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%-80% | $150,000 | |
|
Owner Occupier | Principal & Interest | 80%-95% | $150,000 | |
|
Owner Occupier | Interest Only | < 70% | $150,000 | |
|
Owner Occupier | Interest Only | 70%-80% | $150,000 |
There’s a lot to like about the Westpac Fixed Options Premier Advantage Package, starting with the 6.39% p.a. fixed rate (7.22% p.a. comparison rate*) which is available on 4-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 starting at 6.39% p.a. (7.36% 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.
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 loan account fee will be charged annually. There is also a $350 loan discharge fee.
n/a |
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n/a |
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n/a |
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n/a |
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6.59% (7.69%*) |
|
6.49% (7.58%*) |
|
6.59% (7.53%*) |
|
6.59% (7.46%*) |
|
6.69% (7.43%*) |
|
n/a |
|
n/a |
|
7.44% 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. Lock-in the fixed rate at time of loan approval for a fee of 0.10% of the loan amount. |
|
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 |
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n/a |
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n/a |
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n/a |
|
6.69% (7.79%*) |
|
6.59% (7.68%*) |
|
6.69% (7.63%*) |
|
6.69% (7.56%*) |
|
6.79% (7.54%*) |
|
n/a |
|
n/a |
|
7.54% p.a. |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$150,000 |
|
none |
|
70.00% |
|
80.00% |
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. Lock-in the fixed rate at time of loan approval for a fee of 0.10% of the loan amount. |
|
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 |
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n/a |
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n/a |
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n/a |
|
6.99% (8.08%*) |
|
6.89% (7.98%*) |
|
6.99% (7.92%*) |
|
6.99% (7.85%*) |
|
7.09% (7.83%*) |
|
n/a |
|
n/a |
|
7.84% p.a. |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$150,000 |
|
none |
|
80.00% |
|
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. Lock-in the fixed rate at time of loan approval for a fee of 0.10% of the loan amount. |
|
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 |
|
6.89% (8.24%*) |
|
6.79% (8.10%*) |
|
6.89% (8.02%*) |
|
7.09% (8.00%*) |
|
7.19% (7.98%*) |
|
n/a |
|
n/a |
|
8.03% 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. Lock-in the fixed rate at time of loan approval for a fee of 0.10% of the loan amount. |
|
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 |
|
6.99% (8.33%*) |
|
6.89% (8.20%*) |
|
6.99% (8.12%*) |
|
7.19% (8.10%*) |
|
7.29% (8.08%*) |
|
n/a |
|
n/a |
|
8.13% 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. Lock-in the fixed rate at time of loan approval for a fee of 0.10% of the loan amount. |
|
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.
Great service
Read full reviewI have found Westpac to be very helpful with any loan enquiries, and our fixed rate mortgage is excellent. They have good every day accounts and I’m very happy with the interest I am making on cash savings. It would be great if they could increase the opening times at the branch for working people so we don’t have to take leave to get to the bank.
Read full reviewI have found Westpac to be very helpful with any loan enquiries, and our fixed rate mortgage is excellent. They have good every day accounts and I’m very happy with the interest I am making on cash savings. It would be great if they could increase the opening times at the branch for working people so we don’t have to take leave to get to the bank.
Read the fine print & do not be talked into the wrong package that ends up costing you more in fees than needed. Sold the premium package which was unnecessary for our needs so a little disappointed in that regard.
Read full reviewRead the fine print & do not be talked into the wrong package that ends up costing you more in fees than needed. Sold the premium package which was unnecessary for our needs so a little disappointed in that regard.
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.
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Offset Home Loan (Package)
6.15% p.a. variable
6.40% p.a.
Basic Home Loan (Fixed)
5.99% p.a.
fixed 3 years
6.13% p.a.
Offset Home Loan (Package)
6.15% p.a.
6.40% p.a.
Basic Home Loan
6.15% p.a.
6.17% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Basic Home Loan (Fixed)
5.99% p.a.
fixed 3 years
6.13% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Basic Home Loan (Fixed)
6.09% p.a.
fixed 3 years
6.19% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% 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.