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Suncorp Fixed Home Loan (Home Package Plus)

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 80%

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 80%

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 80%

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 investor 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%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $150,000

  • Owner Occupier (Interest Only)

    LVR < 90%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $150,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $150,000

Fixed 3 year rate
1.99% p.a.
Comparison Rate
2.83% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Go to site
Fixed 3 year rate
2.09% p.a.
Comparison Rate
2.93% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Go to site
Fixed 3 year rate
2.29% p.a.
Comparison Rate
3.76% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.74% p.a.
Comparison Rate
3.87% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.28% p.a.
Comparison Rate
3.15% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.48% p.a.
Comparison Rate
3.34% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.49% p.a.
Comparison Rate
3.20% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.69% p.a.
Comparison Rate
3.39% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.79% p.a.
Comparison Rate
4.21% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.58% p.a.
Comparison Rate
4.17% p.a.
Service fee
$375.00 yearly
Upfront fee
$0

Mozo editorial review Suncorp Fixed Home Loan (Home Package Plus) - last updated: 26 July 2021

4 / 5
binocular icon
What's hot
  • 2-year fixed rate of 1.89% (2.85% comparison rate*)
  • Free extra repayments up to $500 each month
  • Home Package Plus annual fee reimbursed for life of loan (Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000)
What's not
  • Ongoing $375 annual service fee
Mozo snapshot

Suncorp’s Fixed Home Loan (Home Package Plus) could be the answer for home buyers who are looking for a competitive low rate home loan with the ability to receive discounted rates and savings through bundling an Everyday Option Bank Account with their loan. With a competitive low rates starting from 1.89% (2.85% comparison rate*) 2 years fixed for owner occupiers. To help you in you first year, Suncorp will waive the annual package fee as well as offer no application or other upfront fees.

And for refinancers there's a juicy $3,000 cash offer! (Conditions apply).  

key icon
Key features

A Fixed Home Loan (Home Package Plus) with Suncorp has a range of options with principal and interest, and interest only repayments for owner occupiers and investors. For owner occupiers with a LVR of 80% or less, you can receive a low fixed rate of 1.89% (2.85% comparison rate*) for a 2 year loan. For investors, they offer a low 3 year fixed rate of 2.28% (3.15% comparison rate*).

This loan is designed to help home buyers get on their way, so Suncorp offers no application, legal, valuation or other upfront fees. Additionally, for owner occupiers and investors they will waive the annual package fee in the first year of the loan. After this initial period, borrowers are required to pay a $375 annual service fee and a $350 discharge fee once the loan is fully paid out.

And don't forget, if you're refinancing there's a $3,000 cash offer with Suncorp. To be eligible you must refinance to a Suncorp home loan of $750K or more with an LVR of 90% or less. You must also apply by apply by 31 August 2021 and settle by 30 November 2021.  

With the ability to fix your rate for a term of 1 to 5 years, you can get repayment and rate certainty as you pay back your loan. If you want to pay off your loan faster, you are also able to make free extra repayments of up to $500 a month.

And because this is the Home Package Plus option, you will be able to package your loan with a Suncorp Everyday Options Bank Account. The benefit of this option is that you gain access to interest rate discounts, you save on fees - like monthly account keeping fees or loan establishment fees - and on other products offered by Suncorp. In fact, for a limited time, Suncorp are offering customers who borrow at least $150,000 a discounted interest rate and will waive the annual fee for the life of the loan! 

snapshot
Who is it good for

The Suncorp Fixed Rate Home Loan (Home Package Plus) could be ideal for someone looking to save on interest and fees through bundling an Everyday Options Bank Account with their home loan. There are considerable bonuses to this loan like the discounted 3 Year rate as well as the lack of an application or annual service fee in your first year.

question icon
Any catches

While you may not pay the annual service fee in your first year, be mindful that you are required to pay a fee of $375 every year following. Similarly you are required to pay a $350 discharge fee on this loan. However, thanks to the Home Package Plus Special Offer which is available to eligible new home loan packages with a minimum loan amount of $150,000 - you could have this annual fee reimbursed for the life of the loan.

Picture of Tom Watson
Tom Watson
Finance journalist

Tom Watson is a financial journalist at Mozo and co-host of the Finance Burrito podcast, specialising in fintech, property and business banking. Whether it’s reporting on banking trends or uncovering the latest product innovations, Tom’s mission is to keep our readers up to date with breaking Australian financial news. His work is often sourced in the media and across social media channels. Tom has a degree in Journalism from the University of Technology, Sydney. He is also ASIC RG146 (Tier 2) certified for general advice.

Details

Rates and fees information correct as at 5 August 2021. 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

n/a

n/a

n/a

n/a

2.04% (2.92%*)

1.89% (2.85%*)

1.99% (2.83%*)

n/a

2.49% (2.94%*)

n/a

n/a

2.54% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

none

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

2.04% (3.04%*)

2.09% (2.99%*)

2.09% (2.93%*)

n/a

2.49% (2.99%*)

n/a

n/a

2.69% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

2.34% (3.99%*)

2.19% (3.86%*)

2.29% (3.76%*)

n/a

2.79% (3.75%*)

n/a

n/a

3.73% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

none

95.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

3.19% (4.07%*)

2.74% (3.94%*)

2.74% (3.87%*)

n/a

3.74% (4.12%*)

n/a

n/a

3.73% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

none

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

2.34% (3.26%*)

2.28% (3.20%*)

2.28% (3.15%*)

n/a

2.63% (3.20%*)

n/a

n/a

2.89% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

none

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

2.34% (3.43%*)

2.48% (3.39%*)

2.48% (3.34%*)

n/a

2.63% (3.31%*)

n/a

n/a

3.09% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

2.54% (3.27%*)

2.49% (3.23%*)

2.49% (3.20%*)

n/a

2.88% (3.29%*)

n/a

n/a

2.89% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

none

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

2.54% (3.44%*)

2.69% (3.42%*)

2.69% (3.39%*)

n/a

2.88% (3.41%*)

n/a

n/a

3.09% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

2.84% (4.45%*)

2.79% (4.32%*)

2.79% (4.21%*)

n/a

3.18% (4.17%*)

n/a

n/a

4.20% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

none

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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 5 August 2021. 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

n/a

n/a

n/a

n/a

2.64% (4.43%*)

2.58% (4.29%*)

2.58% (4.17%*)

n/a

2.93% (4.07%*)

n/a

n/a

4.20% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$375.00 yearly

$350.00

Other financial bits

$150,000

none

none

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $500 per month

no

no

none

no

no

none

Home Package Plus annual fee reimbursed for the life of the loan. Special Offer available to eligible new home loan packages with a minimum loan amount of $150,000.

Receive $3,000 cashback when you refinance an existing home loan of 750K or more with an LVR less than or equal to 90%. Must apply by 31 August 2021 and settle by 30 November 2021.

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.

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About Suncorp

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.