For an annual package fee of $395, you get a Complete Variable Home Loan, plus the flexibility to add on features to help you manage your mortgage and money your way.
For a less lazy home loan, you can choose to add...
Take advantage of our great variable rates with the flexibility to add other features that suit your needs — like multiple offset accounts and an eligible credit card. 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.
A standard variable rate home loan package with a wide range of add on features.
6.99%
p.a.
Variable rate
7.37%
p.a.
Comparison rate
Up to 90% LVR with LMI paying principal and interest. Loan sizes from $200,000.
7.89%
p.a.
Variable rate
8.26%
p.a.
Comparison rate
Up to 90% LVR with LMI paying principal and interest. Loan sizes from $200,000.
For an annual package fee of $395, you get a Complete Variable Home Loan, plus the flexibility to add on features to help you manage your mortgage and money your way.
For a less lazy home loan, you can choose to add...
Slice and dice your money into multiple offset accounts to help you manage your money while saving on home loan interest. Use an offset like an everyday bank or savings account where the balance in each account is reduced from your home loan balance, reducing the overall interest you pay. 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.
To enjoy our low ongoing purchase rate, add a Breeze Mastercard® (Classic or Platinum). To earn points on your eligible purchases, add a Bankwest More Mastercard (Classic, Platinum or World) or Bankwest Qantas Mastercard (Platinum or World).
Pick one to suit your needs and pay no annual credit card fee. Other fees and charges may apply. 2
You could choose to split between variable and fixed. You can also switch between the two at any time later.
3
Other fees and charges, such as break fees on a fixed rate loan, may apply.
Pay weekly, fortnightly or monthly to suit your pay cycle. Plus, make unlimited extra repayments to help pay your loan off faster.
?
If you decide to pay interest only, only monthly repayments are permitted.
Access your extra repayments for free when you need, or even use your surplus to take a break from making repayments.
4
There is no minimum redraw amount, including transactions completed over the counter.
$0 home loan application fee and property valuation fees. Other fees and charges may apply.
Whether you’re renovating, building a house or buying an investment property, the flexibility of our Complete Home Loan Package could help you get there.
No progress payment fees apply for construction loans. Find out more about construction loans.
For investment properties, receive a saving on the cost of a depreciation schedule prepared by DEPPRO Pty Ltd.
8
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.
This lets you renovate, upsize, downsize or invest in property. Lending criteria applies.
Get a discount off Bankwest’s standard variable rate. 7
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 $200,000.
LVR | Variable rate | Comparison rate |
---|---|---|
Up to 90% with LMI | 6.99% p.a. | 7.37% p.a. |
90.01% to 95% with LMI | 7.24% p.a. | 7.61% p.a. |
95.01% to 98% with LMI |
8.87% p.a. | 9.23% p.a. |
Understand the comparison rate |
LVR | Variable rate | Comparison rate |
---|---|---|
Up to 90% with LMI | 7.89% p.a. | 8.26% p.a. |
Understand the comparison rate |
Fee | Amount |
---|---|
Annual Package fee ? This is charged to the nominated home loan. | $395 |
Redraw fee
4
There is no minimum redraw amount, including transactions completed over the counter. |
$0 |
Settlement attendance fee (Legal disbursement fee) ? Applies when we take a new security. |
$250 |
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. Download the Key Facts Sheet.
The relevant Product Schedule together with all of the related documents form the complete Product Disclosure Statement for this product.
Awarded by you in Money magazine's Consumer Finance Awards 2023.
It's a home loan with other features and services included, like offset accounts and credit cards, under one package fee.
An offset account is a bank account that's linked to your home loan and the money in that account will offset your home loan – so you pay less interest. You can still use it like a normal bank account too and might be able to open multiple.
It's easy to switch your current variable home loan, we'll just need some information first. Chat to a Home Lending Specialist to get started and they'll help you from start to finish.
If you're interested in fixing your home loan, or splitting your loan - it's easy. To get started, chat to a Home Lending Specialist who will take you through it.
We also offer a fixed rate package option.
See if our Complete Fixed Home Loan package will suit you.
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.
Use these calculators to guide you in your home ownership journey. Or browse our range of home loans.