| Home Loan Lender |
 |
St George Bank Home Loan |
|
| Home Loan Product Name |
12 month discount variable rate |
| Interest Rate |
8.34% |
Comparison Rate
Estimated |
9.49% |
| Amount |
$150,000 |
| Term |
30 years |
Initial Monthly Payment
Estimated |
$1,136.40 |
Monthly Payment
Estimated |
$1,255.97 |
Total Paid
Estimated |
$454,920 |
| Establishment Fee |
$600.00 |
| Enquire/Apply |
 
|
| Target Market |
To buy, block &/or build or refinance residential security.
,
Consolidation of debt may form part of loan sought.
,
The Family Pledge option is available on the Standard Housing Loan refer to Family Pledge Profile - for policy details. |
| Acceptable Income |
Self employed, Salary & Wage earners. |
| Loan Term |
30 years.
,
Interest Only Loans revert to Standard Variable P & I after I/O term at which time they may be renegotiated. |
| Loan Size |
Minimum: $10K
,
Maximum no maximum. |
| Repayment Type |
Principal & Interest
,
Interest Based 1 - 15 years. |
| Repayment Options |
Weekly Fortnightly or monthly
,
Interest Only monthly repayment. |
| Extra Repayments |
|
| Split Loan Facility |
Yes. |
| Offset |
100% offset available on both Honeymoon and Standard Variable products on a P & I and Interest only basis. Link loan to Freedom Savings Account. Offset Service Fee: $5 pm on loan. |
| Redraw Facility |
No minimum Amount (available on internet). Manual Fee: $25. Electronic Fee $10 Only available on variable rates. |
| LVR |
Owner Occupied Maximum LVR 95%
,
Investment Maximum LVR 95%
,
Construction Maximum LVR95%
,
Refinancing Maximum LVR 90%
,
Where Consolidation of debt forms part of loan sought to 85% - 90% neg.
,
Country & Special Rural Zoned Securities - LVR on application.
,
Mortgage Insurance over LVR 80%.
,
No Genuine Savings is available refer to Special Lenders Criteria for information. |
| Fees |
Establishment Fee:$600 (includes 1 valuation)
,
Settlement/Lodgement Fee:$ 100 per loan (Fee displayed as Mortgage Preparation )
,
Monthly Service Fee:$10 per month
,
Additional Valuations:$0 Valuers travelling allowance payable by customer.
,
Additional security fee $100
,
Early Repayment Fee $1K for negotiated interest rates standard loans with Advantage Package with discounted rates or receive a discount on a Fixed Rate and discharge the loan within 3 years will be liable for ERF plus Breakcosts if applicable.
,
Early Termination fee. 0.9% of the loan amount if an introductory home loan is discharged in full within 3 years of the settlement date.
,
Fixed Rate Repayment Fee this fee will apply to home loans that are fully discharged before the end of their fixed rate period : $150
,
Redraw Fee Electronic $10
,
Manual Redraw Fee $25
,
Increase Fee $395
,
Switch Fee to LIS $350
,
Switch Fee to Portfolio $350
,
Rate Lock Fee 0.15% of the loan amount or $395 (whichever is higher)
,
Consent to Subdivision $350
,
Substitution of Security / Renegotiation $350
,
Discharge of Mortgage Fee $350
,
Discharge Settlement Processing Fee $100
,
Progress Payment Administration Fee $250 (Contract Builders)
,
Progress payment final inspection fee $102.50
,
Arrears Letter Fee $50 |
| Enquire/Apply |
|