How do I schedule my home loan repayments?

You can choose to either manually schedule repeating home loan repayments in the Bankwest App or Bankwest Online Banking, or you can ask us to set up automatic direct debits.

When scheduling your repayments, keep in mind:

  • If you’re making interest only payments, only monthly payments are permitted. If you’re making principal and interest repayments, you can choose to make weekly, fortnightly or monthly repayments
  • Whether you’re scheduling your payments monthly, fortnightly or weekly, make sure you’re repaying at least the amount you need to each month to meet the terms of your home loan contract (the minimum monthly repayment amount)
  • If you have a fixed rate loan and you’re paying anything above the minimum monthly repayment amount, keep in mind that the extra repayment limit is up to $10,000 a year.

Manually scheduling your home loan repayments

In the app:

  • Tap on ‘Make a payment’ from your ‘Home’ or ‘Payments’ screens
  • Choose the account to pay from
  • Tap the home loan account to pay to
  • Enter the amount you want to pay
  • Tap ‘Repeat’ and choose a frequency option to schedule your repeating home loan repayments.

In online banking:

  • Click 'Payments' in the menu
  • Go to ‘Make a payment
  • Choose ‘Internal transfer
  • Select the account to pay from
  • Choose a frequency option to schedule your repeating home loan repayments.

Note that if you have automatic direct debits already set up with us to pay your Bankwest home loan and you want to make manual repayments instead, you’ll need to call us on 13 17 19 to cancel your direct debit payments.

Want to pay from a non-Bankwest bank account? Check with that financial institution to see how you can set up your own repayments to your Bankwest home loan.

Editing and deleting your manually scheduled home loan repayments

In the app:

  • Tap ‘Payments’ in the bottom menu​
  • Choose ‘Scheduled’ at the top the screen.​

In online banking:

  • Choose ‘Payments’ in the menu​
  • Go to ‘Scheduled payments’.

Scheduling regular direct debits with us

If you’d prefer for us to set up automatic direct debits from any of your bank accounts to your Bankwest home loan account, give us a call on 13 17 19.

You can also fill out a Direct Debit Request Form (PDF) and email it to us. Please refer to the details provided within the form.

Need more help?

Talk to a Home Lending Specialist – when and where it suits you.