Suncorp Bank home loans

Suncorp Bank has home loans for owner-occupiers and investors, with rates starting from 5.99%.

3.8 ★★★★★ (74 reviews) Write a review

Suncorp Bank is an Australian bank, insurer and superannuation provider. Suncorp Bank has home loans for investors and owner-occupiers, including fixed and variable rates. Check out the full table of Suncorp Bank products below or read more about the lender and its loans.

Compare Suncorp Bank home loans for December 2024

Hit the "Load more" button to compare a bigger selection of products. You can also find more information on each individual product by clicking "more info".

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Name Finder Score Interest Rate p.a. Comparison Rate p.a. Fees Monthly Payment
Suncorp Bank logo
Principal & Interest30% min. depositOwner-occupierOffset account
Suncorp Bank logo
Principal & Interest30% min. depositOwner-occupierOffset account
Product NameSuncorp Bank Home Package Plus Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.24%
Comp. Rate p.a.6.59%
Minimum Loan Amount$150,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 70%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionNo
Loan Portable
Extra Repayments Yes
Finder score
Interest Rate
6.24%
Comparison Rate
6.59%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$924
Contact Broker
Suncorp Bank logo
Principal & Interest20% min. depositOwner-occupier
Suncorp Bank logo
Principal & Interest20% min. depositOwner-occupier
Product NameSuncorp Bank Back to Basics Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.14%
Comp. Rate p.a.6.15%
Minimum Loan Amount$150,000
Maximum Loan Amount $1,500,000
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan Portable
Extra Repayments Yes
Finder score
Interest Rate
6.14%
Comparison Rate
6.15%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$914
Contact Broker
Suncorp Bank logo
Principal & Interest30% min. depositOwner-occupier
Suncorp Bank logo
Principal & Interest30% min. depositOwner-occupier
Product NameSuncorp Bank Back to Basics Home Loan
Interest Rate TypeVariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.14%
Comp. Rate p.a.6.15%
Minimum Loan Amount$150,000
Maximum Loan Amount $3,750,000
Maximum Loan Term30 years
Maximum LVR 70%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan Portable
Extra Repayments Yes
Finder score
Interest Rate
6.14%
Comparison Rate
6.15%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$914
Contact Broker
Suncorp Bank logo
Principal & Interest10% min. depositOwner-occupier
Suncorp Bank logo
Principal & Interest10% min. depositOwner-occupier
Product NameSuncorp Bank Back to Basics Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.39%
Comp. Rate p.a.6.40%
Minimum Loan Amount$150,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan Portable
Extra Repayments Yes
Finder score
Interest Rate
6.39%
Comparison Rate
6.40%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$939
Contact Broker
Suncorp Bank logo
Principal & Interest30% min. depositInvestment
Suncorp Bank logo
Principal & Interest30% min. depositInvestment
Product NameSuncorp Bank Back to Basics Home Loan
Interest Rate TypeVariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.34%
Comp. Rate p.a.6.35%
Minimum Loan Amount$150,000
Maximum Loan Amount $3,750,000
Maximum Loan Term30 years
Maximum LVR 70%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan Portable
Extra Repayments Yes
Finder score
Interest Rate
6.34%
Comparison Rate
6.35%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$934
Contact Broker
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Suncorp Bank key facts

  • Suncorp Bank home loan rates are quite competitive, especially its package home loans.
  • Suncorp Bank has loans for borrowers with deposits as low as 10% or even 5%, though some of its most competitive rates require a standard 20% deposit.
  • In addition to home loans, Suncorp Bank also offers savings accounts, superannuation products, insurance and credit cards.

Review by our senior home loans writer Richard Whitten

What do Australians think of Suncorp Bank home loans?

Owner Occupier home loans

  • 3.92/5 overall for Customer Satisfaction — lower than the average of 3.98
  • 4.21/5 for Trust — lower than the average of 4.36
  • 3.83/5 for Customer Service — lower than the average of 3.97

Investor home loans

  • 3.89/5 overall for Customer Satisfaction - lower than the average of 3.97
  • 4.39/5 for Trust — lower than the average of 4.42
  • 3.97/5 for Customer Service — higher than the average of 3.95

Based on Suncorp Bank home loans scores in Finder's 2024 Customer Satisfaction Awards.

Suncorp Bank home loan features

Here are the key features and details you need to know about Suncorp Bank mortgage products.

FeatureDetails
Minimum depositSuncorp Bank loans have 80% maximum LVRs. This means you can borrow up to 80% with a Suncorp Bank mortgage. There are no loans for borrowers with low deposits (that is, deposits below 20%).
Offset accountIf you want an offset account on your loan then you should consider Suncorp Bank package loans.
FeesSuncorp Bank loans have low fees, and waive some of their package loan fees.
Repayment optionsBoth Suncorp Bank fixed and variable rate loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal-and-interest repayments on its loans.
Package benefitsSuncorp Bank package loans offer discounts on other finance and insurance products and lower fees.
Split rateMost Suncorp Bank mortgages allow you to split your loan into fixed and variable portions.

