Bankwest Mortgage Shredder

The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $20,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $20,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $20,000 with an LVR below 80%

Choose the version of loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $20,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $20,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $20,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $20,000

5.42% p.a.

5.44% p.a.

$0.00

Bankwest Mortgage Shredder

5.42% p.a.

5.44% p.a.

$0.00

5.77% p.a.

5.82% p.a.

$0.00

Bankwest Mortgage Shredder

5.77% p.a.

5.82% p.a.

$0.00

6.07% p.a.

6.09% p.a.

$0.00

Bankwest Mortgage Shredder

6.07% p.a.

6.09% p.a.

$0.00

6.32% p.a.

6.37% p.a.

$0.00

Bankwest Mortgage Shredder

6.32% p.a.

6.37% p.a.

$0.00

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.42% p.a.

  • n/a

  • 0 Months

  • none

  • 5.44% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $695.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $338.20

Other financial bits
  • $20,000

  • none

  • none

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $0.00

  • no

  • yes - optional, $10 per month

  • none

  • none

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.77% p.a.

  • n/a

  • 0 Months

  • none

  • 5.82% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $695.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $338.20

Other financial bits
  • $20,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • none

  • yes - free

  • $0.00

  • no

  • yes - optional, $10 per month

  • none

  • none

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 6.07% p.a.

  • n/a

  • 0 Months

  • none

  • 6.09% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $695.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $338.20

Other financial bits
  • $20,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $0.00

  • no

  • yes - optional, $10 per month

  • none

  • none

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 6.32% p.a.

  • n/a

  • 0 Months

  • none

  • 6.37% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $695.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $338.20

Other financial bits
  • $20,000

  • none

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • none

  • yes - free

  • $0.00

  • no

  • yes - optional, $10 per month

  • none

  • none

Customer Reviews

How are Bankwest home loans rated by the Mozo community?

Overall customer rating
7.1/10
Price
7.1/10
Features
6.6/10
Customer service
7.1/10
Convenience
7.2/10
Trust
6.9/10

Latest reviews of Bankwest Mortgage Shredder

  • Overall
    6/10
    Most likely wouldn't use Bankwest again.

    I payed my loan back fortnightly and always on time so I found Bank West easy to get along with...

    I payed my loan back fortnightly and always on time so I found Bank West easy to get along with as far as my mortgage payments went

    Price
    6/10
    Features
    1/10
    Customer service
    6/10
    Convenience
    1/10
    Trust
    5/10

    Marie | New South Wales

    reviewed 9 months ago

  • Overall
    6/10
    Good rates but be vigilant!!

    I'm generally happy with Bankwest, though I've taken off points because they raised my interest...

    I'm generally happy with Bankwest, though I've taken off points because they raised my interest rate twice, by a total of over 1%, over the course of 2 weeks. I called them and they were happy to move me to a better product that had a lower interest rate than I was originally paying as long as I filled out some forms and mailed them back. Their rates are good but be vigilant, and know that it's worth making a call if you're unhappy with your rates.

    Price
    6/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    7/10
    Trust
    6/10

    Cass | Victoria

    reviewed over 2 years ago

  • Overall
    5/10
    I am very disappointed with the support

    Bankwest used to be great. Excellent rates, great product options, helpful staff. But since I've...

    Bankwest used to be great. Excellent rates, great product options, helpful staff. But since I've been experiencing financial difficulties they have been less than helpful. One lady in the financial hardship team told me that if I couldn't afford my house I should just sell it. She was very cold and offered no alternative solutions such as a product change or rate reduction.

    Price
    5/10
    Features
    9/10
    Customer service
    3/10
    Convenience
    3/10
    Trust
    4/10

    Karlie | Victoria

    reviewed over 2 years ago

  • Overall
    1/10
    Very high interest rate compared to their others

    Our home loan automatically reverted to this type of loan when our loan came out of its fixed...

    Our home loan automatically reverted to this type of loan when our loan came out of its fixed period despite us being on a different type before fixing. It is their highest interest rate loan.

    Price
    1/10
    Features
    3/10
    Customer service
    1/10
    Convenience
    5/10
    Trust
    0/10

    Anita | Western Australia

    reviewed over 2 years ago

  • Overall
    8/10
    Great customers service

    Great customer service, friendly and helpful. We are customers of this bank for 10 years and had...

    Great customer service, friendly and helpful. We are customers of this bank for 10 years and had no problems, rates are competitive, products are explained properly.

    Price
    9/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    7/10

    Mira | Western Australia

    reviewed almost 3 years ago

Bankwest

About Bankwest

Bankwest is the bank best known for Making Banking Easier, an 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 Hero Saver. 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 Making Banking Easier, check out Bankwest's range of personal banking products including savings accounts, bank accounts, credit cards, home loans and more.

See Bankwest home loans

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.