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Equity Access Home Loan

Bankwest

Advertised Rate5.43%

Variable

Comparison Rate5.73%
Monthly Repayment$1456

over 30 years

Minimum Deposit %10%
Pros
  • Extra repayments + redraw services
  • Free redraw facility
  • Repayments will decrease if RBA cuts rates again
Cons
  • Annual fee charged
  • Discharge fee at end of loan
  • Settlement fee charged
  • Not available for first home buyer

Loan Profile

Maximum LVR
Maximum LVR90%
Loan Term
Loan Term1 - 30 years
Investors loans
Investors loans
First Home Buyer
First Home Buyer
Owner Occupied
Owner Occupied
Refinance
Refinance
Line of Credit
Line of Credit
Self-managed Super
Self-managed Super

Loan Fees

Estimated Up Front Fees
Estimated Up Front Fees$150
Legal Fee
Legal Fee$0
Valuation Fee
Valuation Fee$0
Settlement Fee
Settlement Fee$150
Discharge Fee
Discharge Fee$164
Application Fee
Application Fee$0
Initial Ongoing Fee
Initial Ongoing Fee$0
Ongoing Fee
Ongoing Fee$325

Repayments & Redraws

Offset Account
Offset Account

Redraw Facility
Redraw Facility

Redraw fee: $0

Extra Repayments
Extra RepaymentsUnlimited extra repayments
Weekly Repayments
Weekly Repayments
Fortnightly Repayments
Fortnightly Repayments
Monthly Repayments
Monthly Repayments

More Information

Interest rate structure
Interest rate structureVariable
Interest only
Interest only
Loan allows split interest rate
Loan allows split interest rate
Principal and interest
Principal and interest

States Applicable

NSW
NSW
VIC
VIC
SA
SA
WA
WA
QLD
QLD
NT
NT
TAS
TAS
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