Home loans help

FAQs

Understanding your home loan statement

Is my loan amount (principal) reducing?

Applying for a home loan

• What do I need to apply for a home loan?
• What do I need to apply for a construction loan?
• What's Loan to Value Ratio (LVR)?
• What’s Lenders’ Mortgage Insurance (LMI)?
• Getting conditional approval to look for a property
• How do I track the status of my home loan application?
• What is digital signing and how do I sign my home loan documents online?
• How much deposit do I need to take out a Bankwest home loan?
• Common home buying terms explained

Managing your home loan

Interest rates

• How do I find my home loan interest rate or account details?
• Why does my interest vary month to month?
• What happens if there’s an interest rate change?
• Can I switch or split my existing home loan between fixed and variable?

Repayments

• How do I make and change my home loan repayments?
• How do I schedule my home loan repayments?
• Why can’t I see my minimum monthly repayment as a transaction?
• Ways to help keep on track with your home loan or personal loan
• How do I redraw my extra home loan repayments?
• Making progress payments on your construction loan

Others

• When and how is the Complete Package Home Loan annual fee charged?
• What happens at the end of my fixed rate home loan period?
• Breaking your fixed rate home loan period early – things to consider
• How do I discharge my home loan?
• How can I reduce the limit on my home loan?

Guidance for every stage

Whether you’re preparing to buy a home or want to pay off your mortgage sooner, our guides can help.