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  • Westpac Flexi First Option Home Loan

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    home loans

    • 6.44%variable

    • 6.49%

    • $0.00

    • $600

    Rates

    Variable rate
    6.44%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.49%
    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
    $600.00
    Legal fee
    $
    Valuation fee
    $
    Settlement fee
    $
    Other upfront fee (% of loan)
    none
    Service fee
    $0.00
    Discharge fee
    $150.00
    Early Exit Fee after 1 year assuming $300,000 loan
    $0

    Features

    Repayment Frequency
    Weekly, Fortnightly, Monthly
    Extra repayments
    yes - free
    Repayment holidays
    yes
    Redraw facility
    yes - cost is $25 per redraw
    Minimum redraw amount
    $
    Split account
    yes
    Offset account
    n/a
    Other restrictions
    none
    Other benefits
    none

    Other financial bits

    Minimum loan amount
    $25,000.00
    Maximum loan amount
    $

    About Westpac

    As Australia’s first bank, Westpac has been serving customers since 1817! Now that Westpac has merged with St George to create Australia’s largest financial services company. Westpac customers will benefit from things like being able to use both banks’ ATM networks without paying any extra fees. So if you’re after the security offered by a major bank, check out Westpac’s range of banking products such as savings accounts, home loans, personal loans, credit cards and other financial services such as its car and home and contents insurance.

    How are Westpac home loans rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    Westpac home loans 6.2 Based on 406
    Westpac home loan reviews
    5.7 5.8 6.4 7.6 6.2

    Read Westpac home loan reviews by the Mozo community

    Latest reviews of Westpac Flexi First Option Home Loan

      • Westpac Flexi First Option Home Loan *

        • 6.44%

          variable rate

        • 6.49%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Great Service and products easy to use loan

          1. Overall customer rating
          2. (Reviewed 16 days ago)

        westpac was under bad review a few years ago, they have upped their anti and we get calls every few months asking if everything is ok can they help us in any way every time. If a rate rise is imminent they send us a letter immediately, online is s...       Full review 

        westpac was under bad review a few years ago, they have upped their anti and we get calls every few months asking if everything is ok can they help us in any way every time. If a rate rise is imminent they send us a letter immediately, online is so easy to manage including mortgage withdrawal available immediately. i have recently been advised to claim on mortgage insurance by the lady who granted our loan and called us as i have just had breast cancer. Great service and easy to use products, bankinking online and our local branch are fabulous as are the phone team. GREAT


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Flexi First Option Home Loan home loan review by Esther from New South Wales

        Was this review helpful?

        Yes
      • Westpac Flexi First Option Home Loan *

        • 6.44%

          variable rate

        • 6.49%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        Excellent product and services that suit all our n

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

        They are very helpful with any problems we have had in the past especially when we got behind. The redraw facility has also been helpful in the past.       Full review 

        They are very helpful with any problems we have had in the past especially when we got behind. The redraw facility has also been helpful in the past.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Flexi First Option Home Loan home loan review by Michael from New South Wales

        Was this review helpful?

        Yes
      • Westpac Flexi First Option Home Loan *

        • 6.44%

          variable rate

        • 6.49%

          comparison rate

        Westpac Rocket Repay Home Loan *

        • 7.09%

          variable rate

        • 7.22%

          comparison rate

        * Fees and charges are payable

        Show Rates

        The highest interest rate on the market

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

        Westpac now has the highest intrest rate, so I am refinancing. Plus the way they teated the staff was terrible, after sacking them and bringing in foreigners, just so they can pay a lower wage. Not to mention when you ring you can't understand a t...       Full review 

        Westpac now has the highest intrest rate, so I am refinancing. Plus the way they teated the staff was terrible, after sacking them and bringing in foreigners, just so they can pay a lower wage. Not to mention when you ring you can't understand a thing they are saying, which I think is a ploy to stop customers ringing.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Westpac Flexi First Option Home Loan home loan review by Stephen from Victoria

        1 person found this review helpful – do you?

        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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