Rates and fees verified as correct at 22 January, 2021. Other information correct at the time of writing. Advertiser disclosure.
When it comes to fixed rate home loans, St.George has a Fixed Home Loan product which is available for lending starting from $10,000 in a number of variations based on borrower type (owner occupier or investor), loan type (principal and interest or interest-only repayments) and the loan-to-value ratio (between 60-95%). Borrowers can lock in a fixed rate for a 1 - 5 year period 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 $30,000 without charge), a redraw facility (fees apply) and even a partial offset account. There is a monthly service fee to consider though, as well as a number of one-off fees.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 3.79% p.a. | 4.92% p.a. | $10.00 monthly | $700 | ||
| 3.74% p.a. | 4.87% p.a. | $10.00 monthly | $700 | ||
| 2.19% p.a. | 4.08% p.a. | $10.00 monthly | $700 | ||
| 2.24% p.a. | 4.13% p.a. | $10.00 monthly | $700 | ||
| 2.14% p.a. | 4.03% p.a. | $10.00 monthly | $700 | ||
| 2.79% p.a. | 4.84% p.a. | $10.00 monthly | $700 | ||
| 2.84% p.a. | 4.89% p.a. | $10.00 monthly | $700 | ||
| 2.74% p.a. | 4.79% p.a. | $10.00 monthly | $700 | ||
| 2.59% p.a. | 4.58% p.a. | $10.00 monthly | $700 | ||
| 2.64% p.a. | 4.63% p.a. | $10.00 monthly | $700 | ||
| 2.54% p.a. | 4.53% p.a. | $10.00 monthly | $700 |
Owner occupiers and investors are given the choice between two variable rate options with St.George: the Basic Home Loan with borrowing from $30,000 and the Standard Variable Home Loan which is available on loans starting from $10,000. Both loans give mortgage holders control over their home loans with flexible features such as extra repayments, redraws (fees may apply) and repayment holidays, but only the Standard Variable Home Loan comes with an offset account attached. On the flip side, Basic Home Loan customers won't be charged an ongoing service fee, though both loans comes with a few upfront fees.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 3.19% p.a. | 3.24% p.a. | $0.00 | $600 | ||
| 2.79% p.a. | 2.84% p.a. | $0.00 | $600 | ||
| 3.14% p.a. | 3.19% p.a. | $0.00 | $600 | ||
| 3.09% p.a. | 3.14% p.a. | $0.00 | $600 | ||
| 2.54% p.a. | 2.56% p.a. | $0.00 | $100 | ||
| 2.59% p.a. | 2.61% p.a. | $0.00 | $100 | ||
| 2.49% p.a. | 2.51% p.a. | $0.00 | $100 | ||
| 5.10% p.a. | 5.27% p.a. | $10.00 monthly | $700 | ||
| 5.05% p.a. | 5.22% p.a. | $10.00 monthly | $700 | ||
| 4.51% p.a. | 4.68% p.a. | $10.00 monthly | $700 | ||
| 4.56% p.a. | 4.73% p.a. | $10.00 monthly | $700 | ||
| 4.46% p.a. | 4.63% p.a. | $10.00 monthly | $700 | ||
| 3.64% p.a. | 3.69% p.a. | $0.00 | $600 | ||
| 3.34% p.a. | 3.39% p.a. | $0.00 | $600 | ||
| 3.19% p.a. | 3.24% p.a. | $0.00 | $600 | ||
| 3.14% p.a. | 3.19% p.a. | $0.00 | $600 | ||
| 2.99% p.a. | 3.01% p.a. | $0.00 | $100 | ||
| 3.04% p.a. | 3.06% p.a. | $0.00 | $100 | ||
| 2.94% p.a. | 2.96% p.a. | $0.00 | $100 | ||
| 5.36% p.a. | 5.53% p.a. | $10.00 monthly | $700 | ||
| 5.31% p.a. | 5.48% p.a. | $10.00 monthly | $700 | ||
| 5.07% p.a. | 5.24% p.a. | $10.00 monthly | $700 | ||
| 5.12% p.a. | 5.29% p.a. | $10.00 monthly | $700 | ||
| 5.02% p.a. | 5.19% p.a. | $10.00 monthly | $700 |
The Fixed Home Loan (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 extra repayments (free up to $30,000), 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 various interest rate discounts and waived fees on your home loan, credit card and transaction account.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 3.64% p.a. | 4.16% p.a. | $395.00 yearly | $100 | ||
| 3.59% p.a. | 4.11% p.a. | $395.00 yearly | $100 | ||
| 2.04% p.a. | 3.33% p.a. | $395.00 yearly | $100 | ||
| 2.09% p.a. | 3.37% p.a. | $395.00 yearly | $100 | ||
| 1.99% p.a. | 3.28% p.a. | $395.00 yearly | $100 | ||
| 2.64% p.a. | 4.09% p.a. | $395.00 yearly | $100 | ||
| 2.69% p.a. | 4.15% p.a. | $395.00 yearly | $100 | ||
| 2.59% p.a. | 4.04% p.a. | $395.00 yearly | $100 | ||
| 2.44% p.a. | 3.83% p.a. | $395.00 yearly | $100 | ||
| 2.49% p.a. | 3.88% p.a. | $395.00 yearly | $100 | ||
| 2.39% p.a. | 3.78% p.a. | $395.00 yearly | $100 |
St.George's Variable Home Loan (Advantage Package) is available to owner occupiers and investors on home loans starting from $150,000. You’ll get all the same great features as with the fixed rate alternative, with the added flexibility in terms of repayments. With the variable rate package, you will enjoy unlimited extra repayments (for free), redraws 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.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 3.78% p.a. | 4.19% p.a. | $395.00 yearly | $100 | ||
| 3.73% p.a. | 4.14% p.a. | $395.00 yearly | $100 | ||
