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Suncorp Standard Variable Home Loan Special Offer (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 interest only 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 80%

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 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 < 80%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $150,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $150,000

Rate
2.54% p.a.
Comparison Rate
2.96% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
2.69% p.a.
Comparison Rate
3.11% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
2.99% p.a.
Comparison Rate
3.14% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
2.89% p.a.
Comparison Rate
3.30% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
2.99% p.a.
Comparison Rate
3.29% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
3.09% p.a.
Comparison Rate
3.17% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
3.19% p.a.
Comparison Rate
3.20% p.a.
Service fee
$375.00 yearly
Upfront fee
$0

Mozo editorial review Suncorp Standard Variable Home Loan Special Offer (Home Package Plus) - last updated: 8 June 2021

binocular icon
What's hot
  • Free extra repayments and redraw facility available (conditions apply)
  • 2.54% p.a. variable rate (2.96% p.a. comparison rate*)
  • 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)
  • 2021 Mozo Experts Choice Award-winner
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 2.54% p.a. (2.96% p.a. comparison rate*), while investors can enjoy rates as low as 3.09% p.a. (3.17% p.a. comparison rate*). It's no wonder this home loan was awarded a 2021 Mozo Experts Choice Award in the Packaged Home Loan category. 

key icon
Key features

With the Suncorp Standard Variable Home Loan Special Offer (Home Package Plus), owner occupiers borrowing at least $150,000 (LVR up to 80%) will be able to take advantage of a competitive 2.54% p.a. variable rate (2.96% 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 3.09% p.a. (3.17% 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. And for a limited time, customers looking to borrow at least $150,000 will be treated to a discounted rate, plus Suncorp will waive the annual fee for the life of the loan! 

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


snapshot
Who is it good for

This one would suit first home buyers, who would benefit from the 90% LVR or anyone looking for a loan with a solid interest rate with flexible features. 

question icon
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. 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.

Details

Rates and fees information correct as at 4 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

2.54% p.a.

n/a

n/a

n/a

2.96% 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

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

yes

yes

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 4 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

2.69% p.a.

n/a

n/a

n/a

3.11% 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

80.00%

90.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

yes

yes

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 4 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

2.99% p.a.

n/a

n/a

n/a

3.14% 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

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

yes

yes

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 4 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

2.89% 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

$375.00 yearly

$350.00

Other financial bits

$150,000

none

none

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

yes

yes

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 4 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

2.99% p.a.

n/a

n/a

n/a

3.29% 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

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

yes

yes

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 4 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

3.09% p.a.

n/a

n/a

n/a

3.17% 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

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

yes

yes

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 4 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

3.19% p.a.

n/a

n/a

n/a

3.20% 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

80.00%

90.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

yes

yes

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.

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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.