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Westpac home loans

Westpac is Australia’s first bank and oldest company. Westpac was first founded in 1817 as the Bank of New South Wales and changed its name to Westpac Banking Corporation in 1982.

Westpac is one of Australia’s big four banks and has grown to serve over 13 million customers. It offers a wide range of home loan products, including owner-occupier loans and investor loans, as well as lines of credit and split loans.

Mark Bristow
Mark Bristow

Personal Finance Editor

Content updated

Product data updated

Why choose Westpac

Benefits

  • Variety of home loan products to choose from
  • Loans can be packaged with other financial products
  • Extensive branch and customer service offering

Drawbacks

  • Some loans have annual packaging fees
  • Higher rates for some types of customers

Westpac Home Loans

Loan amount

$

Minimum deposit

Loan type & Term

Sort by

Default

7.24%

7.56%

$2,228

Enquire

Australian Credit Licence 233714

Fees & charges apply

Product info
  • Investor
  • Variable
  • 30% min deposit
  • Interest Only

9.42%

9.55%

$2,748

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Rocket Repay Home Loan
  • Owner Occupied
  • Variable
  • 20% min deposit
  • Interest Only

8.13%

8.45%

$2,371

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Premier Advantage Package
  • Owner Occupied
  • Variable
  • 20% min deposit
  • Interest Only

7.34%

7.66%

$2,258

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Flexi First Option Investment Loan
  • Investor
  • Variable
  • 20% min deposit
  • Interest Only

6.44%

6.76%

$2,438

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Basic Variable Rate (Flexi First Option) Home Loan
  • Owner Occupied
  • Variable
  • 30% min deposit
  • P&I

6.54%

6.86%

$2,460

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Basic Variable Rate (Flexi First Option) Home Loan
  • Owner Occupied
  • Variable
  • 20% min deposit
  • P&I

6.74%

7.06%

$2,505

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Flexi First Option Investment Loan
  • Investor
  • Variable
  • 30% min deposit
  • P&I

6.84%

7.16%

$2,528

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Flexi First Option Investment Loan
  • Investor
  • Variable
  • 20% min deposit
  • P&I

6.69%

7.43%

$2,405

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Premier Advantage Package
  • Owner Occupied
  • Fixed 5 years
  • 30% min deposit
  • P&I

6.59%

7.45%

$2,383

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Premier Advantage Package
  • Owner Occupied
  • Fixed 4 years
  • 30% min deposit
  • P&I

7.14%

7.46%

$2,596

Australian Credit Licence 233714

Fees & charges apply

Product info
Westpac Banking Corporation Ltd
Flexi First Option Investment Loan
  • Investor
  • Variable
  • 10% min deposit
  • P&I

Home Loans calculator

Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.

$
130
25 years

Your estimated mortgage repayments

$0

at interest rate 5%

Total interest payable

$0

Total loan repayments

$0

Contact a mortgage broker

Westpac homeloans are vailable through brokers who can help find the right loan and manage your application at no charge.

broker profile picture

Deborah Fredericks

NSW2478
Customer Representative Number: 376823
5.0
12 Google reviews

Get expert advice from a home loans specialist.

Deborah Fredericks is the Senior Lending Manager at Korff Wealth with over 20 years lending, business and property exper...

View Profile
broker profile picture

Tony Ngo

NSW2138
Customer Representative Number: 553063

Get expert advice from a home loans specialist.

Hi, I'm Tony, a 29-year-old finance broker with 3 years of experience in the industry. I hold a Bachelor of Business deg...

View Profile
broker profile picture

Jenny Bandara

VIC3029
Customer Representative Number: 545931
5.0
83 Google reviews

Get expert advice from a home loans specialist.

I am your local Mortgage Broker. With professional qualifications in Accounting & Finance, I enjoy helping my clients to...

View Profile

About our expert

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.