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Star Classic Fixed

80% LVR, packed with features

Fixed for 1 year

6.95

%

p.a.1

Principal and interest

6.79

%

p.a.1,2

Comparison rate

Fixed for 2 years

6.95

%

p.a.1

Principal and interest

6.85

%

p.a.1,2

Comparison rate

Fixed for 3 years

6.95

%

p.a.1

Principal and interest

6.90

%

p.a.1,2

Comparison rate

Fixed for 1 year

7.35

%

p.a.1

Principal and interest

7.01

%

p.a.1,2

Comparison rate

Fixed for 2 years

7.35

%

p.a.1

Principal and interest

7.09

%

p.a.1,2

Comparison rate

Fixed for 3 years

7.35

%

p.a.1

Principal and interest

7.16

%

p.a.1,2

Comparison rate

Talk to us about your home loan needs and we will package up a home loan with the features you want and tailor the rate to your circumstance.

    Home loan enquiry

    Get started. Want to apply or have a chat? Complete the form below, and we’ll contact you within 24 hours.








    Our owner-occupied, Star Classic home loan offers up to an 80% LVR which means you can borrow up to 80% of the property value and dream a bit bigger. Plus, for no annual fees, it comes with all the “bells and whistles” of a traditional bank – get an offset account, Visa Debit card, pay via Apple Pay, and more! Also, explore our variable rate and investment options.

    Get access to a range of benefits

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    Low rate
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    Weekly, fortnightly or monthly repayments
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    Free online redraws

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    Offset account
    (maximum $20,000)
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    Extra repayments up to $20k p.a.
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    Multiple loan splits

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    Up to 80% LVR
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    Schedule recurring payments
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    Pay Anyone, BPay, and digital wallet payments
    View owner occupied product brochureView investment product brochure

    *Refer to our fees table. Disbursement cost and Government charges still apply.

    Compare our home loans

    Home loan comparison table

    Product Name Star Gold Owner Occupied Star Essentials Owner Occupied Star Classic Owner
    Occupied Variable Rate
    Star Choice Owner Occupied Variable Rate Star Classic Owner Occupied Fixed Rate Star Classic Owner Occupied
    Construction
    Principal & Interest Principal & Interest Principal & Interest Interest Only Principal & Interest 1 Year P&I 2 Years P&I 3 Years P&I
    Rate (80% LVR)
    except Star Gold
    5.98%p.a. 6.25%p.a. 6.35%p.a. 6.75%p.a. 6.25%p.a. 6.95%p.a. 6.95%p.a. 6.95%p.a. 6.95%p.a.
    Comparison Rate 5.98%p.a. 6.28%p.a. 6.38%p.a. 6.83%p.a. 6.28%p.a. 6.79%p.a. 6.85%p.a. 6.90%p.a. 6.37%p.a.
    Variable  
    Term 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years
    Interest Only Period 5 Years 5 Years
    Maximum Loan Amount
    (Single Security)*
    $1,000,000 $2,000,000 $2,000,000 $2,000,000 $1,000,000 $2,000,000 $2,000,000 $2,000,000 $1,250,000
    Maximum
    Loan-to-Value Ratio
    70% 80% 90% 90% 90% 90% 90% 90% 80%
    Accepts Weekly/Fortnightly/
    Monthly Payments
    Monthly Only
    LMI Applicable Above 80% only Above 80% only Above 80% Only Above 80% Only Above 80% Only
    Available for:                  
    Home Purchase
    Home Refinance
    Construction
    Features:                  
    Internet Banking
    BPAY
    Debit Card Optional Extra
    Rate May Differ
    Free Loan Splits 4 4 4 4 4 4 4 4 4
    Redraw Max $20,000 p.a. Max $20,000 p.a. Max $20,000 p.a.
    Offset Account Optional Extra
    Rate May Differ
    Max $20,000 p.a. Max $20,000 p.a. Max $20,000 p.a.
      Read more Read more Read more Read more Read more Read more Read more

    *Loan borrowing amounts, Loan-to-Value Ratio and Rates are subject to terms, conditions, eligibility criteria and final credit assessment.

