How do I schedule my home loan repayments?

• 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.

• Tap on the menu ‘Make a payment'
• 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.

• Choose ‘Payments & transfers’ 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.

In either online banking or the app, go to ‘Payments & transfers’ then ‘Scheduled payments’.