St George Fixed 2 Years

The St. George 2-Year Fixed Rate Home Loan offers you a 2-year fixed rate period that will change over to the St. George Standard Variable Rate loan once the term ends. The fixed rate offers stability and protection against rising interest rates. You can count on consistent payments during this term.

The fixed rate loan is has a selection of dynamic features that helps make it attractive to a variety of borrower types. Some may like to use a rate lock to secure the amount of their fixed rate for up to 90 days prior to the start of the loan repayments.

There are other features included with this loan as well. You can make additional repayments, take a payment holiday, use redraw options, split the loan, or use an interest only payment term.

KEY BENEFITS

The following key benefits are available with the St. George 2-Year Fixed Rate Home Loan:

Additional Repayment

You can make additional repayments on the loan in order to cut down the amount of principal owed so the term of the loan actually get shorter much faster.

The Repayment Holiday

You have the option of setting up a hold on your mortgage payments by paying a $500 fee. It will guarantee a complete pause on repayment for between three months and a year as long as you have paid your schedule mortgage payments ahead.

Redraw Facility

This option lets you take money that has been paid on your mortgage and use it for other expenses or purchase. This money can only be used if additional payments have been made on the loan.

Interest Only Payments

You can pay only total interest owned on your mortgage for up to fifteen years before the principal is due.

Split Loans

This St. George home loan can be combined with other loans to split up the repayment cycle and take advantage of individual benefits.