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How we’re making Westpac an easy choice

Rates and offers

View the latest rates and offers for Westpac’s home and investment loans

Handy cheat sheet

Latest rates and offers

Policies and resources

Explore how to provide more options to your clients


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Opening more Aussie doors

Service lead times

Our team is working to improve assessment and verification times

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Where is my application?

Handy tools and guides

Keep up-to-date and always in the know with our tools, support and guides

Home loan calculators

Helpful tools and niches

Discover the enhanced BrokerHub Pricing Tool

The enhanced pricing tool on BrokerHub delivers a greater experience for both you and your clients.

Learn more

Featured home loan rates

The latest special offers and interest rates to help your clients when choosing us for their home loan needs.

Basic variable home loan

Our lowest variable rate home loan with unlimited extra repayments, minus the ongoing fees.

Featured owner occupier rate

6.44% p.a.

^^2-yr intro rate

6.76% p.a.

Comparison rate*

Variable rate includes 2-year 1.64% p.a. discount from loan settlement, reverting to 1.24% p.a. life-of-loan discount thereafter^^^ (excludes refinances within Westpac Group), and a 0.10% p.a. discount for LVR+ up to 70%. For new Owner Occupier loans and P&I repayments. Credit criteria, T&Cs apply.

Fixed rate home loan

Lock in your rate and repayments for 1-5 years, for all or part of your loan. Plus the option to package your loan.

Featured owner occupier rate

6.49% p.a.

Fixed rate

7.57% p.a.

Comparison rate*

Rate includes 0.10% p.a. discount for LVR+ up to 70%. Available on new 2-year Fixed Owner Occupier packaged# home loans, on P&I repayments. $150k min loan. $395 annual package fee and T&Cs apply.

Variable loan with offset

100% offset account, unlimited extra repayments, plus the option to package your loan.

Featured owner occupier rate

7.44% p.a.

Variable rate

7.77% p.a.

Comparison rate*

Rate includes a 0.10% p.a. discount for LVR+ up to 70%. Available on new Owner Occupier packaged# home loan with Principal & Interest repayments. $150k min loan. $395 annual package fee and T&Cs apply.

Home Guarantee Scheme

With the Australian Government initiated Home Guarantee Scheme, your clients could fast-track their home ownership dreams with one of three guarantee options.

Find out more

How we help you, help your clients

Flexible features

From offset to redraw, making extra repayments or using portability when buying and selling, our loans adjust to your client's needs.


Your clients can now verify their identity securely and seamlessly on a smartphone. There's no need for a branch visit. Just make your request on AppyOnline.

Priority Refinance

Turn your client refinances around with a faster and simpler solution to traditional procedures and avoid waiting for the other lender to process the discharge.***

Need some help but don’t know where to start?

The first port of call is to contact your Aggregator or a Business Development Manager (BDM) from your State or Territory. Or call our Broker Hotline.

Call the Broker Hotline, Monday to Friday:
8.30am-7pm (AEST)
8.30am-8pm (AWST) 

Quick tips, handy tools, and useful guides

Things you should know

Credit Criteria, fees and charges apply. Terms and conditions available on request. Based on Westpac's credit criteria, residential lending is not available for Non-Australian Resident borrowers.

This information's been prepared without taking your clients objectives, needs and overall financial situation into account. For this reason, your client consider the appropriateness of the information and, if necessary, seek appropriate professional advice. This includes any tax consequences arising from any promotions for investors and customers should seek independent advice on any taxation matters.

If any of the information related to (or provided by) Westpac Group that you rely on is printed, downloaded or stored in any manner on your systems, files or otherwise, please ensure that you update your systems and files with the most up-to-date information provided by us and rely only on such updated information.


*Comparison rate: The comparison rate is based on a loan of $150,000 over the term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

^Flexi First Option special offer rates with Principal & Interest repayments 

Special offers are only available on new Flexi First Option Home and Investment Loans with Principal & Interest repayments. Discounts do not apply to internal refinances or switches within the Westpac Group, which includes refinances from Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Not available to company and trust account holders. Offer may be varied or withdrawn at any time. Interest rates are subject to change:

  • For a property to live in (Owner occupier): Offer commences 24/11/2023. Includes a 1.64% p.a. discount for two years from the loan settlement date, at the end of the period it will revert to a 1.24% p.a. discount for the life of the loan.​
  • For an investment property:  Offer commences 24/11/2023. Includes a 1.89% p.a. discount for two years from the loan settlement date, at the end of the period it will revert to a 1.49% p.a. discount for the life of the loan. ​

+LVR stands for the loan-to-value ratio. LVR is the amount of your loan compared to the Bank’s valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and won’t change during the life of the loan as the LVR changes. 

#Premier Advantage Package: Conditions of Use and $395 annual package fee applies. You must either hold or be approved for a Westpac Choice transaction account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Applicants must have a Westpac Choice transaction account linked to the home loan at the time of settlement and must keep this account open for 60 days after settlement. Before deciding to acquire a Westpac Choice account, read the terms and conditions, and consider whether the product is right for you. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.
Premier Advantage Package Conditions of Use (PDF 120KB)

^^Fixed rate home loan: The Bank will apply the fixed rate that is available at the loan settlement date, unless the customer locks a fixed rate in on the loan using our Rate Lock feature. The Fixed Rate - Lock-In fee is 0.10% of the loan amount. At the end of the fixed rate period the interest rate will convert to the applicable variable home loan interest rate unless a new fixed rate term is selected and then the fixed rate is determined two business days prior to the refix. Interest rate(s) displayed is for Australian Residents only. Rate lock is not available for progress draw loans under the construction option.

***Priority Refinance: Only available: on eligible new Westpac home loans; on eligible home loans with your current lender; if your other lender is on the Priority Refinance process list of eligible financial institutions. Your other lender may charge you an additional settlement agent fee, as well as fixed rate home loan break costs. Loan suitability for the Priority Refinance product is determined by Westpac in conjunction with the insurance product guidelines. Priority Refinance is provided by First American Title Insurance Company of Australia Pty Limited ABN 64 075 279 908 Australian Financial Services Licence 263876, trading as First Title, an Australian general insurance company authorised by the Australian Prudential Regulation Authority. Conditions, fees and charges apply. Lending criteria apply to approval of credit products. This info doesn’t take your personal objectives, circumstances or needs into account, so please consider Priority Refinance’s appropriateness and read the disclosure documents for your selected loan, including the Terms & Conditions, before deciding. 


Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.