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- Star Gold Home Loan
Star Gold Home Loan
- 2024 Award Winner
- Owner Occupied
- Variable
- 30% min deposit
- P&I
Interest rate p.a.
5.99%
Comparison rate* p.a.
5.99%
Star Gold Home Loan
- 2024 Award Winner
- Owner Occupied
- Variable
- 30% min deposit
- P&I
Interest rate p.a.
5.99%
Comparison rate* p.a.
5.99%
Homestar Finance Variable Rate Home Loan overview
For Star Gold Home Loan (Principal and Interest) (LVR < 70%)
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
70%
Total repayments
Interest rate type
Variable
Borrowing range
$250k - $1m
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
Limited Time Special. 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
RateCity says
"This low interest rate is available for a limited time only to borrowers with more than 30 per cent equity. Plus free redraws and no ongoing fees. "
Pros and Cons
For Star Gold Home Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- 100% full offset account
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
- Winner of Best Offset Home Loan, RateCity Gold Awards 2024
Drawbacks
- Higher than average upfront fee
- Discharge fee at end of loan
- Maximum loan amount is limited to 70% of the property's value
- No repayment holidays
