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Every home buyer wants to pay off their home loan faster so they can reduce debt and spend that hard-earned money, perhaps on household renovations, a well-earned holiday or even another home.

But you want it to be easy because even when you’re living in the home of your dreams, you still want to be able to enjoy a great Australian lifestyle.
At Homestar Finance, we make it faster and easier to get ahead in the property market.
We do that with award-winning home loan rates, flexible mortgage products, unrivalled service from experienced home loan specialists and saving tips that are worth sharing.

1. Get the best home loan rate

Start out right, or refinance for a better deal, with Homestar’s award-winning interest rates. There really is no need to go with a high interest rate, or an inflexible home loan product, from a big bank that treats you like a number.
Homestar doesn’t deal with brokers or have branches. That means we can put more effort into providing rates that could take years, and thousands of dollars, off your home loan repayments.
Use our Loan Comparison Tool to see how a Star Gold variable rate of 1.79% p.a. (comparison rate 1.84%* p.a.) could save you versus your current home loan. Then dream about that luxury holiday for all the family.
Our Star Essentials and Star Classic variable loans also offer interest rates that outdo many of our competitors, while our Star Classic Fixed Special two-year rate of 1.74% p.a. (comparison rate 2.23%* p.a.) is one of the lowest available in the market.

2. Split your home loan to save and feel secure

All of Homestar’s competitive home loan products offer up to four loan splits.
Hedge your bets about interest rates going up or down by combining one of our unbeatable fixed and variable rates.
If interest rates do go up, you won’t have to worry about increases to the fixed part of your loan. At the same time, you still have the flexibility of the variable portion of the loan to make extra repayments that reduce your loan sooner.

3. Reduce your mortgage with easy extra payments

We all like our creature comforts. But what if you skipped one discretionary expense a week, like a takeaway meal, and put that money into your home loan?
Pay an extra $100 a fortnight on a $500,000 Star Classic variable loan of 2.24% p.a. (comparison rate 2.27%* p.a.) over 30 years, and you’ll save four years and eight weeks, or $28,096 over the life of your loan.

4. Make fortnightly payments to reduce your home loan faster

Rather than pay your mortgage once a month, pay fortnightly with any of Homestar’s unrivalled, low-interest loans.
With 26 fortnights in a year, but only 12 months, you’ll end up making an extra payment without even noticing.

5. Get a money-saving mortgage package

You can use Homestar’s extra mortgage package features, including an offset account, unrestricted payments and low fees, to slash your total repayments even further. We’ve got your back.

* Comparison rates are based on a basic Homestar loan, on a $150,000 loan amount over 25 years.

* WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

DISCLAIMER: Terms, conditions and eligibility criteria apply to all our loan products and features. Fees, charges and disbursements are payable.
© Homestar Finance Pty Ltd ACN 109 413 498, Australian Credit Licence Number 390 860.