|2.59% p.a.||Variable rate|
|2.61% p.a.||Comparison rate*|
Including 1.39% p.a. discount off our Basic Home Loan Variable Rate with no package fee. For new Owner Occupier (Principal & Interest^^). LVR+ above 80%.
T&C's apply. See comparison rate warning.
A home loan with your lowest variable interest rate up front1, useful for anyone who doesn’t want to pay for features they won’t use.
Pay off your loan sooner and save on interest.
And a $0 establishment fee if you borrow more than $150k2 when making Principal & Interest repayments (see fees section).
If you have made any extra repayments, you have access to redraw them. (fees apply)3.
You could use the equity in a family member’s home to help you on your home buying journey and maximise the amount you can borrow.
You may be able to pause or reduce your repayments for a set period (keep in mind after the break your repayments may be higher for the rest of your loan term).3
Please be aware that Finder may receive a financial benefit from generating qualified referrals to Westpac via the Finder website.
Conditions, fees and credit criteria apply.
Before making a decision, it’s best to read the terms and conditions:
Please read these documents and keep a copy. You can request a paper copy at a branch.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it’s right for you. If you need help, call 1300 000 266 Tax consequences may arise from promotions for investors and customers should seek independent advice on any taxation matters.
*Comparison Rate: The comparison rate is based on a loan of $150,000 over a term of 25 years. After the fixed rate period expires the interest rate will revert to the applicable Standard Variable rate based on loan category and repayment type. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
+LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the banks valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and don’t change because of changes to the LVR during the life of the loan. Any applicable LVR discount has been included in the advertised eligible rate.
^^ Basic Home Loan Promotional Rate: This offer is only available for new Owner Occupier Basic Home Loan applications with Principal and Interest repayments received from 26/10/2020. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within St.George, Bank of Melbourne and BankSA. This offer may be varied or withdrawn at any time. Interest rates subject to change.
Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible St.George transaction account. An Advantage Package discount has been included in the advertised eligible rate. The discount and fee savings apply for the duration of the package. Before deciding to acquire a St.George transaction account, read the , and consider if the product is right for you.
1.Haggle free home loan rate: Available on Basic Variable (Simplicity) home loans only. Interest rates are subject to change. Applicable discounts off the Basic Home Loan rate may be withdrawn or varied at any time. Basic Variable Home Loan rate discount is valid for 14 days once the application is submitted.
2. Upfront fees and other fees and charges may apply.
3. Redraw, repayment pause and rate lock requests are subject to our approval. Fees apply.