Suncorp Standard Variable Home Loan Special Offer (Home Package Plus)

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 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%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    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

3.29% p.a.

3.70% p.a.

$375.00 yearly

Suncorp Standard Variable Home Loan Special Offer (Home Package Plus)

3.29% p.a.

3.70% p.a.

$375.00 yearly

3.84% p.a.

3.86% p.a.

$375.00 yearly

Suncorp Standard Variable Home Loan Special Offer (Home Package Plus)

3.84% p.a.

3.86% p.a.

$375.00 yearly

3.59% p.a.

3.99% p.a.

$375.00 yearly

Suncorp Standard Variable Home Loan Special Offer (Home Package Plus)

3.59% p.a.

3.99% p.a.

$375.00 yearly

3.79% p.a.

4.02% p.a.

$375.00 yearly

Suncorp Standard Variable Home Loan Special Offer (Home Package Plus)

3.79% p.a.

4.02% p.a.

$375.00 yearly

Mozo Review   Suncorp Standard Variable Home Loan Special Offer (Home Package Plus) Review

Last updated: 4 December 2019.

What's hot:
  • Free extra repayments and redraw facility available (conditions apply)

  • Receive $2,00 when refinancing an existing loan <90% LVR

  • 3.29% p.a. variable rate (3.70% p.a. comparison rate*)

What's not:
  • $350 discharge fee

  • $375 yearly fee

Mozo snapshot:

The Suncorp Standard Variable Home Loan Special Offer (Home Package Plus) is one of those great home loans that offers both value and flexibility. It’s full of handy features, and best of all, offers some seriously competitive rates. Variable rates for owner occupiers start at 3.29% p.a. (3.70% p.a. comparison rate*), while investors can enjoy rates as low as 3.59% p.a. (3.99% p.a. comparison rate*).

Key features:

With the Suncorp Standard Variable Home Loan Special Offer (Home Package Plus), owner occupiers borrowing at least $150,000 (LVR up to 90%) will be able to take advantage of a competitive 3.29% p.a. variable rate (3.70% p.a. comparison rate*). Investors will also find they’re well accommodated for. If you’re taking out an investment loan of at least $150,000 (LVR >90%, P&I), you’ll be looking at variable rates in the range of 3.59% p.a. (3.99% p.a. comparison rate*).

Complementing those rates are a whole host of useful features. For example, you’ll be able to pay down your loan on either a weekly, fortnightly or monthly basis, chip in extra without facing any charges, and access a redraw facility if you decide you need some of those extra contributions back. Just keep in mind that the redraw facility comes with a few conditions: only the first redraw of the month is free and you’ll have to withdraw a minimum of $1,000

Rounding out the list is one more perk which refinancers will definitely appreciate. If you’re switching from an existing loan of $250,000 or more with a LVR of less than 90%, Suncorp will give you $2,000 cashback. Just remember this is only available if you apply by 13 December 2019 and settle by 5 March 2020.

Who it's good for:

This one would suit both first home buyers, who would benefit from the 90% LVR, and refinancers, who could receive $1,500 when switching from a home loan of $250,000 or more.

Any catches?

The Suncorp Standard Variable Home Loan Special Offer (Home Package Plus) comes with a few fees, namely the $375 yearly fee and the $350 discharge fee, which you’ll have to worry about once the loan ends.

Details

Rates and fees information correct as at 14 December 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

  • 3.70% 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

  • $375.00 yearly

  • $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

  • yes

  • none

  • Annual package fee is waived in the first year.

  • Receive $2,000 when you refinance an existing loan of $250,000 or more with an LVR of <90%. Apply by 13 December 2019 and settle by 5 March 2020.

*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 14 December 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
  • 3.84% p.a.

  • n/a

  • n/a

  • n/a

  • 3.86% 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

  • $375.00 yearly

  • $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

  • yes

  • none

  • Annual package fee is waived in the first year.

  • Receive $2,000 when you refinance an existing loan of $250,000 or more with an LVR of <90%. Apply by 13 December 2019 and settle by 5 March 2020.

*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 14 December 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

  • 3.99% 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

  • $375.00 yearly

  • $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

  • yes

  • none

  • Annual package fee is waived in the first year.

  • Receive $2,000 when you refinance an existing loan of $250,000 or more with an LVR of <90%. Apply by 13 December 2019 and settle by 5 March 2020.

*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 14 December 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

  • 4.02% 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

  • $375.00 yearly

  • $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

  • yes

  • none

  • Annual package fee is waived in the first year.

  • Receive $2,000 when you refinance an existing loan of $250,000 or more with an LVR of <90%. Apply by 13 December 2019 and settle by 5 March 2020.

*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 Standard Variable Home Loan Special Offer (Home Package Plus)

  • Overall
    7/10
    Great service

    Happy with our bank, great service.

    Happy with our bank, great service.

    Price
    7/10
    Features
    7/10
    Customer service
    7/10
    Convenience
    7/10
    Trust
    7/10

    Stephen | Queensland

    reviewed almost 2 years ago

  • Overall
    10/10
    Great banking experience

    All in one account with savings on fees. Great customer service too.

    All in one account with savings on fees. Great customer service too.

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

    Casey | Western Australia

    reviewed about 3 years ago

  • Overall
    9/10
    The customer still counts!!!

    Always very helpful when assisting with any problems.

    Always very helpful when assisting with any problems.

    Price
    8/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    7/10
    Trust
    9/10

    Kristy | Queensland

    reviewed over 3 years ago

  • Overall
    5/10
    Great rates but shocking service and processes.

    Great low rates, but shocking service and processes. They "misplaced" all our documentation and...

    Great low rates, but shocking service and processes. They "misplaced" all our documentation and requested we go back to our solicitor to have all the documents signed again (at our own cost). Somewhere in between they found our misplaced documents and sent us an approval , a day after we sent our second set of documents to them. All up, the whole process took almost 3 months.

    Price
    9/10
    Features
    8/10
    Customer service
    1/10
    Convenience
    4/10
    Trust
    2/10

    Jane | New South Wales

    reviewed almost 4 years ago

  • Overall
    3/10
    Rates are good but beware bad service.

    Have had ongoing customer service issues including failure to send important documents and a real...

    Have had ongoing customer service issues including failure to send important documents and a real miss-sell on credit card packaging that cost is a couple of hundred dollars in interest payments.

    Price
    8/10
    Features
    5/10
    Customer service
    0/10
    Convenience
    2/10
    Trust
    0/10

    Mandi | Victoria

    reviewed almost 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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*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.