to bank lending of $150k with I/O repayments. Max 5 yrs I/O (requests for Interest Only repayments for Owner Occupied lending must meet Suncorp lending guidelines - refer to your BDM for further information). A Suncorp Everyday Basics account is a mandatory requirement (unless the borrower holds a Suncorp transaction account). Offset account not available. Up to 20% discount on 1st yr premium on Suncorp Home & Contents or Landlord Insurance available. The Suncorp Bank Bundle Special Offer consent form must be submitted to receive discounted rate.
Variable Rate
4.39
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
350
Ongoing Fees
0
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
0
Minimum Loan Amount
150000
Max Loan Amount
0
Owner Occupied
Y
Investment
N
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
N
Fixed
N
Interest In Advance
N
Reverse Mortgage
N
Basic
Y
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
N
Minimum Loan Term (years)
8
Max Loan Term (years)
30
Rate Details
Discount of 0.97% (already included). The Suncorp Bank Bundle Special Offer consent form must be submitted to receive discounted rate.
Fee Details
Application fee includes Security Admin & Valuation. (Application fee waived for new loans > $150k, a saving of $600.)
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
$20 Each calendar month your first Online Cashback Fee will be rebated
Redraw Facility
Y
Construction
Y
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
Y
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
1 split free, 2nd split at additional loan rates. New Split Loan facilities an Account keeping fee will be charged on both facilities.