Basic Variable Home Loan
Our no-frills variable home loan rate, with redraw and no establishment or ongoing monthly fees.
- From (owner occupied)
- 6.29%
- 6.3% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Special offer discount of 1.94% p.a. off the Basic Home Loan rate is included in the below rates. The rates include our 0.10% p.a. discount for LVRs up to 70%. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | 6.29% | 6.3% | LVR up to 70% |
| Variable Special offer discount of 1.94% p.a. off the Basic Home Loan rate is included in the below rates. Our standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | 6.39% | 6.4% | LVR 70% up to 80% |
| Variable Special offer discount of 1.94% p.a. off the Basic Home Loan rate is included in the below rates. An extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | 6.69% | 6.7% | LVR above 80% |
Owner occupied — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Special offer discount of 1.43% p.a. off the Basic Home Loan rate is included in the below rates. The rates include our 0.10% p.a. discount for LVRs up to 70%. | 7.29% | 6.73% | LVR up to 70% |
| Variable Special offer discount of 1.43% p.a. off the Basic Home Loan rate is included in the below rates. Our standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | 7.39% | 6.84% | LVR 70% up to 80% |
Investment — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Special offer discount of 2.25% p.a. off the Basic Home Loan rate is included in the below rates. The rates include our 0.10% p.a. discount for LVRs up to 70%. | 6.54% | 6.55% | LVR up to 70% |
| Variable Special offer discount of 2.25% p.a. off the Basic Home Loan rate is included in the below rates. Our standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | 6.64% | 6.65% | LVR 70% up to 80% |
| Variable Special offer discount of 2.25% p.a. off the Basic Home Loan rate is included in the below rates. An extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | 6.94% | 6.95% | LVR above 80% |
Investment — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Special offer discount of 2.19% p.a. off the Basic Home Loan rate is included in the below rates. The rates include our 0.10% p.a. discount for LVRs up to 70%. | 6.89% | 6.7% | LVR up to 70% |
| Variable Special offer discount of 2.19% p.a. off the Basic Home Loan rate is included in the below rates. Our standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | 6.99% | 6.8% | LVR 70% up to 80% |
| Variable Special offer discount of 2.19% p.a. off the Basic Home Loan rate is included in the below rates. An extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | 7.29% | 7.1% | LVR above 80% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Lending Establishment Fee | Upfront | $0.00 |
| Loan Account Fee Charged monthly | Ongoing | $0.00 |
| Document Processing Fee The Settlement Processing Fee, is a fee charged as apart of the fees for Loan Establishment. It is the fee charged for the processing of settlement services. These can include document validation, value transaction processing and, conveyancing activities required for mortgage lending settlements. | Event | $100.00 |
| Property Valuer Fee The Fee starts from $ 164 and the amount payable is dependent on location/value of security property(s) | Event | Variable |
| Missed Payment Fee Fee payable when we send customer an arrears letter relating to an overdue amount | Late payment | $15.00 |
| Loan Discharge Fee Per Mortgage | Exit | $350.00 |
| Lenders Mortgage Insurance Premium |
Features
- Flexible repayments : Choose to make your repayments weekly, fortnightly or monthly
- No application fee: A no-frills home loan with $0 lending establishment fee.
- No ongoing monthly fees: $0 monthly account-keeping fee. Other fees may apply
- Limitless extra repayments: With no extra repayment fee or limits, you?re free to pay off your loan as fast as you like.
- Redraw facility
- Flexibility: Fee-free options include unlimited redraw, Interest Only and reducing repayments if rates fall.
- Digital banking
- Option to Loan Split/Subsequent Loan Sequence
Eligibility
- Minimum age — 18 yearsApplicant should be 18 years or over
- Residency status — Should be an Australian or New Zealand citizen(s) or permanent resident(s)
- Individuals Only
Constraints
- Minimum LVR — 0%
- Maximum LVR — 95%
- Minimum limit — $30,000.00The minimum amount financed is $30,000
- Maximum limit — $5,000,000.00The maximum amount financed is $5,000,000.00
- Maximum repayment term 30 years
- Owner occupier - Loan maximum interest only period 5 years
- Investment - Loan maximum interest only period 10 years
More Information
Published by St.George Bank under the Consumer Data Right · Last updated 9 July 2026 · Product ID STGHLBasic · View on CDR.gov.au