St.George Bank Home Loans

St George Bank Home Loans

St.George Bank is a provider of home loans, credit cards, banking and investment products, as well as home, car and other insurances. It is a division of Westpac Banking Corporation.

What home loans does St.George Bank offer?

St.George Bank offers variable and fixed rate home loans available with principal and interest or interest only repayments for both residential and investor borrowers. If you wish to know more, Canstar has a guide to the different types of home loans available and how they work.

Below we’ve listed a snapshot of St.George Bank’s owner-occupier home loan interest rates available at the time of writing, for loans with principal and interest repayments and loan-to-value ratios equal to 80%. (See current rates via Canstar’s home loan comparison tool, which is updated daily.)

St.George Bank owner-occupier home loans

Variable rate home loans

Basic Variable Home Loan for new borrowers (60-80% LVR)

  • Interest rate: 2.19%p.a. (comparison rate 2.21%)
  • Fees: $0 application fee when borrowing more than $150,000, $100 settlement fee, no ongoing fees
  • Features: Full online application available, unlimited extra repayments without penalty, free online redraw

Advantage Package Variable Home Loan for new borrowers

  • Interest rate: 3.19%p.a. (comparison rate 3.61%)
  • Fees: $100 settlement fee, $395 annual ongoing package fee
  • Features: Full online application available, unlimited extra repayments without penalty, free online redraw, 100% offset account

Standard Variable Home Loan for new borrowers (60%-80% LVR)

  • Interest rate: 4.51%p.a. (comparison rate 4.68%)
  • Fees: $600 application fee, $100 settlement fee, $10 monthly ongoing fee
  • Features: Full online application available, unlimited extra repayments without penalty, free online redraw, 100% offset account

Fixed rate home loans

Advantage Package Fixed Rate Home Loan for new borrowers (60%-80% LVR)

  • 1 year interest rate: 2.24%p.a. (comparison rate 3.53%)
  • 2 years interest rate: 2.29%p.a. (comparison rate 3.46%)
  • 3 years interest rate: 2.74%p.a. (comparison rate 3.50%)
  • 4 years interest rate: 23.94%p.a. (comparison rate 3.53%)
  • 5 years interest rate: 3.14%p.a. (comparison rate 3.59%)
  • Fees: $100 settlement fee, $395 annual ongoing package fee
  • Features: Full online application available, additional repayments of up to $10,000 per year, free online redraw

Fixed Rate Home Loan for new borrowers

  • 1 year interest rate: 2.39%p.a. (comparison rate 4.48%)
  • 2 years interest rate: 2.44%p.a. (comparison rate 4.31%)
  • 3 years interest rate: 2.89%p.a. (comparison rate 4.26%)
  • 4 years interest rate: 3.09%p.a. (comparison rate 4.20%)
  • 5 years interest rate: 3.29%p.a. (comparison rate 4.18%)
  • Fees: $600 application fee, $100 settlement fee, $10 monthly ongoing fee
  • Features: Full online application available, additional repayments of up to $10,000 per year, free online redraw

Compare Home Loans

St.George Bank Home Loans FAQs

How do I apply for a St.George Bank home loan?

Before getting started, you might first like to take a look at our applying for a home loan checklist for some pointers, and use the Canstar website to compare home loans with other providers before choosing a product that suits your needs.

If you decide to apply for a St.George Bank home loan, you can start your application online and call customer support for further assistance.

Can you make extra repayments on a St.George Bank home loan?

Yes, St.George Bank allows you to make unlimited extra repayments on its variable rate home loans and a maximum of $10,000 per year on its fixed rate home loans. For fixed loans, the prepayment threshold (the amount of extra payments you are allowed to pay during a fixed term) is $30,000, according to St.George. Terms and conditions may apply; contact the lender for further details.

 

Are redraw facilities offered on St.George Bank home loans?

Yes, St.George Bank offers redraw facilities with its variable and fixed rate home loans. Fees and charges may apply; contact the lender for further details.

About St.George Bank

St.George Bank started as a co-operative building society in the suburbs of Southern Sydney in 1937. By 1992, it achieved full business status and in 2008, it merged with Westpac Banking Corporation.

St.George Bank is a full service financial institution with a physical presence in New South Wales, Queensland and Western Australia.

This content was reviewed as part of our fact-checking process.

Written by: Amanda Horswill | Last updated: December 6, 2021