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Fixed Home Loans Interest Rates

Below are the Fixed Option Home Loan and Fixed Rate Investment Property Loan interest rates with interest only repayments and also the lower interest rates you'll pay if you package your new loan under our optional home loan package, Premier Advantage Package. An annual package fee of $395 applies.

Choosing the right repayment type.

Fixed Options Home Loan interest rates for interest only repayments

Term Interest rate Comparison rate1
1 year 4.69% p.a. 5.85% p.a.
2 years 4.59% p.a. 5.73% p.a.
3 years 4.69% p.a. 5.65% p.a.
4 years 4.89% p.a. 5.63% p.a.
5 years 4.99% p.a. 5.61% p.a.

 

Fixed Rate Investment Property Loan interest rates for interest only repayments

Term Interest rate Comparison rate1
1 year 4.89% p.a. 6.29% p.a.
2 years 4.79% p.a. 6.14% p.a.
3 years 4.79% p.a. 6.01% p.a.
4 years 5.19% p.a. 6.03% p.a.
5 years 5.19% p.a. 5.95% p.a.
6 years 6.67% p.a. 6.62% p.a.
7 years 7.17% p.a. 6.94% p.a.
9 years 7.17% p.a. 7.03% p.a.
10 years 7.17% p.a. 7.07% p.a.

  

Fixed Option Home Loan interest rates for interest only repayments under our home loan package, Premier Advantage package

On new Fixed Option Home Loan interest rate where packaged home loans total $150,000 or more.

 

Term Package discount on new loan  Interest rate Comparison rate1
1 year 0.2% p.a. off the interest rate (conditions apply) 4.49% p.a. 5.52% p.a.
2 years 0.2% p.a. off the interest rate (conditions apply)  4.39% p.a. 5.44% p.a.
3 years 0.2% p.a. off the interest rate (conditions apply) 4.49% p.a. 5.4% p.a.
4 years 0.2% p.a. off the interest rate (conditions apply) 4.69% p.a. 5.41% p.a.
5 years 0.2% p.a. off the interest rate (conditions apply) 4.79% p.a. 5.41% p.a.

 

 

Fixed Rate Investment Property Loan interest rates for interest only repayments under our home loan package, Premier Advantage package.

On new Fixed Rate Investment Property Loans where packaged home loans total $150,000 or more.

 

 

Term Package discount on new loan  Interest rate Comparison rate1
1 year 0.2% p.a. off the interest rate (conditions apply) 4.69% p.a. 5.96% p.a.
2 years 0.2% p.a. off the interest rate (conditions apply)  4.59% p.a. 5.84% p.a.
3 years 0.2% p.a. off the interest rate (conditions apply) 4.59% p.a. 5.75% p.a.
4 years 0.2% p.a. off the interest rate (conditions apply) 4.99% p.a. 5.81% p.a.
5 years 0.2% p.a. off the interest rate (conditions apply) 4.99% p.a. 5.76% p.a.
6 years 0.2% p.a. off the interest rate (conditions apply) 6.47% p.a. 6.44% p.a.
7 years 0.2% p.a. off the interest rate (conditions apply) 6.97% p.a. 6.78% p.a.
9 years  0.2% p.a. off the interest rate (conditions apply) 6.97% p.a. 6.91% p.a.
10 years 0.2% p.a. off the interest rate (conditions apply) 6.97% p.a. 6.97% p.a.

 

 

 

Interest rates shown are for fully documented loans. Find out more about our home loan package, Premier Advantage Package. Total packaged home loan(s) means all your new and existing home loans that are under Premier Advantage Package.

Things you should know

Premier Advantage Package Terms and Conditions (PDF 1MB)

Discounts do not apply to internal refinances and are not transferable between loans. Package benefits cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discounts.

The discount on existing loans within a package is that offered at the time you settled your loan.  Any new packaged loans will have the benefit of the discounts set out above, subject to any conditions apply.

To qualify and continue to receive the benefits of the Package you must either hold or are approved for a Westpac Choice transaction account.  Before deciding to acquire a Westpac Choice account, consider whether it is appropriate for you by reading the terms and conditions for this account in our Deposit Accounts for Personal and Self-Managed Superannuation Fund Customers terms and conditions (PDF 1MB)

 

1. More on comparison rates

This comparison rate is based on a secured loan of $150,000 over the term of 25 years.  WARNING: The comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.