Variable Rate Home Loans - St George Bank - Non Resident |
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to select a different loan amount and loan term. Currently: $150,000 over 30 years |
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| Home Loan Lender |
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St George Bank Home Loan |
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| Home Loan Product Name |
Non Resident |
| Interest Rate |
7.74% |
Comparison Rate
Estimated |
7.89% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,073.58 |
Total Paid
Estimated |
$390,840 |
| Establishment Fee |
$600.00 |
| Enquire/Apply |
 
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| Target Market |
Any person who resides permanently out of Australia and is not an Australian Citizen OR An Australian Citizen abroad for more than 6 consecutive months. |
| Acceptable Income |
Self employed, Salary & Wage earners.
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Serviceability up to LVR 80% Resident and serviced apartments 1.25 x
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On Income Calculations Worksheet use 2% of limit, highest balance in the last 3 mths, or nil limit if card cleared each month for the last 3 mths
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For Investment Loans calculate 12 months worth of interest at the qualifying rate and take this amount off taxable income before assessing for tax. |
| Loan Term |
30 Years. |
| Loan Size |
$100K Minimum |
| Repayment Type |
Principal & Interest and Interest Only
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Interest Only - max. 15yrs - Monthly.
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All interest only loans will be Combination Loans, ie Interest Only for up to 15 years reverting to Standard Variable Rate (or Basic as applicable) at P & I. |
| Repayment Options |
Principal and Interest - Weekly, Fortnightly and monthly.
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Interest Only - monthly payments only
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Early payout penalties may apply.
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Interest Only Loans revert to Standard Variable ( or Basic as applicable) P & I after I/O term at which time they may be renegotiated. |
| Extra Repayments |
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| Split Loan Facility |
Yes. |
| Offset |
Yes fees apply. Refer individual product specifications. |
| Redraw Facility |
Yes Redraw Fee Electronic $10
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Manual $25. Refer individual product specifications. |
| LVR |
Owner Occupied Maximum LVR 95%
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Investment Maximum LVR 95%
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Construction Maximum LVR 95%
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Refinancing Maximum LVR 90%
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Debt consolidation Maximum LVR 90%
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Max: 80% for Loans Not fully self-supporting in Australia.
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Max: 95% for Loans Fully self-supporting in Australia.
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FASTRefi® is a process that allows settlement for refinancing of residential loans to be completed within days of the customer signing the loan documents. For more information on this service contact your broker support centre Mortgage Central on 1300 137 532. |
| Fees |
Application Fee:$600/700
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Settlement/Lodgement Fee:$ 100 per loan account (Fee displayed as Mortgage Preparation )
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Monthly Service Fee: minimum of $10 pm (various according to product selected)
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Multiple Securities:$100
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Fixed Rate Repayment Fee this fee will apply to home loans that are fully discharged before the end of their fixed rate period : $150
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Redraw Fee Electronic $10
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Manual $25
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Increase Fee $500
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Switch Fee to LIS $500
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Switch Fee to Portfolio $500
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Rate Lock Fee 0.15% of the loan amount or $500 whichever is higher)
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Consent to Subdivision $350
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Substitution of Security $350
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Renegotiation $500
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Discharge of Mortgage Fee $350
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Discharge Settlement Processing Fee $100
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Progress Payment Administration Fee $250
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Progress Payment Final Inspection Fee $102.50
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Arrears Letter Fee $50 |
| Enquire/Apply |
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| Other Variable Rate Home Loans |
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| Other St George Bank Home Loan Products |
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This Comparison Rate applies only to $150,000 with a loan term of 30 years. The loan amount and term will affect the comparison rate calculation. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparsion rate calculation but may influence the cost of the loan.
This rate is to be used as a guide only and we recommend that you confirm it with the lender before acting upon it.
The information provided in this website is a guide only and may not be complete for your purposes. ratesonline.com.au is not licensed to provide investment advice and recommends that you consult an independent financial adviser.
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