The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $1,000,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan between $150,000 and $1,000,000 with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
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|
Owner Occupier | Principal & Interest | 70%-80% | $150,000 | $1,000,000 |
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|
Owner Occupier | Interest Only | 70%-80% | $150,000 | $1,000,000 |
Owner Occupier (Principal & Interest)
LVR 70%-80%
Loan: $150,000 $1,000,000
Owner Occupier (Interest Only)
LVR 70%-80%
Loan: $150,000 $1,000,000
Homestar’s Star Classic option offers a wide range of features to go with its competitive fixed rates. Owner occupiers will be able to take advantage of an offset account, the ability to make extra repayments, and a free redraw facility. Just keep in mind that there are a few fees and limits on how the features can be used.
Loan amounts on Homestar’s Star Classic option range from $150,000 to $1 million, with 3-year fixed rates sitting at 7.80% p.a. (4.61% p.a. comparison rate*). You’ll also have the flexibility to make up to $20,000 in extra repayments per year, and split your loan to take advantage of the features that typically come with a variable rate.
The redraw facility can come in handy if you decide the extra repayments you’ve made would be better served back in your pocket. Just keep in mind that the maximum amount you’ll be able to retrieve is $20,000 per year. And for those that want to put their savings to good use, an offset account is available to help you reduce the amount of interest charged on the loan. The amount you can contribute, however, is capped at $20,000 per year.
This offer from Homestar could be a good pick for those who want to lock in a competitive rate but don't want to be too limited in the amount of extra repayments they can make.
You will be charged a $395 annual fee throughout the fixed rate period. There is also a one off legal fee ($264), valuation fee ($244), and discharge fee ($535), but the latter will be waived if the loan goes to full term.
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n/a |
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n/a |
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n/a |
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n/a |
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7.30% (4.26%*) |
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7.60% (4.62%*) |
|
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7.80% (5.00%*) |
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n/a |
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n/a |
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n/a |
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n/a |
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3.90% p.a. |
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$0.00 |
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$0.00 |
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n/a |
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$395.00 |
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n/a |
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$0.00 |
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$535.00 |
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$150,000 |
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$1,000,000 |
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70.00% |
|
|
80.00% |
|
Weekly, Fortnightly, Monthly |
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yes - up to $20,000 p.a |
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no |
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yes - free |
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none |
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yes |
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yes |
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none |
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$535 discharge fee waived if the loan goes to full term. Valuation fee waived for properties up to $1m. |
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none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
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n/a |
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n/a |
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n/a |
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n/a |
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7.70% (4.66%*) |
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8.00% (5.03%*) |
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8.20% (5.42%*) |
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n/a |
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n/a |
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n/a |
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n/a |
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4.30% p.a. |
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$0.00 |
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$0.00 |
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n/a |
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$395.00 |
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n/a |
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$0.00 |
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$535.00 |
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$150,000 |
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$1,000,000 |
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70.00% |
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80.00% |
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Monthly |
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yes - up to $20,000 p.a |
|
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no |
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yes - free |
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none |
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yes |
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yes |
|
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none |
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$535 discharge fee waived if the loan goes to full term. Valuation fee waived for properties up to $1m. |
|
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none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
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Smart Booster Home Loan
3.60% p.a.variable for 24 months and then 4.00% p.a. variable
3.96% p.a.
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Smart Booster Home Loan
3.60% p.a.variable for 24 months and then 4.00% p.a. variable
3.96% p.a.
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Smart Booster Home Loan
3.74% p.a.variable for 12 months and then 4.23% p.a. variable
4.22% p.a.
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Smart Booster Home Loan
3.60% p.a.variable for 24 months and then 4.00% p.a.
3.96% p.a.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
