Suncorp Home Loan Rates

 

Suncorp home loan rates are applicable to personal as well as investment purposes by an individual. It charges different kinds of interest rates and offers flexible repayment option as well.

The type of loans and interest rates offered by the bank are:

1. Standard Variable Rate
2. Back to Basics
3. Asset Line-Line of credit
4. My Home Package
5. Introductory Fixed Rate
6. Fixed Rate
7. Split Rate
8. Bridging Loan
9. Offset
10. Low Doc

Home Loan	Interest Rate (p.a.)	Comparison Rate
Standard Variable Rate	7.58 %	7.73 %
Special Standard Variable Rate	6.55 %	6.70 %
Back to Basics	7.00 %	7.05 %
Special Back to Basics	6.85 %	6.90 %
Asset Line	7.58 %	NA
Special Asset Line	6.55 %	NA
Bridging Loan	7.73 %	7.85 %

In case you opt for a fixed rate home loan then the charges that would be applicable would vary on the basis of years.

 Fixed Interest Rates

S.No	Term	Reference Rates	Comparison Rate
1.	1 year fixed rates	6.15 % p.a	7.58 % p.a
2.	2 years fixed rates	5.98 % p.a	7.40 % p.a
3.	3 years fixed rates	5.99 % p.a	7.26 % p.a
4.	5 years fixed rates	6.95 % p.a	7.44 % p.a

In the standard variable rate of housing loans, the added features that you get are: the offset facility, ability to split the loan in different repayment options – the variable interest rate and the fixed rate of interest. The repayments can be made weekly, fortnightly or on a monthly basis. The Suncorp group charges an extra amount if you wish to repay more than the required amount of your home loan. The minimum repayment of any amount of loan is $1000. Please note that the rates mentioned here are subject to change without giving any prior notice.

 

Therefore, you can call the bank on their number 13 11 75 to know the current interest rates applicable. With the help of the home loan calculator, you can also calculate the repayments you will have to pay in course of time.

For more on Suncorp home loan rates you can log on to the link given below:

http://www.suncorpbank.com.au/home-loans/our-home-loans