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Mortgage
Not all lenders' products are available through our broker network. However, our brokers can assist you in comparing various products and features.
General Details
InstitutionWestpac Banking Corporation
Product NamePremium Option Home Loan
Loan Details
Loan TypeVariable
Security TypeResidentialProperty
AvailabilityOwner Occupied
Repayment TypeBoth
Max Loan to Value Ratio85
Max Loan to Value Ratio with
Mortgage Insurance
100
Min. Income Requirement - Singlen/a
Min. Income Requirement - Jointn/a
Min Loan Amount10000
Max Loan Amount999999999
Min Loan Term0
Max Loan Term30
Interest Rates
Rate6.91
Intro Term (Mths)0
Intro Loan Type-
1 Yr Fixed0
2 Yr Fixed0
3 Yr Fixed0
4 Yr Fixed0
5 Yr Fixed0
7 Yr Fixed0
10 Yr Fixed0
Interest Rate Notes-
Comparison Rates
Rate7.04
1 Yr Fixed0
2 Yr Fixed0
3 Yr Fixed0
4 Yr Fixed0
5 Yr Fixed0
7 Yr Fixed0
10 Yr Fixed0
Fees
Application Fee600
Reductions to Application FeeEstablishment fee waived under Premier Advantage Package
Legal Fee0
Valuation Fee0
Settlement Fee0
Service Fee8/mth
Exit Fee250
Early Termination FeeA Deferred Establishment Fee of $900 is payable if a customer closes their loan within 4 years of origination
Switching Fee - To Basic-
Switching Fee - To Intro-
Switching Fee - To Variable-
Switching Fee - To Fixed-
Switching Fee - To Split-
Switching Fee - To Equity-
Fees General-
Fixed Loan Break CostsDischarge Settlement Fee $250
Repayments
Weekly Repayments OptionYes
Fortnightly Repayments OptionYes
Monthly Repayments OptionYes
Can Make Extra RepaymentsYes
Features - Redraw
Redraw Facility AvailYes
Min Redraw Amount0
Max Redraw Amount0
Fee per Redraw0
Redraw Notice-
Redraw Method-
Redraw Comments-
Features - Portability
Loan is TransferableYes
Transfer Fee300
Features - Mortgage Offset
Mortgage Offset AvailNo
100% OffsetNo
Mortgage Offset Rate-
Features - Split Account
Can be SplitYes
Max Num. Split Accounts3
Separate StatementsNo
Statement Frequency0
Fixed OptionNo
Fixed Fee0
Discounts
Home Insurance DiscountYes
Life Insurance DiscountNo
Other DiscountsYes
Other Discount Detailscontents insurance, service fee on classic account
Attached Transaction Account
Transaction Account AvailNo
Credit Card AvailNo
Credit Card TypeV
Debit Card AvailNo
Debit Card TypeV
ATM AccessNo
EFTPOS AccessNo
Cheque AccessNo
Phone AccessYes
Internet AccessYes
Giro Post AccessNo
Other AccessNo
ATM Fee0
ATM Fee (Other Bank)0
O/S ATM Fee - Balance0
O/S ATM Fee - Withdrawal0
Transfer Fee0
Transfer Fee (Other Bank)0
Cheque Fee0
Credit/Debit Card Fee0
Phone Fee0
Internet Fee0
Other Fee0
Unused Limit Fee0
Bonus Features Fee0
Number of Free Elec Transactions0
Number of Free OTC Transactions0
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#Where actual testimonial savings or potential savings are mentioned, these are specific to the circumstances in question and may have been achieved with specific Artog partner offers. These may not apply to your situation.

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