Suncorp Bank
Back to Basics Variable Rate Better Together Special Offer
Better Together Special Offer - Save when you combine new or additional lending > $150,000, your Back to Basics Variable Home Loan and transaction account
Home loansBank updated 26 June 2026
At a glance
- Variable (owner occ. P&I)
- 6.08% · 6.09% comparison
- Variable (investor P&I)
- 6.18%
- Max LVR
- 95%
- Features
- redraw, extra repayments
§ 01 — Rates · 17
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Investment · Interest only | — | 1–60% LVR · $150,000–$3,750,000 | 6.38% | 6.27% | — |
| Variable | Investment · Interest only | — | 60–70% LVR · $150,000–$3,750,000 | 6.38% | 6.29% | — |
| Variable | Investment · Interest only | — | 70–80% LVR · $150,000–$3,750,000 | 6.38% | 6.30% | — |
| Variable | Investment · Interest only | — | 80–90% LVR · $150,000–$3,750,000 | 6.84% | 6.84% | — |
| Variable | Investment · P&I | — | 1–60% LVR · $150,000–$3,750,000 | 6.18% | 6.19% | — |
| Variable | Investment · P&I | — | 60–70% LVR · $150,000–$3,750,000 | 6.22% | 6.23% | — |
| Variable | Investment · P&I | — | 70–80% LVR · $150,000–$3,750,000 | 6.23% | 6.24% | — |
| Variable | Investment · P&I | — | 80–90% LVR · $150,000–$3,750,000 | 6.84% | 6.84% | — |
| Variable | Owner occupied · Interest only | — | 1–60% LVR · $150,000–$3,750,000 | 6.44% | 6.24% | — |
| Variable | Owner occupied · Interest only | — | 60–70% LVR · $150,000–$3,750,000 | 6.44% | 6.24% | — |
| Variable | Owner occupied · Interest only | — | 70–80% LVR · $150,000–$3,750,000 | 6.54% | 6.31% | — |
| Variable | Owner occupied · Interest only | — | 80–90% LVR · $150,000–$3,750,000 | 7.34% | 6.81% | — |
| Variable | Owner occupied · P&I | — | 1–60% LVR · $150,000–$3,750,000 | 6.08% | 6.09% | — |
| Variable | Owner occupied · P&I | — | 60–70% LVR · $150,000–$3,750,000 | 6.08% | 6.09% | — |
| Variable | Owner occupied · P&I | — | 70–80% LVR · $150,000–$3,750,000 | 6.13% | 6.14% | — |
| Variable | Owner occupied · P&I | — | 80–90% LVR · $150,000–$3,750,000 | 6.39% | 6.40% | — |
| Variable | Owner occupied · P&I | — | 90–95% LVR · $150,000–$3,750,000 | 7.34% | 7.34% | — |
§ 02 — Fees · 11
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Additional Valuation Fee | Event | $150 | — | The first valuation assessment for each loan application is provided by the Bank. If any additional valuation assessments that involve a physical inspection are obtained by us for assessing the loan… |
| Arrears Administration Fee | Event | $20 | — | The bank at its discretion will charge either an Arrears Administration Fee or Default Interest if an event of default in payment occurs. |
| Copy of Documents Fee | Event | $35 | — | Payable if we are required to obtain a copy of a document, including Mortgage or title search. |
| Default Interest | Event | 2.00% of balance | — | The bank at its discretion will charge either an Arrears Administration Fee or Default Interest if an event of default in payment occurs. |
| Guarantor Fee | Event | $200 | — | Applies if a guarantor is included in the loan. Fee is per guarantor. |
| Loan Finalisation Fee | Event | $350 | — | Applies when a loan is paid out in full, This includes settlements, refinances and payouts. |
| Progressive Funding Fee | Event | $300 | — | Applies at loan settlement or first draw (at the Bank's discretion) for any part of the loan provided for construction purposes. |
| Renegotiation Fee | Event | $300 | — | Payable when you request a change to the Credit Contract or Security and this change is completed. |
| Staff Assisted Home Loan Repayment Fee | Event | $5 | — | The fee will apply for transfers made to a Back to Basics Variable Home Loan at a Suncorp Bank branch. |
| Establishment Fee | Upfront | $600 | — | Applies to loans where borrowings are less than 90% of the property value, waived for loans greater than $150,000 |
| Establishment Fee | Upfront | $990 | — | Applies to loans where borrowings are greater than or equal to 90% of the property value, waived for loans over $150,000 |
§ 03 — Features
RedrawExtra repaymentsDigital banking
- · No monthly account keeping fee
- · No ongoing annual fee
- · Loan Establishment Fee is waivered for loans over $150,000
- · A discounted interest rate when you combine new lending over $150,000 with an Everyday Options bank account
- · The choice of Interest Only repayments for a maximum period of five years and subject to you satisfying applicable bank criteria
- · Ability to add additional funds. An additional Loan is available (subject to satisfying our credit requirements) and fees and conditions may also apply
- · Phone Banking
- · Ability to set up automated repayments
- · Ability to split the loan balance into multiple loan accounts to take advantage of both fixed and variable interest rates.
§ 04 — Eligibility & limits
- · Amount $150,000 to $3,750,000
- · Maximum LVR 95%
- · New or additional lending of $150,000 + and borrowers must hold a Suncorp Bank transaction account (or one will be opened for them)
- · Home Loans provided to approved applicants only. Credit and lending criteria applies and is subject to change without notice
§ 06 — Run the numbers
Put this product through a calculator
Published by Suncorp Bank under the Consumer Data Right, last changed by them on 26 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.