Variable Rate Home Loan - St George Bank - Variable

Comparison Rate	6.40%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,236.64
Total Amount Paid Est.	$449,520
Establishment Fee	$600.00

6.29%

Target Market
To buy, block &/or build or refinance residential security. ,
Consolidation of debt may form part of loan sought. ,
The Family Pledge option is available on the Standard Housing Loan refer to Family Pledge Profile - for policy details.

Acceptable Income
Self employed, Salary & Wage earners.

Home Loan Loan Term
30 years.
Interest Only Loans revert to Standard Variable P & I after I/O term at which time they may be renegotiated.

Home Loan Loan Size
Minimum: $10K ,
Maximum no maximum.

Home Loan Repayment Type
Principal & Interest ,
Interest Based 1 - 15 years.

Repayment Options
Weekly Fortnightly or monthly ,
Interest Only monthly repayment.

Extra Repayments
Principal repayments of $10,000 per 12 months during the fixed period may be made on Principal & Interest and interest based repayments without incurring break costs. Extra repayments allowed on Standard Variable and Discount Variable Rate P & I and or Interest Only ,
Automatic Additional repayments not allowed on Fixed Interest Only Loans. ,
Break cost may apply on early payout of Fixed Rates and Early termination Fee on the Honeymoon loans.

Split Loan Facility
Yes.

Offset
100% offset available on both Honeymoon and Standard Variable products on a P & I and Interest only basis. Link loan to Freedom Savings Account. Offset Service Fee: $5 pm on loan.

Redraw Facility
No minimum Amount (available on internet). Manual Fee: $25. Electronic Fee $10 Only available on variable rates. ,
Note redraw isn't available until the next payment due date after settlement. ,
With most of our products (excluding Portfolio Loan / line of credit) funds paid into the loan are not available when they have been deposited, until the next payment date. The system holds the deposit until the payment due date and then shows the additional funds (over and above the repayment due) as available redraw. Redraw is not automatic on a loan and clients may need to apply for a redraw facility to be active on their loan. ,
When St George loan settles, the surplus funds are usually deposited into a nominated St George Bank account on date of settlement. This needs to be specified in the disbursement form which the client receives with the loan documentation.

LVR for Variable Rate Home Loan - St George Bank - Variable

Owner Occupied Maximum LVR 95% ,
Investment Maximum LVR 95% ,
Construction Maximum LVR 95% - Construction N/A for Fixed ,
Refinancing Maximum LVR 90% ,
,
Maximum LVR of 95% for existing customers only (please refer to Special Credit Critera for definition of an existing customer) ,
Maximum LVR of 90% for new customers. ,
,
Where Consolidation of debt forms part of loan sought to 85% - 90% neg. ,
Country & Special Rural Zoned Securities - LVR on application. ,
,
FASTRefi® is a process that allows settlement for refinancing of residential loans to be completed within days of the customer signing the loan documents. For more information on this service contact your broker support centre Mortgage Central on 1300 137 532.

Fees for Variable Rate Home Loan - St George Bank - Variable

Establishment Fee:$600 (includes 1 valuation) ,
Settlement/Lodgement Fee:$ 100 per loan (Fee displayed as Mortgage Preparation ) ,
Monthly Service Fee:$10 per month ,
Additional Valuations:$0 Valuers travelling allowance payable by customer. ,
Additional security fee $100 ,
Early Repayment Fee $1K for negotiated interest rates standard loans with Advantage Package with discounted rates or receive a discount on a Fixed Rate and discharge the loan within 3 years will be liable for ERF plus Breakcosts if applicable. ,
Early Termination fee. 0.9% of the loan amount if an introductory home loan is discharged in full within 4 years of the settlement date. ,
Fixed Rate Repayment Fee this fee will apply to home loans that are fully discharged before the end of their fixed rate period : $150 ,
Redraw Fee Electronic $10 ,
Manual Redraw Fee $25 ,
Increase Fee $500 ,
Switch Fee $500 ,
Switch Fee to Portfolio $500 ,
Rate Lock Fee 0.15% of the loan amount or $500 whichever is higher ,
Consent to Subdivision $350 ,
Substitution of Security $350 ,
Renegotiation $500 ,
Discharge of Mortgage Fee $500 ,
Discharge Settlement Processing Fee $100 ,
Progress Payment Administration Fee $250 (Contract Builders) ,
Progress payment final inspection fee $102.50 ,
Arrears Letter Fee $50 ,
Split Fee $150 ,
Refer to Fee Guide in Lender Manual Folder for full list of the fees.