A small change in a home loan interest rate can make a huge difference, especially if it's a mortgage for your first home.
That's why the BankWest Lite Home Loan has a low variable rate and no ongoing fees. It's a simple, flexible loan that lets you borrow up to 95% of your property value and choose a repayment plan that suits your cash flow.
Plus, we'll even refund your application fee if you keep the loan for three years.
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A low variable rate and heaps of other features:
- Low 9.18%p.a. variable rate - comparison rate of 9.19% p.a.# Read the Comparison Rate Schedule.
- Borrow up to 95% of the value of your property (conditions apply)*
- Minimum loan size $20,000
- Keep your Lite Home Loan for 3 years - and we'll return your application fee
- Choose weekly, fortnightly or monthly principal and interest payments
- Interest-only option available - but some conditions apply
- Pay more when you can, and reduce your monthly outgoings
- Application fee covers one standard valuation* and legal costs
- No ongoing fees to worry about
- Quick access to surplus funds via Home Loan Access
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What about the paperwork?
The job's not finished until the paperwork's done - and when you're buying a new property, that means conveyancing and settlement.
Our one-stop-shop experts can take care of everything quickly and without fuss - and you'll have the added convenience of being able to sign all your documents in one place.
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# WARNING: This 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. A Comparison Rate Schedule is available at any BankWest branch.
Comparison Rate based on a loan of $150,000 for a term of 25 years with an application fee of $500 refunded on the third anniversary of the loan.
