Back to Basics Green Variable Rate

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 2.89%, Comparison Rate 2.89%
• Repayment Type: Principal And Interest
• Loan Purpose: Investment

 Product Features

• Other Additional Information: No monthly account keeping fee

• Other Additional Information: No ongoing annual fee

• Other Additional Information: Unlimited additional repayments

• Redraw Additional Information: Redraw additional repayments as cashback, with no cashback fee and unlimited withdrawals

• Digital Banking

• Other Additional Information: Phone Banking

• Other Additional Information: Ability to set up automated repayments

 Product Eligibility

• Other Additional Information: Home Loans provided to approved applicants only. Credit and lending criteria applies and is subject to change without notice. Full eligibility requirements, terms and conditions apply.

• Other Additional Information: This offer is available to eligible current or new Suncorp Bank home loan customers (owner occupiers or investors) whose home loans must be at least $150k, LVR ≤ 80%.

 Bank Fees and Charges

• Staff Assisted Home Loan Repayment Fee (Event), Amount: 5.00. Additional Information: The fee will apply for transfers made to a Back to Basics Variable Home Loan at a Suncorp Store.

• Excess Cheque Fee (Event), Amount: 8.00. Additional Information: You can request 4 bank cheques for free. An extra 5 free bank cheques are available for progress payments on construction loans. After you have used the free cheques, a fee is payable for each bank cheque requested.

• Arrears Administration Fee (Event), Amount: 20.00. Additional Information: The bank at its discretion will charge either an Arrears Administration Fee or Default Interest if an event of default in payment occurs.

• Copy Of Documents Fee (Event), Amount: 35.00. Additional Information: Payable if we are required to obtain a copy of a document, including Mortgage or title search.

• Additional Valuation Fee (Event), Amount: 150.00. Additional Information: The first valuation assessment for each loan application is provided by the Bank. If any additional valuation assessments that involve a physical inspection are obtained by us for assessing the loan security, than this fee will apply.

• Guarantor Fee (Event), Amount: 200.00. Additional Information: Applies if a guarantor is included in the loan. Fee is per guarantor.

• Progressive Funding Fee (Event), Amount: 300.00. Additional Information: Applies at loan settlement or first draw (at the Bank's discretion) for any part of the loan provided for construction purposes.

• Renegotiation Fee (Event), Amount: 300.00. Additional Information: Payable when you request a change to the Credit Contract or Security and this change is completed.

• Loan Finalisation Fee (Event), Amount: 0.00. Additional Information: Applies when a loan is paid out in full, This includes settlements, refinances and payouts.

• Default Interest (Event), Amount: Not Listed.. Additional Information: The bank at its discretion will charge either an Arrears Administration Fee or Default Interest if an event of default in payment occurs.

• Establishment Fee (Upfront), Amount: 0.00. Additional Information: Applies to loans where borrowings are less than 90% of the property value, waived for loans over $150,000

• Establishment Fee (Upfront), Amount: 0.00. Additional Information: Applies to loans where borrowings are greater than or equal to 90% of the property value, waived for loans over $150,000

 Limitations & Restrictions (Constraints)

• Min Balance of 10000 Additional Information: Minimum Loan Balance of $10,000

• Max Balance of 25000 Additional Information: Maximum Loan Balance of $25,000

 Document Downloads

• personal-business-lending-fees-and-charges.pdf (274.8 KB)