Investment loan rates
Investment property loans
Variable Rate
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Discounted Back to Basics Variable Rate with Better Together Special Offer. Investment. New to bank lending ≥ $150,000. Maximum LVR 60%. Principal and Interest repayments.
No fuss. Just great investment property loan rates.
The effective date of any interest rates is 13 February 2026 unless shown otherwise within interest rate terms and conditions.
View our Suncorp Bank home loan interest rates, generate a facts sheet or compare our home loan types.
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Lingo to know before you invest in property
Fixed Rates
A fixed interest rate is where the interest rate is fixed for a set period of time, so the interest rate charged will not increase or decrease for that period.
Variable Rates
A variable interest rate changes from time to time based on factors such as the cash rate set by the Reserve Bank, relevant rules and regulations, and adjustments made by the bank in response to market conditions or internal policy decisions.
Principal & Interest
The repayments you make will require you to pay off a portion of the principal as well as paying interest charges. This enables your loan to be paid off during its loan term.
Interest only
During the interest only period, you are only required (as a minimum) to pay the interest. When the interest only period ends, your repayments will increase to ensure the loan is paid off during the remaining loan term.
Home Loan Packages
Having multiple accounts with different banks can get messy and complicated when making repayments. A home loan package allows you to combine your eligible home loan and Everyday Options transaction account into a single package to make life simpler for you.
Home Loan Experts
Suncorp Bank’s team of home loan experts are your own dedicated home loan specialists. They provide one point of contact throughout, keeping you up to date every step of the way. They are available 7 days a week and will meet at a time and place that suits you.
Lenders Mortgage Insurance (LMI)
If you are borrowing more than 80% of the bank's determined property value, you will be required to pay LMI.
LMI protects Suncorp Bank against loss in the event of a forced sale of a mortgage property. It does not insure you but may make it possible for you to buy a home with a smaller deposit. You will still be responsible for all amounts owing in relation to your loan.
Loan Value Ratio (LVR)
Your LVR measures the amount of the loan, compared to the bank's determined value of the property. Say you want to buy a house for $500,000 and you have saved up $50,000 as a deposit. Your initial LVR would be 90%: (450,000 / 500,000 = 90%).
Frequently Asked Questions
Still have questions:
Finding the right home loan depends on your situation. Here’s how to start:
- check loan features like offset accounts and redraw facilities.
- speak with a mortgage broker or one of our Suncorp Bank lending specialists.
Want to crunch the numbers? Try our loan repayment calculator to see what your repayments might look like.
An investment property loan is designed for people buying a property to rent out and generate income, rather than live in themselves. At Suncorp Bank, we offer flexible loan options to suit different investment strategies, whether you're looking for a variable or fixed interest rate, an offset account, or interest-only repayments.
When you apply for an investment loan with us, we’ll consider factors such as:
- your income and expenditure
- your existing financial commitments
- any rental income you expect to earn from the property
- the value of the property you want to buy
- your credit history and overall financial position.
If you already own a home, we may also look at the equity you’ve built up, which could help with your deposit. Our lending specialists can help assess your borrowing power and guide you through your options.
Interest rates fluctuate based on economic conditions, inflation and monetary policy set by the RBA. Keeping an eye on RBA announcements and financial forecasts can help you make informed decisions about your loan.
The Reserve Bank of Australia (RBA) sets the cash rate, which influences interest rates offered by banks. When the cash rate changes:
- variable home loan rates may go up or down
- fixed home loan rates remain unchanged for the term of the fixed period, however, the financial institution may change their current rates for new borrowers. Keeping track of the RBA’s decisions can help you decide when to refinance or lock in a fixed rate.
Home loan repayments are influenced by several factors, including the loan’s:
- current balance
- term (e.g. 20 or 30 years)
- interest rate (fixed or variable)
- repayment type (principal & interest or interest-only).
- linked offset account/sub-account balances (if eligible)
If you have a variable interest rate, your repayment amount may change over time as interest rates fluctuate.
Your mortgage repayment consists of two parts:
- principal: the amount borrowed
- interest: the cost of borrowing.
