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- Star Essentials Home Loan (LVR < 80%)
Star Essentials Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
5.99%
Comparison rate* p.a.
5.99%
Star Essentials Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
5.99%
Comparison rate* p.a.
5.99%
RateCity says
"No ongoing fees, plus all of the basics an owner occupier may want from a home loan, including a redraw facility."
Calculate your repayments for this loan
$
Your estimated repayment
$2,995
based on 500000 loan amount for 25 years at 5.99%
Monthly Repayment
$2,995
Total interest
$578,034
Total payments
$1,078,034
Start date
04-2024
End date
04-2049
$1,078,034
025 years
Principal owed
Total repayments owed
Interest owed
Pros and Cons
For Star Essentials Home Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
Homestar Finance Variable Rate Home Loan overview
For Star Essentials Home Loan (LVR < 80%)
Details
Maximum LVR
80%
Total repayments
$1,078,034
Interest rate type
Variable
Borrowing range
$150k - $2m
Suitable for
Owner Occupiers
Loan term range
5 - 30 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Homestar Finance to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Discharge fee of $535 is waived if the loan reaches full term as per the loan agreement.
Fees
Total estimated upfront fees
$395
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$395
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$595
