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Fixed Rate Home Loan

Lock in a competitive fixed rate for one to five years, and enjoy the peace of mind that comes with consistent repayments.

Enquire now Start applying today

Featured rates

Rates for principal and interest payments with loan sizes from $20,000. Different rates apply for interest only.​

Make sure you understand the comparison rate and loan purpose .

Owner occupiers

Up to 80% LVR .

6.09%
p.a.

3 year fixed rate

8.20%
p.a.

Comparison rate

Investors

Up to 90% LVR with LMI .

6.39%
p.a.

3 year fixed rate

8.72%
p.a.

Comparison rate

Why sometimes, a simple home loan is best

Track your application

See your application status in real time with our Home Loan Application Tracker. 2

Save on application fees

Reduced $295 home loan application fee (save $400).

Choose your terms

Lock in a fixed rate for up to five years (rate will change depending on fixed term).

No surprises

Your interest rate and home loan repayments won't change during the fixed period.

Rates and fees

Rates are based on your loan to value ratio (LVR) and lenders mortgage insurance (LMI) may apply.

Rates shown are for principal and interest repayments with loan sizes from $20,000.
Loan purpose
Up to 80% LVR
Fixed term Fixed rate Comparison rate
1 year
6.39% p.a.
8.77% p.a.
2 year
6.09% p.a.
8.45% p.a.
3 year
6.09% p.a.
8.20% p.a.
4 year
6.19% p.a.
8.01% p.a.
5 year
6.19% p.a.
7.81% p.a.
Up to 80% LVR
Fixed term
Fixed rate
Comparison rate
1 year
6.39% p.a.
8.77% p.a.
2 year
6.09% p.a.
8.45% p.a.
3 year
6.09% p.a.
8.20% p.a.
4 year
6.19% p.a.
8.01% p.a.
5 year
6.19% p.a.
7.81% p.a.
80.01% to 90% LVR with LMI
Fixed term Fixed rate Comparison rate
1 year
6.64% p.a.
8.79% p.a.
2 year
6.44% p.a.
8.52% p.a.
3 year
6.44% p.a.
8.30% p.a.
4 year
6.54% p.a.
8.14% p.a.
5 year
6.54% p.a.
7.97% p.a.
Understand the comparison rate
80.01% to 90% LVR with LMI
Fixed term
Fixed rate
Comparison rate
1 year
6.64% p.a.
8.79% p.a.
2 year
6.44% p.a.
8.52% p.a.
3 year
6.44% p.a.
8.30% p.a.
4 year
6.54% p.a.
8.14% p.a.
5 year
6.54% p.a.
7.97% p.a.
Understand the comparison rate
90.01% to 95% LVR with LMI
Fixed term Fixed rate Comparison rate
1 year
6.99% p.a.
8.83% p.a.
2 year
6.69% p.a.
8.58% p.a.
3 year
6.69% p.a.
8.37% p.a.
4 year
6.79% p.a.
8.23% p.a.
5 year
6.79% p.a.
8.08% p.a.
Understand the comparison rate
90.01% to 95% LVR with LMI
Fixed term
Fixed rate
Comparison rate
1 year
6.99% p.a.
8.83% p.a.
2 year
6.69% p.a.
8.58% p.a.
3 year
6.69% p.a.
8.37% p.a.
4 year
6.79% p.a.
8.23% p.a.
5 year
6.79% p.a.
8.08% p.a.
Understand the comparison rate
95.01% to 98% LVR with LMI
Fixed term Fixed rate Comparison rate
1 year
7.69% p.a.
8.92% p.a.
2 year
7.39% p.a.
8.72% p.a.
3 year
7.39% p.a.
8.59% p.a.
4 year
7.49% p.a.
8.50% p.a.
5 year
7.49% p.a.
8.39% p.a.
Understand the comparison rate
95.01% to 98% LVR with LMI
Fixed term
Fixed rate
Comparison rate
1 year
7.69% p.a.
8.92% p.a.
2 year
7.39% p.a.
8.72% p.a.
3 year
7.39% p.a.
8.59% p.a.
4 year
7.49% p.a.
8.50% p.a.
5 year
7.49% p.a.
8.39% p.a.
Understand the comparison rate
Up to 90% LVR with LMI
Fixed term Fixed rate Comparison rate
1 year
6.69% p.a.
9.37% p.a.
2 year
6.39% p.a.
9.01% p.a.
3 year
6.39% p.a.
8.72% p.a.
4 year
6.49% p.a.
8.50% p.a.
5 year
6.49% p.a.
8.28% p.a.
Understand the comparison rate
Up to 90% LVR with LMI
Fixed term
Fixed rate
Comparison rate
1 year
6.69% p.a.
9.37% p.a.
2 year
6.39% p.a.
9.01% p.a.
3 year
6.39% p.a.
8.72% p.a.
4 year
6.49% p.a.
8.50% p.a.
5 year
6.49% p.a.
8.28% p.a.
Understand the comparison rate
90.01% to 95% LVR with LMI
Fixed term Fixed rate Comparison rate
1 year
7.49% p.a.
9.46% p.a.
2 year
7.39% p.a.
9.22% p.a.
3 year
7.19% p.a.
8.96% p.a.
4 year
7.29% p.a.
8.81% p.a.
5 year
7.39% p.a.
8.69% p.a.
Understand the comparison rate
90.01% to 95% LVR with LMI
Fixed term
Fixed rate
Comparison rate
1 year
7.49% p.a.
9.46% p.a.
2 year
7.39% p.a.
9.22% p.a.
3 year
7.19% p.a.
8.96% p.a.
4 year
7.29% p.a.
8.81% p.a.
5 year
7.39% p.a.
8.69% p.a.
Understand the comparison rate
Fee Amount
Application fee ? Includes legal fees for standard mortgage preparation and one standard valuation fee. Any amount in excess of the standard fees are to be met by the customer.
$295 (usually $695)
Home loan increase fee ? The home loan Increase fee is charged when you increase the amount of credit on your existing home loan.
$295
Loan maintenence fee
$12 per month
Optional offset facility 3 Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply. Maximum 40% offset is available with our Fixed Rate Home Loan. No offset fee applies during the fixed term although a $12 monthly loan maintenance fee applies. At the end of the fixed term, a $10 monthly offset fee per offset account applies. Monthly offset fee is charged to the offset account, not the home loan.
$0
Settlement attendance fee (Legal disbursement fee) ? Applies when we take a new security. 
$350
Fee
Amount
Application fee ? Includes legal fees for standard mortgage preparation and one standard valuation fee. Any amount in excess of the standard fees are to be met by the customer.
$295 (usually $695)
Home loan increase fee ? The home loan Increase fee is charged when you increase the amount of credit on your existing home loan.
$295
Loan maintenence fee
$12 per month
Optional offset facility 3 Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply. Maximum 40% offset is available with our Fixed Rate Home Loan. No offset fee applies during the fixed term although a $12 monthly loan maintenance fee applies. At the end of the fixed term, a $10 monthly offset fee per offset account applies. Monthly offset fee is charged to the offset account, not the home loan.
$0
Settlement attendance fee (Legal disbursement fee) ? Applies when we take a new security. 
$350

