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Variable, Fixed and Line of Credit Home Loan Package rates

Below are our interest rates for Investment Property home loan under our optional home loan package, Premier Advantage Package. An annual package fee applies, currently $395.

Interest rates under Premier Advantage Package

Below are our home loan interest rates with principal and interest repayments, under our optional home loan package, Premier Advantage Package. An annual package fee applies, currently $395.

How our discounts and special offers work

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 that apply.

How to qualify for our Premier Advantage Package

To qualify and continue to receive the benefits of the Package you must either hold or be 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 2MB)

Find out more on the terms and conditions of the Premier Advantage Package. (PDF 1MB)

 

Variable interest rate home loans for principal and interest repayments under our home loan package,  Premier Advantage Package

Loan amount Loan  Package discount on new loans  Variable interest rate  Comparison rate1
$150,000 to $249,999 Total packaged home loans (new and existing loans). Rocket Investment Home Loan

Special offer2

0.6% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.33% p.a. 5.69% p.a..
$250,000 to $499,999 Total packaged home loans (new and existing loans). Rocket Investment Home Loan

Special offer2

0.8% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.13% p.a. 5.5% p.a.
$500,000 to $749,999 Total packaged home loans (new and existing loans). Rocket Investment Home Loan

Special offer2

0.85% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.08% p.a. 5.45% p.a.
$750,000 and above Total packaged home loans (new and existing loans). Rocket Investment Home Loan

Special offer2

0.9% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.03% p.a. 5.4% p.a.

Things you should know

Total packaged home loan(s) means all your new and existing home loans that are under Premier Advantage Package. An annual package fee applies, currently $395.

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.

2.  Special offer conditions

Special interest rate discounts are only available on:

  • On the applicable variable rate for Rocket Repay Home Loans, Rocket Investment Loans for principal and interest and interest only repayments and Equity Access Loans
  • Which are included in a Premier Advantage Package (Package).
  • Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.


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.

 

Interest rates under Premier Advantage Package

Below are our home loan interest rates with interest only repayments, under our optional home loan package, Premier Advantage Package. An annual package fee applies, currently $395.

How our discounts and special offers work

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 that apply.

How to qualify for our Premier Advantage Package

To qualify and continue to receive the benefits of the Package you must either hold or be 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 845kb).

Find out more on the terms and conditions of the Premier Advantage Package (PDF 64kb).

 

Variable interest rate home loans for interest only repayments under our home loan package,  Premier Advantage Package  

Loan amount Loan  Package discount on new loans  Variable interest rate  Comparison rate1
$150,000 to $249,999 Total packaged home loans (new and existing loans). Rocket Investment Home Loan

Special offer2

0.6% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.84% p.a. 6.19% p.a..
$250,000 to $499,999 Total packaged home loans (new and existing loans). Rocket Investment Home Loan

Special offer2

0.8% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.64% p.a. 6% p.a.
$500,000 to $749,999 Total packaged home loans (new and existing loans). Rocket Investment Home Loan

Special offer2

0.85% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.59% p.a.

 

5.95% p.a.

 

$750,000 and above Total packaged home loans (new and existing loans). Rocket Investment Home Loan

Special offer2

0.9% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.54% p.a. 5.9% p.a.

Things you should know

Total packaged home loan(s) means all your new and existing home loans that are under Premier Advantage Package. An annual package fee applies, currently $395.

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.

2.  Special offer conditions

Special interest rate discounts are only available on:

  • On the applicable variable rate for Rocket Repay Home Loans, Rocket Investment Loans for principal and interest and interest only repayments and Equity Access Loans
  • Which are included in a Premier Advantage Package (Package).
  • Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.


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.

