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Westpac Fixed Options Home Loan (Premier Advantage Package)

Advertiser disclosure

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 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 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

  • Owner Occupier (Principal & Interest)

    LVR 70%-95%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR < 70%

    Loan: $150,000

  • Owner Occupier (Interest Only)

    LVR < 70%

    Loan: $150,000

  • Owner Occupier (Interest Only)

    LVR 70%-80%

    Loan: $150,000

Fixed 3 year rate
2.09% p.a.
Comparison Rate
3.41% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
1.99% p.a.
Comparison Rate
3.31% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
3.59% p.a.
Comparison Rate
4.14% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
3.69% p.a.
Comparison Rate
4.23% p.a.
Service fee
$395.00 yearly
Upfront fee
$0

Details

Rates and fees information correct as at 6 December 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.09% (3.60%*)

  • 2.09% (3.50%*)

  • 2.09% (3.41%*)

  • 1.99% (3.29%*)

  • 2.29% (3.32%*)

  • n/a

  • n/a

  • 3.29% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $350.00

Other financial bits
  • $150,000

  • none

  • 70.00%

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $30,000 in fixed rate period

  • yes

  • yes

  • none

  • yes

  • no

  • none

  • Package includes $0 monthly fees on transaction account, fee waivers on selected credit cards and discounted insurance products.

  • Receive $2,000 cashback per property plus $1,000 for the first application when you refinance a property of at least $250,000 and an LVR <80% with a Flexi First Option loan or a Premier Advantage Package (excludes refinances from Westpac Group).

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.

Details

Rates and fees information correct as at 6 December 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 1.99% (3.50%*)

  • 1.99% (3.41%*)

  • 1.99% (3.31%*)

  • 1.89% (3.20%*)

  • 2.19% (3.22%*)

  • n/a

  • n/a

  • 3.19% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $350.00

Other financial bits
  • $150,000

  • none

  • none

  • 70.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $30,000 in fixed rate period

  • yes

  • yes

  • none

  • yes

  • no

  • none

  • Package includes $0 monthly fees on transaction account, fee waivers on selected credit cards and discounted insurance products.

  • Receive $2,000 cashback per property plus $1,000 for the first application when you refinance a property of at least $250,000 and an LVR <80% with a Flexi First Option loan or a Premier Advantage Package (excludes refinances from Westpac Group).

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.

Details

Rates and fees information correct as at 6 December 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 3.59% (4.17%*)

  • 3.59% (4.15%*)

  • 3.59% (4.14%*)

  • 3.89% (4.22%*)

  • 3.89% (4.23%*)

  • n/a

  • n/a

  • 3.78% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $350.00

Other financial bits
  • $150,000

  • none

  • none

  • 70.00%

Features
  • Monthly

  • yes - free up to $30,000 in fixed rate period

  • yes

  • yes

  • 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.

Details

Rates and fees information correct as at 6 December 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 3.69% (4.27%*)

  • 3.69% (4.25%*)

  • 3.69% (4.23%*)

  • 3.99% (4.32%*)

  • 3.99% (4.33%*)

  • n/a

  • n/a

  • 3.88% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $350.00

Other financial bits
  • $150,000

  • none

  • 70.00%

  • 80.00%

Features
  • Monthly

  • yes - free up to $30,000 in fixed rate period

  • yes

  • yes

  • 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.

Customer Reviews

How are Westpac home loans rated by the Mozo community?

Overall
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 Fixed Options Home Loan (Premier Advantage Package)

  • Overall 7/10
    Good bank but rates higher than other big banks.

    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 review

    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.

    Price
    7/10
    Features
    6/10
    Customer service
    9/10
    Convenience
    1/10
    Trust
    8/10
    Less
    Matthew, Victoria reviewed 14 days ago
  • Overall 9/10
    Great customer service

    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 review

    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.

    Price
    7/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    9/10
    Trust
    9/10
    Less
    Sam, Victoria reviewed 17 days ago
  • Overall 6/10
    There are no additional features on this loan type

    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 review

    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.

    Price
    4/10
    Features
    -1/10
    Customer service
    5/10
    Convenience
    9/10
    Trust
    4/10
    Less
    Irene, Queensland reviewed 26 days ago
  • Overall 5/10
    An OK bank, limited contact

    We like banking with Westpac however their branch hours are limited, especially for people who work. They refused to refinance our loan based on my husband having 2 jobs.

    Read full review

    We like banking with Westpac however their branch hours are limited, especially for people who work. They refused to refinance our loan based on my husband having 2 jobs.

    Price
    4/10
    Features
    4/10
    Customer service
    5/10
    Convenience
    2/10
    Trust
    3/10
    Less
    Melinda, Queensland reviewed 4 months ago
  • Overall 6/10
    Reliable.

    Easy to access information. The bank does not go out of their way to give lower interest rates to match current situations.

    Read full review

    Easy to access information. The bank does not go out of their way to give lower interest rates to match current situations.

    Price
    4/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    10/10
    Trust
    1/10
    Less
    Rachel, Tasmania reviewed 4 months 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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2.47% p.a.

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2.19% p.a.

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n/a

n/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.