Home Loans Comparison

Rocket Repay Home Loan	Rocket Investment Loan	Flexi First Option Home Loan	Flexi First Option Investment Loan	Fixed Options Home Loan	Fixed Rate Investment Property Loan
How to apply	How to apply	How to apply	How to apply	How to apply	How to apply
Interest rate - Principal and Interest
Variable rate 5.24% p.a.¹	Variable rate 5.79% p.a.	Variable rate Special offer - for new loans⁷ 3.88% p.a. (0.71 % p.a.* discount off Flexi First Option Home Loan variable interest rate with 0.15% p.a. ongoing discount)⁷ Existing loans 4.59% p.a.	Variable rate Special offer - for new loans⁷ 4.18% p.a. (0.96%** discount off Flexi First Option Home Loan variable interest rate with 0.22% p.a. ongoing discount)⁷ Existing loans 5.14% p.a.	1 year 4.19% p.a. 2 years 4.08% p.a. 3 years 4.19% p.a. 4 years 4.39% p.a. 5 years 4.39% p.a.	1 year 4.39% p.a. 2 years 4.39% p.a. 3 years 4.44% p.a. 4 years 4.69% p.a. 5 years 4.69% p.a. 6 years 6.2% p.a. 7 years 6.7% p.a. 9 years 6.7% p.a. 10 years 6.7% p.a.
Home loan comparison rate² - Principal and Interest
5.38% p.a.	5.93% p.a.	Special offer - for new loans 4.47% p.a*** (0.71 % p.a.* discount off Flexi First Option Home Loan variable interest rate with 0.15% p.a. ongoing discount)⁷ Existing loans 4.64% p.a.	Special offer - for new loans 4.97% p.a* (0.96% discount off Flexi First Option Home Loan variable interest rate with 0.22% p.a. ongoing discount)⁷ Existing loans 5.19% p.a.	1 yr 5.27% p.a.³ 2 yr 5.16% p.a.³ 3 yr 5.09% p.a.³ 4 yr 5.08% p.a.³ 5 yr 5.02% p.a.³	1 yr 5.79% p.a.³ 2 yr 5.66% p.a.³ 3 yr 5.55% p.a.³ 4 yr 5.54% p.a.³ 5 yr 5.46% p.a.³ 6 yr 6.13% p.a.³ 7 yr 6.44% p.a.³ 9 yr 6.54% p.a.³ 10 yr 6.59% p.a.³
Interest rate - Interest Only
Variable rate 5.83%¹	Variable rate 6.30%	Variable rate Special offer - for new loans⁷ 4.47% p.a.*** (0.71 % p.a.* discount off Flexi First Option Home Loan variable interest rate with 0.35% p.a. ongoing discount)⁷ Existing loans 5.18% p.a.	Variable rate Special offer - for new loans⁷ 4.88% p.a. (0.77%p.a.** discount off Flexi First Option Investment Loan interest rate with 0.42% p.a. ongoing discount)⁷ Existing loans 5.65% p.a.	1 year 4.69% p.a. 2 years 4.59% p.a. 3 years 4.69% p.a. 4 years 4.89% p.a. 5 years 4.99% p.a.	1 year 4.89% p.a. 2 years 4.79% p.a. 3 years 4.79% p.a. 4 years 5.19% p.a. 5 years 5.19% p.a. 6 years 6.67% p.a. 7 years 7.17% p.a. 9 years 7.17% p.a. 10 years 7.17% p.a.
Home loan comparison rate - Interest only
5.97% p.a.	6.43% p.a.	Special offer - for new loans 5.05% p.a *** (0.71 % p.a.* discount off Flexi First Option Home Loan variable interest rate with 0.35% p.a. ongoing discount)⁷ Existing loans 5.23% p.a.	Special offer - for new loans 5.51% p.a* (0.96% discount off Flexi First Option Home Loan variable interest rate with 0.42% p.a. ongoing discount)⁷ Existing loans 5.7% p.a.	1 yr 5.85% p.a.³ 2 yr 5.73% p.a.³ 3 yr 5.65% p.a.³ 4 yr 5.63% p.a.³ 5 yr 5.61% p.a.³	1 yr 6.29% p.a.³ 2 yr 6.14% p.a.³ 3 yr 6.01% p.a.³ 4 yr 6.03% p.a.³ 5 yr 5.95% p.a.³ 6 yr 6.62% p.a.³ 7 yr 6.94% p.a.³ 9 yr 7.03% p.a.³ 10 yr 7.07% p.a.³
Home loan package⁴
0.80%	0.80%			0.20% discount on loans over $150,000	0.2% discount on loans over $150,000
Loan establishment fee
$600	$600	$600	$600	$600	$600
Combination loan establishment fee
$600	$600	$600	$600	$600	$600
Monthly loan maintenance fee
$8	$8			$8	$8
Extra repayments⁶
				Up to $30,000³in fixed rate period	Up to $30,000³in fixed rate period
Interest only

Redraw⁶
		$25 each	$25 each	$30,000³maximum	$30,000³maximum
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
SmartPay

Reduced repayments⁶

100% offset

Fixed rate lock in
				Up to $30,000³in fixed rate period
Combination loan

Things you should know

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.

4. Special rate discount applies only to full doc loans and includes the standard package discount of 0.70% p.a. for loans of $250,000 or more and 0.40% p.a. for loans between $150,000 and $249,999 (annual package fee applies, currently $395). The discount is not applicable to Flexi First Option Home Loan and Flexi First Option Investment Property Loan.

5. Other fees and charges apply.

6. Subject to Bank's approval.

7. Limited Time Special Offer

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. Offer commences 14^th November 2016. Offer is only available for a limited time and may be withdrawn at any time.
This special offer is only available on new Flexi First Option Home and Investment Loans with principal and interest and interest only repayments. Discounts do not apply to internal switches. Offer cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discounts. Not available to company and trust account holders.

*Includes a 0.71% p.a. discount off our Flexi First Option Home Loan Variable Rate for three years from loan settlement date reverting to a 0.15% p.a. discount off the then applicable variable Flexi First Option Home Loan interest rate for the remaining loan term. Interest rates are subject to change.

**Includes a 0.96%p.a. discount off our Flexi First Option Investment Loan Variable Rate for three years from loan settlement date reverting to a 0.22% p.a. discount off the then applicable variable Flexi First Option Investment Loan interest rate for the remaining loan term. Interest rates are subject to change.

***This comparison rate for the Flexi First Option Home and Investment Loan 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.