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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.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 3.58% p.a.2 3.59% 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.3 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.4 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 4.08% p.a. 3    4.09% p.a.
Interest Only 4.43% p.a.4 4.44% p.a.

 

First Home 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 Home Buyers.

Offer   Interest Rate Comparison rate^
5 Year Fixed Rate for First Home Buyers For Owner Occupier (Principal & Interest) home loans with a Premier Advantage Package#. Includes a 0.8% p.a. Premier Advantage Package discount. $395 annual package fee applies.
 
3.49% p.a.5 4.4% p.a.
5 Year Introductory Flexi First Option Home Loan for First Home Buyers 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.
3.48% p.a.6 3.55% 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 194KB)

 

*First Home Buyer home loan offers: The First Home Buyer Fixed Options Home Loan offer and the First Home Buyer Flexi First Option Home Loan offer are available for First Home Buyers only. First Home Buyers are applicants applying for their first home loan for their first property. For joint home loan applications, all applicants must be First Home Buyers. Not available to company and trust account holders.

 

1$2,000 Refinance Cashback: For new home loan refinance applications submitted from 01/7/2019 to 30/09/2019, with loan settled by 30/11/2019 and taken as part of the Premier Advantage Package. Offer current as at 01/07/2019. Minimum loan size of $250k per property refinanced. Only 1 cashback per property refinanced will be paid regardless of the number of loans involved. 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. 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. The cashback will be automatically deposited into this account within 60 days after settlement

 

2Flexi 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.

 

3Flexi 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.
 

4Flexi 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.
 

55 Year Fixed Options Home Loan First Home Buyer Offer: This offer is valid for applications from 11/06/2019 and may be varied or withdrawn at any time. The Rate Includes a 0.8% p.a. Premier Advantage Package discount which is inclusive of the existing 0.20% Premier Advantage Package discount on fixed rate home loans when the Premier Advantage Package is selected. 

 

65 Year Introductory Flexi First Option Home Loan For First Home Buyers:  This offer is valid for applications from 19/09/2018 and may be varied or withdrawn at any time. The Rate Includes a 0.85% p.a discount off our Flexi First Option Home Loan Principal and 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.