Home loans help

How much deposit do I need to take out a Bankwest home loan?

It depends on your loan type, whether Lenders Mortgage Insurance (LMI) is required and if a family member is providing a guarantee. The standard deposit is 20% of the purchase price of the property, but you may be able to borrow up to 95% on some home loans (LMI applies). But hey, we’re flexible – tell us what you need and we’ll do our best to accommodate you. Chat to a Bankwest Home Finance Manager to see how we can help.

Remember, you’ll need to factor in stamp duty and fees, check out our calculator to get an idea of potential upfront costs.

Read our guide to how much deposit you’ll need.

Not what you were looking for? See all home loans questions.

Need more help?

You can message us in the Bankwest App or online banking, or call us - we're here 24/7.