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 Loan Specialist 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.

 

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Need more help?

If you still need help you can speak to someone from the team.