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St.George Bank Home Loans & Rates Comparison
Today’s rates at a glance
St.George Bank best
6.29%
P.A. rate6.30%
Comparison*Basic Home Loan · Variable · P&I · ≤70% LVR
Market best
5.69%
P.A. rate5.71%
Comparison*St.George Bank is +0.60% higher
*Comparison rates based on a $150,000 loan over 25 years. Different terms, fees or loan amounts might result in a different comparison rate.
See if you can get a better rateSt.George Bank is a non-major lender that’s backed by Westpac and offers a range of variable and fixed home loans with minimal fees and all of the features borrowers have come to expect. Let's see how their home loan interest rates stack up.
St.George Bank home loan rates
Easily compare St.George Bank's home loan interest rates. Use the filters to find rates to suit your needs. To check St.George Bank rates versus the lenders in our panel, just click 'compare'.
| Product | Rate | Comparison* | Type | Monthly | Compare |
|---|---|---|---|---|---|
| Basic Home Loan | |||||
| ≤70% LVR | 6.29%p.a. | 6.30%p.a. | Variable | $3,710 Principal and interest | Compare Lowest |
| ≤80% LVR | 6.39%p.a. | 6.40%p.a. | Variable | $3,749 Principal and interest | |
| ≤90% LVR | 6.69%p.a. | 6.70%p.a. | Variable | $3,868 Principal and interest | |
| ≤95% LVR | 6.69%p.a. | 6.70%p.a. | Variable | $3,868 Principal and interest | |
| Fixed Rate Home Loan Advantage Package | |||||
| ≤70% LVR | 6.34%p.a. | 6.75%p.a. | Fixed 2yr | $3,729 Principal and interest | Compare Lowest |
| ≤70% LVR | 6.44%p.a. | 6.77%p.a. | Fixed 1yr | $3,769 Principal and interest | |
| ≤80% LVR | 6.44%p.a. | 6.85%p.a. | Fixed 2yr | $3,769 Principal and interest | |
| ≤70% LVR | 6.54%p.a. | 6.80%p.a. | Fixed 3yr | $3,808 Principal and interest | |
| ≤80% LVR | 6.54%p.a. | 6.86%p.a. | Fixed 1yr | $3,808 Principal and interest | |
| ≤80% LVR | 6.64%p.a. | 6.90%p.a. | Fixed 3yr | $3,848 Principal and interest | |
| ≤70% LVR | 6.69%p.a. | 6.87%p.a. | Fixed 4yr | $3,868 Principal and interest | |
| ≤70% LVR | 6.69%p.a. | 6.89%p.a. | Fixed 5yr | $3,868 Principal and interest | |
| ≤90% LVR | 6.74%p.a. | 7.15%p.a. | Fixed 2yr | $3,888 Principal and interest | |
| ≤95% LVR | 6.74%p.a. | 7.15%p.a. | Fixed 2yr | $3,888 Principal and interest | |
| ≤80% LVR | 6.79%p.a. | 6.97%p.a. | Fixed 4yr | $3,908 Principal and interest | |
| ≤80% LVR | 6.79%p.a. | 6.99%p.a. | Fixed 5yr | $3,908 Principal and interest | |
| ≤95% LVR | 6.84%p.a. | 7.16%p.a. | Fixed 1yr | $3,928 Principal and interest | |
| ≤90% LVR | 6.84%p.a. | 7.16%p.a. | Fixed 1yr | $3,928 Principal and interest | |
| ≤90% LVR | 6.94%p.a. | 7.20%p.a. | Fixed 3yr | $3,968 Principal and interest | |
| ≤95% LVR | 6.94%p.a. | 7.20%p.a. | Fixed 3yr | $3,968 Principal and interest | |
| Standard Variable P&I - Advantage Package | |||||
| ≤70% LVR | 6.39%p.a. | 6.76%p.a. | Variable | $3,749 Principal and interest | Compare Lowest |
| ≤80% LVR | 6.49%p.a. | 6.86%p.a. | Variable | $3,788 Principal and interest | |
| ≤95% LVR | 6.79%p.a. | 7.16%p.a. | Variable | $3,908 Principal and interest | |
| ≤90% LVR | 6.79%p.a. | 7.16%p.a. | Variable | $3,908 Principal and interest | |
| Fixed Rate Home Loan | |||||
| ≤70% LVR | 6.54%p.a. | 8.38%p.a. | Fixed 2yr | $3,808 Principal and interest | Compare Lowest |
| ≤80% LVR | 6.64%p.a. | 8.48%p.a. | Fixed 2yr | $3,848 Principal and interest | |
| ≤70% LVR | 6.64%p.a. | 8.61%p.a. | Fixed 1yr | $3,848 Principal and interest | |
| ≤70% LVR | 6.74%p.a. | 8.24%p.a. | Fixed 3yr | $3,888 Principal and interest | |
| ≤80% LVR | 6.74%p.a. | 8.71%p.a. | Fixed 1yr | $3,888 Principal and interest | |
| ≤80% LVR | 6.84%p.a. | 8.34%p.a. | Fixed 3yr | $3,928 Principal and interest | |
| ≤70% LVR | 6.89%p.a. | 8.00%p.a. | Fixed 5yr | $3,948 Principal and interest | |
| ≤70% LVR | 6.89%p.a. | 8.14%p.a. | Fixed 4yr | $3,948 Principal and interest | |
| ≤95% LVR | 6.94%p.a. | 8.77%p.a. | Fixed 2yr | $3,968 Principal and interest | |
| ≤90% LVR | 6.94%p.a. | 8.77%p.a. | Fixed 2yr | $3,968 Principal and interest | |
St.George’s variable home loan rates
St.George has two variable rate home loans that offer different levels of inclusions and interest rates based on various loan-to-value ratio (LVR) tiers.
