Suncorp Line of Credit

Rates

• Rate type

  variable

• Variable rate

  5.49% p.a.Residential Security Rate

• Fixed 1 year rate

  n/a

• Fixed 2 year rate

  n/a

• Fixed 3 year rate

  n/a

• Fixed 4 year rate

  n/a

• Fixed 5 year rate

  n/a

• Fixed 6 year rate

  n/a

• Fixed 7 year rate

  n/a

Fees

• Upfront fee

  $0 for loans settled by 30 June 2020

• Ongoing fees

  $80 per quarter

• Late payment fee

  $20.00

• Exit fee

  $350

• Early repayment penalty

  not disclosed

• Transaction fee

  not disclosed

Features

• Repayment frequency

  n/a

• Repayment types

  n/a

• Extra repayments allowed

  n/a

• Redraw allowed

  n/a

• Card access

  yes

• Cheque access

  yes

• Other benefits

  $0 Establishment fee for loans settled by 30 June 2020 (usually $800 or 0.3% of loan amount if over $500,000, maximum $3000)

• Other restrictions

  none