    Rates + fees

    Fees Star Gold Owner Occupied All Other Products
    (Variable Rate)
    Star Classic Fixed
    (
    1 - 3 years)
    Star Classic
    Owner Occupied
    Construction
    Principal & Interest Principal & Interest Principal & Interest
    Application Fee $0 $0 $0 Refer to the fees located on the Construction page
    Annual / Monthly Fee $0 $0 $0
    Valuation Fee (per property up to $1m) $0 $0 $0
    Legal Preparation Fee $0 $0 $0
    Fixed Rate Lock
    in Fee (optional)
    $0 $0 $4953,4
    Settlement Fees $0 $3953,4 $3953,4
    PEXA Fee $66.333,4 $66.333,4 $66.333,4
    Government Charges At Cost3,4 At Cost3,4 At Cost3,4
    Disbursements (including title search fees) $1503,4 $1503,4 $1503,4
    Discharge Fee $5955 $5955 $5955

    Home loan comparison table

    Product Name Star Classic
    Investment Variable Rate
    Star Classic
    Investment Fixed Rate
    Star Classic
    Owner Occupied
    Construction
    Principal & Interest Interest Only 1 Year
    Principal & Interest
    2 Year
    Principal & Interest
    3 Year
    Principal & Interest
    Rate (80% LVR) 6.55%p.a. 6.95%p.a. 7.35%p.a. 7.35%p.a. 7.35%p.a. 7.15%p.a.
    Comparison Rate 6.58%p.a. 7.03%p.a. 7.01%p.a. 7.09%p.a. 7.16%p.a. 6.54%p.a.
    Variable
    Term 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years
    Interest Only Period 5 Years 5 Years
    Maximum Loan Amount
    (Single Security)*
    $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $1,250,000
    Maximum Loan-to-Value Ratio 90% 90% 90% 90% 90% 80%
    Accepts Weekly/Fortnightly/Monthly Payments Monthly Only
    Available for:            
    Home Purchase
    Home Refinance
    Construction
    Features:            
    Internet Banking
    BPAY
    Debit Card
    Free Loan Splits 4 4 4 4 4 4
    Redraw Max $20,000 p.a. Max $20,000 p.a. Max $20,000 p.a.
    Offset Account Max $20,000 p.a. Max $20,000 p.a. Max $20,000 p.a.
      Read more Read more Read more

    *Loan borrowing amounts, Loan-to-Value Ratio and Rates are subject to terms, conditions, eligibility criteria and final credit assessment.

    Rates + fees

    Fees Star Classic
    Investment Variable Rate
    Star Classic
    Investment Fixed Rate
    Star Classic
    Owner Occupied
    Construction
    Principal & Interest Principal & Interest
    Application Fee $0 $0 Refer to the fees located on the Construction page
    Annual / Monthly Account Fee $0 $0
    Valuation Fee (the minimum cost will be covered, any additional expenses incurred due to travel or properties greater than $1m in value may incur a fee) $0 $0
    Legal Preparation Fee $0 $0
    Fixed Rate Lock in Fee (optional) $0 $4953,4
    Settlement fee $3953,4 $3953,4
    PEXA Fee $66.333,4 $66.333,4
    Government Charges At Cost3,4 At Cost3,4
    Disbursements (including title search fees) $1503,4 $1503,4
    Discharge Fee $5955 $5955

    We're an award winning lender

    Homestar Finance has been providing Australians with competitive and customer-focused home loan solutions.

    Our dedicated team of loan specialists take the time to get to know you so we can offer every one of our customers personalised service – making it easy to find a home loan that’s right for you.

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    Mozo Experts Choice Award 2023

    Investor Home Loan

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    Canstar Outstanding Value Home Loan Awards 2022

    Home Lender

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    Canstar Outstanding Value Home Loan Awards 2021

    Variable Home Lender

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    Canstar Outstanding Value Home Loan Awards 2022

    Variable Home Lender

    award icon
    Canstar Outstanding Value Home Loan Awards 2021

    Investment Variable Home Lender

    award icon
    Canstar Outstanding Value Home Loan Awards 2022

    Investment Variable Home Lender

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    Deciding between a variable or fixed rate, try the split loan repayments calculator to help you decide

    Split loan repayments

    Maximise your savings and select the right home loan using our home loan calculators

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    Are you ready to save on your home loan?

