Suncorp Bank home loans

Suncorp is an Australian bank, insurer and superannuation provider. Suncorp has home loans for investors and owner-occupiers, including fixed and variable rates. Check out the full table of Suncorp products below or read more about the lender and its loans.

Compare Suncorp home loans for December 2023

Hit the "Load more" button to compare a bigger selection of products. You can also find more information on each individual product by clicking "more info".

{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"SAMPLE_COMPARISON_V2_TEMPLATE","nicheCode":"AUFHL","fields":[{"name":"LOAN_AMOUNT","value":"150000","options":"","label":"Borrowing amount","suffix":"$","useSuffixAsPrefix":false,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"30","options":"","label":"Period","suffix":"years","useSuffixAsPrefix":false,"useDropDownOption":false,"tooltip":""}]}

1 - 5 of 14

Updated regularly

We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.

Learn how we maintain accuracy on our site.

Close

Name	Interest Rate p.a.	Comparison Rate p.a.	Fees	Monthly Payment
Suncorp Back to Basics Home Loan Principal & Interest20% min. depositOwner-occupier	Interest Rate 6.14%	Comparison Rate 6.15%	Fees Application: $0 Ongoing: $0 p.a.	Monthly Payment $914	Enquire now Compare
Suncorp Home Package Plus Fixed Principal & Interest 3Y Fixed20% min. depositInvestment	Interest Rate 6.57%	Comparison Rate 6.83%	Fees Application: $0 Ongoing: $0 p.a.	Monthly Payment $956	Enquire now Compare
Suncorp Back to Basics Home Loan Principal & Interest30% min. depositOwner-occupier	Interest Rate 6.14%	Comparison Rate 6.15%	Fees Application: $0 Ongoing: $0 p.a.	Monthly Payment $914	More Info Compare
Suncorp Back to Basics Home Loan Principal & Interest10% min. depositOwner-occupier	Interest Rate 6.49%	Comparison Rate 6.50%	Fees Application: $0 Ongoing: $0 p.a.	Monthly Payment $948	Enquire now Compare
Suncorp Home Package Plus Home Loan Interest only30% min. depositOwner-occupier	Interest Rate 6.89%	Comparison Rate 6.85%	Fees Application: $0 Ongoing: $0 p.a.	Monthly Payment $988	Enquire now Compare

loading

Load More

Showing 5 of 14 results

Suncorp home loan features

Here are the key features and details you need to know about Suncorp's mortgage products.

How do I apply for a Suncorp mortgage?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

Each Suncorp product has specific eligibility criteria but some will apply to all products. For example:

• Age. You must be over 18 years of age.
• Residency. You should be a resident of Australia.
• Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Suncorp you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details: You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's license, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

Lenders like Suncorp

If you're looking for a home loan from a similar lender to Suncorp Bank, you could look at the Big Four or some of Australia's other mid-sized lenders.

• Big Four banks. Check out home loans from Australia's Big Four banks.
• AMP. AMP is a large Australian lender and financial services provider.
• Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks.
• Macquarie Bank. This retail and investment bank is one of Australia's largest.
• ING. This online bank is part of the global, Dutch-based financial group of the same name.

More home loan questions

• How do I compare Suncorp home loans?

  To make sure you find the right Suncorp loan you need a clear idea of what you're looking for in a mortgage. These simple questions can help:

  • Do you need to visit a branch? Suncorp has physical branches across the country, but you can also apply online.
  • What do you need the loan for? If you're buying a home to live in you need an owner-occupier loan. Property investors need an investment loan rate. Suncorp has multiple loans for both borrower types.
  • Fixed or variable? Do you want the flexibility of a variable rate loan that could rise or fall at any time? Or are you happy to lock in a fixed rate for a certain period so you can forget about rate changes at all?
  • What features do you need? You need to decide whether you need features like a 100% offset account, the ability to make extra repayments and the option to split your rate.
  • Do you need a home loan package? Suncorp has some very competitive package loans, which involve bundling a loan with other financial products. But if you won't use the other products in the package (such as a transaction account or credit card) the package might not be worth it.

• Does Suncorp offer home loan pre-approval?

  Suncorp offers home loan pre-approval, which you can apply for online or by making an appointment with a lending specialist.

  Home loan pre-approval is an optional step in the application process that some lenders offer. Pre-approval means a lender has examined your savings, income and spending habits and has a rough idea of how much it could lend you. It's not the same as full loan approval and it's no guarantee that the lender will ultimately approve a full application. But it does allow borrowers to start looking for a home with more confidence and a clearer idea of their borrowing power.

• Are there any risks going with a smaller lender?

  Most Australian borrowers bank with one of the Big Four banks (Commbank, ANZ, Westpac and NAB). You might have some concerns about getting a loan from a smaller lender you've never heard of. But there's no reason to worry just because you've never heard of a lender before.

  In Australia, banks and lenders are regulated by the Australian Prudential Regulation Authority (APRA) or the Australian Securities and Investments Commission (ASIC) and must comply with the National Consumer Credit Protection Act.

  Suncorp is registered as an authorised deposit-taking institution (ADI) by APRA. This means customers with money deposited in a Suncorp savings account benefit from the deposit guarantee scheme. This federal government scheme guarantees a customer's savings up to $250,000.

• Should I go with a fixed or variable rate?

  Deciding between a fixed or variable rate depends on what you want from the loan. A variable rate loan can change at any time, either up or down. A variable rate usually offers more flexibility in how fast you can repay the loan and the cost of refinancing.

  A fixed rate loan offers total certainty about your rate, for the fixed period. This means it won't rise, costing you more. But if your lender starts lowering rates you won't benefit either. Refinancing a fixed rate loan means breaking the loan, because you've agreed to a specific rate. This means you may have to pay a fixed rate break fee.

• Do I need a mortgage broker?

  Mortgage brokers are home loan professionals who can help you find a suitable loan. A broker typically charges you no fee, because they receive a commission from your lender. Brokers are great if you are short on time or find the whole process of researching and applying for a home loan confusing. But you can definitely do it yourself and find a good loan. You may even find a better deal. That's because brokers don't compare loans from every lender in the market. They have access to a panel of loans and often don't have smaller online lenders in their panel.