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.

Make an appointment

Track your application Find a Home Finance Manager

Refinancing? Get $1,500 cashback

Apply to move your home loan to us by 22 March 2019 and you could enjoy $1,500 cashback.

Min refinance amount $350,000. Eligibility requirements and T&Cs apply. Excludes refinances from Bankwest and CommBank.
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Guidance for every stage

Whether you’re preparing to buy a home or want to pay off your mortgage sooner, our guides can help.

Buying your first home

What to expect and consider, so you’re ready when the right home comes along.

Types of home loans

Variable, fixed, interest only – which type of loan is right for you?

Guides that could help you build wealth with bricks and mortar.

Paying off your mortgage sooner

Practical tips to help you own your home sooner.

Help to get those home improvements underway.

Let’s talk about what’s possible

One of our Home Finance Managers will call you back within one business day.

For account specific, urgent or confidential issues it is best you contact us directly on 13 17 19 or 1800 650 111 (Toll Free. 8am-8pm WST, 7 days per week) or +61 8 9449 2840 from overseas. Calls made from overseas will be subject to standard international call rates applicable to the country you're calling from.

We've collected your information so we can respond to you and may send you further information relating to your enquiry. Unless you tell us not to, you consent to us using your personal information to advertise or promote products, services, or business or investment opportunities we think may interest you. You can ask us not to contact you by following the opt-out instructions in any Bankwest marketing communication that we send you. Our Privacy Policy outlines how you can check any information we hold about you, and raise any privacy concerns. Our policy is available on the Bankwest website or you can call us to obtain a copy.

Our home loans

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

Complete Variable Home Loan Package

The Complete Variable Home Loan Package includes a variable rate home loan, bundled with an eligible credit card and offset account.

$395 annual fee
No application fee
Up to 100% offset available 1
Choose to make weekly, fortnightly or monthly repayments 2

4.14 %
p.a.

Variable rate

4.56 %
p.a.

Comparison rate

For borrowings up to 90% of the property value and loan sizes of $200,000+. 3
For principal and interest repayments 10
Understand the comparison rate

Complete Variable Home Loan Package

The Complete Variable Home Loan Package includes a variable rate home loan, bundled with an eligible credit card and offset account.

$395 annual fee
No application fee
Up to 100% offset available 1
Minimum 50% discount on a depreciation schedule prepared by Deppro Pty Ltd 9

4.74 %
p.a.

Variable rate

5.15 %
p.a.

Comparison rate

For borrowings up to 90% of the property value and loan sizes of $200,000+.
For principal and interest repayments 10
Understand the comparison rate

Complete Fixed Home Loan Package

The Complete Fixed Home Loan Package includes a fixed rate home loan, bundled with an eligible credit card and offset account.

$395 annual fee
No application fee
Up to 40% offset available 1
Choose to make weekly, fortnightly or monthly repayments 2

3.75 %
p.a.

Two-year fixed rate

4.49 %
p.a.

Comparison rate

Complete Fixed home loan rate for borrowings up to 90% of the property value and loan sizes of $200,000+.
For principal and interest repayments 10
Understand the comparison rate

Complete Fixed Home Loan Package

The Complete Fixed Home Loan Package includes a fixed rate home loan, bundled with an eligible credit card and offset account.

$395 annual fee
No application fee
Up to 40% offset available 1
Minimum 50% discount on depreciation schedule prepared by Deppro Pty Ltd 9

3.98 %
p.a.

Two-year fixed rate

5.01 %
p.a.

Comparison rate

For borrowings up to 90% of the property value and loan sizes of $200,000+.
For principal and interest repayments 10
Understand the comparison rate

Equaliser Home Loan

Enjoy a 1.51% p.a. discount off the average standard variable rates of ANZ, NAB and Westpac for the first three years. Minimum rate 2.50% p.a. 4

Free online redraw
$0 application fee (usually $695)
No monthly maintenance fees
Choose to make weekly, fortnightly or monthly repayments 2

3.86 %
p.a.

Variable 3-year introductory rate

4.33 %
p.a.

