RBA Cash Rate: 4.10% · 1AUD = 0.72 USD · Inflation: 4.6%  

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  Prowest Financial Solutions [ FINANCE SPECIALISTS ]
Home Loan Variable: 5.74% (5.77%*) • Home Loan Fixed: 6.09% (6.62%*) • Fixed: 6.09% (6.62%*) • Variable: 5.74% (5.77%*) • Investment IO: 6.09% (5.99%*) • Investment PI: 5.89% (5.91%*)

  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 April 7, 2026  Effective December 31, 2018

General Lending Rates

Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information
Interest Rate
5.83% PA
Comparison Rate
5.84%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 <80.01% - 90.00%
Minimum: 0.801 PERCENT Maximum: 0.9 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 6.59%, Comparison Rate 6.59%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.59%, Comparison Rate 6.59%
  • 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: 6.15%, Comparison Rate 6.07%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.15%, Comparison Rate 6.07%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  LVR <70.01% - 80.00%
Minimum: 0.701 PERCENT Maximum: 0.8 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 6.01%, Comparison Rate 6.02%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.01%, Comparison Rate 6.02%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR 60.01% - 70.00%
Minimum: 0.601 PERCENT Maximum: 0.7 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 6.15%, Comparison Rate 6.07%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.15%, Comparison Rate 6.07%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  LVR 60.01% - 70.00%
Minimum: 0.601 PERCENT Maximum: 0.7 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 6.00%, Comparison Rate 6.01%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.00%, Comparison Rate 6.01%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR <60.00%
Minimum: 0.01 PERCENT Maximum: 0.6 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 6.15%, Comparison Rate 6.06%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.15%, Comparison Rate 6.06%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  LVR <60.00%
Minimum: 0.01 PERCENT Maximum: 0.6 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 5.99%, Comparison Rate 6.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 5.99%, Comparison Rate 6.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR 90.01% - 95.00%
Minimum: 0.901 PERCENT Maximum: 0.95 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 7.09%, Comparison Rate 7.09%
  • 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: 7.09%, Comparison Rate 7.09%
  • 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: 7.09%, Comparison Rate 6.55%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 7.09%, Comparison Rate 6.55%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  LVR 80.01% - 90.00%
Minimum: 0.801 PERCENT Maximum: 0.9 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 6.14%, Comparison Rate 6.15%
  • 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: 6.14%, Comparison Rate 6.15%
  • 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: 6.29%, Comparison Rate 6.06%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.29%, Comparison Rate 6.06%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  LVR 70.01% - 80.00%
Minimum: 0.701 PERCENT Maximum: 0.8 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 5.88%, Comparison Rate 5.89%
  • 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: 5.88%, Comparison Rate 5.89%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Owner Occupied
  LVR 60.01 to 70%
Minimum: 0.601 PERCENT Maximum: 0.7 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 6.19%, Comparison Rate 5.99%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.19%, Comparison Rate 5.99%
  • 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: 5.84%, Comparison Rate 5.85%
  • 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: 5.84%, Comparison Rate 5.85%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Owner Occupied
  LVR <60%
Minimum: 0.01 PERCENT Maximum: 0.6 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 6.19%, Comparison Rate 5.99%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  Total Mortgage Lending (TML)
Minimum: $150000.00 Maximum: $3750000.00
  • Lending Rate Type: Variable
  • Interest Rate: 6.19%, Comparison Rate 5.99%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  LVR <60%
Minimum: 0.01 PERCENT Maximum: 0.6 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 5.83%, Comparison Rate 5.84%
  • 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: 5.83%, Comparison Rate 5.84%
  • Repayment Type: Principal And Interest
  • 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

  • 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.
  • 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.
  • 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
  • Guarantor Fee (Event), Amount: 200.00. Additional Information: Applies if a guarantor is included in the loan. Fee is per guarantor.
  • Loan Finalisation Fee (Event), Amount: 350.00. Additional Information: Applies when a loan is paid out in full, This includes settlements, refinances and payouts.
  • 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.
  • 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.

 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%.

Document Downloads

■ ■ ■

 
Download our 40-page First Home Buyer Guide. The book includes a large amount of information that will guide you during the buying process, and it provides you with information on your various finance options. 
FHB Book Cover
Timezone: E. AUSTRALIA STANDARD TIME · [ CHANGE ]

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