St.George home loans

St.George
St.George's overall rating for home loans

(as rated by the Mozo community)

7.0 / 10

based on 1457 reviews

One of Australia’s leading banks, St George has been providing financial services to more than 2.6 million customers and businesses since 1937. In 2008, St George became part of the Westpac Group and today boasts 396 branches and 3000 ATMs throughout Australia.

On this page, you’ll be able to learn about St George’s home loans from its variable and fixed to package and line of credit offers. We’ve also provided some helpful tips on what home loan features you should keep an eye out for as well as the documentation you’ll need to successfully complete your home loan application with St George Bank.

Rates and fees verified as correct at 18 January, 2019. Other information correct at the time of writing.

What home loans do St.George offer?

Fixed Rate Home Loans Fixed Rate Home Loans

St George offers two fixed home loans from which you can choose depending on whether you’re an owner occupier or investor. The fixed home loans are available from $10,000 and you can borrow up to 95% of your property’s value. With a fixed home loan from St George you can lock in a fixed rate from a period of 1 year up to 5 years and there is an additional rate lock feature which allows you to secure the advertised interest rate for up to 3 months before the settlement date of your loan (fees apply). There is plenty of flexibility in terms of repayment options including the ability to make extra repayments up to $10,000 p.a without charge, a redraw facility (fees apply) and repayment holidays when you’re ahead of your repayments. There is a monthly service fee to consider but you’ll be able to save heaps on interest over the term of your loan with a partial offset account.

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.69% p.a.

6.12% p.a.

$10.00 monthly

$700

4.44% p.a.

5.67% p.a.

$10.00 monthly

$700

4.74% p.a.

5.78% p.a.

$10.00 monthly

$700

4.14% p.a.

5.20% p.a.

$10.00 monthly

$700

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Variable Rate Home Loans Variable Rate Home Loans

Owner occupiers and investors are given the choice between a basic home loan starting from $150,000 and a standard variable rate which is available on loans starting from $10,000. It’s easy to pay back your home loan on your own terms with flexible features such as extra repayments, repayment holidays and the choice between a weekly, fortnightly or monthly repayment cycle. While the basic home loan option doesn’t have an attached service fee but should you opt for the standard variable rate you’ll be charged a monthly fee. If this is the case, you can offset the cost of the fee by taking full advantage of the offset account feature to help you save on interest over the term of your loan.

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

5.88% p.a.

5.93% p.a.

$0.00

$600

5.34% p.a.

5.39% p.a.

$0.00

$600

5.37% p.a.

5.42% p.a.

$0.00

$600

4.78% p.a.

4.83% p.a.

$0.00

$600

5.08% p.a.

5.13% p.a.

$0.00

$600

4.24% p.a.

4.25% p.a.

$0.00

$100

3.88% p.a.

3.89% p.a.

$0.00

$100

6.46% p.a.

6.62% p.a.

$10.00 monthly

$700

5.92% p.a.

6.08% p.a.

$10.00 monthly

$700

5.95% p.a.

6.11% p.a.

$10.00 monthly

$700

5.36% p.a.

5.53% p.a.

$10.00 monthly

$700

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Fixed Package Home Loan Fixed Package Home Loan

The fixed rate Advantage Package from St. George is available with home loans starting from $150,000. Whether you’re an owner occupier or investor, you’ll be able to make full use of the flexible repayment options that come with the package including free repayments up to $10,000 p.a., a redraw facility and repayment holidays when you’re ahead on your payments. There is also a partial offset account to help reduce your interest payments over the term of the loan. In return for an annual fee, you’ll be able to enjoy exclusive package offers such as interest rate discounts as well as waived fees on your home loan (i.e. establishment, administration), credit card and transaction account.

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.54% p.a.

5.87% p.a.

$395.00 yearly

$100

4.54% p.a.

5.73% p.a.

$395.00 yearly

$100

4.54% p.a.

5.69% p.a.

$395.00 yearly

$100

4.54% p.a.

5.66% p.a.

$395.00 yearly

$100

4.19% p.a.

5.18% p.a.

$395.00 yearly

$100

4.19% p.a.

5.39% p.a.

$395.00 yearly

$100

4.19% p.a.

