The details shown below are for an owner occupier taking out a principal & interest loan of at least $15,000 with an LVR below 70%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $15,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan of at least $15,000 with an LVR below 70%
The details shown below are for an owner occupier taking out a interest only loan of at least $15,000 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% | $15,000 | |
| | Owner Occupier | Principal & Interest | 70%-95% | $15,000 | |
| | Owner Occupier | Interest Only | < 70% | $15,000 | |
| | Owner Occupier | Interest Only | 70%-80% | $15,000 |
Owner Occupier (Principal & Interest)
LVR < 70%
Loan: $15,000
Owner Occupier (Principal & Interest)
LVR 70%-95%
Loan: $15,000
Owner Occupier (Interest Only)
LVR < 70%
Loan: $15,000
Owner Occupier (Interest Only)
LVR 70%-80%
Loan: $15,000
n/a
n/a
n/a
n/a
2.19% (4.41%*)
1.99% (4.17%*)
2.08% (4.00%*)
2.09% (3.83%*)
2.39% (3.78%*)
n/a
n/a
4.48% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$8.00 monthly
$350.00
$15,000
none
none
70.00%
Weekly, Fortnightly, Monthly
yes - free up to $30,000 in fixed rate period
yes
yes
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.
n/a
n/a
n/a
n/a
2.29% (4.50%*)
2.09% (4.27%*)
2.18% (4.10%*)
2.19% (3.92%*)
2.49% (3.88%*)
n/a
n/a
4.58% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$8.00 monthly
$350.00
$15,000
none
70.00%
95.00%
Weekly, Fortnightly, Monthly
yes - free up to $30,000 in fixed rate period
yes
yes
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.
n/a
n/a
n/a
n/a
3.79% (5.08%*)
3.79% (4.97%*)
3.79% (4.86%*)
4.09% (4.87%*)
4.09% (4.80%*)
n/a
n/a
5.07% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$8.00 monthly
$350.00
$15,000
none
none
70.00%
Monthly
yes - free up to $30,000 in fixed rate period
yes
yes
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.
n/a
n/a
n/a
n/a
3.89% (5.18%*)
3.89% (5.07%*)
3.89% (4.96%*)
4.19% (4.97%*)
4.19% (4.90%*)
n/a
n/a
5.17% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$8.00 monthly
$350.00
$15,000
none
70.00%
80.00%
Monthly
yes - free up to $30,000 in fixed rate period
yes
yes
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.
Easy access with a low rate.
Read full reviewEasy access with a low rate.
My husband and I have our joint home loan with Westpac. It was easy from the beginning of the application, we were explained everything we needed to know. The app is really easy to use. Customer service is very good, we always get to talk to a very professional person if we need anything. I wouldn’t change to another bank.
Read full reviewMy husband and I have our joint home loan with Westpac. It was easy from the beginning of the application, we were explained everything we needed to know. The app is really easy to use. Customer service is very good, we always get to talk to a very professional person if we need anything. I wouldn’t change to another bank.
I found the staff I dealt with in relation to my home loan quite helpful- they also follow up to make sure all things are well. I was selling my home and buying another last year, they were able to swap the security (the property) from my old home to my new home without me having to apply for a new home loan. Settlement occurred on the same day and it all worked out well. Recently, after a follow-up call from Westpac to see how I was doing, I entered into a fixed rate for 12 months on my home loan with no fuss. As I don't plan on moving banks anytime soon, I figured I'd save a little by fixing the interest rate for a bit. Cons- they don't have the cheapest interest rates out there.
Read full reviewI found the staff I dealt with in relation to my home loan quite helpful- they also follow up to make sure all things are well. I was selling my home and buying another last year, they were able to swap the security (the property) from my old home to my new home without me having to apply for a new home loan. Settlement occurred on the same day and it all worked out well. Recently, after a follow-up call from Westpac to see how I was doing, I entered into a fixed rate for 12 months on my home loan with no fuss. As I don't plan on moving banks anytime soon, I figured I'd save a little by fixing the interest rate for a bit. Cons- they don't have the cheapest interest rates out there.
Great service, friendly staff, fair interest rates.
Read full reviewGreat service, friendly staff, fair interest rates.
I just renewed my mortgage interest rate. They offered me 2.29% for three years so I just ignored offers form other banks and stayed with Westpack but after the paperwork, record shows that they renewed for only two years for 2.29% and I asked why. I was told that they got mixed up and apologised. Then they said they are ready to change it to three years but I need to pay $711 for break up fees and also they can only give 2.59% for three years because the old offer was not available at this stage. They gave some confusing calculations. I lost all trust and felt like I was cheated.
Read full reviewI just renewed my mortgage interest rate. They offered me 2.29% for three years so I just ignored offers form other banks and stayed with Westpack but after the paperwork, record shows that they renewed for only two years for 2.29% and I asked why. I was told that they got mixed up and apologised. Then they said they are ready to change it to three years but I need to pay $711 for break up fees and also they can only give 2.59% for three years because the old offer was not available at this stage. They gave some confusing calculations. I lost all trust and felt like I was cheated.
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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Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a. variable
1.84% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
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Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
Homestar
Star Classic Fixed Home Loan
n/a
n/a
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.89% p.a.
fixed 3 years
3.03% 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.
