Back to Basics Variable Rate Better Together Special Offer

General Lending Rates

Product Variations

Product Features

• Other Additional Information: No monthly account keeping fee

• Other Additional Information: No ongoing annual fee

• Other Additional Information: Loan Establishment Fee is waivered for loans over $150,000

• Extra Repayments Additional Information: Unlimited additional repayments

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

• Other Additional Information: A discounted interest rate when you combine new lending over $150,000 with an Everyday Options bank account

• Other Additional Information: The choice of Interest Only repayments for a maximum period of five years and subject to you satisfying applicable bank criteria

• Other Additional Information: Ability to add additional funds. An additional Loan is available (subject to satisfying our credit requirements) and fees and conditions may also apply

• Digital Banking

• Other Additional Information: Phone Banking

• Other Additional Information: Ability to set up automated repayments

• Other Additional Information: Ability to split the loan balance into multiple loan accounts to take advantage of both fixed and variable interest rates.

Product Eligibility

• Other Additional Information: New or additional lending of $150,000 + and borrowers must hold a Suncorp Bank transaction account (or one will be opened for them)

• Other Additional Information: Home Loans provided to approved applicants only. Credit and lending criteria applies and is subject to change without notice

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 Bank branch.

• 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: 350.00. 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: 600.00. Additional Information: Applies to loans where borrowings are less than 90% of the property value, waived for loans greater than $150,000

• Establishment Fee (Upfront), Amount: 990.00. 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 Limit of 150000.00 Additional Information: Minimum Loan Balance of $150,000

• Max Limit of 3750000.00 Additional Information: Maximum Loan Balance of $3,750,000

• Min Lvr of 0.01 Additional Information: Minimum LVR of 1%

• Max Lvr of 0.95 Additional Information: Maximum LVR of 95%. Up to 95% for Owner Occupied P&I. Up to 90% for Investment Loans and Interest Only Repayment Type

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