Comparison rate

Three-year introductory rate for new borrowings up to 80% of the property value and loan sizes of $200,000+.
U nderstand the comparison rate

Equaliser Home Loan

Enjoy a 0.35% p.a. discount off the average standard variable rates of ANZ, NAB and Westpac for the first three years. Minimum rate 2.50% p.a. 4

Free online redraw
$0 application fee (usually $695)
No monthly maintenance fees
Choose to make weekly, fortnightly or monthly repayments 2

5.02 %
p.a.

Variable 3-year introductory rate

5.19 %
p.a.

Comparison Rate

Three-year introductory rate for new borrowings up to 80% of the property value and loan sizes of $200,000+.
U nderstand the comparison rate

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
Make extra repayments any time
Choose to make weekly, fortnightly or monthly repayments 2

4.24 %
p.a.

Variable rate

4.26 %
p.a.

Comparison rate

For borrowings up to 90% of the property value. 5
For principal and interest repayments 10
Understand the comparison rate

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
Make extra repayments any time

4.84 %
p.a.

Variable rate

4.86 %
p.a.

Comparison rate

For borrowings up to 90% of the property value.
For principal and interest repayments 10
Understand the comparison rate

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

4.03 %
p.a.

Two year fixed rate

5.34 %
p.a.

Comparison rate

For borrowings up to 90% of the property value.
For principal and interest repayments 10
Understand the comparison rate

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

4.13 %
p.a.

Two year fixed rate

5.88 %
p.a.

Comparison rate

For borrowings up to 90% of the property value.
For principal and interest repayments 10
Understand the comparison rate

See detailed comparison

What's the comparison rate?
It’s a tool that can help you identify the truer cost of a loan. It’s calculated using a standard formula that includes the interest rate, as well as certain fees and charges relating to a loan (not all fees and charges are included).

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 calculators

Home loan repayments calculator

Work out what your mortgage repayments could be and discover how much you could save if you made extra repayments.

My loan repayments

Calculate your borrowing power

Find out how much you can borrow and calculate what your repayments might be based on your income and regular expenses.

How much could I borrow?

Calculate potential home loan fees

Get an estimate on stamp duty, lenders' mortage insurance and other non-standard home buying fees that come with purchasing a property.

What are my upfront costs?

Home loan comparison calculator

Compare the repayments on Bankwest home loans and find out if refinancing your loan may save you money on interest in the long term.

How my home loan compares

Need help choosing a loan?

Get in touch with one of our Home Finance Managers, and they’ll respond within one business day.

Make an appointment

Find a Home Finance Manager

Call us on 1300 402 694

Things you should know

Offset Transaction Account not available with our Equaliser home loan or equity products 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.
For interest-only loans, only monthly repayments are permitted.
For borrowings over 90% of the property value different rates and comparison rates apply. Investors can only borrow up to 90% of the property value.
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.
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.
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.
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.
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.
If you take out a Bankwest home loan for investment purposes, you will be contacted by Deppro Pty Ltd. Bankwest does not endorse or approve the depreciation schedule prepared by Deppro Pty Ltd.
Different rates apply for interest only repayments, contact your Home Finance Manager or call us on 13 17 19 to find out more.
Home loan cashback promotion is available to individuals who refinance a home loan from another lender to a new Bankwest home loan:
- Home loan application must be submitted within the Promotional Period starting on 01 February 2019 and closing on 22 March 2019
- Home Loan must be refinanced from an Other Financial Institution (OFI)
- Lending must be new to Bankwest (refinances of existing Bankwest and CommBank loans are excluded)
- Home loan borrowings must not exceed 90% of the property value including lenders mortgage insurance (LMI)
- Repayment type must be principal and interest
- Available on owner occupier and investor loans
- Home loan must be for a minimum refinance amount of $350,000 (debt consolidation of personal loans and credit cards is excluded)
- Available on any Bankwest home loan product
- Home loan must be disbursed on or before 31 May 2019
- Normal lending policies apply
- This offer is not available in conjunction with any other promotions
- Only one cashback per eligible customer. Only one cashback per eligible home loan.
See full cashback terms and conditions.

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