5.25% p.a.

$395.00 yearly

$100

4.19% p.a.

5.22% p.a.

$395.00 yearly

$100

4.59% p.a.

5.52% p.a.

$395.00 yearly

$100

4.59% p.a.

5.38% p.a.

$395.00 yearly

$100

4.59% p.a.

5.35% p.a.

$395.00 yearly

$100

4.59% p.a.

5.31% p.a.

$395.00 yearly

$100

3.85% p.a.

4.70% p.a.

$395.00 yearly

$100

3.85% p.a.

4.91% p.a.

$395.00 yearly

$100

3.85% p.a.

4.73% p.a.

$395.00 yearly

$100

3.85% p.a.

4.77% p.a.

$395.00 yearly

$100

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Variable Package Home Loan Variable Package Home Loan

The variable rate Advantage Package from St. George is also available with home loans starting from $150,000. You’ll get all the same great features as with the fixed rate alternative, with added flexibility in repayments. With the variable rate package, you will enjoy unlimited free repayments and the full use of an offset account to help you pay off your home loan as soon as possible. You can choose to make monthly repayments on your principal and interest amount or only on interest, and you can make these payments weekly, fortnightly or monthly.

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

6.21% p.a.

6.58% p.a.

$395.00 yearly

$100

5.86% p.a.

6.23% p.a.

$395.00 yearly

$100

5.66% p.a.

6.03% p.a.

$395.00 yearly

$100

5.61% p.a.

5.98% p.a.

$395.00 yearly

$100

5.56% p.a.

5.94% p.a.

$395.00 yearly

$100

5.02% p.a.

5.41% p.a.

$395.00 yearly

$100

5.07% p.a.

5.45% p.a.

$395.00 yearly

$100

5.67% p.a.

6.04% p.a.

$395.00 yearly

$100

5.32% p.a.

5.70% p.a.

$395.00 yearly

$100

5.12% p.a.

5.50% p.a.

$395.00 yearly

$100

5.70% p.a.

6.07% p.a.

$395.00 yearly

$100

5.35% p.a.

5.73% p.a.

$395.00 yearly

$100

5.15% p.a.

5.53% p.a.

$395.00 yearly

$100

5.10% p.a.

5.48% p.a.

$395.00 yearly

$100

5.05% p.a.

5.44% p.a.

$395.00 yearly

$100

4.46% p.a.

4.86% p.a.

$395.00 yearly

$100

5.11% p.a.

5.49% p.a.

$395.00 yearly

$100

4.76% p.a.

5.15% p.a.

$395.00 yearly

$100

4.51% p.a.

4.91% p.a.

$395.00 yearly

$100

4.56% p.a.

4.95% p.a.

$395.00 yearly

$100

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Line of Credit Line of Credit

Building up your future wealth is easy with a flexible line of credit home loan from St George. Available on loans starting from $10,000, St George’s Portfolio loan allows you to use the equity in your own home to put towards other investments such as shares and property. While you’re busy building up your future assets, you can choose to pay back the loan whenever you like (but at least monthly) and you’ll only pay interest on the outstanding balance. Plus, you’ll have 24/7 access to your funds via ATMs, EFTPOS, Internet, Mobile and Phone Banking, rate lock and Visa Debit card.

Product Rate Comparison Rate* Service fee Upfront fee

6.58% p.a.

n/a

$200.00 yearly

$800

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*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.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

St.George home loan features in a glance

Offset accountOffset account

To help you save on interest payments over the term of your loan, St George’s standard variable home loan comes with an offset account. Borrowers opting for a fixed rate will not miss out on this money saving feature because the fixed home loan from St George has a partial offset account.

Family PledgeFamily Pledge

With St George’s Family Pledge option, your parents or other family members can use the equity in their own home to provide additional security for a portion of your loan amount. That way your loan to value ratio is reduced and you may be able to avoid paying Lender’s Mortgage Insurance.

Extra repaymentsExtra repayments

Whether you choose a fixed, variable or package home loan from St George, you’ll be able to make extra repayments whenever you like (up to $10,000 p.a. for the fixed rate option).

