Standard Variable Rate Home Loan Standard Variable Rate Home Loan (Interest Only) (Owner Occupied)
5.22%p.a Standard Variable
About St.George Bank
Repayments calculated to take into account ongoing monthly and anual fees.
- Monthly repayment*
- rate per annum
Loan to Value Ratio
Borrow up to the maxium of 80% of the value of the property.
Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.
However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.
- Capitalise LMI
For Bridging, Construction, Owner Occupied, and Vacant Land in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 1 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
- Not Required
Save on interest repayments by holding spare cash in an offset account.
- Offset account
Get quick access to cash by drawing on the loan to pay for renovations or other purchases.
- Redraw Facility
- Min Redraw
- Redraw fee
Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.
Some features you may wish to consider include:
- an offset account;
- ability to make extra repayments;
- a redraw facility; and
- linked credit card and savings accounts;
- ability to split your loan between fixed and variable interest rates
- Offset Account
- Redraw Available
- Internet Banking
- Telephone Banking
- Credit Card
- BPay Option
- Portability of Loan
- Professional Pack
- Check Account
- Direct Salary Credit
- Free Transactions
- Minimum Redraw
- Redraw Fee
You can make your repayments Monthly.
- Interest Only Option
- Max Interest Only
- 5 years
Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.
Monthly and annual fees and charges during the loan period.
- Ongoing Monthly
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
The Standard Variable Rate is the fully featured variable rate product. The variable interest rate means that the interest rate moves up and down reflecting the general changes in interest rates in the financial markets. Target Market: Customers who do not want to lock into a fixed rate but want to take advantage of any fall in the variable interest rate and who also want the flexibility of being able to make extra repayments. Key Benefits: - Principal reductions may be made at any time at no extra cost - Building loans allowed - Redraw facility available New stand-alone refinance applications, from an external loan provider, for Owner Occupier Interest Only Home Loans will no longer be accepted. Internal refinance of Owner Occupier Interest Only is still allowable subject to maximum LVR requirements and the suitability based on the customers requirements and objectives. All other refinance Home Loan applications (Principal and Interest and Residential Investment Interest Only) will not be impacted, subject to the maximum LVR requirements. Conditions apply for new customers. These include, but are not limited to; - Maximum loan amount of $750K - No Auto Decline overrides will be considered - Genuine savings policy applies, with the exception of Inheritance and Sale of non-real estate assets which are capped at 90% LVR.
No LMI required for <80% LVR.
- $25 Fee for manual Redraws, $10 per Phone and Internet redraw. (if redraw is available) - Split Loan Fee: $150 - Partial Discharge Assessment Fee: $350. - Additional Security Property Fee: $100. - Company Title: $205 per security - Trustee: $205 per trustee - When any of the security offered involves a Guarantee:$205 per guarantor