Save $695.
A fixed rate home loan locks in your home loan rate for an agreed period, usually one to five years. A variable home loan is often more flexible, but the rate can change. Learn more on the differences between fixed and variable rates.
For principal and interest repayments, borrowings up to 70% of the property value, and loan sizes of $20,000+.
3.03%
p.a.
Variable rate
3.05%
p.a.
Comparison rate
3.29%
p.a.
Variable rate
3.31%
p.a.
Comparison rate
Get a discount off Bankwest’s standard variable rate. 3
Understand the difference between loan purposes (a property to live in vs. an investment)
Rates – borrowings up to 70% of the property value | ||
---|---|---|
Amount you want to borrow | Variable rate | Comparison rate |
$20,000+ | 3.03% p.a. | 3.05% p.a. |
$20,000+ | 3.29% p.a. | 3.31% p.a. |
Rates are for principal and interest repayments 4 |
Rates – borrowings 70.01% - 80% of the property value | ||
---|---|---|
Amount you want to borrow | Variable rate | Comparison rate |
$20,000+ | 3.08% p.a. | 3.10% p.a. |
$20,000+ | 3.39% p.a. | 3.41% p.a. |
Rates are for principal and interest repayments 4 |
Rates – borrowings 80.01% - 90% (including Lenders Mortgage Insurance) of the property value | ||
---|---|---|
Amount you want to borrow | Variable rate | Comparison rate |
$20,000+ | 3.43% p.a. | 3.45% p.a. |
$20,000+ | 3.84% p.a. | 3.86% p.a. |
Rates are for principal and interest repayments 4 |
Fees | |
---|---|
Fee | 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. | $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. | $295 |
Transfer fee i | $135 |
Redraw fee
2
There is no minimum redraw amount, including transactions completed over the counter. |
$0 |
Optional offset facility 1 Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply. |
$10 per month for each offset account |
Settlement attendance fee (Legal disbursement fee) i Applies when we take a new security. |
$250 |
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.
Use these mortgage calculators to guide you in your home ownership journey. Or, view all our home loan calculators.
…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.