Basic Home Loan
St.George’s Basic Home Loan offers low interest rates and no ongoing fees. Borrowers don’t have access to an offset account, but there’s scope for unlimited extra repayments and redraw at no added fee.
| Rate tier | Interest rate | Comparison rate* |
|---|---|---|
| Basic Home Loan up to 70% LVR | 6.29% | 6.30% |
| Basic Home Loan 70%-80% LVR | 6.39% | 6.40% |
| Basic Home Loan above 80% LVR | 6.69% | 6.70% |
The Variable Basic Home Loan has lower fees than St.George’s other loans, with the only fees to consider being:
$100 document processing fee
$15 missed payment fee
Standard Variable Home Loan with Offset
St.George’s Variable Home Loan with offset is a more comprehensive product with better features. It includes a full interest offset facility, unlimited additional repayments and redraws, plus the ability to split part of the loan with a fixed interest rate. It also lets borrowers use the equity in a family member’s home to guarantee a portion of the loan, as well as the option to apply to temporarily reduce or pause repayments.
| Rate tier | Interest rate | Comparison rate* |
|---|---|---|
| Standard Variable up to 70% LVR | 6.39% p.a. | 6.77% p.a. |
| Standard Variable 70%-80% LVR | 6.49% p.a. | 6.86% p.a. |
| Standard Variable above 80% LVR | 6.79% p.a. | 7.16% p.a. |
The main fees for St.George’s Variable Home Loan with offset include:
$600 establishment fee
$8 monthly loan account fee
$100 document processing fee
St.George’s Advantage Package
St.George’s Advantage Package waives both the establishment fee and monthly account fee for the cost of $395 annually. Owner-occupiers on a standard variable loan will also receive a 2.32% p.a. discount on their interest rate.
St.George’s fixed home loan rates
St.George’s fixed rate home loan has flexible repayment options and lets borrowers re-fix their interest rate after the initial fixed period ends. Its family pledge scheme allows borrowers to use the equity in a family member’s home to maximise the borrowing amount. Fixed rate periods are available for up to five years with an LVR band of 70%.
Fixed Rate Home Loan
| Duration | LVR band | Interest rate | Comparison rate* |
|---|---|---|---|
| 1 year fixed rate | 70% | 6.44% p.a. | 6.77% p.a. |
| 1 year fixed rate | 70% - 80% | 6.54% p.a. | 6.87% p.a. |
| 1 year fixed rate | Above 80% | 6.84% p.a. | 7.17% p.a. |
| 2 year fixed rate | 70% | 6.34% p.a. | 6.76% p.a. |
| 2 year fixed rate | 70% - 80% | 6.44% p.a. | 6.85% p.a. |
| 2 year fixed rate | Above 80% | 6.74% p.a. | 7.15% p.a. |
| 3 year fixed rate | 70% | 6.54% p.a. | 6.81% p.a. |
| 3 year fixed rate | 70% - 80% | 6.64% p.a. | 6.91% p.a. |
| 3 year fixed rate | Above 80% | 6.94% p.a. | 7.20% p.a. |
| 4 year fixed rate | 70% | 6.69% p.a. | 6.88% p.a. |
| 4 year fixed rate | 70% - 80% | 6.79% p.a. | 6.97% p.a. |
| 4 year fixed rate | Above 80% | 7.09% p.a. | 7.27% p.a. |
| 5 year fixed rate | 70% | 6.69% p.a. | 6.90% p.a. |
| 5 year fixed rate | 70% - 80% | 6.79% p.a. | 7.00% p.a. |
| 5 year fixed rate | Above 80% | 7.09% p.a. | 7.29% p.a. |
The fees on St.George’s fixed rate home loan are:
Rate lock fee of 0.15% (minimum fee amount $500)
Optional $395 annual fee for the Advantage Package
St.George’s variable investment home loan rates
St.George offers the same two variable rate home loans for borrowers with an investment property.
