Hi OzBargainers,
I hope everyone is keeping well!
Suncorp have just advised us of a new REFINANCE rebate effective today (02 May 2023).
Suncorp will be changing their existing rebate offer from A SINGLE REBATE to A PER APPLICATION BASIS: (i.e. 3x properties with $500,000 debt will equate to a $9,000 refinance rebate)
- $500,000 / $999,999 = $3,000
- $1,000,000+ = $4,000
Current Variable Rates:
Basic Product: Owner Occupied (With unlimited fee free redraws)**
Additional Discounts of 0.10% to 0.15% are available
O/O Variable; P&I ≤ 60% 5.28%
O/O Variable; P&I ≤ 70% 5.28%
O/O Variable; P&I >70% ≤ 80% 5.34%Professional Package: Owner Occupied (With Offset - Annual Fee Package Waiver for the life of the loan. $11,850 over 30 years)**
Additional Discounts of 0.10% to 0.15% are available
O/O Variable; P&I ≤ 60% 5.34%
O/O Variable; P&I ≤ 70% 5.38%
O/O Variable; P&I >70% ≤ 80% 5.42%Basic Product: Investment (With unlimited fee free redraws)**
Additional Discounts of 0.10% to 0.15% are available
INV Variable; P&I ≤ 60% 5.50%
INV Variable; P&I ≤ 70% 5.52%
INV Variable; P&I >70% ≤ 80% 5.59%
INV Variable, I/O ≤ 60% 5.79%
INV Variable, I/O ≤ 70% 5.83%
INV Variable, I/O >70% ≤ 80% 5.94%Professional Package: Investment (With Offset - Annual Fee Package Waiver for the life of the loan. $11,850 over 30 years)**
Additional Discounts of 0.10% to 0.15% are available
INV Variable; P&I ≤ 60% 5.57%
INV Variable; P&I ≤ 70% 5.64%
INV Variable; P&I >70% ≤ 80% 5.69%
INV Variable; I/O ≤ 60% 5.84%
INV Variable; I/O ≤ 70% 5.89%
INV Variable; I/O >70% ≤ 80% 6.00%
If you find the rates listed above are not competitive to what you currently have, Suncorp will consider pricing matching other lenders for the right deals.
If you are interested in fixing please get in touch and I can provide these details
Rebate offer is available on:
- Owner Occupier and Residential Investment Home Loans
- Principal & Interest and Interest Only Repayments
- Home Package Plus Home Loan (With Offset) and Back to Basic Home Loan (Without Offset)
Rebate offer is not available on:
* Multiple securities listed within the one application (Cross Collateralised)
If you find the rates listed above are not competitive to what you currently have, Suncorp will consider pricing matching other lenders for the right deals.
If you would like an estimate of applicable rates please feel free to call/text/email the following information for each property
O,O or INV
P&I or IO
Loan Amount
Security Value
Further to Suncorp's offer I can confirm I would be happy to offer you a broker rebate based on the metrics below: (Rebates will be calculated on funds net of offset)
$500,000 - $750,000 = $500
$750,000+ = $1,000
Please feel free to email me at [email protected] or text/call me on 0422 699 383 and I would be happy to answer all finance related questions. We do work with a panel of over 40 lenders and will be able to find a home loan tailored to you.
Kind Regards,
Nicholas O’Sullivan
ACL: 389328
Azura Financial
Mod note: duplicate component removed from title.
Noice