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

Rates and fees subject to change. Break fees apply within the fixed period. Download the Key Facts Sheet.

Why Bankwest?

Dedicated lending specialists

We're available seven days a week, including evenings.

Save on home loan interest

You could pay your home loan off faster with up to nine offset accounts. 1 Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.

Easy applications

Track the progress of your home loan application and sign important documents digitally from anywhere.

Award-winning

MFAA ‘Non-Major Lender of the Year’ for seven years running, Australian Mortgage Awards ‘Bank of the Year’ twice, and Mortgage Business Non-Major Bank of the Year 2024.

Get in touch with a Home Lending Specialist

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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. 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.

Loan purpose
Loans for a property to live in — also known as owner-occupier loans — include (but aren’t limited to) loans to fund the purchase of a property or refinance an existing loan, where the borrower currently lives or intends to live in the property.

Loans for an investment purpose — also known as investor loans — include (but aren’t limited to) loans where the predominant part is used to invest in shares, land, construction or an established property. They also include refinancing an investor loan.

Loan to Value Ratio (LVR) is the portion of money you are borrowing in relation to the value of the property.

Lenders’ Mortgage Insurance (LMI) is insurance to protect your lender if you have trouble with your repayments in the future. LMI can be an added expense when you’re buying your home, but you can avoid it if you save more than 20% of the value of your property to pay as a deposit.

At the end of the fixed rate period, you’ll roll on to our Standard Variable Rate, minus the discount outlined in your loan contract. For owner occupiers the rate is the Standard Variable Reference Rate or the Standard Variable Interest Only Reference Rate. For investment purposes the standard variable rate is the Investor Variable Reference Rate or the Investor Variable Interest Only Reference Rate.

Redraw is not available while an account is on a Fixed Rate. This feature will be available once the Fixed Rate term ends. Eligible customers who receive a cashback payment into their Fixed Rate home loan account can access those funds upon request.

Other conditions apply.
 

  1. Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held.
  2. Application tracker not available on lines of credit. Other exclusions may apply.
  3. Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply. Maximum 40% offset is available with our Fixed Rate Home Loan. No offset fee applies during the fixed term although a $12 monthly loan maintenance fee applies. At the end of the fixed term, a $10 monthly offset fee per offset account applies. Monthly offset fee is charged to the offset account, not the home loan.

Digital signing – some exclusions apply. Due to state laws, restrictions apply to digitally signing the Mortgage Form in some States and Territories. Customers must have access to a device (computer or tablet recommended) with internet and email access.

DocuSign is a registered trademark of DocuSign, Inc.

Some exclusions apply for the use of the Home Loan application tracker.