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  • Bankwest Mortgage Shredder Variable Introductory Rate

    Compare other
    home loans

    • 6.98%variable

    • 6.93%

    • $0.00

    • $695

    Rates

    Variable rate
    6.98%
    Intro rate
    5.98%
    Intro rate term
    12 Months
    Intro rate type
    Variable
    Comparison Rate*
    6.93%
    Fixed 1 year rate
    none
    Fixed 2 year rate
    none
    Fixed 3 year rate
    none
    Fixed 4 year rate
    none
    Fixed 5 year rate
    none
    Fixed 7 year rate
    none
    Fixed 10 year rate
    none
    Fixed loan revert rate
    none

    Fees

    Application fee
    $695.00
    Legal fee
    $
    Valuation fee
    $
    Settlement fee
    $
    Other upfront fee (% of loan)
    none
    Service fee
    $0.00
    Discharge fee
    $0.00
    Early Exit Fee after 1 year assuming $300,000 loan
    $0

    Features

    Repayment Frequency
    Weekly, Fortnightly, Monthly
    Extra repayments
    yes - free
    Repayment holidays
    none
    Redraw facility
    yes, free
    Minimum redraw amount
    $1,000.00
    Split account
    no
    Offset account
    yes
    Other restrictions
    Offset account is available for $15 monthly fee.
    Other benefits
    1% p.a. discount on the variable Mortgage Shredder Reference Rate for the first year of the loan. Available for new borrowings only.

    Other financial bits

    Minimum loan amount
    $20,000.00
    Maximum loan amount
    $

    About Bankwest

    BankWest is the bank best known for its Happy Banking initiative, which aims to make banking a more positive experience. Originally from Western Australia, BankWest has attracted thousands of customers around the country with its competitively priced products such as the TeleNet Saveraccount. In late 2008 the bank was bought by the Commonwealth Bank, who have promised to retain the BankWest brand. So if you like the sound of Happy Banking, check out BankWest's range of personal banking products including savings accounts, bank accounts, credit cards, home loans and more.

    How are Bankwest home loans rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    Bankwest home loans 6.9 Based on 170
    Bankwest home loan reviews
    7.0 6.3 6.7 7.0 6.5

    Read Bankwest home loan reviews by the Mozo community

    Latest reviews of Bankwest Mortgage Shredder Variable Introductory Rate

      • Bankwest Mortgage Shredder Variable Introductory Rate *

        • 6.98%

          variable rate

        • 5.98%

          intro rate

        Bankwest Fixed Loan *

        • 6.39%

          fixed 1 year rate

        • 6.97%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Ugh! Banks give hardworking people a go

          1. Overall customer rating
          2. (Reviewed 2 months ago)

        The Banks are greedy organisations that suck the blood out of hard working people. They have no morals or respect for the people that have no choice but to be with an institution of their kind. They are all the same in the long run, they just ...       Full review 

        The Banks are greedy organisations that suck the blood out of hard working people. They have no morals or respect for the people that have no choice but to be with an institution of their kind. They are all the same in the long run, they just make it sound better or different and the whole issue of who to go to becomes, totally confusing  Not everyone has time to sit and try and go through all the garbage that they give you which must also cost a fortune to produce and who pays for all their crap - the hardworking person who has to deal with these banks!


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Bankwest Mortgage Shredder Variable Introductory Rate home loan review by Anne from Victoria

        Was this review helpful?

        Yes
      • Bankwest Mortgage Shredder Variable Introductory Rate *

        • 6.98%

          variable rate

        • 5.98%

          intro rate

        Bankwest Fixed Loan *

        • 6.39%

          fixed 1 year rate

        • 6.97%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Reasonable interest rate

          1. Overall customer rating
          2. (Reviewed 2 months ago)

        Mortgage Shredder is a good plan with a reasonable interest rate.       Full review 

        Mortgage Shredder is a good plan with a reasonable interest rate.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Bankwest Mortgage Shredder Variable Introductory Rate home loan review by a Mozo reviewer from Victoria

        Was this review helpful?

        Yes

    *The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan, based on the loan amount and loan term you entered. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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