St.George Bank Home Loans & Rates Comparison

RATE OF THE DAY
Variable
6.29%
Comparison Rate*
6.30%
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This is our pick of the top rates available from CommBank. Rate shown is for owner occupiers making principal and interest repayments with a loan-to-value ratio of 70%.
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Could you be saving money on your mortgage?

St.George Bank’s best home loan rates

St.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. Compare some of St.George’s best variable and fixed home loan rates for owner occupiers and investors.

Owner occupier rates
Investment rates
Lender
Variable
1-Year Fixed
2-Year Fixed
3-Year Fixed
4-Year Fixed
5-Year Fixed
6.29%
Interest Rate
6.30%
Comparison Rate
6.64%
Interest Rate
8.61%
Comparison Rate
6.54%
Interest Rate
8.38%
Comparison Rate
6.74%
Interest Rate
8.25%
Comparison Rate
6.89%
Interest Rate
8.14%
Comparison Rate
6.89%
Interest Rate
8.01%
Comparison Rate
Owner occupier loans with principal and interest repayments. Rates assume 70% LVR.
Lender
Variable
1-Year Fixed
2-Year Fixed
3-Year Fixed
4-Year Fixed
5-Year Fixed
6.54%
Interest Rate
6.55%
Comparison Rate
6.74%
Interest Rate
9.11%
Comparison Rate
6.64%
Interest Rate
8.83%
Comparison Rate
6.84%
Interest Rate
8.65%
Comparison Rate
7.04%
Interest Rate
8.53%
Comparison Rate
7.04%
Interest Rate
8.37%
Comparison Rate
Investment loans with principal and interest repayments. Rates assume 70% LVR.

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. 

Product Interest rate Comparison rate* Max LVR
Variable Basic Home Loan up to 70% LVR 6.29% p.a. 6.30% p.a. 70%
Variable Basic Home Loan 70% up to 80% 6.39% p.a. 6.40% p.a. 80%
Variable Basic Home Loan above 80% 6.69% p.a. 6.70% p.a. 80%+

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. 

Product Interest rate Comparison rate* Max LVR
Variable Home Loan with Offset up to 70% LVR 6.39% p.a. 6.77% p.a. 70%
Variable Home Loan with Offset 70% up to 80% 6.49% p.a. 6.86% p.a. 80%
Variable Home Loan with Offset above 80% 6.79% p.a. 7.16% p.a. 80%+

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% 6.64% p.a. 8.61% p.a.
1 year fixed rate 70% - 80% 6.74% p.a. 8.71% p.a.
1 year fixed rate Above 80% 7.04% p.a. 9.01% p.a.
2 year fixed rate 70% 6.54% p.a. 8.38% p.a.
2 year fixed rate 70% - 80% 6.64% p.a. 8.48% p.a.
2 year fixed rate Above 80% 6.94% p.a. 8.77% p.a.
3 year fixed rate 70% 6.74% p.a. 8.25% p.a.
3 year fixed rate 70% - 80% 6.84% p.a. 8.34% p.a.
3 year fixed rate Above 80% 7.14% p.a. 8.64% p.a.
4 year fixed rate 70% 6.89% p.a. 8.14% p.a.
4 year fixed rate 70% - 80% 6.99% p.a. 8.24% p.a.
4 year fixed rate Above 80% 7.29% p.a. 8.53% p.a.
5 year fixed rate 70% 6.89% p.a. 8.01% p.a.
5 year fixed rate 70% - 80% 6.99% p.a. 8.11% p.a.
5 year fixed rate Above 80% 7.29% p.a. 8.40% 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

Product Interest rate Comparison rate* Max LVR
Variable Basic Home Loan up to 70% LVR 6.54% p.a. 6.55% p.a. 70%
Variable Basic Home Loan above 70% up to 80% 6.64% p.a. 6.65% p.a. 80%
Variable Basic Home Loan above 80% 6.94% p.a. 6.95% p.a. 80%+

Standard Variable Home Loan with Offset - investment

Product Interest rate Comparison rate* Max LVR
Variable Home Loan with Offset up to 70% LVR 6.59% p.a. 6.96% p.a. 70%
Variable Home Loan with Offset 70% up to 80% 6.69% p.a. 7.06% p.a. 80%
Variable Home Loan with Offset above 80% 6.99% p.a. 7.36% p.a. 80%+

