Back to Basics Variable Rate Better Together Special Offer
Better Together Special Offer - Save when you combine new or additional lending > $150,000, your Back to Basics Variable Home Loan and transaction account
Category: Home Loans Last Updated December 18, 2025 Effective December 31, 2018
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information
Interest Rate
5.39% PA
5.39% PA
Comparison Rate
5.40%PA*
5.40%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will vary based on the LVR and other conditions..
LVR 60.01 to 70%
Minimum: 0.601 PERCENT Maximum: 0.7 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.69%, Comparison Rate 5.53%
- Repayment Type: Interest Only
- Loan Purpose: Owner Occupied
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.69%, Comparison Rate 5.53%
- Repayment Type: Interest Only
- Loan Purpose: Owner Occupied
LVR 60.01 to 70%
Minimum: 0.601 PERCENT Maximum: 0.7 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.49%, Comparison Rate 5.50%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.49%, Comparison Rate 5.50%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
LVR 60.01 to 70%
Minimum: 0.601 PERCENT Maximum: 0.7 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.65%, Comparison Rate 5.56%
- Repayment Type: Interest Only
- Loan Purpose: Investment
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.65%, Comparison Rate 5.56%
- Repayment Type: Interest Only
- Loan Purpose: Investment
LVR 60.01 to 70%
Minimum: 0.601 PERCENT Maximum: 0.7 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.40%, Comparison Rate 5.41%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.40%, Comparison Rate 5.41%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
LVR 70.01% - 80.00%
Minimum: 0.701 PERCENT Maximum: 0.8 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.40%, Comparison Rate 5.41%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.40%, Comparison Rate 5.41%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
LVR 80.01% - 90.00%
Minimum: 0.801 PERCENT Maximum: 0.9 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.64%, Comparison Rate 5.65%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.64%, Comparison Rate 5.65%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
LVR 80.01% - 90.00%
Minimum: 0.801 PERCENT Maximum: 0.9 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 6.59%, Comparison Rate 6.05%
- Repayment Type: Interest Only
- Loan Purpose: Owner Occupied
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 6.59%, Comparison Rate 6.05%
- Repayment Type: Interest Only
- Loan Purpose: Owner Occupied
LVR 90.01% - 95.00%
Minimum: 0.901 PERCENT Maximum: 0.95 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 6.59%, Comparison Rate 6.59%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 6.59%, Comparison Rate 6.59%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
LVR 70.01% - 80.00%
Minimum: 0.701 PERCENT Maximum: 0.8 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.50%, Comparison Rate 5.51%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.50%, Comparison Rate 5.51%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
LVR 70.01% - 80.00%
Minimum: 0.701 PERCENT Maximum: 0.8 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.65%, Comparison Rate 5.57%
- Repayment Type: Interest Only
- Loan Purpose: Investment
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.65%, Comparison Rate 5.57%
- Repayment Type: Interest Only
- Loan Purpose: Investment
LVR 80.01% - 90.00%
Minimum: 0.801 PERCENT Maximum: 0.9 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 6.09%, Comparison Rate 6.10%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 6.09%, Comparison Rate 6.10%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
LVR 80.01% - 90.00%
Minimum: 0.801 PERCENT Maximum: 0.9 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 6.09%, Comparison Rate 6.09%
- Repayment Type: Interest Only
- Loan Purpose: Investment
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 6.09%, Comparison Rate 6.09%
- Repayment Type: Interest Only
- Loan Purpose: Investment
LVR <60%
Minimum: 0.01 PERCENT Maximum: 0.6 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.49%, Comparison Rate 5.50%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.49%, Comparison Rate 5.50%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
LVR <60%
Minimum: 0.01 PERCENT Maximum: 0.6 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.65%, Comparison Rate 5.56%
- Repayment Type: Interest Only
- Loan Purpose: Investment
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.65%, Comparison Rate 5.56%
- Repayment Type: Interest Only
- Loan Purpose: Investment
LVR <60%
