Home loans

Whether you’re buying your first home, your next home or an investment property, Bankwest has a range of home loans to help get you there.

Benefits

Help along the way

Our Home Loan Specialists guide you through the entire process.

A range of home loans

We offer variable, fixed, equity and reverse mortgage loans. Find out more about what this means for you.

Flexible repayments

Choose to make weekly, fortnightly or monthly repayments. 2 If you decide to pay interest only, only monthly repayments are permitted.
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Up to 100% offset available

Pair an offset account with your eligible home loan and you could save on interest. 1 Offset Transaction Account not available with our Complete Equity, Equaliser and Seniors Equity Release home loans and must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loan. Other exclusions apply. Close

Here's how we can help you

Whether you're buying a new home to live in, investing in property, keen to refinance your existing loan, or looking at building or renovating, Bankwest can help you reach your property goals.

We can provide you with information you might need to help you buy a home.

Here are some helpful guides that could help you build wealth with bricks and mortar.

When was the last time you looked at your home loan? It might be time for a fresh start.

Being financially prepared can help make the journey to a new build or home improvement easier.

Our home loans

What's the difference between a property to live in and an investment purpose ?

Show me home loans for

Complete Home Loan Package

The Complete Package lets you choose between a Complete Fixed or Complete Variable loan and bundle it with an eligible credit card and offset account. Or you can choose the Complete Equity loan and pair it with an eligible credit card.

  • $395 annual fee, no application fee
  • Option of a fixed or variable rate (or split your loan between them)
  • Up to 100% offset available 1 Offset Transaction Account not available with our Complete Equity, Equaliser and Seniors Equity Release home loans and must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loan. Other exclusions apply. Close

3.99 %
p.a.

Variable rate

4.41 %
p.a.

Comparison rate

Complete Variable home loan rate for new borrowings up to 90% of the property value and loan sizes of $200,000+. 3 For Complete Fixed and Complete Equity loans, different rates apply. For borrowings between 90% and 95% of the property value different rates and comparison rates apply. Investors can only borrow up to 90% of the property value. Close
For principal and interest repayments 11
Comparison rate warning

Variable Rate Home Loan

Offering a discount off Bankwest's standard variable rate, the Premium Select home loan currently has a $0 application fee (usually $695). 6

  • $0 monthly and annual fees
  • 100% offset account available 8 Offset facility must be held in the same name as the loan account. Other exclusions apply. Close
  • Make extra repayments any time

4.09 %
p.a.

Variable rate

4.11 %
p.a.

Comparison rate

For new borrowings up to 80% of the property value. 5 For borrowings between 80% and 90% of the property value, different rates and comparison rates apply. Investors can only borrow up to 90% of the property value. Close 
For principal and interest repayments 11
Comparison rate warning

Variable Rate Home Loan

Offering a discount off Bankwest's standard variable rate, the Premium Select home loan currently has a $0 application fee (usually $695). 6

  • $0 monthly and annual fees
  • 100% offset account available 8 Offset facility must be held in the same name as the loan account. Other exclusions apply. Close
  • Make extra repayments any time

4.69 %
p.a.

Variable rate

4.71 %
p.a.

Comparison rate

For new borrowings up to 90% of the property value.
For principal and interest repayments 11
Comparison rate warning

Fixed Rate Home Loan

For those who want the certainty of regular repayments, the Fixed Rate Home Loan lets you lock in your interest rate for one to five years.

  • Save $400 on the application fee
  • Fix from one to five years
  • 40% offset account available 7 Offset account must be held in the same name as the loan account. Other exclusions apply. No offset fee applies during the fixed term although a $12 monthly loan maintenance fee applies. At the end of the fixed term an offset fee of $10 per month will apply if an offset account is held. Close

4.38 %
p.a.

Three year fixed rate

5.21 %
p.a.

Comparison rate

Comparison rate warning

Fixed Rate Home Loan

For those who want the certainty of regular repayments, the Fixed Rate Home Loan lets you lock in your interest rate for one to five years.

  • Save $400 on the application fee
  • Fix from one to five years
  • 40% offset account available 7 Offset account must be held in the same name as the loan account. Other exclusions apply. No offset fee applies during the fixed term although a $12 monthly loan maintenance fee applies. At the end of the fixed term an offset fee of $10 per month will apply if an offset account is held. Close

4.58 %
p.a.

Three year fixed rate

5.73 %
p.a.

Comparison rate

Comparison rate warning

Seniors Equity Release

The reverse mortgage lets you borrow against the equity in your home and make no repayments for the life of the loan. You can take the money as a lump sum, or in smaller amounts as you need it.

  • Borrow up to 25% of the value of your home
  • Supplement retirement income
  • No repayments for the life of the loan

6.27 %
p.a.

Variable rate

6.30 %
p.a.

Comparison rate

Comparison rate warning

Comparison rate warning:
Comparison rate is calculated on the statutory assumption of $150,000 loan over 25 years but the minimum required loan amount is $200,000 for the Complete Home Loan Package and Equaliser Home Loan. Different rates apply for different loan amounts and may depend on the duration of a fixed rate period or the ratio of the loan amount to the property value. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Home loan guidance

Need help understanding what’s right for you?

We’ve broken down the reasons why principal and interest repayments may work for you.

We’ll walk you through the different types.

Need help choosing a loan?

Get in touch with one of our Home Loan Specialists, and they'll respond within one business day.

Things you should know

1. Offset Transaction Account not available with our Complete Equity, Equaliser and Seniors Equity Release home loans and must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loan. Other exclusions apply.

2. For interest-only loans, only monthly repayments are permitted.

3. For Complete Fixed and Complete Equity loans, different rates apply. For borrowings between 90% and 95% of the property value different rates and comparison rates apply. Investors can only borrow up to 90% of the property value.

4. Bankwest Equaliser Home Loan Annual Percentage Rate is a variable 3 year introductory rate which is the higher of:

  • 2.50% p.a.; or
  • The average of NAB Standard Variable Rate for home loans, Westpac P&I Variable Home Loan (owner occupier) rate, and ANZ Standard Variable Rate for home loans calculated twice per month, less a discount of 1.51% p.a. 

Available to individuals and for new owner occupier loans over $200,000 for up to 80% of the property value with principal and interest repayments only. After the introductory period the rate reverts to the Bankwest Standard Variable Rate for owner occupiers (Mortgage Shredder Reference Rate) less a discount of 1.10% p.a. Different discounts and revert rates apply for loans with investment purposes. Information, including rates and discounts is subject to change.

5. For borrowings between 80% and 90% of the property value, different rates and comparison rates apply. Investors can only borrow up to 90% of the property value.

6. For owner occupiers the standard variable rate is the variable Mortgage Shredder Reference Rate or the variable Mortgage Shredder Interest Only Reference Rate. For investment purposes the standard variable rate is the Investor Reference Rate or the Investor Interest Only Reference Rate. See our home loan reference rates.

7. Offset account must be held in the same name as the loan account. Other exclusions apply. No offset fee applies during the fixed term although a $12 monthly loan maintenance fee applies. At the end of the fixed term an offset fee of $10 per month will apply if an offset account is held.

8. Offset account must be held in the same name as the loan account. Other exclusions apply. A $10 monthly offset fee applies to the Premium Select home loan.

9. Bankwest does not endorse or approve the depreciation schedule prepared by Deppro Pty Ltd.

10. For Complete Fixed and Complete Equity loans, different rates apply. Investors can only borrow up to 90% of the property value.

11. Different rates apply for interest only repayments, contact your Home Loan Specialist or call us on 13 17 19 to find out more.

Other fees may apply, including government and bank fees. A full list of fees will be set out in your home loan contract.