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

Fixed Rate Home Loan - investment

Duration LVR band Interest rate Comparison rate*
1 year fixed rate 70% 6.74% p.a. 9.11% p.a.
1 year fixed rate 70% up to 80% 6.84% p.a. 9.21% p.a.
1 year fixed rate Above 80% 7.14% p.a. 9.51% p.a.
2 year fixed rate 70% 6.64% p.a. 8.83% p.a.
2 year fixed rate 70% up to 80% 6.74% p.a. 8.93% p.a.
2 year fixed rate Above 80% 7.04% p.a. 9.22% p.a.
3 year fixed rate 70% 6.84% p.a. 8.65% p.a.
3 year fixed rate 70% up to 80% 6.94% p.a. 8.75% p.a.
3 year fixed rate Above 80% 7.24% p.a. 9.04% p.a.
4 year fixed rate 70% 7.04% p.a. 8.53% p.a.
4 year fixed rate 70% up to 80% 7.14% p.a. 8.63% p.a.
4 year fixed rate Above 80% 7.44% p.a. 8.92% p.a.
5 year fixed rate 70% 7.04% p.a. 8.37% p.a.
5 year fixed rate 70% up to 80% 7.14% p.a. 8.46% p.a.
5 year fixed rate Above 80% 7.44% p.a. 8.75% 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

Product Interest rate Comparison rate* Max LVR
Variable Basic Home Loan up to 70% LVR 7.29% p.a. 6.73% p.a. 70%
Variable Basic Home Loan above 70% up to 80% 7.39% p.a. 6.84% p.a. 80%

Standard Variable Home Loan with Offset - interest-only

Product Interest rate Comparison rate* Max LVR
Variable Home Loan with Offset up to 70% LVR 7.08% p.a. 7.10% p.a. 70%
Variable Home Loan with Offset 70% up to 80% 6.98% p.a. 7.00% p.a. 80%
Variable Home Loan with Offset above 80% 7.08% p.a. 7.10% p.a. 80%+

St.George’s fixed interest-only home loan rates for owner occupiers

Fixed Rate Home Loan - interest-only

Duration LVR band Interest rate Comparison rate*
1 year fixed rate 70% 6.99% p.a. 8.65% p.a.
1 year fixed rate 70% - 80% 7.09% p.a. 8.75% p.a.
2 year fixed rate 70% 6.89% p.a. 8.46% p.a.
2 year fixed rate 70% - 80% 6.99% p.a. 8.56% p.a.
3 year fixed rate 70% 7.09% p.a. 8.35% p.a.
3 year fixed rate 70% - 80% 7.19% p.a. 8.45% p.a.
4 year fixed rate 70% 7.29% p.a. 8.30% p.a.
4 year fixed rate 70% - 80% 6.39% p.a. 8.40% p.a.
5 year fixed rate 70% 7.29% p.a. 8.20% p.a.
5 year fixed rate 70% - 80% 7.39% p.a. 8.30% p.a.

St.George’s variable interest-only home loan rates for investors

Basic Variable Home Loan - investment (interest-only)

Product Interest rate Comparison rate* Max LVR
Variable Basic Home Loan up to 70% LVR 6.89% p.a. 6.70% p.a. 70%
Variable Basic Home Loan above 70% up to 80% 6.99% p.a. 6.80% p.a. 80%
Variable Basic Home Loan above 80% 7.29% p.a. 7.10% p.a. 80%+

Standard Variable Home Loan with Offset - investment (interest-only)

Product Interest rate Comparison rate* Max LVR
Variable Home Loan with Offset up to 70% LVR 6.88% p.a. 7.06% p.a. 70%
Variable Home Loan with Offset 70% up to 80% 6.98% p.a. 7.16% p.a. 80%
Variable Home Loan with Offset above 80% 7.28% p.a. 7.46% p.a. 80%+

St.George’s fixed interest-only home loan rates for investors

Fixed Rate Home Loan - investment (interest-only)