Basic Variable Home Loan - investment
| Rate tier | Interest rate | Comparison rate* |
|---|---|---|
| Basic Investment Home Loan up to 70% LVR | 6.54% | 6.55% |
| Basic Investment Home Loan 70%-80% LVR | 6.64% | 6.65% |
| Basic Investment Home Loan above 80% LVR | 6.64% | 6.95% |
Standard Variable Home Loan with Offset - investment
| Rate tier | Interest rate | Comparison rate* |
|---|---|---|
| Standard Variable Investment Home Loan up to 70% LVR | 6.59% p.a. | 6.96% p.a. |
| Standard Variable Investment Home Loan 70%-80% LVR | 6.69% p.a. | 7.06% p.a. |
| Standard Variable Investment Home Loan above 80% LVR | 6.99% p.a. | 7.36% p.a. |
St.George’s Advantage Package
St.George’s Advantage Package waives both the establishment fee and monthly account fee for the cost of $395 annually. Investors on a standard variable loan will also receive a 2.68% p.a. discount on their interest rate.
St.George’s fixed investment home loan rates
| Duration | LVR band | Interest rate | Comparison rate* |
|---|---|---|---|
| 1 year fixed rate | 70% | 6.54% p.a. | 6.96% p.a. |
| 1 year fixed rate | 70% - 80% | 6.64% p.a. | 7.06% p.a. |
| 1 year fixed rate | Above 80% | 6.94% p.a. | 7.35% p.a. |
| 2 year fixed rate | 70% | 6.44% p.a. | 6.93% p.a. |
| 2 year fixed rate | 70% - 80% | 6.54% p.a. | 7.03% p.a. |
| 2 year fixed rate | Above 80% | 6.84% p.a. | 7.33% p.a. |
| 3 year fixed rate | 70% | 6.64% p.a. | 6.98% p.a. |
| 3 year fixed rate | 70% - 80% | 6.74% p.a. | 7.08% p.a. |
| 3 year fixed rate | Above 80% | 7.04% p.a. | 7.37% p.a. |
| 4 year fixed rate | 70% | 6.84% p.a. | 7.06% p.a. |
| 4 year fixed rate | 70% - 80% | 6.94% p.a. | 7.15% p.a. |
| 4 year fixed rate | Above 80% | 7.24% p.a. | 7.45% p.a. |
| 5 year fixed rate | 70% | 6.84% p.a. | 7.07% p.a. |
| 5 year fixed rate | 70% - 80% | 6.94% p.a. | 7.17% p.a. |
| 5 year fixed rate | Above 80% | 7.24% p.a. | 7.47% p.a. |
The fees on St.George’s fixed rate home loan are:
Rate lock fee of 0.15% (minimum fee amount $500)
St.George’s variable interest-only home loan rates for owner occupier
St.George offers interest-only rates on the same suite of variable and fixed rate loans. It enables borrowers to only pay the interest on their home loan for up to five years for owner-occupiers or 15 years for investors, before the principal amount is added into repayments.
Basic Home Loan - interest-only
| Rate tier | Interest rate | Comparison rate* |
|---|---|---|
| Basic Home Loan IO up to 70% LVR | 7.29% | 6.73% |
| Basic Home Loan IO 70%-80% LVR | 7.39% | 6.84% |
Standard Variable Home Loan with Offset - interest-only
| Rate tier | Interest rate | Comparison rate* |
|---|---|---|
| Standard Variable IO up to 70% LVR | 6.98% p.a. | 7.00% p.a. |
| Standard Variable IO 70%-80% LVR | 7.08% p.a. | 7.10% p.a. |
St.George’s fixed interest-only home loan rates for owner occupiers
| Duration | LVR band | Interest rate | Comparison rate* |
|---|---|---|---|
| 1 year fixed rate | 70% | 6.79% p.a. | 6.80% p.a. |
| 1 year fixed rate | 70% - 80% | 6.89% p.a. | 6.90% p.a. |
| 2 year fixed rate | 70% | 6.69% p.a. | 6.81% p.a. |
| 2 year fixed rate | 70% - 80% | 6.79% p.a. | 6.91% p.a. |
| 3 year fixed rate | 70% | 6.89% p.a. | 6.89% p.a. |
| 3 year fixed rate | 70% - 80% | 6.99% p.a. | 6.99% p.a. |
| 4 year fixed rate | 70% | 7.09% p.a. | 7.00% p.a. |
| 4 year fixed rate | 70% - 80% | 7.19% p.a. | 7.10% p.a. |
| 5 year fixed rate | 70% | 7.09% p.a. | 7.04% p.a. |
| 5 year fixed rate | 70% - 80% | 7.19% p.a. | 7.14% p.a. |
St.George’s variable interest-only home loan rates for investors
There's also interest-only repayment options for investors on both their variable and fixed rate home loan products.
