Rocket Repay Home Loan
Your client may benefit from drops in interest rates, and if they link an offset account it could help them pay less interest.
What's more, if their situation changes and they need to access their extra repayments, we have options that could help.
Link an offset account and save on interest repayments
With a 100% offset account, every dollar in your client’s linked transaction account offsets the loan balance, reducing their interest.
Access funds when needed
Your client could set up a redraw facility to access any extra home loan repayments they’ve made. Subject to Westpac's approval. Fees apply.
Take a breather
When your client is ahead on their home loan, they could take a break by using their extra repayments to make their usual repayments. Subject to Westpac's approval. Fees and conditions apply.
Loan top up
Your client has the option to apply for an increase in their home loan if they’re in need of extra funds. Credit criteria, fees, charges apply.
Things you should know
Credit criteria, fees, 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 does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement before deciding.
© 2016 Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.