If you have a variable rate home loan, you can generally make changes to your repayments. For example, many lenders will enable you to:
change the amount you pay in each repayment (subject to the minimum loan repayment amount)
make extra repayments to pay off your loan faster
change the frequency of your repayments (e.g. weekly, fortnightly or monthly)
switch between principal and interest or interest-only repayments.
For more information, read our article, “Understanding home loan repayment periods”.
If you’ve set up a recurring payment to a home loan from your Suncorp Bank account, you can update it at any time. Find out more about changing your repayments.