We’ll help you keep your money where it belongs— in your pocket, not the banks. Discover our straightforward strategies to pay off your home loan more quickly.
Now, you have the power to manage your loan rate directly. Why wait for your lender to adjust it when you can make changes yourself?
Our innovative AcceleRATES feature allows you to lower your variable rate based on your loan-to-value ratio (LVR) tiers. The more principal you pay down on your home loan, the better your rate.
Experience this unique offering that sets us apart from other lenders! Discover more about how AcceleRATES can benefit you.
The shorter your loan, the less interest you’ll pay—it’s that straightforward. Banks often lock you into lengthy 30-year loans, hoping you’ll refinance every few years. This can lead to starting over just as you’re making progress.
When refinancing, opt for a term that reflects the remaining years or even shorter. At Credit Star, you choose your loan term. Remember, a shorter term means higher monthly repayments but results in paying off your loan faster with less interest.
Connect with our Aussie loan experts to explore flexible repayment options when you refinance with us.
With Credit Star’s Redraw or Offset features, you can save years off your loan while keeping your savings flexible. Each deposit reduces your loan balance, helping you save on interest and pay off your principal faster.
Instead of leaving $100k in a savings account earning less interest, deposit it into our Redraw or Offset feature at a higher rate, saving you thousands more without the tax hit. Plus, we charge no fees for transfers in or out!
Unlike other lenders, Credit Star helps you stay ahead by splitting your monthly repayment into two for fortnightly or four for weekly payments. This method ensures you make the equivalent of 13 monthly payments in a year, putting you ahead faster. The extra repayment goes directly into your redraw or offset, which you can access whenever you need—giving you more control and saving on interest.
Even modest extra repayments can significantly reduce your mortgage. For example, contributing an extra $50 per fortnight on a $400k loan at our lowest rate can trim about 5 years and 6 months off your loan term, saving you around $118K in interest. It’s a smart way to pay off your mortgage faster while freeing up funds for other parts of your budget. Every little bit counts!
CREDIT REPRESENTATIVE 506564
BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237)
Have questions or need help with your application? Our Aussie Loan Experts are ready to assist.
Weekdays 9am – 5pm AET
With AcceleRATES, we’ll reduce your rate as you pay down your Straight Up or Power Up home loan.
At Credit Star, we ensure both new and existing customers enjoy the same competitive rates for comparable loans with our Automatic Rate Match.
Our Straight Up and Power Up loans come with absolutely no Credit Star fees!