Minimum: 0.01 PERCENT Maximum: 0.6 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.39%, Comparison Rate 5.40%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.39%, Comparison Rate 5.40%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
LVR 70.01% - 80.00%
Minimum: 0.701 PERCENT Maximum: 0.8 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.79%, Comparison Rate 5.57%
- Repayment Type: Interest Only
- Loan Purpose: Owner Occupied
Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
- Lending Rate Type: Variable
- Interest Rate: 5.79%, Comparison Rate 5.57%
- Repayment Type: Interest Only
- Loan Purpose: Owner Occupied
Product Features
- Other Additional Information: No monthly account keeping fee
- Other Additional Information: No ongoing annual fee
- Other Additional Information: Loan Establishment Fee is waivered for loans over $150,000
- Extra Repayments Additional Information: Unlimited additional repayments
- Redraw Additional Information: Redraw additional repayments as cashback, with no cashback fee and unlimited withdrawals
- Other Additional Information: A discounted interest rate when you combine new lending over $150,000 with an Everyday Options bank account
- Other Additional Information: The choice of Interest Only repayments for a maximum period of five years and subject to you satisfying applicable bank criteria
- Other Additional Information: Ability to add additional funds. An additional Loan is available (subject to satisfying our credit requirements) and fees and conditions may also apply
- Digital Banking
- Other Additional Information: Phone Banking
- Other Additional Information: Ability to set up automated repayments
- Other Additional Information: Ability to split the loan balance into multiple loan accounts to take advantage of both fixed and variable interest rates.
Product Eligibility
- Other Additional Information: New or additional lending of $150,000 + and borrowers must hold a Suncorp Bank transaction account (or one will be opened for them)
- Other Additional Information: Home Loans provided to approved applicants only. Credit and lending criteria applies and is subject to change without notice
Bank Fees and Charges
- Staff Assisted Home Loan Repayment Fee (Event), Amount: 5.00. Additional Information: The fee will apply for transfers made to a Back to Basics Variable Home Loan at a Suncorp Bank branch.
- Arrears Administration Fee (Event), Amount: 20.00. Additional Information: The bank at its discretion will charge either an Arrears Administration Fee or Default Interest if an event of default in payment occurs.
- Copy Of Documents Fee (Event), Amount: 35.00. Additional Information: Payable if we are required to obtain a copy of a document, including Mortgage or title search.
- Additional Valuation Fee (Event), Amount: 150.00. Additional Information: The first valuation assessment for each loan application is provided by the Bank. If any additional valuation assessments that involve a physical inspection are obtained by us for assessing the loan security, than this fee will apply.
- Guarantor Fee (Event), Amount: 200.00. Additional Information: Applies if a guarantor is included in the loan. Fee is per guarantor.
- Progressive Funding Fee (Event), Amount: 300.00. Additional Information: Applies at loan settlement or first draw (at the Bank's discretion) for any part of the loan provided for construction purposes.
- Renegotiation Fee (Event), Amount: 300.00. Additional Information: Payable when you request a change to the Credit Contract or Security and this change is completed.
- Loan Finalisation Fee (Event), Amount: 350.00. Additional Information: Applies when a loan is paid out in full, This includes settlements, refinances and payouts.
- Default Interest (Event), Amount: Not Listed.. Additional Information: The bank at its discretion will charge either an Arrears Administration Fee or Default Interest if an event of default in payment occurs.
- Establishment Fee (Upfront), Amount: 600.00. Additional Information: Applies to loans where borrowings are less than 90% of the property value, waived for loans greater than $150,000
- Establishment Fee (Upfront), Amount: 990.00. Additional Information: Applies to loans where borrowings are greater than or equal to 90% of the property value, waived for loans over $150,000
Limitations & Restrictions (Constraints)
- Min Limit of 150000.00 Additional Information: Minimum Loan Balance of $150,000
- Max Limit of 3750000.00 Additional Information: Maximum Loan Balance of $3,750,000
- Min Lvr of 0.01 Additional Information: Minimum LVR of 1%
- Max Lvr of 0.95 Additional Information: Maximum LVR of 95%. Up to 95% for Owner Occupied P&I. Up to 90% for Investment Loans and Interest Only Repayment Type
Document Downloads
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