Westpac Rocket Investment Loan (Premier Advantage Package)

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $249,999 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $250,000 and $499,999 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $500,000 and $749,999 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan of at least $750,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $150,000 and $249,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $250,000 and $499,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $500,000 and $749,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan of at least $750,000 with an LVR below 80%

Choose the version of loan that suits you best

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $150,000 $249,999

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $250,000 $499,999

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $500,000 $749,999

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $750,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000 $249,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $250,000 $499,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $500,000 $749,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $750,000

5.33% p.a.

5.70% p.a.

$395.00 yearly

Westpac Rocket Investment Loan (Premier Advantage Package)

5.33% p.a.

5.70% p.a.

$395.00 yearly

5.13% p.a.

5.51% p.a.

$395.00 yearly

Westpac Rocket Investment Loan (Premier Advantage Package)

5.13% p.a.

5.51% p.a.

$395.00 yearly

5.08% p.a.

5.46% p.a.

$395.00 yearly

Westpac Rocket Investment Loan (Premier Advantage Package)

5.08% p.a.

5.46% p.a.

$395.00 yearly

5.03% p.a.

5.41% p.a.

$395.00 yearly

Westpac Rocket Investment Loan (Premier Advantage Package)

5.03% p.a.

5.41% p.a.

$395.00 yearly

5.84% p.a.

6.20% p.a.

$395.00 yearly

Westpac Rocket Investment Loan (Premier Advantage Package)

5.84% p.a.

6.20% p.a.

$395.00 yearly

5.64% p.a.

6.01% p.a.

$395.00 yearly

Westpac Rocket Investment Loan (Premier Advantage Package)

5.64% p.a.

6.01% p.a.

$395.00 yearly

5.59% p.a.

5.96% p.a.

$395.00 yearly

Westpac Rocket Investment Loan (Premier Advantage Package)

5.59% p.a.

5.96% p.a.

$395.00 yearly

5.54% p.a.

5.91% p.a.

$395.00 yearly

Westpac Rocket Investment Loan (Premier Advantage Package)

5.54% p.a.

5.91% p.a.

$395.00 yearly

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.33% p.a.

  • n/a

  • 0 Months

  • none

  • 5.70% 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

  • none

  • $395.00 yearly

  • $350.00

Other financial bits
  • $150,000

  • $249,999

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • none

  • Package benefits include no monthly fees on a Choice transaction account, fee waivers on selected credit cards and discounted insurance products.

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.13% p.a.

  • n/a

  • 0 Months

  • none

  • 5.51% 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

  • none

  • $395.00 yearly

  • $350.00

Other financial bits
  • $250,000

  • $499,999

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • none

  • Package benefits include no monthly fees on a Choice transaction account, fee waivers on selected credit cards and discounted insurance products. 200,000 Velocity Frequent Flyer Points for home loans $250k and over.

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.08% p.a.

  • n/a

  • 0 Months

  • none

  • 5.46% 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

  • none

  • $395.00 yearly

  • $350.00

Other financial bits
  • $500,000

  • $749,999

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • none

  • Package benefits include no monthly fees on a Choice transaction account, fee waivers on selected credit cards and discounted insurance products. 200,000 Velocity Frequent Flyer Points for home loans $250k and over.

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.03% p.a.

  • n/a

  • 0 Months

  • none

  • 5.41% 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

  • none

  • $395.00 yearly

  • $350.00

Other financial bits
  • $750,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • none

  • Package benefits include no monthly fees on a Choice transaction account, fee waivers on selected credit cards and discounted insurance products. 500,000 Velocity Frequent Flyer Points for home loans $1m and over.

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.84% p.a.

  • n/a

  • 0 Months

  • none

  • 6.20% 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

  • none

  • $395.00 yearly

  • $350.00

Other financial bits
  • $150,000

  • $249,999

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • none

  • Package benefits include no monthly fees on a Choice transaction account, fee waivers on selected credit cards and discounted insurance products.

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.64% p.a.