Basic Variable Home Loan - investment (interest-only)
| Rate tier | Interest rate | Comparison rate* |
|---|---|---|
| Basic Investment Home Loan IO up to 70% LVR | 6.89% | 6.70% |
| Basic Investment Home Loan IO 70%-80% LVR | 6.99% | 6.80% |
| Basic Investment Home Loan IO above 80% LVR | 7.29% p.a. | 7.10% p.a. |
Standard Variable Home Loan with Offset - investment (interest-only)
| Rate tier | Interest rate | Comparison rate* |
|---|---|---|
| Standard Variable Investment Home Loan IO up to 70% LVR | 6.88% p.a. | 7.06% p.a. |
| Standard Variable Investment Home Loan IO 70%-80% LVR | 6.98% p.a. | 7.16% p.a. |
| Standard Variable Investment Home Loan IO above 80% LVR | 7.28% p.a. | 7.46% p.a. |
St.George’s fixed interest-only home loan rates for investors
| Duration | LVR band | Interest rate | Comparison rate* |
|---|---|---|---|
| 1 year fixed rate | 70% | 6.64% p.a. | 6.96% p.a. |
| 1 year fixed rate | 70% - 80% | 6.74% p.a. | 7.06% p.a. |
| 1 year fixed rate | Above 80% | 7.04% p.a. | 7.36% p.a. |
| 2 year fixed rate | 70% | 6.54% p.a. | 6.94% p.a. |
| 2 year fixed rate | 70% - 80% | 6.64% p.a. | 7.04% p.a. |
| 2 year fixed rate | Above 80% | 6.94% p.a. | 7.34% p.a. |
| 3 year fixed rate | 70% | 6.74% p.a. | 6.99% p.a. |
| 3 year fixed rate | 70% - 80% | 6.84% p.a. | 7.09% p.a. |
| 3 year fixed rate | Above 80% | 7.14% p.a. | 7.39% p.a. |
| 4 year fixed rate | 70% | 6.94% p.a. | 7.07% p.a. |
| 4 year fixed rate | 70% - 80% | 7.04% p.a. | 7.17% p.a. |
| 4 year fixed rate | Above 80% | 7.34% p.a. | 7.47% p.a. |
| 5 year fixed rate | 70% | 6.94% p.a. | 7.09% p.a. |
| 5 year fixed rate | 70% - 80% | 7.04% p.a. | 7.19% p.a. |
| 5 year fixed rate | Above 80% | 7.34% p.a. | 7.49% p.a. |
How competitive are St.George’s home loan rates?
St.George offers relatively competitive rates on its home loans, especially for its Basic variable rate loan which has comparably low interest rates. Its Standard Variable Home Loan with Offset is pretty much on par with similar products in the market.
As for its fixed home loan rates, St.George’s are a little above the average. While there are some lenders with higher fixed rates, it's definitely possible to find sharper rates if you look around.
In particular, it's worthwhile looking at other options from smaller lenders who often have the best home loan rates overall to ensure you're getting the most suitable home loan for your situation.
Compare St.George’s home loan rates to other non-major lenders
What are St.George’s lowest home loan rates?
The lowest interest rates currently available from St.George are offered on its Basic variable rate home loan, especially on its up to 70% LVR band.
If you’re wanting to compare fixed rate home loan rates, St.George’s one and two year terms with a 70% LVR band are the lowest rate options on both its owner-occupier and investment loans.
Shopping home loan rates beyond the big banks?
Non-major banks
Think ING, HSBC, Bendigo, Suncorp Bank etc. In terms of products and processes, these will be very similar to the big 4 banks who lead the trends in banking in Australia. But non-major banks often have lower rates and special offers (e.g. refinance cashback) in order to be competitive versus the bigger lenders. The non-major banks are still well-known brands with high-quality online tools systems.
Customer-owned
There are dozens of small member-owned banks and credit unions in Australia. Many are focussed on customers in a particular regional area, or even workers in a certain profession. These lenders often have the lowest rates in the market and personalised customer service, but the eligibility criteria may be more limited and the application process can be slow.
Non-bank lenders
Australian borrowers also have plenty of choice among non-bank home loan providers. Some are mainstream lenders (often online only) offering loans to your typical home loan borrowers. Others specialise in offering loans to cater for specific borrowers and scenarios, such as self-employed borrowers, bad credit borrowers or SMSF loans.