| Home Loan Lender |
 |
Suncorp Home Loan |
|
| Home Loan Product Name |
Variable >$250K 0.70% Disc |
| Interest Rate |
7.10% |
Comparison Rate
Estimated |
7.24% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,008.05 |
Total Paid
Estimated |
$367,080 |
| Establishment Fee |
$600.00 |
| Enquire/Apply |
 
|
| Target Market |
Variable rate loan whereby the interest rate falls or rises as the market fluctuates. |
| Acceptable Income |
As per policy guidelines. |
| Loan Term |
Maximum: 30 Years. |
| Loan Size |
Minimum: $10K.
,
Maximum: Unlimited. |
| Repayment Type |
Principle & Interest , Interest Only 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. |
| Offset |
100% Home Loan Offset facility available. |
| Redraw Facility |
Minimum: $1,000 1 free redraw (via Internet and to Suncorp account) each month $20 fee. |
| LVR |
Investment Maximum LVR 100% Refer Special Lender 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 $500k..
,
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.
,
Minimum $800 maximum $1400.
,
Switching Fees:$300.
,
Redraw Fee $20.
,
Offset Facility Fee $75 (once only fee) |
| Enquire/Apply |
|