Homestar - Star Classic
Variable | Owner Occupied | Principal & Interest | LVR up to 80% | Borrowing between $150,000 and $2,000,000
The Homestar Star Classic offers an advertised interest rate of 6.09% p.a. and a comparison interest rate of 6.09% p.a.. The Homestar Star Classic is suitable for Owner Occupiers with Variable terms.
More Homestar Star Classic details can be found below or visit Homestar to learn more or apply.
A Variable rate loan for Owner Occupiers repaying the Principal & Interest with an advertised interest rate of 6.09% p.a. and a comparison interest rate of 6.09% p.a.
Advertised Rate
6.09% p.a. Variable
Comparison Rate
6.09% p.a. Variable
Application Fee
$0 one off
Loan To Value
80%
Interest
Rate Type
Variable
Advertised Rate
6.09% p.a.
Variable
Comparison Rate
6.09% p.a.
Variable
Calculation Frequency
Daily
Application Frequency
Monthly
Terms
Suitability
Owner Occupiers
Borrowing
$150,000 to $2.0m
Term
1 to 30
years
Loan To Value
80%
Repayment
Type
Principal & Interest
Frequency
Weekly, Monthly, Fortnightly
Extra Repayments
Yes
Fees
Application Fee
$0
one off
Valuation Fee
$0
per event
Settlement Fee
$0
per event
Ongoing Fee
$0
per month
Legal Fee
$0
one off
Discharge Fee
$595
per event
Features
Redraw
Yes
Loan Offset
Yes
Loan Split
Yes
Construction Loan
No
Who is the product designed for?
This Product is designed for customers who:
Seeking a property loan with a range of features including repayments that can vary over the life of the loan for any of the following purposes:
- purchasing, refinancing, or renovating a residential owner occupied or investment property
- purchase of house and land package
- building and construction finance
- consolidation of personal debt
- personal needs or personal investments and
- off the plan purchase
Require flexibility to make additional payments more than the required monthly repayment amount and switch between Principal & Interest and Interest Only repayments.
Option to link an Offset Account for the purposes of reducing the amount of interest payable under the loan.
Visit Homestar to view Target Market Determination Effective From: 2024-05-16.
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