The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 70%
The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 70%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Investor | Principal & Interest | 70%-90% | $150,000 | |
| | Investor | Principal & Interest | < 70% | $150,000 | |
| | Investor | Interest Only | 70%-80% | $150,000 | |
| | Investor | Interest Only | < 70% | $150,000 |
Investor (Principal & Interest)
LVR 70%-90%
Loan: $150,000
Investor (Principal & Interest)
LVR < 70%
Loan: $150,000
Investor (Interest Only)
LVR 70%-80%
Loan: $150,000
Investor (Interest Only)
LVR < 70%
Loan: $150,000
3.84% p.a.
n/a
n/a
n/a
4.24% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$150,000
none
70.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
yes
yes - free
none
yes
yes
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.
3.74% p.a.
n/a
n/a
n/a
4.15% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$150,000
none
none
70.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
yes
yes - free
none
yes
yes
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.
4.10% p.a.
n/a
n/a
n/a
4.50% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$150,000
none
70.00%
80.00%
Investor
Interest Only
Monthly
yes - free
yes
yes - free
none
yes
yes
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.
4.00% p.a.
n/a
n/a
n/a
4.40% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$150,000
none
none
70.00%
Investor
Interest Only
Monthly
yes - free
yes
yes - free
none
yes
yes
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.
It's a constant battle to remind the bank that its interest rates are no longer competitive and would you 'please' review. The attitude is that we will apply for a 'discount' for you. We are not asking for a discount. It's the banks attempt at trying to convince you that they are doing you a favour. This kind of leaves a bad taste in the mouth. What we are asking is that you (the bank) look after us by reducing rates in-line with what is reasonable and competitive in the market. Another way to look at it is that we are asking (feels like begging) the bank to reward our loyalty. Whilst it may seem clever and more profitable in the short term to just leave rates where they are until the customer complains, it's not a good long term strategy. It assumes the customer is unaware that he or she is paying too much. If you look at the number, and frequency of advertised rates in the market this somewhat commercially naïve. Although we haven't changed banks we want to. Why should a customer provide loyalty when the the only time the vendor (attempts to) value(s) your custom is when you complain or threaten to leave. Certainly we would not recommend this bank to anyone else.
Read full reviewIt's a constant battle to remind the bank that its interest rates are no longer competitive and would you 'please' review. The attitude is that we will apply for a 'discount' for you. We are not asking for a discount. It's the banks attempt at trying to convince you that they are doing you a favour. This kind of leaves a bad taste in the mouth. What we are asking is that you (the bank) look after us by reducing rates in-line with what is reasonable and competitive in the market. Another way to look at it is that we are asking (feels like begging) the bank to reward our loyalty. Whilst it may seem clever and more profitable in the short term to just leave rates where they are until the customer complains, it's not a good long term strategy. It assumes the customer is unaware that he or she is paying too much. If you look at the number, and frequency of advertised rates in the market this somewhat commercially naïve. Although we haven't changed banks we want to. Why should a customer provide loyalty when the the only time the vendor (attempts to) value(s) your custom is when you complain or threaten to leave. Certainly we would not recommend this bank to anyone else.
On sign up with no family. They were amazing. With a huge amount of equity $400k now and with kids we would like to renovate and they will not help us, have tried 3 times with negative response.
Read full reviewOn sign up with no family. They were amazing. With a huge amount of equity $400k now and with kids we would like to renovate and they will not help us, have tried 3 times with negative response.
The interest rate is not as competitive as other financial institutions. It was given to us by a stockbroker.
Read full reviewThe interest rate is not as competitive as other financial institutions. It was given to us by a stockbroker.
Westpac helped us refinance when we didn't quite qualify. They could see our long term plan and helped implement it.
Read full reviewWestpac helped us refinance when we didn't quite qualify. They could see our long term plan and helped implement it.
Great bank this far, only been with them for two years. Had a call yesterday to discuss my home and investment loans, so very happy.
Read full reviewGreat bank this far, only been with them for two years. Had a call yesterday to discuss my home and investment loans, so very happy.
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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2.12% p.a.
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fixed 3 years
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n/a
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3.03% p.a.
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2.47% p.a.
$0.00
Homestar
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1.79% p.a.
1.84% p.a.
$0.00
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.