| 3.19% p.a. | 3.62% p.a. | $395.00 yearly | $100 | ||
| 3.24% p.a. | 3.67% p.a. | $395.00 yearly | $100 | ||
| 3.14% p.a. | 3.57% p.a. | $395.00 yearly | $100 | ||
| 4.04% p.a. | 4.45% p.a. | $395.00 yearly | $100 | ||
| 3.99% p.a. | 4.40% p.a. | $395.00 yearly | $100 | ||
| 3.75% p.a. | 4.16% p.a. | $395.00 yearly | $100 | ||
| 3.80% p.a. | 4.21% p.a. | $395.00 yearly | $100 | ||
| 3.70% p.a. | 4.11% p.a. | $395.00 yearly | $100 |
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.
| Product | Rate | Comparison Rate | Service fee | Upfront fee |
|---|---|---|---|---|
| 5.98% p.a. | n/a | $200.00 yearly | $800 |
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.
To help you save on interest payments over the term of your loan, St.George’s Standard Variable Home Loan and Variable Home Loan (Advantage Package) come with an offset account. Borrowers opting for a fixed rate will not miss out on this money saving feature either, because the Fixed Home Loan from St.George has a partial offset account.
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 (LVR) will be reduced and you may be able to avoid paying Lender’s Mortgage Insurance.
Whether you choose a fixed, variable or package home loan from St.George, you’ll be able to make extra repayments towards your loan balance whenever you like (free up to $30,000 for fixed home loans).
Variable rate? Fixed rate? Can’t decide? Many of the St.George home loans have a split loan facility which means you won’t have to choose one or the other. Simply split your loan between a fixed and variable rate and take advantage of the benefits of both.
Mozo users have rated St.George home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
1517 Reviews
The arrogance and contempt of the team at St George is bewildering and incredibly disappointing - the GM makes creative writing look like a breeze when he describes on his profile page what StGeorge stand for, it really is a great example of ambition exceeding actual ability, an example of tainted and inflated views of frontline experiences! Absolute disgrace. The incompetencies and emotional ineptness of staff resulted in a bungled settlement meaning our 38 week pregnant daughter (who cares for rescue animals) was reduced to camping in a tent and continues to do so. Thanks St George you not only have created enormous stress and emotional damage - but you have also put the health of family including our unborn grand child at risk. Trust team at St George sleep well, because that is certainly something we are unable to achieve. Shame.
Read full reviewThe arrogance and contempt of the team at St George is bewildering and incredibly disappointing - the GM makes creative writing look like a breeze when he describes on his profile page what StGeorge stand for, it really is a great example of ambition exceeding actual ability, an example of tainted and inflated views of frontline experiences! Absolute disgrace. The incompetencies and emotional ineptness of staff resulted in a bungled settlement meaning our 38 week pregnant daughter (who cares for rescue animals) was reduced to camping in a tent and continues to do so. Thanks St George you not only have created enormous stress and emotional damage - but you have also put the health of family including our unborn grand child at risk. Trust team at St George sleep well, because that is certainly something we are unable to achieve. Shame.
It’s a shame they have closed the branches but so many banks have as well.
Read full reviewIt’s a shame they have closed the branches but so many banks have as well.
I have banked with St George all my life. I have always found them reliable and helped me whenever I needed. I cannot fault them.
Read full reviewI have banked with St George all my life. I have always found them reliable and helped me whenever I needed. I cannot fault them.
We took up a refinance option and transferred our loan from another bank. We received an excellent interest rate and cash back. Very happy with application process and online account.
Read full reviewWe took up a refinance option and transferred our loan from another bank. We received an excellent interest rate and cash back. Very happy with application process and online account.
I received excellent service all over the phone when setting up a new basic home loan.
Read full reviewI received excellent service all over the phone when setting up a new basic home loan.
Putting in a little leg work can go a long way when it comes to applying for a home loan, so take a few minutes to find out which documents you may need to supply in order to apply for a home loan with St.George.
You may need to supply other documentation depending on your individual circumstances:
