Rate Comparison

General Details

Institution

BankWest

Product Name

BankWest Seniors Equity Release Home Loan

Loan Conditions

Is there a guarantee of 'No Negative Equity'

Yes

Legal Advice Required

Yes

Lending in all Areas

Yes

Age 60

Min. Loan-To-Valuation ratio (LVR)

Max. Loan-To-Valuation ratio (LVR)

Min Loan Amount

Max Loan Amount

Age 65

Min. Loan-To-Valuation ratio (LVR)

Max. Loan-To-Valuation ratio (LVR)

Min Loan Amount

20000

Max Loan Amount

250000

Age 70

Min. Loan-To-Valuation ratio (LVR)

Max. Loan-To-Valuation ratio (LVR)

Min Loan Amount

20000

Max Loan Amount

250000

Age 80

Min. Loan-To-Valuation ratio (LVR)

Max. Loan-To-Valuation ratio (LVR)

Min Loan Amount

20000

Max Loan Amount

250000

Interest Rates

Rates Available

Variable

Variable Rate

10.15

1 Yr Fixed

2 Yr Fixed

3 Yr Fixed

4 Yr Fixed

5 Yr Fixed

Fees

Total Setup Fees

700

Ongoing/Annual Fee

Discharge Fee

300

Early Termination/Deferred Establishment Fee

N/A

Features

Partial Repayments Allowed

Yes

Repayment Notes

Drawdown - Lump Sum or Regular Payments

Lump Sum

Further Advances

Yes

Revaluation Required

Yes

Revaluation Frequency (yrs)

Revaluation Fee

Portability

Yes

Limit to Equity Reduction

Avaliablility

NSW

Yes

ACT

Yes

QLD

Yes

VIC

Yes

TAS

Yes

All information on this website is of a general nature and does not take into account your individual circumstances. Artog does not give financial advice for advice that takes your circumstances into account please consult a qualified financial advisor.
^#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.