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With flexibility in terms and repayments and a redraw facility, the Suncorp Bank Standard Variable Rate Home Loan allows you to pay off your home loan quickly, with a maximum loan term of 30 years and a competitive interest rate.
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Review by
Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206) and a Tier 1 Generic Knowledge certification (RG 146).
Available as a full documentation home loan, the Standard Variable Rate Home Loan can be used for either personal or investment purposes.
This is a variable rate home loan with interest starting at 9.23% p.a.. You can choose to pay the loan off early with extra repayments or enjoy low monthly repayment amounts and allow the loan to mature at 30 years.
Please make sure that you first can meet Suncorp's eligibility requirements:
Have the following documentation ready to facilitate the process: