Home Loans Comparison
| How to apply | How to apply | How to apply | How to apply | How to apply | How to apply | |
|
Premier Advantage Package discounts#
|
||||||
|
1.29% p.a. discount on loans over $150,000 |
1.29% p.a. discount on loans over $150,000 |
|
|
0.20% p.a. discount on loans over $150,000 |
0.2% p.a. discount on loans over $150,000 |
|
|
Loan establishment fee
|
||||||
|
$600 |
$600 |
Special offer No establishment fee – save $6007
|
Special offer No establishment fee – save $6007
|
$600 |
$600 |
|
|
Combination loan establishment fee
|
||||||
|
$600 |
$600 |
$600 |
$600 |
$600 |
$600 |
|
|
Monthly loan maintenance fee
|
||||||
|
$8
|
$8
|
|
|
$8
|
$8
|
|
|
Extra repayments6
|
||||||
|
|
|
|
|
Up to $30,0003 in fixed rate period
|
Up to $30,0003 in fixed rate period
|
|
|
Redraw6
|
||||||
|
|
|
$25 each
|
$25 each
|
$30,0003 maximum
|
$30,0003 maximum
|
|
|
Increase loan if you need additional funds6
|
||||||
|
$400 each |
$400 each |
$350 each |
$350 each |
|
|
|
|
Parental leave6
|
||||||
|
|
|
|
|
|
|
|
|
Repayment holiday6
|
||||||
|
|
|
|
|
|
|
|
|
Portability6
|
||||||
|
$300 per move |
$300 per move |
$350 per move |
$350 per move |
$300 per move |
$300 per move |
|
|
Progress draws (for construction)
|
||||||
|
$300 covers all |
$300 covers all |
$95 per draw |
$95 per draw |
$300 covers all |
$300 covers all |
|
|
Reduced repayments6
|
||||||
|
|
|
|
|
|
|
|
|
100% offset
|
||||||
|
|
|
|
|
|
|
|
|
Fixed rate lock in
|
||||||
|
|
|
|
|
Up to $30,0003 in fixed rate period
|
|
|
|
Combination loan
|
||||||
|
|
|
|
|
|
|
|
Things you should know
#Premier Advantage Package: Conditions of Use and a $395 annual package fee apply. You 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, read the terms and conditions, and consider whether the product is right for you.
Premier Advantage Package Conditions of Use (PDF 56KB)
1. Fees and charges and normal credit criteria apply. Interest rates and discounted margin are subject to change. Terms and Conditions apply and are available on request.
2. The comparison rate is based on a secured loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
3. Customers can make total prepayments of up to $15,000 (cumulative) for loans fixed prior to 21 March 2009, $25,000 (cumulative) for loans fixed between 21 March 2009 and 16 March 2012 or $30,000 (cumulative) for loans fixed on or after 17 March 2012, without costs or fees applying.
6. Subject to Bank's approval.
The above rates exclude any LVR discounts available for new loans.