Split loanSplit loan

Variable rate? Fixed rate? Can’t decide? St George home loans have a split loan facility which means you won’t have to. Simply split your loan between a fixed and variable rate and take advantage of both.

Great accessGreat access

St George’s home loans give you great 24/7 access to your funds via a number of platforms including ATMs, EFTPOS, Internet, Mobile and Phone Banking and a Visa Debit card.

How are St.George home loans rated?

At Mozo, we understand choosing the right home loan for you may be a little tricky. That’s why we’ve compiled hundreds of home loan reviews from St George customers to help make your big decision a little easier. You can see how St George home loans rated here.

St.George home loans

Overall 7.0

Price

Features

Customer service

Convenience

Trust

1445 Reviews

Recent St.George home loan reviews Recent St.George home loan reviews

St.George

St.George Fixed Home Loan (Owner Occupier, Principal & Interest) (Advantage Package) home loan review

Overall rating   8 / 10

Can do better

Customer service isn’t always at it’s best, I found that I had to chase them up a couple of times when refinancing. Whole process took over 3 weeks which was a bit long and they were not willing to negotiate on the variable rate.

Full review

Customer service isn’t always at it’s best, I found that I had to chase them up a couple of times when refinancing. Whole process took over 3 weeks which was a bit long and they were not willing to negotiate on the variable rate.

    Price   9 / 10

    Customer service   7 / 10

    Convenience   10 / 10

    Trust   6 / 10

Less

Peter, Queensland, reviewed about 1 month ago

St.George

St.George home loan review

Overall rating   10 / 10

Competitive rates and will review on request.

Always very helpful if you have an enquiry and will listen to your requests for better rates etc.

Full review

Always very helpful if you have an enquiry and will listen to your requests for better rates etc.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

William, New South Wales, reviewed 2 months ago

St.George

St.George Basic Home Loan Special Offer (Owner Occupier, Principal & Interest) home loan review

Overall rating   10 / 10

I am totally happy with this bank.

Excellent customer service, easy to make an appointment, helpful and friendly staff.

Full review

Excellent customer service, easy to make an appointment, helpful and friendly staff.

    Price   8 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Susanne, New South Wales, reviewed 3 months ago

St.George

St.George home loan review

Overall rating   2 / 10

Customer service is not their strong point

Being self employed we don't have much choice when it comes to who we can bank with. We would move to another bank if it were possible.

Full review

Being self employed we don't have much choice when it comes to who we can bank with. We would move to another bank if it were possible.

    Price   5 / 10

    Features   4 / 10

    Customer service   1 / 10

    Convenience   5 / 10

    Trust   3 / 10

Less

Marcia, Western Australia, reviewed 5 months ago

St.George

St.George home loan review

Overall rating   2 / 10

Customer service is not their strong point

Being self employed we don't have much choice when it comes to who we can bank with. We would move to another bank if it were possible.

Full review

Being self employed we don't have much choice when it comes to who we can bank with. We would move to another bank if it were possible.

    Price   5 / 10

    Features   4 / 10

    Customer service   1 / 10

    Convenience   5 / 10

    Trust   3 / 10

Less

Marcia, Western Australia, reviewed 5 months ago

Hide reviews

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

What do you need to apply for a St.George home loan? What do you need to apply for a St.George home loan?

Putting in a little leg work can go a long way when it comes to applying for a home loan. Take a few minutes to check out our helpful guide on what documents you may need to apply for a home loan with St George.

  • Savings account statements showing savings history
  • Income details including payslips detailing each component of income, gross and net income and your employer’s name if you’re a salaried employee. Applicants who are self-employed will need to provide copies of personal income tax returns and the most recent financial year’s assessment notice.

Be aware you may need to supply other documentation depending on your individual circumstances:

  • Letter from a Real Estate Agent indicating anticipated rental income if you’re purchasing a rental property. If you have a property already tenanted, St George Bank will require copies of the existing Residential Tenancy Agreement and recent bank statements showing payments.
  • Letter from Centrelink displaying current entitlements and statements to verify receipt of payments
  • Records of liabilities such as credit card and personal loan statements
  • Details of any extraordinary expenses (i.e. private school fees and maintenance payments)
  • First Home Owner Grant application
  • Copy of registered Strata Plan

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