To discuss home loan support options to suit your needs, call us on 1300 385 837, visit us in a branch, or message us in the Bankwest App or online banking.
Please note that we’re receiving a higher than normal number of requests at this time, so there may be delays when dealing with your enquiry.
If you have questions about your home loan repayment deferral, please see our FAQs. This information includes what you should know about restarting your repayments, or if you need additional support at the end of your deferral period.
Redrawing extra home loan repayments you’ve made
If you’ve made any extra repayments towards your home loan, that money has built up in surplus – and you could redraw those extra repayments for free.
If you have a variable rate home loan, you can redraw your extra repayments using the Bankwest App or Bankwest Online Banking – here’s how.
You can also use our Home Loan Access Request Form with our variable rate home loans and fixed rate home loans. Note that a minimum withdrawal amount of $1000 applies.
Keep in mind that redrawing your extra repayments will mean those surplus funds will no longer be reducing the interest on your home loan.
Reducing your home loan repayments to the minimum amount
If you’re currently paying more than the minimum amount, you can reduce your repayments to the minimum. You can change your scheduled payments in Bankwest Online Banking, however if you have a periodical payment set up, you’ll need to contact us on 1300 385 837.
You can message us in the Bankwest App or online banking or call us – were here 24/7.