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Westpac Equity Access

Rate
5.96% p.a.
Comparison Rate*
n/a
Service fee
$10.00 monthly
Upfront fee
$600

Details

Rates and fees information correct as at 14 August 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 5.96% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits
  • $25,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier, Investor

  • No set repayments

  • No set repayments

  • n/a

  • yes

  • n/a

  • none

  • yes

  • no

  • none

  • none

  • none

*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.

Customer Reviews

How are Westpac home loans rated by the Mozo community?

Overall customer rating
6.7/10
Price
6.2/10
Features
6.4/10
Customer service
6.9/10
Convenience
7.6/10
Trust
6.6/10

Latest reviews of Westpac Equity Access

  • Overall 4/10
    Not at all helpful

    We tried to get a better interest rate. We were told conflicting stories. The loans manager we spoke to appeared highly incompetent.

    Read full review

    We tried to get a better interest rate. We were told conflicting stories. The loans manager we spoke to appeared highly incompetent.

    Price
    4/10
    Features
    7/10
    Customer service
    5/10
    Convenience
    7/10
    Trust
    5/10
    Less
    Kaylene, Queensland reviewed 4 months ago
  • Overall 8/10
    Equity loan.

    They shut down our local branch.

    Read full review

    They shut down our local branch.

    Price
    7/10
    Features
    4/10
    Customer service
    5/10
    Convenience
    4/10
    Trust
    6/10
    Less
    Daniel, Tasmania reviewed 8 months ago
  • Overall 8/10
    Excellent service

    Westpac have always managed our personal and business banking in a professional manner.

    Read full review

    Westpac have always managed our personal and business banking in a professional manner.

    Price
    8/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -
    Less
    Pam, Western Australia reviewed over 3 years ago
  • Overall 6/10
    High interest on this loan.

    High interest.

    Read full review

    High interest.

    Price
    4/10
    Features
    7/10
    Customer service
    5/10
    Convenience
    9/10
    Trust
    6/10
    Less
    Ron, New South Wales reviewed over 4 years ago
  • Overall 5/10
    No customer service and they are not competitive

    They do not look at your accounts and notify you of what would work better for you. They use to contact me years ago and I felt I was receiving a good service now I feel they could not care less about me as a customer

    Read full review

    They do not look at your accounts and notify you of what would work better for you. They use to contact me years ago and I felt I was receiving a good service now I feel they could not care less about me as a customer

    Price
    4/10
    Features
    4/10
    Customer service
    4/10
    Convenience
    9/10
    Trust
    2/10
    Less
    Denise, Victoria reviewed over 4 years ago
Westpac

About Westpac

As Australia's first bank, Westpac has been serving customers since 1817. Westpac merged with St.George to create Australia's largest financial services company, and customers can enjoy from peace of mind from having the security offered by a major bank behind them. 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.

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*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.