Rates and Fees
Get home sooner with Sucasa.
We’ve designed our products to be the best value in market if you don’t have a ‘full deposit’.
Our products are designed for borrowers looking for an 85-98% LVR home loan
Our products give you the flexibility to balance between upfront fees and interest rate to make the most of your circumstances. Whatever your choice, all our products are designed to provide better value than loans with Lenders Mortgage Insurance (LMI).
Our Products
Our loans are only available for borrowers who would otherwise require LMI.
Not suitable for those eligible for Federal First Home Guarantee or LMI waivers
6.05% p.a.
6.22% p.a.
We’ll always beat LMI
6.46% p.a.
6.59% p.a.
60-70% of the Ultra Low Rate fee
7.16% p.a.
7.23% p.a.
$0
6.45% p.a.
6.64% p.a.
We’ll always beat LMI
6.96% p.a.
7.11% p.a.
60-70% of the Ultra Low Rate fee
6.05% p.a.
6.28% p.a.
We’ll always beat LMI
6.63% p.a.
6.81% p.a.
60-70% of the Ultra Low Rate fee
7.62% p.a.
7.69% p.a.
$0
6.45% p.a.
6.71% p.a.
We’ll always beat LMI
7.17% p.a.
7.37% p.a.
60-70% of the Ultra Low Rate fee
6.05% p.a.
6.32% p.a.
We’ll always beat LMI
6.72% p.a.
6.92% p.a.
60-70% of the Ultra Low Rate fee
6.45% p.a.
6.76% p.a.
We’ll always beat LMI
7.29% p.a.
7.52% p.a.
60-70% of the Ultra Low Rate fee
*For purchases up to $2.5m with a Sucasa Primary and Accelerator Variable Home Loan. Higher rates may apply for property prices above $2.5m.
Common Q’s
Why do we charge a Rate Reduction Fee?
The purpose of our products is to lower the cost of ownership for aspiring homeowners. When choosing a low-deposit home loan, customers are often balancing the interest rate and upfront cost i.e. finding the right product based on your income and expenses, and also the deposit you’ve saved.
We vary both the Interest Rate and Rate Reduction Fee across our products. By charging the Rate Reduction Fee, we’re able to reduce the interest rate on our Low Rate and Ultra Low-Rate products.
Why do we provide a split loan?
All our loans are split between a larger Primary Loan (0-80% LVR) and a smaller Accelerator Loan for the remainder.
Splitting our loans empowers our customers. On our Low Rate and Low Fee products, the Accelerator Loan interest rate is higher than the Primary Loan. Splitting our loans allows you to repay the Accelerator Loan off faster, and bring down your effective interest rate in the process!
We believe this is better than a single rate loan, where regardless of the repayments you make, you’re stuck on a higher rate until you refinance.
We’ve minimised those pesky fees!
We work hard to make sure you keep more in your pocket.
Government and third-party fees
Unavoidable, unfortunately.
Around $140 - $300
Dependent on your property value and which state you're in.