At Suncorp Bank, home loan interest is calculated daily and charged on your monthly repayment due date. We multiply the remaining balance on your loan by your interest rate and divide it by 365 to determine daily interest. You can use the calculator above to get an understanding of how much interest you could pay on your loan over time.
Since interest rates can change, the calculator provides an estimate based on current rates but does not include all potential fees and charges. If a variable rate loan is selected, repayments may fluctuate over time.
Yes. By making extra repayments you can help pay off your mortgage sooner and reduce your total interest paid. Keep in mind:
- fixed-rate loans may have limits on extra repayments
- variable-rate loans often allow unlimited extra repayments.
Another way to reduce interest on your variable home loan is by using an offset account. An offset account may also help to reduce the total cost of repaying your loan. An offset account is a bank account that is linked to your variable home loan. The money in it 'offsets' your variable home loan balance, reducing the total interest you need to pay.
If you have a variable rate home loan, you may be able to:
- change the amount you pay in each repayment (subject to the minimum loan repayment amount)
- make extra repayments to pay off your loan faster
- change the frequency of your repayments (e.g. weekly, fortnightly or monthly)
- switch between principal and interest or interest-only repayments.
Fees and charges may apply, depending on what changes are made, and if applicable, these are listed in the lending fees and charges booklet. If you’ve set up a recurring payment to a home loan from your Suncorp Bank account, you can update it at any time. Find out more about changing your repayments.
The frequency of your repayments - weekly, fortnightly or monthly - can impact how much interest you pay over the life of your loan. Since interest is calculated daily on the unpaid balance, making more frequent repayments may help reduce the total interest you pay.
Use our home loan repayment calculator to see how repayment frequency might affect interest payable.
A comparison rate indicates the true cost of a loan, which is calculated by taking into account both the interest rate and the fees and charges related to the home loan product and reduces these to a single percentage figure for a secured loan amount. The comparison rate is calculated on a loan amount of $150,000 and a term of 25 years. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Principal & interest (P&I): You repay both the loan amount and interest, which reduces your total loan balance over time.
Interest-only repayments requires bank approval. If you are approved, you only pay interest for a set period, resulting in lower repayments initially. However, your repayments will increase later when you start paying off the principal and interest.
Interest-only loans may also have borrowing restrictions or additional conditions, so it’s important to consider your long-term financial goals.
What can I expect?
Whether you want to get pre-approval, a new loan or refinance your existing loan with Suncorp Bank, you can apply quickly online. We’ll reply within two hours or by the next business day.
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100% obligation free advice
Our experienced home lending team are happy to answer all your lending questions. They’ll call you within two hours (or next business day) to discuss your home lending needs.
If you’d like to speak to someone straightaway, please call 13 11 75 Mon-Fri 8am-7pm and Sat 9am-2pm (AEST)
What can I expect?
Whether you want to get pre-approval, a new loan or refinance your existing loan with Suncorp Bank, you can apply quickly online. We’ll reply within two hours or by the next business day.
It may be necessary to vary the terms of your product to convert it to a different replacement product. This means you may end up with a product that has different terms and features from those you initially applied for. In any event, Suncorp Bank will give you more information about these changes before they take effect. You may also wish to consider applying for other products instead. If you have any questions, please contact us on 13 11 75.
Home Loan, Personal and Business Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882) to approved applicants only. Eligibility criteria, conditions, fees and charges apply and are available on request. Please read the relevant Product Information Document and terms and conditions before making any decisions about whether to acquire a product.
The information is intended to be of general nature only. We do not accept any legal responsibility for any loss incurred as a result of reliance upon it – please make your own enquiries.
Any advice contained in this document has been prepared without taking into account your particular objectives, financial situation or needs. For that reason, before acting on the advice, you should consider the appropriateness of the advice having regard to your own objectives, financial situation and needs. Where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should consider the Product Disclosure Statement before making any decision regarding the product. Contact us for a copy.
