They’re something to smile about.
2.49%
p.a.
Variable rate
2.95%
p.a.
Comparison rate
For new borrowings up to 80% of the property value, principal and interest repayments, and loan sizes of $200,000+
3.92%
p.a.
Variable rate
4.35%
p.a.
Comparison rate
For borrowings up to 90% of the property value, principal and interest repayments, and loan sizes of $200,000+
Up to nine offset accounts per loan
Split your money into multiple offset accounts to help you manage your money while saving on home loan interest at the same time. You'll pay no monthly offset fees, and you can easily open single and joint offset accounts in the Bankwest App. Other fees and charges may apply. 1 Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply.
An eligible credit card
Our Breeze Mastercard® in the Classic or Platinum tier has our low ongoing purchase rate, while our Bankwest More Mastercard in the Classic or Platinum tier and our Bankwest Qantas Platinum Mastercard let you earn points.
Pick one to suit your needs and pay no annual credit card fee. Other fees and charges may apply.
2
Ability to split or switch your loan
You could choose to split between variable and fixed. You can also switch between the two at any time later on with no transfer fee. 3 Other fees and charges, such as break fees on a fixed rate loan, may apply.
Flexible repayments
Pay weekly, fortnightly or monthly to suit your pay cycle. Plus, make unlimited extra repayments to help pay your loan off faster.
4
If you decide to pay interest only, only monthly repayments are permitted.
Home loan redraw
Access your extra repayments online for free when you need, or even use your surplus to take a break from making repayments.
5
$1,000 minimum redraw applies to other methods of redraw, including over the counter.
Save on fees
$0 home loan application fee and property valuation fees. Other fees and charges may apply.
See how multiple offset accounts and an eligible credit card could potentially help you save on home loan interest, pay off your loan sooner, and manage your finances. Check out our five tips to help you make the Complete Home Loan Package work for you.
Whether you’re building, renovating, upsizing, downsizing or buying an investment property, the flexibility of our Complete Home Loan Package could help you get there.
Great for construction
No progress payment fees apply for construction loans. Find out more about construction loans.
Investor savings
Get a minimum 50% discount on a depreciation schedule prepared by Deppro Pty Ltd.
12
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.
Apply for additional lending or reduce your limit
This lets you renovate, upsize, downsize or invest in property. Lending criteria applies.
Get a discount off Bankwest’s standard variable rate.
8
Understand the difference between loan purposes (a property to live in vs. an investment)
| Rates – Borrowing up to 80% of the property value for a Complete Variable Home Loan 9 Where inclusion of Lender's Mortgage Insurance results in increased LVR, different rates may apply. | ||
|---|---|---|
| Amount you want to borrow | Variable rate | Comparison rate |
| $200,000+ | 2.49% p.a. | 2.95% p.a. |
|
Rates are intended for new borrowing only and for principal and interest repayments
10
|
Understand the comparison rate |
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| Rates – Borrowing 80.01% - 90% of the property value for a Complete Variable Home Loan 9 Where inclusion of Lender's Mortgage Insurance results in increased LVR, different rates may apply. | ||
|---|---|---|
| Amount you want to borrow | Variable rate | Comparison rate |
| $200,000+ | 2.58% p.a. | 3.04% p.a. |
|
Rates are intended for new borrowing only and for principal and interest repayments
10
|
Understand the comparison rate |
|
|
Rates – Borrowing 90.01% - 95% of the property value for a Complete Variable Home Loan
9
Where inclusion of Lender's Mortgage Insurance results in increased LVR, different rates may apply.
|
||
|---|---|---|
| Amount you want to borrow | Variable rate | Comparison rate |
| $200,000+ | 2.99% p.a. | 3.44% p.a. |
|
Rates are intended for new borrowing and only for principal and interest repayments
10
|
Understand the comparison rate |
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|
Rates – Borrowing 95.01% - 98% of the property value for a Complete Variable Home Loan
9
Where inclusion of Lender's Mortgage Insurance results in increased LVR, different rates may apply.
|
||
|---|---|---|
| Amount you want to borrow | Variable rate | Comparison rate |
| $200,000+ | 4.62% p.a. | 5.03% p.a. |
|
Rates are intended for new borrowing and only for principal and interest repayments
10
|
Understand the comparison rate |
|
| Rates – Borrowing up to 90% of property value for a Complete Variable Home Loan | ||
|---|---|---|
| Amount you want to borrow | Variable rate | Comparison rate |
| $200,000+ | 3.92% p.a. | 4.35% p.a. |
|
Rates are for principal and interest repayments
10
|
Understand the comparison rate |
|
| Fees | |
|---|---|
| Fee | Amount |
| Annual Package fee ? This is charged to the nominated home loan. | $395 |
| Transfer fee 11 | $0 |
| Redraw fee 5 $1,000 minimum redraw applies to other methods of redraw, including over the counter. | $0 |
| Settlement attendance fee (Legal disbursement fee) ? Applies when we take a new security. |
$250 |
Note: When you buy a property, other fees may apply, including government and bank fees. Calculate yours.
Rates and fees are subject to change. A full list of fees will be set out in your home loan contract.
Download the Key Facts Sheet for this product.
Offset Transaction Account terms and conditions:
The relevant Product Schedule together with all of the related documents form the complete Product Disclosure Statement for this product.
Product Schedule:
Related documents:
…and find one to suit you.
Work out what your mortgage repayments could be and discover how much you could save if you made extra repayments.
Find out how much you can borrow and calculate what your repayments might be based on your income and regular expenses.
Get an estimate on stamp duty, lenders' mortage insurance and other non-standard home buying fees that come with purchasing a property.
Compare the repayments on Bankwest home loans and find out if refinancing your loan may save you money on interest in the long term.
If you're ready to buy, refinance or invest, our Home Lending Specialists are here to help. Book a time to suit you – you can talk on the phone, meet at a branch, or have a Mobile Lending Manager come to you.
