Suncorp Money Manager Professional Package

Main Features and Fees...

 
Company
Interest Rate Enquire Here - discounts apply see below
Products Available Variable, Asset Line of Credit and Fixed Rates
Offset Account Yes for variable, 3 sub accounts with $75 setup fee
Redraw Facility Yes - $1,000 minimum and 1 free per month then $20
Extra Repayments Product Selected                                           
Lump Sum Repayments Product Selected
Product Change Yes - $300 fee
Portability Product Selected
Construction Product Selected
Split Loan Facility Yes - unlimited
Principle and Interest Payments Yes
Interest Only Payments Yes - 5 years with another 5 year option
FEES                                                 
Upfront Fees Nil
Ongoing Fees $300 per year  @ $25 per month                        
Early Exit Fees $1,600 first 4 years
Discharge of Mortgage Fees Not supplied


Notes

0.50% discount for loans over between $150,000 and $250,000

0.70% discount for loans over $250,000

0.20% Rate Loading applies where final LVR exceeds 90%

 

Key Points about My Home Package:

The Everyday Options Account is a transaction Fee Free account with offset option. $75 one off Offset Fee applicable.

Optional Suncorp Consumer Credit Insurance for Home Loans (death cover, capped at a maximum of $300,000 for 5 years. The cover only applies to new retail loans only:

Standard Variable, Fixed and Back to Basics.

No Genuine Savings required where LVR is under 90%

Genuine Savings Requirements: 3% Minimum for the first home buyers and 5% minimum for subsequent home buyers to all home loans that have an LVR of 90% or more (excluding lenders mortgage insurance)

Vacant Land and Construction available for existing customers only

Cash out conditions - 10% of Loan Amount or max of $50k (lesser of the two).

Credit Bureau Report: must be devoid of derogatory listings including defaults lodge by utilities.



Back to  Suncorp Home Loans


 

Need Help Finding the Right Home Loan...

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Simply click the link below or call 1300 726 136 to have all your mortgage questions answered

 

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