Duration LVR band Interest rate Comparison rate*
1 year fixed rate 70% 6.84% p.a. 9.12% p.a.
1 year fixed rate 70% up to 80% 6.94% p.a. 9.22% p.a.
1 year fixed rate Above 80% 7.24% p.a. 9.52% p.a.
2 year fixed rate 70% 6.74% p.a. 8.86% p.a.
2 year fixed rate 70% up to 80% 6.84% p.a. 8.95% p.a.
2 year fixed rate Above 80% 7.14% p.a. 9.25% p.a.
3 year fixed rate 70% 6.94% p.a. 8.69% p.a.
3 year fixed rate 70% up to 80% 7.04% p.a. 8.79% p.a.
3 year fixed rate Above 80% 7.34% p.a. 9.08% p.a.
4 year fixed rate 70% 7.14% p.a. 8.58% p.a.
4 year fixed rate 70% up to 80% 7.24% p.a. 8.68% p.a.
4 year fixed rate Above 80% 7.54% p.a. 8.97% p.a.
5 year fixed rate 70% 7.14% p.a. 8.43% p.a.
5 year fixed rate 70% up to 80% 7.24% p.a. 8.53% p.a.
5 year fixed rate Above 80% 7.54% p.a. 8.82% 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. 

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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.

St.George Bank home loan FAQs

‍Should I get my home loan from St.George?

St.George was founded in Southern Sydney in 1937 as a building society, and has since joined the Westpac group in 2008, alongside Bank of Melbourne and BankSA. It is a prominent mid-size Australian bank that is recognisable for its distinctive green dragon logo. 

As a non-major home loan lender, St.George offers some of the competitive rates and features that smaller lenders are known for, while being backed by one of the big 4 banks. Some borrowers will like that they can still access in-person customer service from local branches, while having the flexibility of online services.

But whether a St.George home loan is the right option for you will depend on your personal preferences, financial situation and needs. Another lender could offer sharper interest rates, but if you're inclined to a well-established lender that’s supported by Westpac, one of Australia’s largest home loan lenders, then St.George may be suitable. 

However, before deciding on a St.George loan, it’s worthwhile doing some more research or contacting a mortgage broker for a thorough comparison.

Is St.George increasing its home loan rates in 2026?

Yes, to align with the Reserve Bank Australia’s cash rate hikes, St.George and most Australian lenders have increased their interest rates in 2026. Expert predictions from some of the nation’s major banks suggest further rate increases could be on the cards, depending on domestic and global developments. 

If it's been a while since you last compared your rate, it could be worth checking to see if there’s a better home loan rate elsewhere. 

What’s the best St.George home loan?

There’s no one-size-fits-all home loan product, so in order to find the best option for your situation it's important to weigh up the features with the cost. The lowest rate currently available from St.George is on its Basic variable home loan with an LVR of up to 70%. It has some features that borrowers will value, like no ongoing fees, no establishment fees, free limitless extra repayments, and redraw capacity. 

How does St.George’s home loan rates compare to the big 4 banks?

St.George’s home loan rates are fairly well aligned with those offered by Australia’s big 4 banks.

For both owner-occupier and investment basic variable home loan options, St.George is pretty much in the middle, with Westpac and Commbank Digi Home Loan (only available online) offering sharper rates. 

St.George is more competitive for standard variable home loans with offset, its low rates only tie with Westpac and Commbank. Certain owner-occupier borrowers may find a better rate with NAB’s Tailored Home Loan based on factors like banking history with NAB, information provided in the application, loan amount, LVR, credit risk and credit history. 

But when it comes to fixed home loan interest rates, borrowers are likely to find lower rates among the big 4 banks, than with St.George. Currently, the best fixed rate available from the big 4 is seen in ANZ’s 2 year fixed term with an LVR band of 80%. 

See how each the major banks's home loan rates stack up:

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

To apply for a home loan with St.George, find their online application form on their website or book an appointment with a lending specialist at a local branch. The initial form is estimated to take about 20 minutes to complete and will ask for personal details that will help calculate approximately how much you could potentially borrow. Soon after a lending manager will call to answer any questions and collect additional information that will further the application. 

Eligible applicants could opt in to receive conditional approval that is valid for 90 days. Otherwise, full approval will require a property valuation and some final checks. If St.George approves the home loan, you will have to accept it online and undergo their guided loan settlement process.

Does St.George offer home loans as part of the Home Guarantee Scheme?

No, St.George is not a participating lender in the Australian Government’s 5% Deposit Scheme. If you are a first home buyer looking to take advantage of this initiative it’s worthwhile perusing the government’s first home buyers website for suitable lenders. 

Can I get an offset account on a St.George home loan?

Yes, St.George does have an offset account available on its Standard Variable Rate Home Loan. 

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