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Lock in a fixed rate in three easy steps

Because you’re an existing home loan customer, switching your loan from variable to fixed is simple. 

Step 1.

Sign into Online Banking or open the Westpac App, then select your home loan.


Step 2.


Go to Switch to a fixed rate home loan.


Scroll to the bottom, go to Home loan settings, then Switch to fixed rate.

Step 3.

Select Let’s Get Started, then choose your fixed rate interest term.


Lock in your new fixed interest rate online now, or find out more about what you should do when your fixed rate period ends.

Plan ahead

What are your plans for your home in a year, 2 years or even 5 years? Planning ahead can ensure you get the best outcome for your future and the home loan that best fits your needs.

Staying put

I’ve no plans to move. I want the advantages of a fixed rate loan.

Our top picks:

Renovating or extending

I’m looking to make some improvements over the next few years.

Our top picks: 

Moving on

I'm selling my home in the next year and want to buy a new home. 

Our top picks:

Our featured rates

2-year Fixed Options Home Loans with principal and interest repayments.

For a property to live in


4.89% p.a.^

fixed rate


4.59% p.a.

comparison rate*

2 Year Owner Occupier Fixed Options home loan with Principal and Interest repayments on the Premier Advantage Package# ($395 annual package fee applies). 

For an investment property​


4.99% p.a.^

fixed rate  


5.04% p.a.

comparison rate*

2 Year Fixed Rate Investment Property loan with Principal and Interest repayments and the Premier Advantage Package# ($395 annual package fee applies). 


Try our handy home loan calculators, they helped over 80,000 customers last month.


What else can I do?

If you’re not sure about switching to fixed, you can stay on variable or even split your loan for the best of both worlds. 

Split for flexibility

Combining the benefits of a variable rate with the certainty of a fixed rate loan.

Benefits to switching

Protect yourself from rate rises, lock in a rate for the period that works for you.

Other options

Continue on the variable path with optional features to fit your needs.

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.

^Fixed rate home loan: Interest rate(s) displayed is for Australian Residents only. Rates quoted are based on today’s rate and on your repayment type and loan purpose. Your new fixed interest rate is the rate that applies on the day you submit your request. 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. Fixed rates are also available to existing variable rate home loan customers looking to fix all or part of their loan.

*Comparison rate: The comparison rate is based on a loan of $150,000 over the 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.

#Premier Advantage Package: Conditions of Use and $395 annual package fee applies. You must either hold or be approved for a Westpac Choice transaction account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Applicants must have a Westpac Choice transaction account linked to the home loan at the time of settlement and must keep this account open for 60 days after settlement. Before deciding to acquire a Westpac Choice account, read the terms and conditions, and consider whether the product is right for you. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.
Premier Advantage Package Conditions of Use (PDF 88KB)

This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information to your own circumstances and, if necessary, seek appropriate professional advice.