Equaliser Home Loan

A great rate, without the run-around


Competitive rate

Get a discount of 1.35% p.a. off the average of the standard variable rates of ANZ, NAB and Westpac for the first 3 years (owner occupiers). Minimum rate of 2.50% p.a. applies. Conditions apply.* These rates are available for new lending only.

After the first three years, you will receive our discounted standard variable rate*, currently 4.25% p.a. (comparison rate 4.17% p.a. ) for owner occupiers.


Flexible repayment options

Choose from weekly, fortnightly or monthly repayments, and make extra repayments at any time. Principal and interest repayments only.


Online redraw

Use our free online redraw facility to access extra funds at any time


Save on fees

No monthly maintenance fees

Advertised rates applicable for new lending only.


Rates for owner occupiers##

Your Loan Size Variable Rate Comparison Rate
$200k + Introductory 3 year rate 3.91% p.a.

After the intro period rate reverts to 4.25% p.a. *
4.17% p.a.



Description Fee
Application Fee (#1)

Currently waived, usually $695  
Transfer Fee
Home Loan Access

#1 - Includes legal fees for standard mortgage preparation and one standard valuation fee. Any amount in excess of the standard fees are to be met by the customer. The amount charged may vary depending on the type of valuation, the location of the property or the loan amount sought.

Fees subject to change without prior notice. NOTE: Other government and bank fees may be payable.

A full list of fees will be set out in your home loan contract.

Important things you should know:

* Bankwest Equaliser Home Loan Annual Percentage Rate is a variable 3 year introductory rate which is the higher of:

  • 2.50% p.a. ; or
  • The average of NAB Standard Variable Rate for home loans, Westpac P&I Variable Home Loan (owner occupier) rate, and ANZ Standard Variable Rate for home loans calculated twice per month, less 1.35% p.a.

Available to individuals and for new owner occupier loans over $200,000 for up to 80% of the property value with principal and interest repayments only. After the introductory period, the rate reverts to the Bankwest Standard Variable Rate for owner occupiers Mortgage Shredder Reference Rate less a discount of 1.10% p.a. Different discounts and revert rates apply for loans with investment purposes.

Information, including rates and discounts is subject to change.

## This rate is for owner occupiers only. Where the predominant purpose of the loan is for investment purposes then you will not be eligible for this rate. Note: investment purpose includes but is not limited to, funds for shares, land, construction or an established dwelling (including re-finance of investment loans) for investment purposes.

Comparison rate is calculated on the statutory assumption of a $150,000 loan over 25 years but the minimum required loan amount is $200,000. 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.


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© 2017 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.