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Latest news on the RBA (Reserve Bank of Australia) cash rate


Interest rates for Low Doc loans under our home loan package, Premier Advantage Package

Below are the home loan interest rates on our eligible Low Doc loans with principal and interest repayments, under our optional home loan package, Premier Advantage Package. An annual package fee of $395 applies.

 

Variable interest rates on Low Doc loans with principal and interest repayments under our home loan package, Premier Advantage Package  


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

Special offer2

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 Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

4.69% p.a. 5.09% p.a.
Rocket Investment Home Loan 4.96% p.a. 5.36% p.a.
$250,000 to $499,999 Total packaged home loans (new and existing). Rocket Repay Home Loan

Special offer2

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 Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

4.49% p.a. 4.89% p.a.
Rocket Investment Home Loan 4.76% p.a. 5.16% p.a.
$500,000 to $749,999 Total packaged home loans (new and existing). Rocket Repay Home Loan

Special offer2

0.85% 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 Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

4.44% p.a.

4.85% p.a.

 

Rocket Investment Home Loan

4.71% p.a.

5.11% p.a.
$750,000 and above Total packaged home loans (new and existing). Rocket Repay Home Loan

Special offer2

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 Special limited time offer available from 19/09/2016 which may be withdrawn or varied at any time.

4.39% p.a. 4.8% p.a.
Rocket Investment Home Loan 4.66% p.a. 5.06% p.a.

View our Rocket Repay Home Loan interest rates for principal and interest repayments.

View our Rocket Repay Home Loan interest rates for interest only repayments.

Line of credit interest rates on Low Doc loans under our home loan package, Premier Advantage Package

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

Special offer2

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.

5.05% p.a. N/A
$250,000 to $499,999 Total packaged home loans (new and existing). Equity Access Loan

Special offer2

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.

4.85% p.a.

 

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

Special offer2

0.85% p.a. off the applicable interest rate

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

4.80% p.a. N/A
$750,000 and above Total packaged home loans (new and existing). Equity Access Loan

Special offer2

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.

4.75% p.a. N/A

View our Equity Access Home Loan interest rates

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.

 

Fixed Options Home Loan Low Doc interest rates with principal and interest repayments under our home loan package, Premier Advantage package

On new Fixed Options Home Loan interest rates 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) 4.39% p.a. 5.34% p.a.
2 years 0.2% p.a. off the interest rate (conditions apply)  3.75% p.a. 5.16% p.a.
3 years 0.2% p.a. off the interest rate (conditions apply) 3.85% p.a. 5.09% p.a.
4 years 0.2% p.a. off the interest rate (conditions apply) 4.59% p.a. 5.25% p.a.
5 years 0.2% p.a. off the interest rate (conditions apply) 3.85% p.a. 4.92% p.a.

View our Fixed Options Home Loan interest rates for principal and interest repayments.

View our Fixed Options Home Loan interest rates for interest only repayments.

Fixed Rate Investment Property Loan Low Doc interest rates 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) 4.66% p.a. 5.36% p.a.
2 years 0.2% p.a. off the interest rate (conditions apply)  3.89% p.a. 5.19% p.a.
3 years 0.2% p.a. off the interest rate (conditions apply) 3.99% p.a. 5.12% p.a.
4 years 0.2% p.a. off the interest rate (conditions apply) 4.86% p.a. 5.35% p.a.
5 years 0.2% p.a. off the interest rate (conditions apply) 3.99% p.a. 4.98% p.a.
6 years 0.2% p.a. off the interest rate (conditions apply) 6% p.a. 5.89% p.a.
7 years 0.2% p.a. off the interest rate (conditions apply) 6.5% p.a. 6.24% p.a.
9 years  0.2% p.a. off the rate (conditions apply) 6.5% p.a. 6.4% p.a.
10 years 0.2% p.a. off the interest rate (conditions apply) 6.5% p.a. 6.47% p.a.
12 years 0.2% p.a. off the interest rate (conditions apply) 6.6% p.a. 6.66% p.a.

View our Fixed Investment Property Home Loan interest rates for principal and interest repayments.

View our Fixed Investment Property Home Loan interest rates for interest only repayments.

 

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 Conditions of Use (PDF 63KB)

Fees and charges, Terms and Conditions and normal credit criteria apply.  Interest rates and Premier Advantage package discount margins are subject to change- including before you settle a loan. Terms and conditions are available on request.

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. 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 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 (PDF 360KB).

Special rate discount applies only to low doc loans and includes the standard package discount of 0.70% for loans of $500,000 or more, 0.70% for loans between $250,000 and $499,999 and 0.40% for loans between $150,000 and $249,999.