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%-80% | $15,000 | |
|
|
Owner Occupier | Principal & Interest | 80%-95% | $15,000 | |
|
|
Owner Occupier | Interest Only | < 70% | $15,000 | |
|
|
Owner Occupier | Interest Only | 70%-80% | $15,000 |
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.39% (8.59%*) |
|
|
6.19% (8.32%*) |
|
|
6.19% (8.09%*) |
|
|
6.19% (7.88%*) |
|
|
6.19% (7.70%*) |
|
|
n/a |
|
|
n/a |
|
|
8.73% 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 |
|
|
yes |
|
|
yes - free |
|
|
none |
|
|
yes |
|
|
no |
|
|
none |
|
|
Lock-in the fixed rate at time of loan approval, irrespective of if it changes at time of loan drawdown for a fee of 0.10% of the loan amount. |
|
|
Westpac home loan customers can use a 4.49% p.a. (4.87% p.a. comparison rate) 10-year maximum loan term for sustainable upgrades home or investment loan. Loan size $4,000-$50,000. |
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 |
|
|
6.39% (8.68%*) |
|
|
6.19% (8.39%*) |
|
|
6.19% (8.16%*) |
|
|
6.19% (7.94%*) |
|
|
6.19% (7.75%*) |
|
|
n/a |
|
|
n/a |
|
|
8.83% p.a. |
|
$600.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
n/a |
|
|
$8.00 monthly |
|
|
$350.00 |
|
$15,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
yes |
|
|
yes - free |
|
|
none |
|
|
yes |
|
|
no |
|
|
none |
|
|
Lock-in the fixed rate at time of loan approval, irrespective of if it changes at time of loan drawdown for a fee of 0.10% of the loan amount. |
|
|
Westpac home loan customers can use a 4.49% p.a. (4.87% p.a. comparison rate) 10-year maximum loan term for sustainable upgrades home or investment loan. Loan size $4,000-$50,000. |
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 |
|
|
6.39% (8.94%*) |
|
|
6.19% (8.62%*) |
|
|
6.19% (8.36%*) |
|
|
6.19% (8.12%*) |
|
|
6.19% (7.91%*) |
|
|
n/a |
|
|
n/a |
|
|
9.13% p.a. |
|
$600.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
n/a |
|
|
$8.00 monthly |
|
|
$350.00 |
|
$15,000 |
|
|
none |
|
|
80.00% |
|
|
95.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
yes |
|
|
yes - free |
|
|
none |
|
|
yes |
|
|
no |
|
|
none |
|
|
Lock-in the fixed rate at time of loan approval, irrespective of if it changes at time of loan drawdown for a fee of 0.10% of the loan amount. |
|
|
Westpac home loan customers can use a 4.49% p.a. (4.87% p.a. comparison rate) 10-year maximum loan term for sustainable upgrades home or investment loan. Loan size $4,000-$50,000. |
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 |
|
|
6.69% (9.14%*) |
|
|
6.49% (8.83%*) |
|
|
6.49% (8.57%*) |
|
|
6.69% (8.42%*) |
|
|
6.69% (8.23%*) |
|
|
n/a |
|
|
n/a |
|
|
9.32% 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 |
|
|
yes |
|
|
yes - free |
|
|
none |
|
|
yes |
|
|
no |
|
|
none |
|
|
Lock-in the fixed rate at time of loan approval, irrespective of if it changes at time of loan drawdown for a fee of 0.10% of the loan amount. |
|
|
Westpac home loan customers can use a 4.49% p.a. (4.87% p.a. comparison rate) 10-year maximum loan term for sustainable upgrades home or investment loan. Loan size $4,000-$50,000. |
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 |
|
|
6.69% (9.23%*) |
|
|
6.49% (8.91%*) |
|
|
6.49% (8.64%*) |
|
|
6.69% (8.48%*) |
|
|
6.69% (8.28%*) |
|
|
n/a |
|
|
n/a |
|
|
9.42% 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 |
|
|
yes |
|
|
yes - free |
|
|
none |
|
|
yes |
|
|
no |
|
|
none |
|
|
Lock-in the fixed rate at time of loan approval, irrespective of if it changes at time of loan drawdown for a fee of 0.10% of the loan amount. |
|
|
Westpac home loan customers can use a 4.49% p.a. (4.87% p.a. comparison rate) 10-year maximum loan term for sustainable upgrades home or investment loan. Loan size $4,000-$50,000. |
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.
Basic product offering no real rewards for existing customer or loyal customer Only changed as they where the lowest at the time. Looking to change banks after fixed term ends.
Read full reviewBasic product offering no real rewards for existing customer or loyal customer Only changed as they where the lowest at the time. Looking to change banks after fixed term ends.
THE BANK DOES NOT SHOW LOYALTY TO ITS CUSTOMERS. THEY DECIDE WHAT CHANGES THEY WILL MAKE AND THE CUSTOMER DOES NOT HAVE A SAY. THEY SIMPLY HAVE TO WEAR THE COSTS OR GO ELSEWHERE.
Read full reviewTHE BANK DOES NOT SHOW LOYALTY TO ITS CUSTOMERS. THEY DECIDE WHAT CHANGES THEY WILL MAKE AND THE CUSTOMER DOES NOT HAVE A SAY. THEY SIMPLY HAVE TO WEAR THE COSTS OR GO ELSEWHERE.
Westpac is a good reliable bank if you have good income and serviceability for home lending. It is one of the only banks too that allows for instant bank transfers which is very handy, called Osko payments. They do however have an area too that is very helpful for any financial problems you may come into with any of your banking, called westpac assist.
Read full reviewWestpac is a good reliable bank if you have good income and serviceability for home lending. It is one of the only banks too that allows for instant bank transfers which is very handy, called Osko payments. They do however have an area too that is very helpful for any financial problems you may come into with any of your banking, called westpac assist.
The pros for Westpac that stands out for me is that they will efficiently direct you to the right person in their branch regarding inquiries I had about my home loan etc. interest rates, payment plans etc. The cons which I believe are out of the banks control is the rising interest rates.
Read full reviewThe pros for Westpac that stands out for me is that they will efficiently direct you to the right person in their branch regarding inquiries I had about my home loan etc. interest rates, payment plans etc. The cons which I believe are out of the banks control is the rising interest rates.
Initially their delay getting our loan set up meant we missed out on a better rate, but it has been smooth sailing since then. Easy app to navigate and great customer service.
Read full reviewInitially their delay getting our loan set up meant we missed out on a better rate, but it has been smooth sailing since then. Easy app to navigate and great customer service.
Great Rate Home Loan
5.99% p.a. variable
6.01% p.a.
Home Value Loan
6.14% p.a. variable
6.14% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.49% p.a.
fixed 3 years
6.97% p.a.
OMG Home Loan
5.99% p.a. variable
6.02% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.49% p.a.
fixed 3 years
6.97% p.a.
Great Rate Home Loan
5.99% p.a. variable
6.01% p.a.
Elevate
6.13% p.a. variable
6.14% p.a.
Great Rate Home Loan
5.99% p.a.
6.01% p.a.
OMG Home Loan
5.99% p.a.
6.02% p.a.
Elevate
6.13% p.a.
6.14% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.49% p.a.
fixed 3 years
6.97% p.a.
Fixed Home Loan Rate
5.59% p.a.
fixed 3 years
6.31% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.59% p.a.
fixed 3 years
6.99% p.a.
Fixed Rate Loan
5.79% p.a.
fixed 3 years
6.07% 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.
