This Key Facts Sheet Calculator will provide you with a summary of the repayments, fees and total cost of each of our home loans.
In order to provide the best rates, Sucasa provides two loans to borrowers - a Primary Loan (for up to 80% of property value) and an Accelerator Loan (for remainder of the property value). Our key fact sheets are split up accordingly so you can understand the costs of each loan.
If you are looking to understand what your combined loans and effective interest rates would look like, we suggest you visit our Borrowing Capacity Calculator.
This information has been prepared by Sucasa Loans Pty Ltd ACN 106 968 370 Australian Credit Licence 443249 and does not take into account your objectives, fifinancial situation or needs. This is a comparison tool only and is not an offer of credit. Please note that Sucasa’s lending criteria, fees and T&Cs apply to all Sucasa Loan products.
The Sucasa Key Facts Sheet (KFS) is based on standard home loan information and does not contain discounted interest rates or special offers that may apply to you. All information is current as at the date of production of the KFS.
The results from this KFS calculator should be used as an indication only based on the information you input. The results do not represent either quotes, approval for a loan or pre-qualifications for any product or imply the product is suitable for you. To determine which loan is appropriate for your circumstances, you should speak to our Sucasa Team. Information such as interest rates quoted and default figures used in the assumptions are subject to change.
Before acting on this general information, you must consider its appropriateness having regard to your own objectives, financial situation and needs and also seek independent financial, legal and taxation advice as appropriate.
No guarantee, warranty, or representation is given or implied as to the reliability or accuracy of the information used to compile each KFS calculation. Other than as required under consumer protection law, Sucasa specifically disclaims any liability (whether based in contract, tort, strict liability or otherwise) for any direct, indirect, incidental, consequential, or special damages or for any loss (including, without limitation, loss of data, interruption to business, loss of profits and loss of investments) arising out of or in any way connected with the access to, reliance on, or use of this KFS calculator.
Fee type
Primary Loan Cost
Accelerator Loan Cost
Primary Loan Fee
Accelerator Loan Fee
Included ? (1=yes, 0=no)
Note
Upfront Fees
Loan Application Fee
TBC
TBC
0
0
1
-
Loan Establishment Fee
TBC
TBC
0
0
1
-
Fixed Rate Lock Fee
495
TBC
0
0
0
-
Valuation Fee
TBC
TBC
0
0
1
-
Documentation preparation and registration fee
At Cost
TBC
0
0
1
-
Lender’s Annual Facility Fee
TBC
TBC
0
0
1
-
Loan Documentation and Translation Fee
TBC
TBC
0
0
1
-
Loan Risk Fee
TBC
TBC
0
0
1
-
Loan Settlement Fee
550
TBC
0
0
1
-
Settlement Cancellation Fee
TBC
TBC
0
0
0
Payable if settlement is cancelled for any reason when we are first notified of the cancellation. Not payable on settlement postponement.
Total upfront fees
-
-
0
0
-
-
Post-Settlement Fees
Lender’s Annual Facility Fee
$0 for <=80% LVR, $295 otherwise
TBC
0
0
1
-
Loan Account Variation Fee
$250 ($100 MM Fee Share)
TBC
0
0
1
-
Loan Facility Variation Fee
$450 ($150 MM Fee Share)
TBC
0
0
0
-
Third Party Costs
Unascertainable
TBC
0
0
1
-
Manual Redraw Fee
$25 per approved redraw
TBC
0
0
1
-
Fixed Rate Lock Fee
$495 per rate lock-in
TBC
0
0
1
-
Monthly Arrears Administration Fee
$150 per month
TBC
0
0
1
-
Dishonour Fee
$20 per dishonour plus 3rd party costs
TBC
0
0
1
-
Notice of Default Fee
$330.00 per default if the there is one borrower, or $660.00 per default if there are two or more borrowers
TBC
0
0
1
-
Discharge Admin Fee
$795.00 per mortgage discharged plus third party costs ($200 MM fee share)
TBC
0
0
0
Payable if settlement is cancelled for any reason when we are first notified of the cancellation. Not payable on settlement postponement.
Ad Hoc Statement Fee
$15.00 per statement cycle
TBC
0
0
0
Payable if settlement is cancelled for any reason when we are first notified of the cancellation. Not payable on settlement postponement.
Paper Statement Fee
2
TBC
0
0
0
Payable if settlement is cancelled for any reason when we are first notified of the cancellation. Not payable on settlement postponement.
Building Insurance Renewal Fee
$200.00 per renewal, plus our out-of-pocket expenses, including the insurance premium, which is unascertainable
TBC
0
0
0
Payable if settlement is cancelled for any reason when we are first notified of the cancellation. Not payable on settlement postponement.
Enforcement Expenses
Unascertainable
TBC
0
0
0
Payable if settlement is cancelled for any reason when we are first notified of the cancellation. Not payable on settlement postponement.
Total ongoing fees
-
-
0
0
-
-
