Variable rate home loan with less fees and less fuss

Bankwest Simple Home Loan


Variable rate


Comparison rate

Get started with a smaller deposit. Take control of your home loan by only selecting the features you need and you could save on fees. Plus, you can make extra repayments or redraw at no extra cost.

Rate subject to change. Owner occupied borrowings from 60.01% - 80% of the property value for principal and interest repayments. Minimum loan size of $20,000. Understand the comparison rate.

Limited time, new Breeze Mastercard® customers only. 2% balance transfer fee, plus other fees and charges, T&Cs apply. 3

Natural disasters can cause personal and financial hardship for people and communities. We’re here to support customers who have been impacted.

What we're about

Learn about what matters to us and what we can offer you if you bank with us.

Bankwest customer perks are unique. Enjoy access to exclusive offers, discounts and tickets with RAC Arena, Optus Stadium and the Freo Dockers, to name a few. There really is no place like home...

I’m a Bankwest customer, now what?

Learn how you can manage and make the most out of...

Your home loan

Your bank account

Your credit card

What’s popular

Ways to bank with us

Speak with someone from the team today.

  1. Interest paid on maturity. Different rates apply to different terms and interest payment frequencies.
  2. Fees may apply to linked account, which is a requirement of the Online Term Deposit.
  3. Breeze Mastercard introductory offer:
    Introductory balance transfer rate offer and introductory purchase rate offer is only available to new Bankwest Breeze Mastercard customers who apply from 10 November 2023 until the promotion ends, and are approved. Excludes product transfers from existing Bankwest credit cards.

    Introductory balance transfer rate offer and introductory purchase rate offer:

    • A 2% balance transfer fee is payable on all transactions to which that balance transfer rate applies
    • Introductory rate excludes cash advances (rate of 21.99% p.a. applies)
    • Applies from the date the card is opened, regardless of when any balance transfer or purchase is processed by us
    • After the intro period, the interest rate on any outstanding transferred balance or purchase will be charged at the ongoing rate for purchases and balance transfers as outlined in your credit card schedule
    • Minimum balance transfer amount is $500
      Only non-Bankwest-branded credit cards can be balance transferred to Bankwest Mastercard credit cards
    • A balance transfer request will only be processed up to 95% of your approved credit limit.

    View balance transfer terms and conditions.

What’s the comparison rate?
It’s a tool that can help you identify the truer cost of a loan. It’s calculated using a standard formula that includes the interest rate, as well as certain fees and charges relating to a loan (not all fees and charges are included).

Comparison rate warning:
Rate subject to change. Comparison rate is calculated on the statutory assumption of $150,000 loan over 25 years. Different rates apply for different loan amounts and may depend on the duration of a fixed rate period or the ratio of the loan amount to the property value. Lending and eligibility criteria, fees and charges and T&Cs apply and are available on request. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Bankwest Simple Home Loan:
Lending criteria, fees and charges apply. Terms and conditions apply and are available on request. Bankwest Simple Home Loan is available to individuals only. Minimum loan size is $20,000.

Consider the Bankwest App Terms of Use and associated PDS available from Bankwest before deciding whether the product is right for you. Fees and charges may apply.

Terms of Use apply to the use of Google Pay. Android, Google Pay, Google Play and the Google Play logo are trademarks of Google LLC.​

Easy Alerts are available for mobile personal banking accounts on eligible devices in which you have the Bankwest App installed and notifications enabled. Limited alerts only are available for credit products. Consider the Product Disclosure Statement (PDS) and Bankwest App Terms of Use available from Bankwest before deciding whether the product is right for you. Fees and charges may apply with the App.