  • n/a

  • 0 Months

  • none

  • 6.01% 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

  • none

  • $395.00 yearly

  • $350.00

Other financial bits
  • $250,000

  • $499,999

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • none

  • Package benefits include no monthly fees on a Choice transaction account, fee waivers on selected credit cards and discounted insurance products. 200,000 Velocity Frequent Flyer Points for home loans $250k and over.

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.59% p.a.

  • n/a

  • 0 Months

  • none

  • 5.96% 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

  • none

  • $395.00 yearly

  • $350.00

Other financial bits
  • $500,000

  • $749,999

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • none

  • Package benefits include no monthly fees on a Choice transaction account, fee waivers on selected credit cards and discounted insurance products. 200,000 Velocity Frequent Flyer Points for home loans $250k and over.

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.54% p.a.

  • n/a

  • 0 Months

  • none

  • 5.91% 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

  • none

  • $395.00 yearly

  • $350.00

Other financial bits
  • $750,000

  • none

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • none

  • Package benefits include no monthly fees on a Choice transaction account, fee waivers on selected credit cards and discounted insurance products. 500,000 Velocity Frequent Flyer Points for home loans $1m and over.

Customer Reviews

How are Westpac home loans rated by the Mozo community?

Overall customer rating
6.7/10
Price
6.2/10
Features
6.5/10
Customer service
6.9/10
Convenience
7.6/10
Trust
6.6/10

Latest reviews of Westpac Rocket Investment Loan (Premier Advantage Package)

  • Overall
    9/10
    Great customer service very reliable

    Easy to deal with and arrange mortgage from pre-approval to the draw down during building. Always...

    Easy to deal with and arrange mortgage from pre-approval to the draw down during building. Always able to contact to discuss any issues.

    Price
    8/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    10/10

    Lindsay | Western Australia

    reviewed about 2 years ago

  • Overall
    3/10
    Stay away from this

    Poor customer service. Good product but not comparing with Reserve Bank rate.

    Poor customer service. Good product but not comparing with Reserve Bank rate.

    Price
    4/10
    Features
    6/10
    Customer service
    3/10
    Convenience
    5/10
    Trust
    2/10

    Dianne | New South Wales

    reviewed over 2 years ago

  • Overall
    8/10
    Competitive if you do your Homework!

    I like Westpac as I have a great variable rate and great customer service, but I don't like...

    I like Westpac as I have a great variable rate and great customer service, but I don't like Westpac as that doesn't come easy and it's not for everyone. What I mean is my assertive, research oriented ways allow me to compel them to give me best rates, especially as we own multiple homes but if you don't call them, stay on them and know your rates, Westpac doesn't look after you. So far as customer service it's excellent IF you get the right person in the bank or on the phone. At times I've said I need to go and ring back as I find the person on the other end unhelpful or not knowledgeable enough. In a nutshell Westpac is great IF you're willing to work, if you're not, they're not, in my opinion.

    Price
    7/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    7/10

    Julie | Victoria

    reviewed over 2 years ago

  • Overall
    8/10
    Being respected by a supporting partner

    I have had two loans with Westpac for close to 25 years. Recent financial hardship following a...

    I have had two loans with Westpac for close to 25 years. Recent financial hardship following a redundancy made life very difficult, it was so great to receive hardship guidance and a plan to assist us to get back on track. It was done with grace and I felt respected and heard. The loan is now back in line and I'm grateful not to have been hounded but worked with. I would only like to add that branch managers are and should be more stable in your organisation, they seem to change every year

    Price
    6/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    6/10
    Trust
    8/10

    Sue | Victoria

    reviewed over 2 years ago

  • Overall
    7/10
    Safe and flexible access.

    A big 4 bank that feels safe but is definitely after large profit and is not overly concerned...

    A big 4 bank that feels safe but is definitely after large profit and is not overly concerned with everyday customers.

    Price
    3/10
    Features
    8/10
    Customer service
    6/10
    Convenience
    9/10
    Trust
    5/10

    Leona | Victoria

    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.

See Westpac home loans

*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.