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Westpac Rocket Investment Loan

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 interest only loan of at least $25,000 with an LVR below 80%

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%

Choose the version of this loan that suits you best

  • Investor (Principal & Interest)

    LVR 70%-90%

    Loan: $25,000

  • Investor (Interest Only)

    LVR 70%-80%

    Loan: $25,000

  • Investor (Principal & Interest)

    LVR < 70%

    Loan: $25,000

  • Investor (Interest Only)

    LVR < 70%

    Loan: $25,000

Rate
5.13% p.a.
Comparison Rate*
5.27% p.a.
Service fee
$8.00 monthly
Upfront fee
$600
Rate
5.39% p.a.
Comparison Rate*
5.53% p.a.
Service fee
$8.00 monthly
Upfront fee
$600
Rate
5.03% p.a.
Comparison Rate*
5.17% p.a.
Service fee
$8.00 monthly
Upfront fee
$600
Rate
5.29% p.a.
Comparison Rate*
5.43% p.a.
Service fee
$8.00 monthly
Upfront fee
$600

Details

Rates and fees information correct as at 11 August 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
  • 5.13% p.a.

  • n/a

  • n/a

  • n/a

  • 5.27% 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 11 August 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
  • 5.39% p.a.

  • n/a

  • n/a

  • n/a

  • 5.53% 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.

Details

Rates and fees information correct as at 11 August 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
  • 5.03% p.a.

  • n/a

  • n/a

  • n/a

  • 5.17% 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 11 August 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
  • 5.29% p.a.

  • n/a

  • n/a

  • n/a

  • 5.43% 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.

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 9/10
    Great product and features.

    The product offered by the bank is competitive and has great features such as withdrawals and interest rate reduction against balance of other accounts. Fees and rates are regularly reviewed and adjusted.

    Read full review

    The product offered by the bank is competitive and has great features such as withdrawals and interest rate reduction against balance of other accounts. Fees and rates are regularly reviewed and adjusted.

    Price
    8/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    9/10
    Trust
    8/10
    Less
    Isidoro, New South Wales reviewed 13 days ago
  • Overall 7/10
    Love the automation features and offset account.

    Banking is straightforward and the offset account is great to save money in, bringing down your interest for repayments. I love the automation features, so I know my loan repayments are paid on time. Getting advice about re-servicing my loan seemed a bit difficult when calling up.

    Read full review

    Banking is straightforward and the offset account is great to save money in, bringing down your interest for repayments. I love the automation features, so I know my loan repayments are paid on time. Getting advice about re-servicing my loan seemed a bit difficult when calling up.

    Price
    7/10
    Features
    8/10
    Customer service
    7/10
    Convenience
    9/10
    Trust
    6/10
    Less
    Andrew, New South Wales reviewed 6 months ago
  • Overall 7/10
    Range of products.

    Personal banking services have declined. It has a range of products.

    Read full review

    Personal banking services have declined. It has a range of products.

    Price
    8/10
    Features
    7/10
    Customer service
    6/10
    Convenience
    7/10
    Trust
    7/10
    Less
    Deborah, Australian Capital Territory reviewed 8 months ago
  • 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 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.

    Read full review

    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
    Less
    Lorena, Victoria reviewed 9 months 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 market rates plus recently had a fraud issue and was very impressed with the way it was handled.

    Read full review

    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
    -
    Less
    David, Victoria reviewed almost 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.