Variable Rate Home Loan
Get a discount off our standard variable rate with the Premium Select Home Loan.
Rates
For principal and interest repayments, borrowings up to 90% of the property value, and loan sizes of 20,000+.
Property to live in
3.42%
p.a.
Variable rate
3.44%
p.a.
Comparison rate
Investment purpose
4.02%
p.a.
Variable rate
4.04%
p.a.
Comparison rate
Why choose our Premium Select Home Loan?
$0 application fee
Save $695.
$0 account maintenance fee
And $0 annual fee.
Redraw your extra repayments
Online for free.
Fees
| Type of fees | Amount |
|---|---|
| Application fee i 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. Close | $0 (usually $695) |
| Home loan increase fee i The Home Loan Increase Fee is charged when you increase the amount of credit on your existing home loan. Close | $295 |
| Transfer fee i | $135 |
| Redraw fee 2 $1,000 minimum redraw applies to other methods of redraw, including over the counter. Close | $0 |
| Optional offset facility 1 Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply. Close |
$10 per month for each offset account |
| Settlement attendance fee (Legal disbursement fee) i Applies when we take a new security. Close |
$250 |
Rates and fees are subject to change. A full list of fees will be sent out in your home loan contract.
Download the Key Facts Sheet for this product.
Still exploring your options?
Home loan repayments calculator
Work out what your mortgage repayments could be and discover how much you could save if you make extra repayments.
Calculate your borrowing power
Find out how much you could borrow and calculate what your repayments might be based on your income and regular expenses.
Calculate potential home loan fees
Get an estimate on stamp duty, Lenders’ Mortgage Insurance and other non-standard home buying fees that come with purchasing a property.
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.
Let’s talk about what’s possible
Book time with a Home Lending Specialist – when and where it suits you. Talk on the phone, meet at a branch, or have a Mobile Lending Manager come to you.
Start your application online
Check your eligibility
- You must be 18 years or older
- You must be a permanent Australian resident
- Minimum loan size $20,000
- Available to individuals and eligible family trusts
- You must meet Bankwest's lending criteria.