I want toa property I.The property value is
I.The property value isand I want to borrow.
and I want to borrow.
Find Loans

Bankwest Capped Rate Variable Home Loan


19 Sep 20091 min read

September 19, 2009

The Bankwest Capped Rate variable home loan was launched in the first week of September 2009 with an advertised variable interest rate of 5.4 percent p.a. Compared to most three-year fixed rates, the Bankwest Capped Rate variable home loan is good value because it will not go above 7.5 percent p.a. until November 12, 2012. As the Bankwest Capped Rate variable home loan interest rate can change just the same as a normal variable interest rate, it is likely to move in gradual steps. Australians can pay a slightly higher rate for the Bankwest Capped Rate variable home loan compared to a simple variable interest rate home loan, but the cost is for the surety that the interest rate will not rise higher than 7.50 percent during the capped period. Compare your home loan to the most competitive home loan rates currently on the market, right here at RateCity.

About Home Loans Articles

RateCity provides Home Loan news and features, including a range of weekly stories and economic updates. By checking our Home Loan news and features daily, you can ensure that you receive up to date, expert commentary on current financial and economic issues. Before you search, compare or apply for a Home Loan product that may be suitable for your needs, help yourself understand the market by reading Home Loan news and features at RateCity.


My mortgage repayments


How much can I borrow?

Contact a Broker

A broker will compare hundreds of home loans to help find the right deal for you, at no cost.

By submitting this form, I accept Loan Market's terms and conditions, privacy policy and Collection Statement for this service.

Submit your details now and a local expert will be in touch within a few business hours. They'll compare hundreds of home loans from up to 20 lenders including the big banks to find the loan that's right for you. Book your free appointment today.

Loan Market Pty LTD | Australian Credit License 390222 ABN 89 105 230 019

Compare your product with the big 4 banks, or add more products to compare