Finishing a fixed rate term

If you’ve fixed all or part of your home loan for a period, and that term is about to expire, then it’s a great time to think about your next move with your home loan.

What do I do when my fixed rate term has finished1?

If you do not request otherwise at the end of a fixed rate period, your loan will automatically revert to the Standard Variable Interest Rate.

However, upon a fixed rate period coming to a close, you also have the option to:

  • 'Refix' your interest rate for another fixed rate term, or
  • 'Split' your previously fixed portion into both fixed and variable, to more flexibly suit your needs. ​More information on splitting your loan.


How will I know when my fixed-rate term is finishing?

We’ll make sure you’re notified in advance of your fixed rate term ending by mail and phone, giving you plenty of time to decide what you’d like to do next. We’ll present all your options and what they mean to you and your loan, as well as detailing how you can take action.

If you are an Internet Banking customer or use our mobile app. you can also see your fixed rate term end date each time you view your fixed rate loan details.

If you have any questions about finishing a fixed rate term, call us on 13 11 75 and speak with a Home Loan Specialist.



1 This does not apply when you have reached the end of your loan term. The balance owing is repayable when your loan term ends.

Home Loans are provided by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence 229882 (“Suncorp Bank”) to approved applicants only. Terms, conditions, fees and charges apply and are available upon request.