Fees

Fee Matrix for Residential Mortgage Loans

• Product
• Switch/Conversion Fees
• Additional Costs
• Administration Fees
• Service Fees
• Home Loan Discharge Fees
• Arrears Fees

Switch/Conversion Fees
Repayment Pause (switch) fee	$500
Switching from an Essential Home Loan to a Basic Home Loan (without an increase)	$500
Conversion to a Portfolio Loan	$500 + break costs (if applicable)
Introductory Loans taken up through the Advantage Package automatically rolling over into the Advantage Package variable rate interest rate discount at the maturity of the introductory period.	$500
Standard fixed rate loans (not Portfolio) taken up through the Advantage Package after 12 November 2007 automatically rolling over into the Advantage Package variable rate interest rate discount at the maturity of the fixed rate period.	Nil
Conversion to a different interest rate or home loan type (excluding Portfolio Loan)	$500 + break costs (if applicable)
Repayment pause (switch) fee	$500
Increase and conversion to a Portfolio Loan (processed together)	$500 + break costs (if applicable)
Increase and conversion to a different interest rate or home loan type (excluding Portfolio Loan) (processed together)	$500 + break costs (if applicable)
The following conversion/switch fees are applicable to loans approved from 16 March 2003 to 23 December 2006 as Introductory Fixed or Introductory Discount Variable: when converting the loan, within 3 years of the settlement date, to a Basic Home Loan, Negotiated Variable or Fixed Rate Home Loan or Portfolio Loan on which at least one sub-account has a negotiated variable rate or a negotiated fixed rate.	$1,000 plus break costs
The following conversion/switch fees are applicable to loans approved from 16 March 2003 as Interest Subsidy Loans: when converting the loan, within 3 years of the settlement date, to a Basic Home Loan, Negotiated Variable or Fixed Rate Home Loan or Portfolio Loan on which at least one sub-account has a negotiated variable rate or a negotiated fixed rate.	$1,000 plus break costs

Additional Costs
Rate Lock Fee	0.15% of the loan amount or $500, whichever is the higher
Split Loan Fee This fee is only charged to loans approved from 2 November 2003. It is payable when: More than one sequence is established for any new loan, e.g. for a flexible choice loan with 3 sequences, the fee will be charged to the last 2 sequences separately. For further loans, if the customer requests more than one additional sequence (e.g. Flexible Choice). This fee is not payable for loans within the Advantage Package The fee will always be "deduct at settlement".	$150
Valuation fee for new loans	$0 (valuers travelling allowance may be payable)
Valuer’s Travelling Allowance (round trip from valuer’s place of business)	Up to 149km - $Nil 150 km -499km - $15.38/35kms to $153.75 max Over 500kms - $153.75 plus $20.50/50kms
Guarantee Fee	$205 per guarantee
Trustee Fee	$205 per trustee
Priority Agreement Fee (a prior mortgage from another institution)	$102.50 per agreement
Additional Security Fee	$100
Building Inspection Fee - Contract Builder	$102.50 (Final Inspection)
Building Inspection Fee - Owner Builder	$410 (4 @ $102.50 each)
Settlement Processing Fee	$100
Progress Payment Administration Fee (Contract Builders)	$250
Progress Payment Administration Fee (Owner Builders)	$350
Additional Progress Payment Fee – Owner Builders Payable for each additional advance after the first 6 advances	$50

Administration Fees
St.George Basic Home Loan	Nil per month
Seniors Access Home Loan	$10 per month
Seniors Access Plus Home Loan	$15 per month
Low Doc Home Loan	$12 per month
Low Doc Portfolio Home Loan
No Deposit Home Loan	$12 per month
Super Fund Home Loan	$12 per month
Mortgage Equaliser Service Fee	$5 per month
Portfolio
All other mortgage products	$10 per month

