| Home Loan Lender |
 |
St George Bank Home Loan |
|
| Home Loan Product Name |
Promotional Basic Home Loan |
| Interest Rate |
8.75% |
Comparison Rate
Estimated |
8.79% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,180.05 |
Total Paid
Estimated |
$425,300 |
| Establishment Fee |
$500.00 |
| Enquire/Apply |
 
|
| Target Market |
To buy or refinance residential security, for both Owner Occupiers and Investors. Consolidation of debt may form part of loan sought.
,
The Family Pledge option is available refer to Family Pledge Profile - for policy details. |
| Acceptable Income |
Self employed, Salary & Wage earners. |
| Loan Term |
Principal & Interest: 3 - 30years.
,
Interest Based: 3 - 15 years. All interest only loans will be Combination Loans, ie Interest Only for up to the first 15 years reverting to t P & I for at least 1 year. |
| Loan Size |
Minimum: $30K
,
Maximum: $1M |
| Repayment Type |
Principal & Interest : 3 - 30 yrs
,
Interest Based: 3 - 15 yrs. |
| Repayment Options |
Weekly, fortnightly or monthly frequencies allowed on Principal &
,
Interest loans. Monthly frequency only for Interest Based repayments.
,
Repayment Pause available. |
| Extra Repayments |
|
| Split Loan Facility |
No. |
| Offset |
No. |
| Redraw Facility |
Redraw Fee Electronic $0
,
Manual $50.
,
No minimum amount applicable. |
| LVR |
Owner Occupied Maximum LVR 95%
,
Investment Maximum LVR 95%
,
Construction Maximum LVR 0%
,
Refinancing Maximum LVR 90%
,
Debt consolidation Maximum LVR 90%
,
Residential vacant land LVR 95%
,
No second mortgages. Apart from a second mortgage used with a family pledge.
,
No Genuine Savings is available refer to Special Lenders Criteria for information. |
| Fees |
Establishment Fee:$500 (Inc. 1 Val.)
,
Early Repayment Fee $1k if loan is discharged within the first 3 years
,
Settlement/Lodgement Fee:$ 100 (Fee displayed as Mortgage Preparation )
,
Monthly Service Fee: Nil
,
Additional Valuations:$0 Valuers travelling allowance payable by customer.
,
Additional security fee $100
,
Additional Security Fee: $100 per security
,
Redraw Fee Electronic $0.
,
Manual Redraw Fee $50.
,
Increase Fee $395
,
Switch Fee to LIS $350.
,
Rate lock fee N/A
,
Consent to Subdivision $350.
,
Substitution of Security / Renegotiation $350.
,
Discharge of Mortgage Fee $350.
,
Discharge Settlement Processing Fee $100
,
Arrears Letter Fee $50. |
| Enquire/Apply |
|