Fixed interest rates on Fixed Rate Investment Property Loans for principal and interest repayments under our home loan package, Premier Advantage 

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

Term Package discount on new loan  Fixed interest rate Comparison rate4
1 year 0.2% p.a. off the fixed interest rate (conditions apply) 4.49% p.a. 5.61% p.a.
2 years 0.2% p.a. off the fixed interest rate (conditions apply)  3.89% p.a. 5.42% p.a.
3 years 0.2% p.a. off the fixed interest rate (conditions apply) 3.99% p.a. 5.33% p.a.
4 years 0.2% p.a. off the fixed interest rate (conditions apply) 4.79% p.a. 5.51% p.a.
5 years 0.2% p.a. off the fixed interest rate (conditions apply) 4.39% p.a. 5.3% p.a.
6 years 0.2% p.a. off the fixed interest rate (conditions apply) 6% p.a. 6.03% p.a.
7 years 0.2% p.a. off the fixed interest rate (conditions apply) 6.5% p.a. 6.35% p.a.
9 years 0.2% p.a. off the fixed interest rate (conditions apply) 6.5% p.a. 6.48% p.a.
10 years 0.2% p.a. off the fixed interest rate (conditions apply) 6.5% p.a. 6.53% p.a.

 

Things you should know

Total packaged home loan(s) means all your new and existing home loans that are under Premier Advantage Package. An annual package fee applies, currently $395.

Fixed 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.

4.  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.

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

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

Term Package discount on new loan  Fixed interest rate Comparison rate4
1 year 0.2% p.a. off the fixed interest rate (conditions apply) 4.39% p.a. 6.05% p.a.
2 years 0.2% p.a. off the fixed interest rate (conditions apply)  4.15% p.a. 5.87% p.a.
3 years 0.2% p.a. off the fixed interest rate (conditions apply) 4.29% p.a. 5.77% p.a.
4 years 0.2% p.a. off the fixed interest rate (conditions apply) 5.09% p.a. 5.93% p.a.
5 years 0.2% p.a. off the fixed interest rate (conditions apply) 4.95% p.a. 5.82% p.a.
6 years 0.2% p.a. off the fixed interest rate (conditions apply) 6.47% p.a. 6.51% p.a.
7 years 0.2% p.a. off the fixed interest rate (conditions apply) 6.97% p.a. 6.84% p.a.
9 years 0.2% p.a. off the fixed interest rate (conditions apply) 6.97% p.a. 6.96% p.a.
10 years 0.2% p.a. off the fixed interest rate (conditions apply) 6.97% p.a. 7.01% p.a.

Things you should know

Total packaged home loan(s) means all your new and existing home loans that are under Premier Advantage Package. An annual package fee applies, currently $395.

Fixed 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.

4.  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.

Interest rates under Premier Advantage Package

Below are our home loan interest rates with principal and interest repayments, under our optional home loan package, Premier Advantage Package. An annual package fee applies, currently $395.

How our discounts and special offers work

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 that apply.

How to qualify for our Premier Advantage Package

To qualify and continue to receive the benefits of the Package you must either hold or be 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 2MB)

Find out more on the terms and conditions of the Premier Advantage Package. (PDF 1MB)


Line of credit interest rates under our home loan package, Premier Advantage Package

Loan amount Loan  Package discount on new loans  Variable interest rate  Comparison rate1
$150,000 to $249,999 Total packaged home loans (new and existing loans). Equity Access Loan

Special offer2

0.6% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.96% p.a. N/A
$250,000 to $499,999 Total packaged home loans (new and existing loans). Equity Access Loan

Special offer2

0.8% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.76% p.a. N/A
500,000 to $749,999 above Total packaged home loans (new and existing loans). Equity Access Loan

Special offer2

0.85% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.71% p.a. N/A
$750,000 and above Total packaged home loans (new and existing loans). Equity Access Loan

Special offer2

0.9% p.a. off the applicable variable interest rate Conditions apply. Includes standard home loan package discount. Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

5.66% p.a. N/A

 

View our Equity Access Home Loan interest rates

Things you should know

Total packaged home loan(s) means all your new and existing home loans that are under Premier Advantage Package. An annual package fee applies, currently $395.

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.

2.  Special offer conditions

Special interest rate discounts are only available on:

  • On the applicable variable rate for Rocket Repay Home Loans, Rocket Investment Loans for principal and interest and interest only repayments and Equity Access Loans
  • Which are included in a Premier Advantage Package (Package).
  • Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

The interest rates, discounts and special offers are shown are for full documented loans. 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.

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.

Premier Advantage Package: Conditions of Use and a $395 annual package fee applies. 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 1MB)