At the end of the fixed rate period you may be able to fix the rate at a new fixed interest rate for a further period. If a further fixed rate is not entered into you will revert to the Mortgage Shredder Reference Rate , and the rate reverted to will be dependent on the purpose of the loan (and monthly offset fee may apply). The Bankwest Fixed Rate is only available to individuals, trusts and non-trading companies. Minimum loan amount is $20,000. Lending criteria and fees and charges apply. Terms and conditions apply and are available on request.
Additional margins apply on selected fixed rate terms when the loan purpose is for investment purposes. This includes but is not limited to, funds for shares, land, construction or an established dwelling (including re-finance of investment loans) for investment purposes. Where a loan contains multiple purposes, if any purpose is for investment purposes then the additional margin will apply to the whole facility.
You should consider the Product Disclosure Statement
(PDS) and whether the product is right for you. A PDS is available from your local Bankwest store, from bankwest.com.au, or by calling
13 17 19. $10 per month offset fee applies at the end of the fixed term.