Back to Basics
Our lowest variable rate.
100% obligation-free support
Our lowest variable rate
Variable rate
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Comparison rate
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Discounted Back to Basics Variable Rate with Better Together Special Offer. Owner Occupied. New to bank lending ≥ $150,000. Maximum LVR 60%. Principal and Interest repayments.
Why choose a Back to Basics Home Loan?
Low variable interest rate
You could save on interest with our lowest variable home loan rate.
Low fees
No monthly loan account keeping fees or ongoing annual fee. Plus, no loan establishment fee on new lending of $150,000 or more.
Flexible options
Unlimited additional repayments. Redraw additional repayments as cashback. Interest only repayment option subject to credit approval.
Easy application, fast approvals
Apply online
Once your loan has been submitted online, you will hear from your dedicated lender. We’ll reply within two hours or by the next business day to confirm the details provided and answer any questions you may have.
Indicative approval
You may get pre-approval within 1 business day, provided everything in your online application checks out and and meets our eligibility criteria. Alternatively, your lender may contact you for more information so we can progress you to the next stage. It is obligation-free and you can apply online more than once.
Valuation & verification
We will ensure everything is correct in your loan application and do a valuation of the property if applicable or required (which can vary depending on individual circumstances). Conditional approval may be issued while the valuation is in process.
Fast approvals
Providing steps 1 to 3 are successful, you can get final approval in about 1 week.
Home loan features & fees
Home loan interest rates
Home loan calculators & resources
What could my repayments be?
How much could I borrow?
Stamp duty & concession calculator
Compare home loans
Things you should know
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.
# 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.
±Discounted rate is only available for new Personal/Owner Occupied 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 5.88% p.a.) is calculated by subtracting a discount of 2.52% from the Standard Back to Basics Variable Rate (currently 8.40% 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 28 February 2025.
