St George Introductory Fixed 1 Year

The St George Introductory Fixed Rate Home Loan provides customers with a discounted interest rate for the 1st year. Once the first year has ended the interest rate reverts back the Standard Variable rate. This product is popular amongst buyers entering the market for the first time.

This home loan is also has a number of quality features including a 100% offset account. The borrower also has the option to engage in an interest only loan.

The introductory rate provides a high level of flexibility for the consumer at a lower than standard variable rate for the 1st year.

Starting in the 1930s the St George Bank has become one of the largest lenders in Australia. Recognised for its customer service St George is a popular bank among borrowers.

KEY BENEFITS

This mortgage offers clients a number of benefits.

Lock the Rate

This is a clever feature that allows the buyer to lock in the rate at the application time. This is a great attribute as it restricts any losses that may occur between the application and start of the home loan.

Further Repayments

You have the option to pay down you home loan faster than first hoped. It is a great way to get ahead on your mortgage and bring you closer to owning your own home.

Interest Only

Only want to pay interest? This loan allows you to only pay the interest. This can be particularly beneficial if you are looking to reduce your payments at the commencement of the loan.

Split the Loan

Want a number of different products? it allows you to combine your loan with another product from St George. This way you can enjoy the benefits of both the loan features.

Repayment Holiday

If you ever come into a period in your life where money is tight you can opt for a repayment holiday. Note that there is a limit in time and that certain fees may apply.