Having just made an offer on what could be IP3, and wanting to stay on variable rates + potentially a new lender (don't wanna go into 7 figures debt with my existing lender), the new St George Advantage offer (http://www.stgeorge.com.au/promos/yourhome/home-loan-variable.html) is looking ok to me:
- 1.1% off for 12 months -- a bit of risk hedging just in case if we have a rate rise or two in next year
- then ongong discount of 0.7% (I'll be borrowing 400k) -- which seems better than other big 4 at the moment
Are there any catches with this product / offer from St George?
Also, I can't find any deferred establishment / early exit fees for this product/offer on their site. Anyone happen to know what they are?
- 1.1% off for 12 months -- a bit of risk hedging just in case if we have a rate rise or two in next year
- then ongong discount of 0.7% (I'll be borrowing 400k) -- which seems better than other big 4 at the moment
Are there any catches with this product / offer from St George?
Also, I can't find any deferred establishment / early exit fees for this product/offer on their site. Anyone happen to know what they are?