Suncorp Back to Basics

This product is available in different versions. Pick the right version for you here.

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $150,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $10,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan of at least $10,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $10,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR 90%-95%

    Loan: $150,000

  • Owner Occupier (Interest Only)

    LVR < 90%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $150,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    Loan: $10,000

  • Owner Occupier (Principal & Interest)

    LVR 90%-95%

    Loan: $10,000

  • Owner Occupier (Interest Only)

    LVR < 90%

    Loan: $10,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $10,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $10,000

3.29% p.a.

3.30% p.a.

$0.00

Suncorp Back to Basics

3.29% p.a.

3.30% p.a.

$0.00

3.59% p.a.

3.60% p.a.

$0.00

Suncorp Back to Basics

3.59% p.a.

3.60% p.a.

$0.00

3.99% p.a.

3.57% p.a.

$0.00

Suncorp Back to Basics

3.99% p.a.

3.57% p.a.

$0.00

3.59% p.a.

3.60% p.a.

$0.00

Suncorp Back to Basics

3.59% p.a.

3.60% p.a.

$0.00

3.79% p.a.

3.67% p.a.

$0.00

Suncorp Back to Basics

3.79% p.a.

3.67% p.a.

$0.00

4.80% p.a.

4.85% p.a.

$0.00

Suncorp Back to Basics

4.80% p.a.

4.85% p.a.

$0.00

4.80% p.a.

4.87% p.a.

$0.00

Suncorp Back to Basics

4.80% p.a.

4.87% p.a.

$0.00

4.97% p.a.

4.87% p.a.

$0.00

Suncorp Back to Basics

4.97% p.a.

4.87% p.a.

$0.00

5.22% p.a.

5.23% p.a.

$0.00

Suncorp Back to Basics

5.22% p.a.

5.23% p.a.

$0.00

5.64% p.a.

5.40% p.a.

$0.00

Suncorp Back to Basics

5.64% p.a.

5.40% p.a.

$0.00

Mozo Review   Suncorp Back to Basics Review

Last updated: 16 August 2019.

What's hot:
  • No upfront or ongoing fees

  • 3.29% (3.30% comparison rate*)

  • Complimentary extra repayments

  • $1,500 cashback when you refinance an eligible Suncorp loan

What's not:
  • $350 discharge fee

Mozo snapshot:

Suncorp’s Back to Basics home loan offers a competitive 3.29% variable (3.30% comparison rate*) with minimal fees and a number of flexible features. Love a bundle deal? If you combine your loan with an Everyday Basics bank account, Suncorp will discount your home loan rate and even give you 20% off your first year’s premium on a new Suncorp home insurance policy. But that’s not all! Borrowers can also receive a nice little $1,500 cashback bonus if they refinance an eligible Suncorp loan of $250,000 or more.

Key features:

If you need minimal fees, flexibility and a bunch of offers, look no further than the Suncorp Back to Basics home loan. There are a range of repayment options for owner occupiers and investors paying principal and interest or interest only, with variable rates starting at a competitive 3.29% (3.30% comparison rate*). Not only that, there are no application or ongoing service fees over the life of the loan. 

This flexible home loan gives borrowers the option to make weekly, fortnightly or monthly repayments as well as offering complimentary extra repayments. There is also a redraw facility, but there are some conditions - only the first redraw of every month is free and there is a minimum redraw amount of $1,000. 

Let’s talk offers, because there are a few when it comes to the Suncorp Back to Basics home loan. For borrowers who already have an eligible Suncorp home loan and are looking to refinance a loan of $250,000 or more, they’ll receive a juicy $1,500 cashback! Just bear in mind you must apply by the 30th of September 2019 and settle the loan by the 28th of December 2019. 

And if that’s not enough, meet the Better Together Special offer. This deal offers borrowers a discounted rate if they combine their Suncorp Back to Basics home loan with a Suncorp Everyday Basics bank account. Not only that, if you’re on the hunt for home and contents insurance, you could receive 20% off the first year’s premium on a new Suncorp policy when you combine your Suncorp home loan and Suncorp bank account.

Who it's good for:

This loan could be good for someone is looking for a competitive rate, needs flexible repayment options and is also looking to save through combining other Suncorp products with the loan.

Any catches?

While there are no application or ongoing fees, remember that you will be slapped with a $350 discharge fee once you’ve paid out your loan. There’s no offset account option available with the loan.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.29% p.a.

  • n/a

  • n/a

  • n/a

  • 3.30% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • Receive $1,500 when you refinance an existing loan of $250,000 or more. Apply by 30 September 2019 and settle by 28 December 2019.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.59% p.a.

  • n/a

  • n/a

  • n/a

  • 3.60% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • none

  • 90.00%

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • Receive $1,500 when you refinance an existing loan of $250,000 or more. Apply by 30 September 2019 and settle by 28 December 2019.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.99% p.a.

