Homestar Star Essentials Home Loan
This product is available in different versions. Pick the right version for you here.
The details shown below are for an owner occupier taking out a principal & interest loan between $200,000 and $850,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $850,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $850,001 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 | |
|---|---|---|---|---|---|
|
|
Owner Occupier | Principal & Interest | < 80% | $200,000 | $850,000 |
|
|
Owner Occupier | Principal & Interest | < 80% | $150,000 | $850,000 |
|
|
Owner Occupier | Principal & Interest | < 80% | $850,001 | $1,000,000 |
-
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $200,000 $850,000
-
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $150,000 $850,000
-
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $850,001 $1,000,000
2.99% p.a.
2.99% p.a.
$0.00
Homestar Star Essentials Home Loan
2.99% p.a.
2.99% p.a.
$0.00
Homestar Star Essentials Home Loan
2.99% p.a.
2.99% p.a.
$0.00
2.99% p.a.
3.02% p.a.
$0.00
Homestar Star Essentials Home Loan
2.99% p.a.
3.02% p.a.
$0.00
Homestar Star Essentials Home Loan
2.99% p.a.
3.02% p.a.
$0.00
3.19% p.a.
3.20% p.a.
$0.00
Homestar Star Essentials Home Loan
3.19% p.a.
3.20% p.a.
$0.00
Homestar Star Essentials Home Loan
3.19% p.a.
3.20% p.a.
$0.00
Mozo Review Homestar Star Essentials Home Loan Review
Last updated: 3 July 2019.
What's hot:
Variable rates from 2.99% p.a. (2.99% p.a. comparison rate*)
Free extra repayments and redraw facility
What's not:
Valuation fee from $248.08
Legal fee from $264
Mozo snapshot:
With a number of handy features - including free extra repayments and a free redraw facility - and a low 2.99% p.a. variable rate (2.99% p.a. comparison rate), the Homestar Star Essentials Home Loan gives owner occupiers plenty to get excited about. And for a limited time, if you’re a refinancer borrowing between $200,000 and $850,000, you can expect to have the valuation fee and legal fee waived.
Key features:
The Star Essentials Home Loan is available for owner occupiers and comes with two rate tiers. If you’re borrowing less than $850,000, you’ll receive an excellent 2.99% p.a. variable rate (2.99% p.a. comparison rate). If you plan to borrow between $850,000 and $1,000,000, you’ll receive a slightly higher variable rate of 3.19% p.a.(3.20% p.a. comparison rate*). Both come with a maximum LVR of 80%, so you’ll have to have been saving diligently for that deposit.
You’ll have a lot of say when it comes to how you’ll pay off your Homestar Star Essentials mortgage. Repayments can be made weekly, fortnightly or monthly, and you can make free extra repayments if you want to pay off your loan faster. If you ever need those funds back you can easily retrieve them with the free redraw facility.
While there is a valuation fee and a legal documentation fee, for a limited time both are waived, up to $250 for the former and $265 for the latter, for refinancers taking out a loan of between $200,000 and $850,000. No matter how much you’re borrowing, you’ll have to spring for the $535 discharge fee at the end of your loan.
Who it's good for:
Between the maximum LVR of 80% and the fact that refinancers can cash in on legal and valuation fee waivers, this one’s a top pick for borrowers looking to refinance an existing loan to a killer low rate deal.
Any catches?
Both rate tiers come with an LVR of 80%, meaning that you’ll have to have at least 20% of the property’s value on hand for the deposit.
Details
Rates and fees information correct as at 17 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
2.99% p.a.
-
n/a
-
n/a
-
n/a
-
2.99% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$0.00
-
n/a
-
$0.00
-
$535.00
Other financial bits
-
$200,000
-
$850,000
-
none
-
80.00%
Features
-
Owner Occupier
-
Principal & Interest
-
Weekly, Fortnightly, Monthly
-
yes - free
-
no
-
yes - free
-
$0.00
-
yes
-
no
-
none
-
$535 discharge fee waived if the loan goes to full term. Valuation and legal fees waived when you refinance an existing loan of between $200,000 and $850,000.
Details
Rates and fees information correct as at 17 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
2.99% p.a.
-
n/a
-
n/a
-
n/a
-
3.02% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$264.00
-
$248.08
-
$83.93
-
n/a
-
$0.00
-
$535.00
Other financial bits
-
$150,000
-
$850,000
-
none
-
80.00%
Features
-
Owner Occupier
-
Principal & Interest
-
Weekly, Fortnightly, Monthly
-
yes - free
-
no
-
yes - free
-
$0.00
-
yes
-
no
-
none
-
$535 discharge fee waived if the loan goes to full term.
Details
Rates and fees information correct as at 17 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
3.19% p.a.
-
n/a
-
n/a
-
n/a
-
3.20% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$0.00
-
n/a
-
$0.00
-
$535.00
Other financial bits
-
$850,001
-
$1,000,000
-
none
-
80.00%
Features
-
Owner Occupier
-
Principal & Interest
-
Weekly, Fortnightly, Monthly
-
yes - free
-
no
-
yes - free
-
$0.00
-
yes
-
no
-
none
-
$535 discharge fee waived if the loan goes to full term.
Customer Reviews
How are Homestar home loans rated by the Mozo community?
About Homestar
Homestar is a Sydney and Melbourne based company that offers home loans Australia wide, due to Homestar being a web and phone based non-bank lender that works to save you money. Homestar has been providing low rates on its home loans since 2004.
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