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Westpac Flexi First Option Home Loan

The details shown below are for an owner occupier taking out a principal & interest loan of at least $25,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $25,000 with an LVR below 70%

The details shown below are for an owner occupier taking out a interest only loan of at least $25,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $25,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $25,000 with an LVR below 70%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR 70%-95%

    Loan: $25,000

  • Owner Occupier (Principal & Interest)

    LVR < 70%

    Loan: $25,000

  • Owner Occupier (Interest Only)

    LVR 70%-80%

    Loan: $25,000

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $25,000

  • Owner Occupier (Interest Only)

    LVR < 70%

    Loan: $25,000

Rate
2.79% p.a.
Comparison Rate*
2.80% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
2.69% p.a.
Comparison Rate*
2.70% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.99% p.a.
Comparison Rate*
4.04% p.a.
Service fee
$0.00
Upfront fee
$600
Rate
3.93% p.a.
Comparison Rate*
3.98% p.a.
Service fee
$0.00
Upfront fee
$600
Rate
3.89% p.a.
Comparison Rate*
3.94% p.a.
Service fee
$0.00
Upfront fee
$600

Details

Rates and fees information correct as at 5 July 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
  • 2.79% p.a.

  • n/a

  • n/a

  • n/a

  • 2.80% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $25,000

  • none

  • 70.00%

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • no

  • none

  • none

  • Receive $2,000 cashback per property when you refinance a property with a Flexi First Option loan or a Premier Advantage Package with a minimum loan size of $250,000 (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 5 July 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
  • 2.69% p.a.

  • n/a

  • n/a

  • n/a

  • 2.70% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $25,000

  • none

  • none

  • 70.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • no

  • none

  • none

  • Receive $2,000 cashback per property when you refinance a property with a Flexi First Option loan or a Premier Advantage Package with a minimum loan size of $250,000 (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 5 July 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
  • 3.99% p.a.

  • n/a

  • n/a

  • n/a

  • 4.04% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $25,000

  • none

  • 70.00%

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • 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.

Details

Rates and fees information correct as at 5 July 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
  • 3.93% p.a.

  • n/a

  • n/a

  • n/a

  • 3.98% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $25,000

  • none

  • none

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • no

  • none

  • none

  • Receive $2,000 cashback per property when you refinance a property with a Flexi First Option loan or a Premier Advantage Package with a minimum loan size of $250,000 (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 5 July 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
  • 3.89% p.a.

  • n/a

  • n/a

  • n/a

  • 3.94% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $25,000

  • none

  • none

  • 70.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • 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.

Customer Reviews

How are Westpac home loans rated by the Mozo community?

Overall customer rating
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 Flexi First Option Home Loan

  • Overall 9/10
    Low fee, no fuss loan. Great Customer Service.

    Our local branch staff were utterly incredible, keeping me in the loop every step of the way. The loan was processed in a timely fashion. Their head office processing centre mucked them around twice, which was annoying. The way the girls handled the issues was exemplary. Post loan follow up was incredible too. I really felt like I was more than just a number.

    Read full review

    Our local branch staff were utterly incredible, keeping me in the loop every step of the way. The loan was processed in a timely fashion. Their head office processing centre mucked them around twice, which was annoying. The way the girls handled the issues was exemplary. Post loan follow up was incredible too. I really felt like I was more than just a number.

    Price
    10/10
    Features
    5/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Karyn, South Australia reviewed 11 days ago
  • Overall 9/10
    Competitive rates, good service.

    I have found them to offer good suitable accounts that suit me and the staff are very helpful.

    Read full review

    I have found them to offer good suitable accounts that suit me and the staff are very helpful.

    Price
    7/10
    Features
    10/10
    Customer service
    8/10
    Convenience
    10/10
    Trust
    8/10
    Less
    Jeanette, Western Australia reviewed about 1 month ago
  • Overall 10/10
    Good Home Loan Service

    Westpac have been very easy to deal with and the interest rates are good.

    Read full review

    Westpac have been very easy to deal with and the interest rates are good.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Rochelle, Western Australia reviewed 3 months ago
  • Overall 6/10
    Only do what they have t.

    They only get you a better deal when you ask.

    Read full review

    They only get you a better deal when you ask.

    Price
    5/10
    Features
    4/10
    Customer service
    6/10
    Convenience
    7/10
    Trust
    5/10
    Less
    Laurie, Western Australia reviewed 4 months ago
  • Overall 7/10
    Competitive home rates with personalised service

    I like this bank because they provide special customer service representatives who recommend the best bank product for you. We can go to the representative straight away with any financial changes. The down side is customer service representatives changes often that somewhat waters down the level of personalised services we suppose to get.

    Read full review

    I like this bank because they provide special customer service representatives who recommend the best bank product for you. We can go to the representative straight away with any financial changes. The down side is customer service representatives changes often that somewhat waters down the level of personalised services we suppose to get.

    Price
    6/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    5/10
    Trust
    8/10
    Less
    Angela, Queensland reviewed over 2 years 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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*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.