| Home Loan Lender |
 |
Suncorp Home Loan |
|
| Home Loan Product Name |
Business Essential |
| Interest Rate |
9.04% |
Comparison Rate
Estimated |
9.10% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,211.25 |
Total Paid
Estimated |
$436,760 |
| Establishment Fee |
$800.00 |
| Enquire/Apply |
 
|
| Target Market |
Business & Investment purposes. Funds can be used for businesses wanting to finance essential activities like expansion, purchasing new premises, plant and machinery, or any worthwhile business undertaking. |
| Acceptable Income |
PAYGE & Self Employed. |
| Loan Term |
No minimum term.
,
Maximum 25 years (Residential)
,
Maximum 20 years (Commerical) |
| Loan Size |
Minimum $250K.
,
If less than $250K refer to Lender
,
Maximum $1M. |
| Repayment Type |
Principal and Interest or Interest Only. |
| Repayment Options |
Weekly, fortnightly and monthly available.
,
Note: Interest Only repayments are monthly. |
| Extra Repayments |
|
| Split Loan Facility |
Yes - no fees maximum of two splits. |
| Offset |
Not Available. |
| Redraw Facility |
Re-draw is available. Minimum redraw amount is $1,000.. |
| LVR |
Owner Occupier Maximum LVR 80%.
,
Investment Maximum LVR 80%.
,
Construction N/A.
,
Refinance Maximum LVR 80%.
,
Vacant Land N/A.
,
Maximum LVR 80% for acceptable residential security. |
| Fees |
Application Fees $800.
,
Valuation Fee refer to lender.
,
No Account Keeping Fee.
,
Deferred Establishment Fee if paid within 4 years $1200.
,
Product Switch $300 |
| Enquire/Apply |
|