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Special Offers & Promotional Interest Rates

Flexi First Home Loan promotional rates
Special offer on new Owner Occupier Loans

Flexi First Option Home Loan variable rate includes a 0.75% p.a.3 life of loan discount on new Owner Occupier loans with principal and interest repayments. Excludes internal refinances within Westpac Group.

No establishment fee - saving your client $600

Repayment type Interest rate
Comparison rate^
Principal & Interest 3.98% p.a.3 3.99% p.a.

Flexi First Investment Loan promotional rates
Special offer on new Investment Property Loans

Flexi First Option Investment Property Principal & Interest repayment loan variable rate includes a 0.8% p.a.4 life of loan discount on new loans Excludes internal refinances within Westpac Group.

Flexi First Option Investment Property Interest Only repayment loan variable rate includes a 0.71% p.a.5 life of loan discount on new loans. Offers exclude internal refinances within Westpac Group.

No establishment fee - saving your client $600

Repayment type Interest rate
Comparison rate^
Principal & Interest 4.48% p.a.4 4.49% p.a.
Interest Only 5.08% p.a.5 5.09% p.a.

 

First Time Buyer* home loan interest rates with principal and interest repayments

We can help your clients step into their first home with our exclusive offers for First Time Buyers.

Offer   Interest Rate Comparison rate^
5 Year Introductory First Time Buyer* Flexi First Option Home Loan Includes a 0.85% p.a. discount off our Flexi First Option Home Loan Variable Rate for the first 5 years and then roll onto a 0.75% p.a. discount off our Flexi First Option Home Loan Variable Rate for the life of the loan.
3.88% p.a.6 3.95% p.a.
5 Year Introductory First Time Buyer* Flexi First Option Investment Property Loan Includes a 1.1% p.a. discount off our Flexi First Investment Property Loan Variable Rate for the first 5 years and then roll onto a 0.8% p.a. discount off Flexi First Investment Property Loan Variable Rate for the life of the loan.
 
4.18% p.a.7 4.36% p.a.
3 Year First Time Buyer* Fixed Option Home Loan Includes a 0.3% p.a. discount off our 3 Year Fixed Rate Option Home Loan for 3 years on new Owner Occupier loans with principal and interest repayments. 3.69% p.a.8 5.06% p.a.
3 Year First Time Buyer* Fixed Rate Investment Property Loan Includes a 0.3% p.a. discount off our 3 Year Fixed Rate Investment Property Loan for 3 years on new Investment property loans with principal and interest repayments. 3.89% p.a.9 5.5% p.a.

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. Tax consequences may arise from these promotions for investors and customers should seek independent advice on any taxation matters.

Fixed interest rates: Interest Rates displayed are for Australian residents only. The Bank will apply the fixed rate that is available at the loan settlement date. 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.
 

^The comparison rate is based on a loan of $150,000 over a 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.
 

#Premier Advantage Package Conditions of Use and $395 annual package fee applies. Your clients must either hold or be approved for a Westpac Choice account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Before deciding to acquire a Westpac Choice account, they should read the terms and conditions, and consider whether the product is right for them.

Premier Advantage package Conditions of Use (PDF 1MB)

 

*First Time Buyers are applicants applying for their first home loan for their first property. First Time Buyer offers can be taken together however cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discounts. For joint home loan applications, all applicants must be First Time Buyers. Not available to company and trust account holders.
 

1$1,000 Purchase Rebate: For new home loan applications submitted from 01/02/2019 to 30/06/2019, with loan settled by 31/08/2019 and taken as part of the Premier Advantage Package. Offer current as at 01/04/2019. $250k minimum loan per property purchased. Only 1 rebate per property purchased will be paid regardless of the number of loans involved. Rebate will be automatically deposited into the customer’s Westpac home loan account within 2 months of settlement. Offer may be varied or withdrawn at any time. Excludes Owner Occupied Interest Only loans, Equity Access Loans, refinances and switches. Not available for residential lending originated under family or company trusts. 

 

2$2,000 Refinance Rebate: For new home loan refinance applications submitted from 07/11/2018 to 30/06/2019, with loan settled by 31/08/2019 and taken as part of the Premier Advantage Package. Offer current as at 01/04/2019. Minimum loan size of $250k per property refinanced. Only 1 rebate per property refinanced will be paid regardless of the number of loans involved. Rebate will be automatically deposited into the customer’s Westpac home loan account within 2 months of settlement. Offer may be varied or withdrawn at any time. Excludes switches and refinances of home loans within the  Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Not available for Owner Occupier Interest Only loans or residential lending originated under family or company trusts.

 

3Flexi First Option Home Loan with principal & interest repayments: This offer is valid for applications from 19/09/2018 and may be varied or withdrawn at any time. Includes a 0.75% p.a. discount off our Flexi First Option Home Loan Principal & Interest Variable Rate for the life of loan. Interest rates are subject to change.

 

4Flexi First Option Investment Loan with principal & interest repayments: This offer is valid for applications from 19/09/2018 and may be varied or withdrawn at any time. Includes a 0.8% p.a. discount off our Flexi First Option Investment Property Loan Principal & Interest Variable Rate for the life of loan. Interest rates are subject to change.
 

5Flexi First Option Investment Loan with interest only repayments: This offer is valid for applications from 19/09/2018 and may be varied or withdrawn at any time. Flexi First Option Investment Property Loan Includes a 0.71% p.a. discount off our Flexi First Option Investment Property Loan Interest Only Variable Rate for the life of loan. Interest rates are subject to change.
 

65 Year Introductory First Time Buyer Flexi First Option Home Loan: This offer is valid for applications from 19/09/2018 and may be varied or withdrawn at any time. Includes a 0.85% p.a. discount off our Flexi First Option Home Loan Principal & Interest Variable Rate for five years from loan settlement date reverting to a 0.75% p.a. discount off our Flexi First Option Home Loan Principal & Interest Variable Rate for the remaining loan term. Interest rates are subject to change.
 

75 Year Introductory First Time Buyer Flexi First Option Investment Loan: This offer is valid for applications from 19/09/2018 and may be varied or withdrawn at any time. Includes a 1.1%  p.a. discount off our Flexi First Option Investment Loan Principal & Interest Variable Rate for five years from loan settlement date reverting to a 0.8% discount off our Flexi First Option Investment Property Loan Principal & Interest Variable Rate for the remaining loan term. Interest rates are subject to change.
 

83 Year First Time Buyer Fixed Options Home Loan: This offer is valid for applications from 07/11/2018 and may be varied or withdrawn at any time. Includes a 0.3%  p.a. discount off our Fixed Rate Option Home Loan for three years from loan settlement date. The Bank will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences. At the end of the fixed rate period the interest rate will revert to the applicable Rocket Repay Home Loan interest rate for principal and interest repayments for the remaining loan term. Interest rates are subject to change.
 

93 Year First Time Buyer Fixed Rate Investment Property Loan: This offer is valid for applications from 07/11/2018 and may be varied or withdrawn at any time. Includes a 0.3%  p.a. discount off our 3 Year Fixed Rate Investment Property Loan for three years from loan settlement date. The Bank will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences. At the end of the fixed rate period the interest rate will revert to the applicable Rocket Investment Loan interest rate for principal and interest repayments for the remaining loan term. Interest rates are subject to change.