The Finance Algorithm
Suncorp Bank

Standard Variable Rate - Home Package Plus Special Offers for First Home Buyers

Special Offer discounts for First Home Buyers on Standard Variable rates in your Home Package Plus with New or additional lending of > $150,000

Home loansBank updated 15 May 2026
At a glance
Variable (owner occ. P&I)
6.74% · 7.09% comparison
Max LVR
95%
Annual fee
$375
Features
offset, redraw, extra repayments
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableFirst Home Buyer with New home lending of > $150,000Owner occupied · P&I1–95% LVR · $150,000–$3,750,0006.74%7.09%
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
Additional Valuation FeeEvent$150The 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 FeeEvent$20The 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 FeeEvent$35Payable if we are required to obtain a copy of a document, including Mortgage or title search.
Default InterestEvent2.00% of balanceThe bank at its discretion will charge either an Arrears Administration Fee or Default Interest if an event of default in payment occurs.
Guarantor FeeEvent$200Applies if a guarantor is included in the loan. Fee is per guarantor.
Loan Finalisation FeeEvent$350Applies when a loan is paid out in full, This includes settlements, refinances and payouts.
Progressive Funding FeeEvent$300Applies at loan settlement or first draw (at the Bank's discretion) for any part of the loan provided for construction purposes.
Home Package Plus Annual FeePeriodic$375Every 1 yrThe Home Package Plus Annual Fee is waived for First Home Buyers for the life of the loan
§ 03 — Features
Offset accountRedrawExtra repaymentsDigital banking
  • · 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
  • · Split your loans in the package to include Variable and Fixed Rate loan/s at no additional cost
  • · No Annual Fee - The Home Package Plus fee is waived for the life of the loan for First Home Buyers
  • · No Establishment Fee
  • · A discounted interest rate when you combined total home lending over $150,000 with an Everyday Options Account
§ 04 — Eligibility & limits
  • · Amount $150,000 to $3,750,000
  • · Maximum LVR 95%
  • · Home Loans provided to approved applicants only. Credit and lending criteria applies and is subject to change without notice
  • · Home Package Plus - New Home Lending of $150,000 +
  • · First Home Buyers - Applicable for Owner Occupied First Home Buyers who qualify within their state as first home buyers.

Published by Suncorp Bank under the Consumer Data Right, last changed by them on 15 May 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.