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Line of Credit Interest Rates

Below is the applicable variable interest rate for the Equity Access Loan and also the lower rates you'll pay if you package your new loan under our optional home loan package, Premier Advantage Package. An annual fee of $395 applies.

Variable interest rate for Equity Access Loan

Loan Variable Interest rate 
Equity Access Loan 6.42% p.a.

Equity Access Loan interest rates under our home loan package, Premier Advantage Package   

Loan amount
Package discount on new loan Variable interest rate

$150,000 - $249,999

Your total packaged home loans - new and existing

Special Offer1

0.6% p.a. off the applicable interest rate

Conditions apply. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.82% p.a.

$250,000 - $499,999

Your total packaged home loans - new and existing

Special Offer1

0.8% p.a. off the applicable interest rate

Conditions apply. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.62% p.a.

$500,000 - $749,999

Your total packaged home loans - new and existing

Special Offer1

0.85%

off the applicable interest rate

Conditions apply. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

 

 

5.57% p.a.

 

 

$750,000 and above

Your total packaged home loans - new and existing

Special Offer1

0.9% p.a. off the applicable interest rate

Conditions apply. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.52% p.a.

Interest rates shown are for full doc 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

    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.


    1. Special offer conditions

    Special interest rate discounts are only available:

     - On the applicable variable rate for Equity Access Loans

     - Which are included in a Premier Advantage Package (Package)

     - Special limited time offer available from 19 September 2016 which may be withdrawn or varied at any time.

    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).

    Special rate discount applies only to full doc loans and includes the standard package discount of 0.70% for loans of $250,000 or more and 0.40% for loans between $150,000 and $249,999.