Work out what your mortgage repayments could be and discover how much you could save if you made extra repayments.
- Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply.
- If you decide to pay interest only, only monthly repayments are permitted.
- Different rates apply for interest only repayments. Contact your Home Lending Specialist or call us on 13 17 19 to find out more.
- For owner occupiers the standard variable rate is the variable Mortgage Shredder Reference Rate or the variable Mortgage Shredder Interest Only Reference Rate. For investment purposes the standard variable rate is the Investor Reference Rate or the Investor Interest Only Reference Rate. See our home loan reference rates.
- Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply. 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 applies per offset account. Monthly offset fee is charged to the offset account, not the home loan.
- 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.
Home loan cashback promotion is available to Australian residents aged 18+ who refinance a property with a new Bankwest home loan.
- Home loan application must be submitted for full approval within the promotional period 12 November 2020 and 30 June 2021
- Home loan must be funded on or before 31 August 2021
- Lending must be new to Bankwest (refinances of existing Bankwest and CommBank loans are excluded from this offer)
- Lending must not exceed a loan to value ratio (LVR) of 80%
- Repayment type can be principal and interest or interest only
- Available on owner occupier and investor home loans
- Minimum home-loan-specific refinance amount ≥$250k (excludes debt consolidation of personal loans and credit cards)
- Any available Bankwest home loan product is eligible
- Normal lending policies apply
- This offer is not available in conjunction with any other promotions
- Only one cashback per Eligible Customer. Only one cashback per eligible home loan. Where a home loan has more than one applicant and one applicant receives the cashback, all applicants are deemed to have received the cashback. Maximum cashback amount of $2,000.
Lending and eligibility criteria, and fees and charges, apply for our home loans. Rates are subject to change. The Complete Home Loan Package consists of an eligible home loan, one optional eligible credit card per customer and up to nine optional Offset Transaction Accounts per loan.
Other fees may apply, including government and bank fees. A full list of fees will be set out in your home loan contract.