Westpac Rocket Investment Loan

This product is available in different versions. Pick the right version for you here.

The details shown below are for an investor taking out a principal & interest loan of at least $25,000 with an LVR below 90%

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

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

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

Choose the version of this loan that suits you best

  • Investor (Principal & Interest)

    LVR 70%-90%

    Loan: $25,000

  • Investor (Principal & Interest)

    LVR < 70%

    Loan: $25,000

  • Investor (Interest Only)

    LVR < 70%

    Loan: $25,000

  • Investor (Interest Only)

    LVR 70%-80%

    Loan: $25,000

5.38% p.a.

5.52% p.a.

$8.00 monthly

Westpac Rocket Investment Loan

5.38% p.a.

5.52% p.a.

$8.00 monthly

5.28% p.a.

5.42% p.a.

$8.00 monthly

Westpac Rocket Investment Loan

5.28% p.a.

5.42% p.a.

$8.00 monthly

5.54% p.a.

5.68% p.a.

$8.00 monthly

Westpac Rocket Investment Loan

5.54% p.a.

5.68% p.a.

$8.00 monthly

5.64% p.a.

5.78% p.a.

$8.00 monthly

Westpac Rocket Investment Loan

5.64% p.a.

5.78% p.a.

$8.00 monthly

Details

Rates and fees information correct as at 21 November 2019. 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
  • 5.38% p.a.

  • n/a

  • n/a

  • n/a

  • 5.52% 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

  • $8.00 monthly

  • $350.00

Other financial bits
  • $25,000

  • none

  • 70.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • 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 21 November 2019. 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
  • 5.28% p.a.

  • n/a

  • n/a

  • n/a

  • 5.42% 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

  • $8.00 monthly

  • $350.00

Other financial bits
  • $25,000

  • none

  • none

  • 70.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • 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 21 November 2019. 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
  • 5.54% p.a.

  • n/a

  • n/a

  • n/a

  • 5.68% 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

  • $8.00 monthly

  • $350.00

Other financial bits
  • $25,000

  • none

  • none

  • 70.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • 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 21 November 2019. 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
  • 5.64% p.a.

  • n/a

  • n/a

  • n/a

  • 5.78% 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

  • $8.00 monthly

  • $350.00

Other financial bits
  • $25,000

  • none

  • 70.00%

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • none

  • yes

  • yes

  • 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 Rocket Investment Loan

  • Overall
    1/10
    Not so competitive, non existent customer service.

    This bank helped me purchase my property, but the customer care stopped there, they dont offer...

    This bank helped me purchase my property, but the customer care stopped there, they dont offer any help or advice as to future investments. It's like I'm chasing them for my business when it should be the other way around.

    Price
    2/10
    Features
    5/10
    Customer service
    1/10
    Convenience
    3/10
    Trust
    5/10

    Lorena | Victoria

    reviewed 6 days ago

  • Overall
    7/10
    Great customer service and assistance

    I have always assisted with interest rates as I have multiple loans that have been close to best...

    I have always assisted with interest rates as I have multiple loans that have been close to best market rates plus recently had a fraud issue and was very impressed with the way it was handled.

    Price
    6/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    David | Victoria

    reviewed over 1 year ago

  • Overall
    9/10
    Great customer service

    Easy to use the online banking and transactions.

    Easy to use the online banking and transactions.

    Price
    10/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Pritam | South Australia

    reviewed over 2 years ago

  • Overall
    7/10
    Convenience

    We have been with Westpac now for almost 5 years and have been happy with what we have setup with...

    We have been with Westpac now for almost 5 years and have been happy with what we have setup with them. We would be happy to make changes if Westpac can save us more money.

    Price
    7/10
    Features
    7/10
    Customer service
    7/10
    Convenience
    7/10
    Trust
    -1/10

    Geoffrey | South Australia

    reviewed over 3 years ago

  • Overall
    4/10
    Competitive premiums and great customer service

    I have been paying more every payment on my loan but seem to be going nowhere , and after talking...

    I have been paying more every payment on my loan but seem to be going nowhere , and after talking to other's who are paying less but are in front on their loan

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

    Kevin | South Australia

    reviewed over 3 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.