Fixed Rate Home Loans - Suncorp - 1 yr fixed |
 |
 |
to select a different loan amount and loan term. Currently: $150,000 over 30 years |
|
| Home Loan Lender |
 |
Suncorp Home Loan |
|
| Home Loan Product Name |
1 yr fixed |
| Interest Rate |
7.29% |
Comparison Rate
Estimated |
7.89% |
| Amount |
$150,000 |
| Term |
30 years |
Initial Monthly Payment
Estimated |
$1,027.34 |
Monthly Payment
Estimated |
$1,078.81 |
Total Paid
Estimated |
$392,016 |
| Establishment Fee |
$600.00 |
| Enquire/Apply |
 
|
| Target Market |
Allows the borrower to secure an interest rate and repayment amount for a set period, with some flexibility to make additional payments. |
| Acceptable Income |
As per policy guidelines. |
| Loan Term |
1,2,3,or 5 year fixed interest period.
,
Introductory 12 months.
,
Maximum: 30 Years. |
| Loan Size |
Minimum: $10,000.
,
Maximum: Unlimited. |
| Repayment Type |
Principal & Interest, Interest Only for investment and Interest Only Personal Purpose .
,
Interest Only Personal Purpose the loan must roll to Principle and Interest when the Interest Only Period is completed. Minimum Interest Only term is 3 months with a maximum of 60 months. At the end of 60 months there is an option to extend by an additional 60 months subject to credit approval. Terms and Conditions apply. |
| Repayment Options |
Weekly or Fortnightly or Monthly. |
| Extra Repayments |
|
| Split Loan Facility |
Yes, 1 free. |
| Offset |
Not applicable |
| Redraw Facility |
Not available while loan is on fixed rate. |
| LVR |
Owner Occupier & Investment Maximum LVR 100% Refer Special Lenders Criteria.
,
Refinance/Debt Consolidation No Cash Out Maximum LVR 95%.
,
Refinance/Debt Consolidation Cash Out Maximum LVR 90%.
,
LVR for both personal and investment purposes..
,
Maximum number of loans that can be consolidated is 4. Maximum loan amount $500,000.
,
Vacant Land Maximum LVR 95%. |
| Fees |
Establishment Fee:$600.
,
Account Keeping Fee:$10 per month.
,
Additional Valuation Fee $160
,
Split Loan Fee $200
,
Progressive Funding Fee $250
,
Deferred Establishment Fee applies within the first 4 years Minimum $800
,
or $1400 if Application Fee of $600 not paid upfront.
,
Switching Fee: $300
,
If fixed rate is broken early, Early Payment Interest adjustment, may also apply.
,
Guaranteed Rate Fee is calculated at a rate of 0.15% of the amount borrowed and is financed as part of the loan amount.
,
Establishment fee includes all Valuations and Legal Fees. |
| Enquire/Apply |
|
| Other Fixed Rate Home Loans |
 |
|
|
|
|
 |
| Other Suncorp Home Loan Products |
|
|
|
|
|
|
This Comparison Rate applies only to $150,000 with a loan term of 30 years. The loan amount and term will affect the comparison rate calculation. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparsion rate calculation but may influence the cost of the loan.
This rate is to be used as a guide only and we recommend that you confirm it with the lender before acting upon it.
The information provided in this website is a guide only and may not be complete for your purposes. ratesonline.com.au is not licensed to provide investment advice and recommends that you consult an independent financial adviser.
|