Asset Line - Line of Credit

Achieve the lifestyle you want by accessing the equity in your home or investment property as a line of credit.

  • Immediate and easy access to your money at a Suncorp branch, via telephone or Internet Banking.
  • Choose to split into two loans – one for personal purpose use and the other for investment purpose.
  • You decide how often and how much you pay off your loan provided the balance stays within the approved limit.
Our home loans
Call us on
13 11 75
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Loan Type
  • Variable Rate Loan - Line of Credit
Purpose
  • Personal
  • Investment
  • Low-Doc for self-employed people1
Repayment Flexibility
  • No minimum monthly repayments.
  • You decide how often and how much to pay off your loan (provided your total loan balance stays within your approved credit limit).
Interest Earned
  • Any money in your Asset Line account earns interest, if the balance is in credit
Transactions
  • 10 fee free standard transactions including staff assisted transactions per month, then 60c each.2
Combined Value Discounts
  • If you have multiple home loans with Suncorp Bank, we also offer a Combined Value Discount option that may assist in helping you reach that goal of paying off your loan sooner.
  • This option takes into account the combined value of your home loans with Suncorp Bank and applies a discount margin to the interest rate for applicable loans3

  • Total Home Lending between $150,000 and $249,999 - a discount of 0.50% p.a. (approximate savings value of $500 per $100,000 loan balance outstanding)
  • Total Home Lending between $250,000 and above - a discount of 0.70% p.a. (approximate savings value of $700 per $100,000 loan balance outstanding)
Access to Funds
  • Enjoy immediate access to your money at a Suncorp branch, via telephone or Internet Banking for any purpose you like5.
Statements
  • Statements are issued monthly.

 

Loan Establishment Fee
  • $600
Account Keeping Fee
  • $10 per month
Mortgage Insurance
  • If applicable, for Full Doc loans over 80% loan to value ratio or Low Doc loan over 60% loan to value ratio.

For a complete guide to the fees and charges on our loans, please download the Lending Fees and Charges brochure or obtain a copy from a Suncorp branch near you.

Get in touch

Our Home Loan Specialists are easy to contact– online, face-to-face, or over the phone on 13 11 75.

  • Enquire online and a Home Loan Specialist will help you find a loan that best suits your needs.
  • Arrange an appointment with a Home Loan Specialist in one of our branches. They’ll even come to you – where and when it suits best.
    If you prefer, just drop into one of our branches or  call us on 13 11 75.

Ready to apply?

There are plenty of ways to start the home loan application process.

  • Simply apply online and our Home Loan Specialist will help guide you through the application process.
  • Submit your application in one of our branches, or over the phone on 13 11 75.

Things you should know


1 A Low Doc Margin will be added to the reference rate. Terms and Conditions apply.
2 Standard transactions exclude BPAY®, external transfers and ATM Operator Fees (all transactions) incurred at non-Suncorp ATM’s in all states and territories. Suncorp will rebate up to a maximum of $10.00 per month ATM 5 Operator Withdrawal Fees incurred at non-QLD and designated non-Suncorp ATMs. 
3 Terms adn Conditions apply. Available on full doc loans only. Discount margins are subject to change at any time without notice.  

 


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