  • n/a

  • n/a

  • n/a

  • 3.57% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • Receive $1,500 when you refinance an existing loan of $250,000 or more. Apply by 30 September 2019 and settle by 28 December 2019.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.59% p.a.

  • n/a

  • n/a

  • n/a

  • 3.60% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.79% p.a.

  • n/a

  • n/a

  • n/a

  • 3.67% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 4.80% p.a.

  • n/a

  • n/a

  • n/a

  • 4.85% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $10,000

  • none

  • none

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • Receive $1,500 when you refinance an existing loan of $250,000 or more. Apply by 30 September 2019 and settle by 28 December 2019.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 4.80% p.a.

  • n/a

  • n/a

  • n/a

  • 4.87% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $990.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $10,000

  • none

  • 90.00%

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • Receive $1,500 when you refinance an existing loan of $250,000 or more. Apply by 30 September 2019 and settle by 28 December 2019.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 4.97% p.a.

  • n/a

  • n/a

  • n/a

  • 4.87% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $10,000

  • none

  • none

  • 90.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • Receive $1,500 when you refinance an existing loan of $250,000 or more. Apply by 30 September 2019 and settle by 28 December 2019.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 5.22% p.a.

  • n/a

  • n/a

  • n/a

  • 5.23% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $10,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 25 August 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 5.64% p.a.

  • n/a

  • n/a

  • n/a

  • 5.40% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $10,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • Yes - free

  • no

  • first redraw per month free

  • $1,000.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are Suncorp home loans rated by the Mozo community?

Overall customer rating
7.3/10
Price
7.0/10
Features
6.7/10
Customer service
7.4/10
Convenience
7.1/10
Trust
7.1/10

Latest reviews of Suncorp Back to Basics

  • Overall
    9/10
    Competitive rate

    Easy to use and honest in their dealings with you.

    Easy to use and honest in their dealings with you.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    9/10
    Trust
    9/10

    Bronwyn | Queensland

    reviewed over 1 year ago

  • Overall
    5/10
    I have remained with this bank for some time

    I have recently experienced a situation with the bank where my loan rates were not applied. I...

    I have recently experienced a situation with the bank where my loan rates were not applied. I believe it is imperative that people keep a close eye on their banking situation of all products and question the banks.

    Price
    5/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Kay | Queensland

    reviewed about 2 years ago

  • Overall
    3/10
    Great product, let down by service.

    The product itself is good, with great offset account options however the service has been sub...

    The product itself is good, with great offset account options however the service has been sub standard, rarely receive a return phone call or email without following up 2/3 times.

    Price
    4/10
    Features
    6/10
    Customer service
    1/10
    Convenience
    6/10
    Trust
    1/10

    Chelsea | Queensland

    reviewed over 3 years ago

  • Overall
    10/10
    Fantastic customer service.

    The help by the visiting loan banker was excellent with good explanations and advice.

    The help by the visiting loan banker was excellent with good explanations and advice.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Reynolds | Queensland

    reviewed over 3 years ago

  • Overall
    5/10
    Not happy, need a new home loan.

    Need a change to find a new financial institution.

    Need a change to find a new financial institution.

    Price
    4/10
    Features
    5/10
    Customer service
    7/10
    Convenience
    7/10
    Trust
    6/10

    Peter | Queensland

    reviewed about 4 years ago

Suncorp

About Suncorp

From small beginnings as a Queensland agricultural bank, Suncorp has grown to become Australia's sixth largest bank. Today Suncorp provides term deposits, savings accounts, home loans, personal loans and other financial services to over 800,000 customers through 178 retail outlets, 680 ATMs, 46 Business Centres, online banking and 24-hour call centres. Suncorp's branches are spread mainly throughout Queensland, Victoria and New South Wales, but are expanding into other states.

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Fixed Rate Home Loan (Premium Plus Package)

3.24% p.a.
fixed 3 years

4.15% p.a.

$0

Promoted

UBank

UBank

UHomeLoan (1 Year Fixed)

n/a

n/a

$395

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

3.19% p.a.
fixed 3 years

4.14% p.a.

$450

Promoted

loans.com.au

loans.com.au

Smart Loan Fixed (Package)

3.19% p.a.
fixed 3 years

3.63% p.a.

$520

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.03% p.a.

3.05% p.a.

$0.00

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.09% p.a.

3.09% p.a.

$0.00

Promoted

Athena

Athena

Variable Home Loan

3.09% p.a.

3.05% p.a.

$0.00

Promoted

HSBC

HSBC

Home Value Loan

3.27% p.a.

3.28% p.a.

$0.00

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.99% p.a.

3.02% p.a.

$0.00

Promoted

Mortgage House

Mortgage House

Red Home Loan - Early Bird Special

3.04% p.a.

3.08% p.a.

$0.00

Promoted

Tic:Toc

Tic:Toc

Variable Home Loan

2.99% p.a.

3.00% p.a.

$0.00

Promoted

loans.com.au

loans.com.au

ZIP Home Loan

3.23% p.a.

3.25% p.a.

$0.00

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.