For an annual package fee of $395, you can make the most of your package by choosing to add...
A home loan package with all the good stuff
A home loan that ticks all the boxes. With our Complete Home Loan Package, you can enjoy our great variable or fixed rates, plus the flexibility to add on other good stuff – like multiple offset accounts and an eligible credit card. 1 Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.
Package loan options
What's the difference between a property to live in and an investment purpose
?
Our fixed rate is something to smile about
Complete Fixed rate option
- Choose to add a 40% offset facility – you'll pay no monthly offset fees. Other fees and charges may apply 1 Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.
- Extra repayments up to $10,000 a year.
6.29%
p.a.
3 year fixed rate
7.16%
p.a.
Comparison rate
For borrowings up to 80% of the property value and loan sizes of $200,000+.
For principal and interest repayments
?
Understand the comparison rate
Complete Fixed rate option
- Choose to add a 40% offset facility – you'll pay no monthly offset fees. Other fees and charges may apply 1 Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.
- Extra repayments up to $10,000 a year.
6.49%
p.a.
3 year fixed rate
7.84%
p.a.
Comparison rate
For borrowings up to 90% (including Lenders Mortgage Insurance) of the property value and loan sizes of $200,000+.
For principal and interest repayments
?
Understand the comparison rate
Complete Variable rate option
Receive a flexible variable loan with a discount off Bankwest's standard variable rate. 4
- Make unlimited extra repayments
- Choose to add a 100% offset facility – you'll pay no monthly offset fees. Other fees and charges may apply. 1 Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.
6.99%
p.a.
Variable rate
7.37%
p.a.
Comparison rate
For borrowings up to 90% (including Lenders Mortgage Insurance) of the property value and loan sizes of $200,000+. Various tiers apply.
For principal and interest repayments
?
Understand the comparison rate
Complete Variable rate option
Receive a flexible variable rate loan with a discount off Bankwest's standard variable rate. 4
- Make unlimited extra repayments
- Choose to add a 100% offset facility – you'll pay no monthly offset fees. Other fees and charges may apply. 1 Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.
7.89%
p.a.
Variable rate
8.26%
p.a.
Comparison rate
For borrowings up to 95% (including Lenders Mortgage Insurance) of the property value and loan sizes of $200,000+.
For principal and interest repayments
?
Understand the comparison rate
A home loan that ticks all the boxes
Variable, fixed or split loan
Choose a Complete Variable or Complete Fixed Home Loan or split between them. You can also switch between the two at any time later. Other fees and charges, like break fees of a fixed rate loan, may apply.
Up to nine offset accounts
Slice and dice your money into multiple offset accounts to help you manage your money while saving on home loan interest.
You'll pay no monthly offset fees, and you can easily open single and joint offset accounts in the Bankwest App. Other fees and charges may apply. 1 Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.
An optional eligible credit card
Add an eligible credit card and pay no annual credit card fee. Choose from a card that lets you earn reward points or has a low ongoing purchase rate - whichever suits you best. Other fees and charges may apply. 5
More good stuff to suit your needs
Fees
|
Type of fees |
Amount |
|---|---|
|
Annual Package fee
?
This is charged to the nominated home loan.
|
$395
|
|
Redraw fee (Redraw is not available with fixed loans during the fixed term)
7
|
$0
|
|
Settlement attendance fee (Legal disbursement fee)
?
Applies when we take a new security.
|
$250
|
Note: When you buy a property, other fees may apply, including government and bank fees. Calculate yours.
Rates and fees are subject to change. A full list of fees will be set out in your home loan contract.
Download the Key Facts Sheet for this product.
What’s the comparison rate?
It’s a tool that can help you identify the truer cost of a loan. It’s calculated using a standard formula that includes the interest rate, as well as certain fees and charges relating to a loan (not all fees and charges are included).
Comparison rate warning:
Comparison rate is calculated on the statutory assumption of $150,000 loan over 25 years but the minimum required loan amount is $200,000 for the Complete Home Loan Package. Different rates apply for different loan amounts and may depend on the duration of a fixed rate period or the ratio of the loan amount to the property value. 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.
- Download the Choosing Your Home Loan Repayment Option customer information sheet (PDF)
- Download the Mortgage Saver Offset Facility customer information sheet (PDF)
- Download the Complete Home Loan Package customer information sheet (PDF)
- Download the Variable & Fixed Interest Rate Home Loans customer information sheet (PDF)
Offset Transaction Account terms and conditions:
The relevant Product Schedule together with all of the related documents form the complete Product Disclosure Statement for this product.
Product Schedule:
Related documents:
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Reason to celebrate
Awarded by you in Money magazine's Consumer Finance Awards 2023.
- Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.
- Before going into a fixed-rate loan, it's worth thinking about the implications should you decide to break the loan during the fixed period, as break fees may apply.
- At the end of the fixed rate period, you’ll roll on to our Standard Variable Rate, minus the discount outlined in your loan contract. For owner occupiers the rate is the Standard Variable Reference Rate or the Standard Variable Interest Only Reference Rate. For investment purposes the standard variable rate is the Investor Variable Reference Rate or the Investor Variable Interest Only Reference Rate.
- For owner occupiers the standard variable rate is the variable Standard Variable Reference Rate or the Standard Variable Interest Only Reference Rate. For investment purposes the standard variable rate is the Investor Variable Reference Rate or the Investor Variable Interest Only Reference Rate. See our home loan reference rates.
- Under the package, only one optional Bankwest Qantas Mastercard, Bankwest More Mastercard or Breeze Mastercard account is allowed per customer. Minimum credit limit is $3,000 for the Bankwest Qantas Platinum Mastercard, $1,000 for the Bankwest More Classic Mastercard and the Breeze Classic Mastercard, and $6,000 for the Bankwest More Platinum Mastercard and Breeze Platinum Mastercard, and $12,000 for the Bankwest More World Mastercard and Bankwest Qantas World Mastercard.
- If you decide to pay interest only, only monthly repayments are permitted.
- For loans requiring two or more people to authorise changes or payments, you won't be able to redraw through the Bankwest App or online banking.
Redraw is not available while an account is on a Fixed Rate. This feature will be available once the Fixed Rate term ends. Eligible customers who receive a cashback payment into their Fixed Rate home loan account can access those funds upon request. - Application tracker not available on lines of credit. Other exclusions may apply.
- Digital signing excludes home loan transfers. Other exclusions apply. Due to state laws, restrictions apply to digitally signing the Mortgage Form in some States and Territories. Customers must have access to a device (computer or tablet recommended) with internet and email access.
Complete Home Loan Package:
Lending and eligibility criteria, and fees and charges apply – including an annual package fee of $395. Available to individuals only. Minimum initial loan size $200,000. Rates are subject to change. Package consists of an eligible home loan, one optional eligible credit card per customer and up to nine optional Offset Transaction Accounts per loan.
If you take out a Bankwest home loan for investment purposes, you will be contacted by Deppro Pty Ltd. Bankwest does not endorse or approve the depreciation schedule prepared by Deppro Pty Ltd.
Where inclusion of Lender's Mortgage Insurance results in increased LVR, different rates may apply.
Package consists of an eligible home loan, one optional eligible credit card per customer and up to nine optional Offset Transaction Accounts per loan.
The Complete Home Loan Package is closed when all home loans included in the package are closed.
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