    We've made it easy

    number 1

    Let’s talk

    Simply fill in an online form or call us to get your home loan journey started! We’ll support you through the process from start to settlement.

    number 2

    Find out how much $ you qualify for

    Based on your home loan needs, our team will work with you to determine how much you can qualify for.  Then you can shop around for a property with confidence knowing how much you can afford! 

    number 3

    One-on-one chat

    After liaising with one of agents and booking an appointment, a Loan Specialist will go through specific requirements for your home loan, and work out which option is best for you. This is where we’ll also share with you what documents are needed, and completed the identification process. 

    number 4

    Processing

    Once you’ve submitted all your documents, you can leave the rest of us.  Our team will do the ID checks,  the credit checks, and will organise the property valuation…packaging your home loan application for approval. 

    number 5

    Submission

    Your home loan application will be sent for final approval. 

    number 6

    Settlement

    Our team will liaise directly with you and any intermediaries to ensure a smooth settlement of your home loan. Enjoy your savings! 

    Get pre-approval for your home loan

    Your home loan pre-approval application can be done completely online via our form with no paperwork involved! The form takes only 5 minutes to complete, and you can save your progress and finish at any time.

    Apply now

    Explore our library of articles related to your property and investment journey

    Understanding your home loan

    What do I need to know before applying?

    All you need to begin your application online are details of your income, current credit obligations (like personal loans and car loans), available credit limits (from credit cards, store cards and interest fee accounts) and the amount you are looking to borrow.

    Can I apply for a Homestar Finance home loan face-to-face with a lending specialist?

    In general, we do not offer face-to-face appointments because this would significantly add to the cost of providing you with your loan. We would need to pass this cost on to you in the form of higher interest rates or fees – which we really do not want to do! Our Lending Specialists use great loan processing technology so that we can do all the things that you would typically expect in a face-to-face loan application process by phone- and we can do it in a fraction of the time that a face-to- face meeting would take.

    What is Lenders Mortgage Insurance (LMI)?

    Lenders Mortgage Insurance (LMI) is insurance that protects the lender in the event the borrower defaults and the security property is sold and the funds from the proceeds of the sale are not enough to discharge the loan. The LMI then pays the Lender the shortfall.  The rights to recover the shortfall from all of the parties on the loan (borrowers) are then transferred across to the LMI who will pursue the shortfall. The cost of LMI insurance is a one off payment at the start of the loan. It is usually added to the loan amount and should not be confused with Building Insurance or Income Protection Insurance

    What is a comparison rate?

    A comparison rate is a legislated calculation which gives consumers an idea of the actual cost of the loan, as it includes the interest rate and the standard fees applicable to that loan. It avoids consumers being misled by lenders advertising a lower interest rate, but charging high fees to compensate for the low rate.

    1 Rates shown apply to new eligible Owner Occupieda or Investmentb home loans only, up to 80% LVR, loan amounts up to $2,000,000 and at least one applicant is on PAYG employment. Rates are subject to change without notice. Existing borrowers may have different interest rates which are dependent on the rate offered to the borrower at the date when a home loan settled and any reductions or increases the lender decided to make on the existing loan over time. Accordingly, there is not one standard variable rate that applies to all Homestar Finance home loans and existing customers can confirm their current rate(s) by logging in to internet banking or by contacting customer service. Terms, conditions, and eligibility criteria apply.

    2 Comparison rates are based on a basic Homestar Finance 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.

    3Third party cost(s) incurred by service provider(s) are payable and may vary or increase depending on the service provider, nature of the service and request. Any additional cost(s) are passed on directly to the applicants(s). If there is a variation or an increase, a separate quote will be provided.

    4Disbursements payable.

    5Discharge fee is waived if loan reaches full term as per the loan agreement.

    Other fees and charges may apply.

    DISCLAIMER: Terms, conditions and eligibility criteria apply to all our loan products and features. Fees, charges and disbursements are payable. Final approval is subject to credit assessment. Information valid as at 15th November 2023 which is subject to change without notice. Please consider if the product is appropriate for your individual circumstances. If you need assistance or have any questions about a product or feature and its suitability, please contact our Loan Specialists.

    Registered to BPAY Pty Ltd ABN 69 079 137 518