Important disclosure
Star Essentials Home Loan
Interest Rate
5.89%
p.a
Comparison Rate*
5.89%
p.a
5.89%
p.a
5.89%
p.a
$3,188
based on $500,000 loan amount for 25 years at 5.89%
Calculate your repayments for this loan
Your estimated repayment
$3,188
based on $500,000 loan amount for 25 years at 5.89%
Pros and cons
For Star Essentials Home Loan (LVR < 70%)
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
- Maximum loan amount is limited to 70% of the property's value
- No repayment holidays
Homestar Finance Variable Rate Home loan overview
For Star Essentials Home Loan (LVR < 70%)
Details
Maximum LVR 70% | Total Repayments $956,391 |
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 |
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 |
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FAQs
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