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Basic Home Loan

Enjoy no monthly fees and a lower interest rate with a Basic Home Loan1
  • A basic, no frills home loan with a lower variable interest rate1
  • $0 establishment fee if loan amount is greater than $150,0004 – Limited time special offer8
  • $0 monthly service fee4
  • Flexible repayment options
  • Make extra payments to save on interest, with the option to request a redraw of your funds if you need them2.

A St.George home loan expert will contact you at your preferred time.

A basic no frills home loan

Perfect for first home owners or anyone who wants a no-frills, basic home loan

Lower variable interest rate

Get a lower variable interest rate1

Choice of loan term & repayments

Choice of term up to 30 years for principal and interest repayments or up to 5 years for interest only repayments on Owner Occupier## loans and up to 15 years for interest only repayments on Residential Investment### loans.

For properties or vacant land

Available to owners and investors for property or vacant land purchase

Great features!

Features include reducing or avoiding Lender’s Mortgage Insurance3 when a family member provides additional security for part of your loan, redraw2, repayment pause and more!

Compare

Discover your borrowing power!

Fees

Establishment fee

$0 if loan amount is greater than $150,0004 - limited time special offer8

Monthly administration fee

$04

Other fees and charges apply. See a complete list of fees for loan accounts.

Interest Rates
 

Residential Investment Home Loans

This includes investment loan applications where the principal property securing the loan will be used to derive rental income or where the loan application purpose is to invest in real estate or to construct or make property improvements to an investment.

For our Residential Investment Home Loan interest rates with Interest Only repayments, please see Residential Investment (Interest Only) Home Loan Interest Rates.pdf.

For our Residential Investment Home Loan interest rates with Principal and Interest repayments, please see Residential Investment (Principal & Interest) Home Loan Interest Rates.pdf.

Owner Occupier## Home Loans 

For our Owner Occupier Home Loan interest rates with Interest Only repayments, please see Owner Occupier (Interest Only) Home Loan Interest Rates.pdf.

For our Owner Occupier Home Loan interest rates with Principal and Interest repayments, please see interest rates below.

Term

Annual rate – Principal & Interest

Comparison rate5

Basic Home Loan Promotional Discounted Rate

Special limited time offer8

Rate includes 0.74% p.a. off the Basic Home Loan Rate

% p.a.

% p.a.

Basic Home Loan Rate

% p.a.

% p.a.

Repayment options for a Basic Home Loan

Frequency

Choose either:

  • Principal and interest repayments for up to 30 years, or
  • Interest only repayments for up to 5 years for Owner Occupier## home loans and 15 years for Residential Investment### home loans.

Weekly

Fortnightly

Monthly

Loans with Principal and interest repayments

yes

yes

yes

Loans with Interest only

no

no

yes

Additional payments

  • Make additional payments at any time at no cost
  • Calculate what you could save by making extra payments.

Automatic repayments

  • Set up convenient automatic repayments from your nominated bank account.
  • Enjoy no monthly transaction account service fee by having your home loan repayments deducted from a Complete Freedom Account.

Redraw

Family Pledge

With Family Pledge you can reduce or even avoid paying Lender’s Mortgage Insurance6 when a parent or family member guarantees part of your home loan by using his or her own home’s equity to provide additional security for a portion of your loan amount.

Repayment Pause

Reduce or pause your repayments for 3 to 12 months when you have a legitimate period of leave from the workforce, for example during maternity leave2

Deposit Protect Bond

  • Use a Deposit Protect Bond7 instead of paying a cash deposit immediately, and keep earning interest on your deposit money right up until settlement
  • Also ideal when using equity in an existing property to finance your purchase.

Apply online

Apply now. It takes just 15 minutes!

Enquire online

Enquire now and a St.George home loan expert will call at your preferred time.

Call us

13 33 30. To talk with a St.George home loan expert, say “New Mortgage” when prompted.

Visit a branch

Find your nearest branch

What you’ll need to apply

Tips

How to apply

Important information

Conditions, fees and credit criteria apply.

Before making a decision, it’s best to read the terms and conditions:

Please read these documents and keep a copy. You can request a paper copy at a branch.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it’s right for you. If you need help, call 13 33 30.

1. As compared to our standard variable interest rate.

2. Redraw requests and repayment pause are subject to our approval. Fees apply.

3. Lender’s Mortgage Insurance is generally payable on loans exceeding 80% of the value of your property

4. Upfront fees and other fees and charges may apply.

5*. The comparison rate is based on a loan of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

6. Lender’s Mortgage Insurance is generally payable on loans exceeding 80% of the value of your property.

7. Before purchasing a Deposit Protect Bond, check with your conveyancer or solicitor about the terms of the contract of sale as the acceptance of the bond is at the discretion of the vendor. Deposit Protect Bonds are subject to terms and conditions, full details of which are available on request. Fees and charges apply.

8. Special limited time discounted Basic Home Loan offer may be withdrawn at any time. This offer is only available for new Basic Home Loan applications received from 23 May 2016. This offer is only available for new Basic Home Loan applications received from 23 August 2016. Offer current as at 23 May 2016. Refer to stgeorge.com.au/homeloans or call us for more information on current offers available. This is a current offer which may be varied or withdrawn at any time. If you apply after this offer has been withdrawn the interest rate which will apply is the standard Basic Variable Rate without any discount. Applicable to new loan applications only (excluding internal refinances) and is not available in conjunction with, or in addition to any other special offers, negotiated rates or discounts.

## Rates current as at 23 August 2016. Excludes Investment loan applications where the principal property securing the loan will be used to derive rental income or where the loan application purpose is to invest in real estate or to construct or make property improvements to an investment property. Refer to stgeorge.com.au/homeloans or call us for more information on current offers available.

### Excludes loan applications for owner occupier purposes (where the owner owns the property in which they live or intend to live in). Includes Investment loan applications where the principal property securing the loan will be used to derive rental income or where the loan application purpose is to invest in real estate or to construct or make property improvements to an investment property. Refer to stgeorge.com.au/homeloans or call us for more information on current offers available.