The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 70%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan of at least $150,000 with an LVR below 70%
The details shown below are for an owner occupier taking out a interest only loan of at least $150,000 with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 70% | $150,000 | |
| | Owner Occupier | Principal & Interest | 70%-95% | $150,000 | |
| | Owner Occupier | Interest Only | < 70% | $150,000 | |
| | Owner Occupier | Interest Only | 70%-80% | $150,000 |
Owner Occupier (Principal & Interest)
LVR < 70%
Loan: $150,000
Owner Occupier (Principal & Interest)
LVR 70%-95%
Loan: $150,000
Owner Occupier (Interest Only)
LVR < 70%
Loan: $150,000
Owner Occupier (Interest Only)
LVR 70%-80%
Loan: $150,000
There’s a lot to like about the Westpac Fixed Options Premier Advantage Package, starting with the super low 2.09% p.a. fixed rate (3.50% p.a. comparison rate*) which is available on 2-year terms. On top of that, there are a few extra features to help make the road to home ownership as smooth as possible, including the ability to make free extra repayments (up to $30,000 over the term) and split your loan between a variable and fixed rate.
Westpac’s Premier Advantage Package lets borrowers lock in a rate for one to five years, with interest rates as low as 2.09% p.a. (3.50% p.a. comparison rate*) available on 2-year terms. You’ll be able to make repayments weekly, fortnightly or monthly, and extra repayments are free up to $30,000 over the fixed rate period.
Refinancers may also be eligible for the $3,000 cashback offer on loans of at least $250,000 or more (<90% LVR) which are switched over to Westpac. Just keep in mind you’ll have to apply by 30 November, 2021 and have your application settled by 28 February, 2022.
The Premier Advantage Package from Westpac could be a good fit for those who prefer certainty in their repayments and want to take advantage of some rock-bottom interest rates. There are also some generous perks available to eligible refinancers, though conditions apply.
While there are no upfront fees, a $395 service fee is charged annually. Keep in mind that there is also a $350 discharge fee.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 1.99% (3.50%*) | |
| 1.99% (3.41%*) | |
| 2.08% (3.33%*) | |
| 2.59% (3.42%*) | |
| 2.89% (3.49%*) | |
| n/a | |
| n/a | |
| 3.19% p.a. |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $395.00 yearly | |
| $350.00 |
| $150,000 | |
| none | |
| none | |
| 70.00% |
| Weekly, Fortnightly, Monthly | |
| yes - free | |
| yes | |
| yes - free | |
| none | |
| yes | |
| no | |
| none | |
| Package includes $0 monthly fees on transaction account, fee waivers on selected credit cards and discounted insurance products. | |
| Receive $3,000 refinance cashback, min $250k loan and LVR <90% with a Flexi First Option loan or a Premier Advantage Package (excludes refinances from Westpac Group), apply by 30 November 2021 and settle by 28 February 2022. |
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.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 2.09% (3.59%*) | |
| 2.09% (3.50%*) | |
| 2.18% (3.42%*) | |
| 2.69% (3.51%*) | |
| 2.99% (3.58%*) | |
| n/a | |
| n/a | |
| 3.29% p.a. |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $395.00 yearly | |
| $350.00 |
| $150,000 | |
| none | |
| 70.00% | |
| 95.00% |
| Weekly, Fortnightly, Monthly | |
| yes - free | |
| yes | |
| yes - free | |
| none | |
| yes | |
| no | |
| none | |
| Package includes $0 monthly fees on transaction account, fee waivers on selected credit cards and discounted insurance products. | |
| Receive $3,000 refinance cashback, min $250k loan and LVR <90% with a Flexi First Option loan or a Premier Advantage Package (excludes refinances from Westpac Group), apply by 30 November 2021 and settle by 28 February 2022. |
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.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 3.59% (4.16%*) | |
| 3.59% (4.14%*) | |
| 3.59% (4.13%*) | |
| 3.89% (4.21%*) | |
| 3.89% (4.22%*) | |
| n/a | |
| n/a | |
| 3.78% p.a. |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $395.00 yearly | |
| $350.00 |
| $150,000 | |
| none | |
| none | |
| 70.00% |
| Monthly | |
| yes - free | |
| yes | |
| yes - free | |
| none | |
| yes | |
| no | |
| none | |
| Package includes $0 monthly fees on transaction account, fee waivers on selected credit cards and discounted insurance products. | |
| 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.
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| 3.69% (4.26%*) | |
| 3.69% (4.24%*) | |
| 3.69% (4.23%*) | |
| 3.99% (4.31%*) | |
| 3.99% (4.32%*) | |
| n/a | |
| n/a | |
| 3.88% p.a. |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $395.00 yearly | |
| $350.00 |
| $150,000 | |
| none | |
| 70.00% | |
| 80.00% |
| Monthly | |
| yes - free | |
| yes | |
| yes - free | |
| none | |
| yes | |
| no | |
| none | |
| Package includes $0 monthly fees on transaction account, fee waivers on selected credit cards and discounted insurance products. | |
| 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.
I have been a Westpac customer for over 20 years now. Their customer service above all has kept me loyal to Westpac. They have always been helpful in any matter and provide me with excellent personalised service and advice. I have very recently taken out a loan for my very first home and Westpac made every single step of the process and absolute breeze.
Read full reviewI have been a Westpac customer for over 20 years now. Their customer service above all has kept me loyal to Westpac. They have always been helpful in any matter and provide me with excellent personalised service and advice. I have very recently taken out a loan for my very first home and Westpac made every single step of the process and absolute breeze.
I like the fact it is a one stop for me, I have everything with this institute. Also we can split the loan the way we want.
Read full reviewI like the fact it is a one stop for me, I have everything with this institute. Also we can split the loan the way we want.
The fixed rates are quite high but my biggest problem is the lack of ATMs and branches. I live in a small country town with no branch or ATM only Australia post. Would be easier to have a branch or ATM back here.
Read full reviewThe fixed rates are quite high but my biggest problem is the lack of ATMs and branches. I live in a small country town with no branch or ATM only Australia post. Would be easier to have a branch or ATM back here.
My first home loan and I’ve had plenty of questions along the way and every time I ring I get someone extremely patient and helpful.
Read full reviewMy first home loan and I’ve had plenty of questions along the way and every time I ring I get someone extremely patient and helpful.
There are no additional features on this loan type and I don't feel that they explained the difference between the redraw and offset account types adequately to us.
Read full reviewThere are no additional features on this loan type and I don't feel that they explained the difference between the redraw and offset account types adequately to us.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.09% p.a.
fixed 3 years
3.58% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a.
2.21% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.09% p.a.
fixed 3 years
3.58% p.a.
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.