How do I apply for a Suncorp Bank mortgage?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

Each Suncorp Bank product has specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Suncorp Bank you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details: You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's license, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

Lenders like Suncorp Bank

If you're looking for a home loan from a similar lender to Suncorp Bank, you could look at the Big Four or some of Australia's other mid-sized lenders.

  • Big Four banks. Check out home loans from Australia's Big Four banks.
  • AMP. AMP is a large Australian lender and financial services provider.
  • Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks.
  • Macquarie Bank. This retail and investment bank is one of Australia's largest.
  • ING. This online bank is part of the global, Dutch-based financial group of the same name.

More home loan questions

How do I apply for a mortgage from ?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

More lenders to compare

Check out Finder's main home loans guide if you want to compare more home loans from a range of lenders. Or you could try one of the following lenders:

  • ING. This online bank is part of the global, Dutch financial group of the same name.
  • Commonwealth Bank. The nation's largest bank has a large selection of home loans and a convenient banking app.
  • UBank. This online bank is actually owned by NAB.
  • Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
  • Tiimely Home. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks. BOQ owns Virgin Money.
  • HSBC. The local Australian banking arm of this international bank offers various home loans.

Compare other products from Suncorp Bank

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown

Richard Whitten's headshot
Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 562 Finder guides across topics including:
  • Home loans
  • Property
  • Personal finance
  • Money-saving tips
More resources on Finder

More guides on Finder

  • Suncorp Back to Basics Home Loan

    Flexible payment options and a competitive introductory interest rate are features to make you consider the Back to Basics home loan. You can work down the loan with unlimited repayments which can be redrawn if you ever need them.

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8 Responses

    Default Gravatar
    mrsSeptember 17, 2016

    does Suncorp have senior access home loans

      Default Gravatar
      ChesterSeptember 20, 2016

      Hello Jutta,

      Thanks for your question.

      Suncorp’s portfolio contains variable rate loans, fixed rate loans, line of credit loans and a home loan package. Suncorp home loans also offer features such as access to equity, redraw facilities, competitive interest rates and waived fees. Repayment customisation is another major feature that is available with Suncorp’s line of home loans.

      You may visit this link to compare them https://www.finder.com.au/home-loans/suncorp-bank

      Also once you have decided which type of loan you are interested in you can book an in-person meeting with a lender. This will require you to fill out a form in which you’ll need to specify some personal and financial details. You will enter your preferred method of contact and schedule a meeting with Suncorp. You can even choose between meeting at a branch or having a mobile lender come to you. You will be contacted within a few business days.

      I hope this helps.

      Cheers!
      Chester

    Default Gravatar
    MaliaAugust 25, 2015

    Hi, I`m trying to re-finance my investment property worth $620,000 currently owing $310,000 with CBA…I want to borrow $170,000 to consolidate my car loan of $15,000…Credit card with Citibank, $20,000 and $120,000 owing to my brother

      Default Gravatar
      BelindaAugust 26, 2015

      Hi Malia,

      Thanks for your enquiry.

      You can read our guide about refinancing your home loan to consolidate debts and you can compare a range of loans that are suited for refinancing purposes.

      However, please be mindful of any exit fees you may incur with your existing lender as well as application or start-up fees that may be charged by your new lender. It’s also important to realise that while consolidating your debts is convenient, it will take you longer to repay the combined debt.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

      Thanks,
      Belinda

    Default Gravatar
    LyApril 23, 2015

    what is your best variable interest rate for home loan over 250000. with offset accounts and no yearly fee?

      Default Gravatar
      JodieApril 29, 2015

      Hi Ly,

      Thank you for reaching out.

      The best loan for you will depend on how you will use your loan and what your goals are.

      I would recommend comparing variable rate home loans with offset accounts and ordering the loans based on the interest rate, which you can do by clicking on the table heading. You can then also look at which loans have no annual fees or other costs involved.

      Alternatively, you can contact a mortgage broker or the specific lender you had in mind to discuss what they can find as the best for you.

      Regards,
      Jodie

    Default Gravatar
    NatashaMarch 25, 2015

    I would like to book a mobile lender from Suncorp to visit me at my home. I currently have all banking with Suncorp & considering seeking pre approval from Suncorp for another home loan.
    Regards
    Natasha

      AvatarFinder
      MarcMarch 26, 2015Finder

      Hi Natasha,
      thanks for the question.

      We’re a comparison service, and do not offer any Suncorp products directly. I’d recommend contacting Suncorp directly to organise a mobile lender to visit you.

      Cheers,
      Marc.

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