St. George Bank
Basic Variable Home Loan
Our no-frills variable home loan rate, with redraw and no establishment or ongoing monthly fees.
Home loansBank updated 3 Sept 2026
At a glance
- Variable (owner occ. P&I)
- 6.29% · 6.30% comparison
- Variable (investor P&I)
- 6.54%
- Max LVR
- 95%
- Features
- redraw, extra repayments
§ 01 — Rates · 11
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableSpecial offer discount of 2.09% 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%. | Investment · Interest only | — | ≤70% LVR | 6.89% | 6.70% | — |
| VariableSpecial offer discount of 2.09% 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 valuat… | Investment · Interest only | — | 70–80% LVR | 6.99% | 6.80% | — |
| VariableSpecial offer discount of 2.09% 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… | Investment · Interest only | — | 80–90% LVR | 7.29% | 7.10% | — |
| VariableSpecial offer discount of 2.15% 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%. | Investment · P&I | — | ≤70% LVR | 6.54% | 6.55% | — |
| VariableSpecial offer discount of 2.15% 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 valuat… | Investment · P&I | — | 70–80% LVR | 6.64% | 6.65% | — |
| VariableSpecial offer discount of 2.15% 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… | Investment · P&I | — | 80–95% LVR | 6.94% | 6.95% | — |
| VariableSpecial 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%. | Owner occupied · Interest only | — | ≤70% LVR | 7.29% | 6.73% | — |
| VariableSpecial 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 valuat… | Owner occupied · Interest only | — | 70–80% LVR | 7.39% | 6.84% | — |
| VariableSpecial offer discount of 1.84% 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-… | Owner occupied · P&I | — | ≤70% LVR | 6.29% | 6.30% | — |
| VariableSpecial offer discount of 1.84% 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 valuat… | Owner occupied · P&I | — | 70–80% LVR | 6.39% | 6.40% | — |
| VariableSpecial offer discount of 1.84% 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… | Owner occupied · P&I | — | 80–95% LVR | 6.69% | 6.70% | — |
§ 02 — Fees · 7
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Document Processing Fee | Event | $100 | — | 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, va… |
| Property Valuer Fee | Event | Varies | — | Fee may be payable if a valuation is needed. The amount is dependent on property location and value. |
| Loan Discharge Fee | Exit | $350 | — | Per Mortgage |
| Missed Payment Fee | Late payment | $15 | — | Fee payable when we send customer an arrears letter relating to an overdue amount |
| Loan Account Fee | Periodic | No fee | Every 1 mo | — |
| Lenders Mortgage Insurance Premium | Upfront | Varies | — | If your deposit is less than 20% then Lenders Mortgage Insurance is usually required. There may be other circumstances where Lenders Mortgage Insurance is also required. As Lenders Mortgage Insurance… |
| Lending Establishment Fee | Upfront | No fee | — | — |
§ 03 — Features
RedrawExtra repaymentsGuarantor optionDigital bankingFraud protectionRelationship manager
- · 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.
- · Option to Loan Split/Subsequent Loan Sequence
- · The product includes a combination loan feature.
- · The product provides options which includes reduced repayment, repayment holiday, portability and loan increase (top up) features
- · The product includes a Relocation Loan End Debt feature
- · The product includes Switching (from another product) feature
- · Loan Payment Method - Direct Credit, Direct Debit (preferred), Branch Payment, Internet or Phone Banking
- · Substituting a security : You may ask us to accept a new mortgage over other land as a substitute for any mortgage which is security for your loan. We may agree to this if you satisfy any reasonable…
- · Statements of account : We will send you a statement of your loan account at least every six months or more frequently if you request
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Should be an Australian or New Zealand citizen(s) or permanent resident(s)
- · Amount $30,000 to $5,000,000
- · Maximum LVR 95%
- · Individuals Only
- · Maximum repayment term 30 years
- · Owner occupier - Loan maximum interest only period 5 years
- · Investment - Loan maximum interest only period 10 years
§ 06 — Run the numbers
Put this product through a calculator
Published by St.George Bank under the Consumer Data Right, last changed by them on 3 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.