**Discounted rate is only available for new Investment loans taken out as part of the Better Together Special Offer >= $150,000 and borrowings <= 60% of the security property value (LVR) inclusive of lenders mortgage insurance (if applicable), with Principal and Interest repayments and who hold a Suncorp Bank transaction account. The discounted rate (currently 5.74% p.a.) is calculated by subtracting a discount of 2.83% from the Standard Back to Basics Variable Rate (currently 8.57% p.a.). Rates and discounts are subject to change and may be varied if the loan purpose or repayment type is changed or where the borrower fails to hold a Suncorp Bank transaction account. Pre-approvals excluded. The discounted rate is available on eligible loans applied for from 13 February 2026.
# COMPARISON RATE:
A comparison rate is a rate that indicates the true cost of a loan. This comparison rate is based on $150,000 over a term of 25 years and incorporates certain fees and charges that are applicable for the chosen product.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates for Interest Only Fixed Rate home loans are based on an initial Interest Only period equal in length to the fixed rate period. Comparison rates for Interest Only Variable home loans are based on an initial 5 year Interest Only period.
*Our Special Offers, Package and Standard Interest Rates explained
Interest rates displayed may include a discount margin applied to the applicable Standard Interest Rate and discount margins are subject to maximum LVR requirements. Loan to Value Ratio (“LVR”) limits are inclusive of Lenders Mortgage Insurance (LMI) where applicable.
For a full list of rates with discount margins displayed, please view Interest Rates for Home Loans.
Home Loan Special Offer Rates: Available for customers with eligible new Suncorp Bank home lending over $150,000:
- Home Package Plus - Standard Variable or Fixed Rate home loan packaged with our Everyday Options transaction bank account or;
- Better Together Offer - Combine a Back to Basics home loan with our Everyday Options transaction bank account.
To compare Suncorp Bank Home Loan products, features and fees visit Compare our Home Loans.
Home Package Plus First Home Buyer Special Offer: For eligible Owner Occupier first home buyers who have never previously purchased a property with eligible new Suncorp Bank home lending of over $150,000 and <=95% LVR.
Home Loan Standard Interest Rate: The minimum lending requirement is $10,000 and does not include any discount margins.
All rates are valid until withdrawn and are subject to change. For Better Together Special Offer & Home Package Plus Special Offer, an Everyday Options Account will be opened for all new customers that do not already hold a Suncorp Bank transaction account. Pre-approvals are excluded from Special Offer rates.
For Fixed Rate products, the standard Fixed Rate offered on the day of settlement of the loan will apply unless the rate is secured by paying a Guaranteed Rate Fee. At expiry of the fixed rate period, the rate will revert to the applicable Standard Variable Interest Rate less any applicable margin discount specified in your credit contract. The Interest Only period on a Fixed Rate must equal the Fixed Rate term.
Fixed loans are allowed extra repayments of up to $500 per monthly repayment period without penalty. If an extra repayment is made in excess of the allowance, an Early Payment Interest Adjustment (EPIA) will apply. Find out more about EPIA.
Interest only repayments are subject to credit approval. Before choosing an interest-only repayment option, it's important you understand the potential risks associated with this product feature. As the name suggests, interest-only repayments means you'll repay the interest charges but you are not required to repay the principal during the interest-only period. Since repayments to reduce the principal are not being made during the interest-only period, the full loan amount will still be due at the end of the interest-only period. You will pay more in interest than if you made principal and interest repayments.
Please note that the amounts displaying are indicative only and do not represent Suncorp Bank making an offer of credit or providing loan approval.
Calculator by Widget Works.
##Home Package Plus Annual Fee
$375 annual package fee will be charged and reimbursed while package is active. Savings based on 30-year loan term. Offer subject to change.
Comparison Rate
A comparison rate is a rate that indicates the true cost of a loan. This rate incorporates certain fees and charges that are applicable for the chosen product. For more information about the comparison rate and the comparison rate warning, please refer to the things you should know section of this page.
Lenders Mortgage Insurance
If you are borrowing more than 80% of the value of the property, you will be required to pay Lenders Mortgage Insurance. This is a one-off payment and can be financed into the loan.
Lenders Mortgage Insurance protects Suncorp Bank against loss in the event of a forced sale of a mortgage property. It does not insure you but may make it possible for you to buy a home with a smaller deposit. You will still be responsible for all amounts owing in relation to your loan.