Service Fees
Redraw	$0 per request (electronic) for a packaged home loan, a Basic Home Loan, an Essential Home Loan and a Great Australian Home Loan $50 per request (manual) for a Basic Home Loan, a No Deposit Home Loan, an Essential Home Loan and a Great Australian Home Loan For all other eligible loans: $25 per request (Manual) $10 per request (electronic)
Substitution of security	$500 ** (discharge fee also payable)
Consent to subdivision, leases, easements etc	$350 (production fee may be payable)
Renegotiation Fee	$500
Second mortgage Consent	$100
Production of certificate of title fee	$100
Unused Facility Fee	Nil
Interest in Advance Fee	$150
Mortgage Equaliser Facility Fee	Nil
Change In Title Ownership	New loan to be processed and applicable fee charged
Bank Cheques from home loan proceeds	$10 per cheque
Photocopy of Loan Documents	$10
Duplicate or Interim Home Loan Statement	$10
Copy of Withdrawal or Deposit Form	$10.50
Copy of Personal or Bank Cheque	$16
Safe Custody of Title Deeds	$30 (Inclusive of GST)
Customer Requested Interest Recalculations	$30 per recalculation
** Does not include the cost of a valuation

Home Loan Discharge Fees
Discharge of Mortgage Fee	$500
Partial Discharge Assessment Fee	$150
Valuations (fee payable is dependent on location/value of security property(s)	$164
- External property inspection	$92.25
- Electronic Property market Value Estimate	$10.25
- Property Market Value Assessment	$71.75
Break Costs	Payable on early payout of fixed rate loan
Early Termination Fee - payable when an introductory rate loan approved after 1 March 2008 is discharged before the fourth anniversary of the settlement date.	0.9% of the loan balance on the day of discharge
Early Termination Fee - payable when an introductory rate loan approved from 16 March 2003 until 1 March 2008 is discharged before the third anniversary of the settlement date.	0.9% of the loan balance on the day of discharge
Early Termination Fee - payable when an Interest Subsidy approved after 16 March 2003 is discharged before the third anniversary of the settlement date.	1.5% of the loan balance on the day of discharge
Early Termination Fee - payable when a No Deposit approved after 16 March 2003 up to 26 November 2006 is discharged before the third anniversary of the settlement date.	1.5% of the loan balance on the day of discharge
Early Termination Fee - payable when a No Deposit Loan (LEF option) is applied for after 26 November 2007 is discharged before the third anniversary of the settlement date.	1.5% of the loan balance on the day of discharge
Early Termination Fee - payable when a No Deposit Loan (Quick Start) is discharged before the Fourth anniversary of the settlement date.	1.75% of the loan balance on the day of discharge
Early Termination Fee - payable when a No Deposit Loan (Flexible Deposit option) is applied for after 26 November 2007 is discharged before the fourth anniversary of the settlement date.	1.75% of the loan balance on the day of discharge
Early Termination Fee - payable when a Super Fund Home Loan is discharged before the fourth anniversary of the settlement date.	1.75% of the loan balance on the day of discharge
Early Repayment Fee - payable on a loan where the interest rate is a negotiated variable rate or a negotiated fixed rate entered into on or after 20 February 2006, and the loan is repaid in full within 3 years of the start of the negotiated rate (not applicable to Portfolio Loans)	$1,000 plus break costs if payable
Loan Discharge Fee - Portfolio Loans. Payable when a customer takes up a discounted rate offer and discharges the loan within 3 years of settlement and Low Doc Portfolio Loans.	$1,000
Fixed Rate Prepayment Fee - Payable on loans (excluding portfolio loans) approved from 22 February 2004 that are discharged within the fixed rate term. This fee is additional to any breakcosts, ETF or discharge fee payable.	$150
Discharge settlement processing fee – Payable on loans approved from 2 March 2008 that are discharged and refinanced to another financial institution.	$100
Basic Homeloan	An early repayment fee of $1000 will be charged if the loan is discharged within the first 3 years.

Arrears Fees
Arrears Letter fee	$50

Note: All the fees and charges quoted in this matrix are bank fees and charges and do not include government charges such as stamp duty, registration fees, search fees or any other disbursements.

N.B. For detailed schedule of fees applicable to Portfolio Loans, refer Portfolio Loan Fee Matrix

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