Bankwest Complete Home Loan Package – Fixed Rate

Rates and Fees verified correct on October 28th, 2016

The CompleteHome Loan Package - Fixed Rate is a fixed rate home loan package that includes a 40% offset account.

Enjoy the stability and certainty of a fixed rate as well as the flexibility to make additional repayments up to $10,000 per year and enjoy an optional 40% offset account with the Bankwest Complete Home Loan Package - Fixed Rate. A fixed rate gives you the ability to plan your budget accurately knowing that rates won’t change during the fixed period.

Bankwest also offers a variable rate and equity loan package.

Interest Rate Max Insured LVR Max LVR
1 Year Fixed Rate LVR <90% (Investors)
4.41% p.a.
Comparison Rate
4.79% p.a.
90% 80%
1 Year Fixed Rate LVR <90% (Owner Occupier)
4.21% p.a.
Comparison Rate
4.36% p.a.
90% 80%
2 Year Fixed Rate LVR <90% (Owner Occupier)
3.69% p.a.
Comparison Rate
4.29% p.a.
90% 80%
2 Year Fixed Rate LVR <90% (Investors)
3.89% p.a.
Comparison Rate
4.70% p.a.
90% 80%
3 Year Fixed Rate LVR <90% (Owner Occupier)
3.89% p.a.
Comparison Rate
4.32% p.a.
90% 80%
3 Year Fixed Rate LVR <90% (Investors)
3.99% p.a.
Comparison Rate
4.68% p.a.
90% 80%
4 Year Fixed Rate LVR <90% (Investors)
4.49% p.a.
Comparison Rate
4.82% p.a.
90% 80%
4 Year Fixed Rate LVR <90% (Owner Occupier)
4.35% p.a.
Comparison Rate
4.48% p.a.
90% 80%
5 Year Fixed Rate LVR <90% (Owner Occupier)
3.98% p.a.
Comparison Rate
4.35% p.a.
90% 80%
5 Year Fixed Rate LVR <90% (Investors)
3.98% p.a.
Comparison Rate
4.62% p.a.
90% 80%
Product NameBankwest Complete Home Loan Package Fixed
Interest Rate TypeFixed
Comp Rate^ (p.a.)
Minimum Loan Amount$200,000
Minimum Loan Term1 year
Maximum Loan Term30 years
Maximum LVR80%
Maximum Insured LVR90%
Mortgage Offset AccountYes
Loan Redraw FacilityYes
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Suitable for InvestmentYes
Extra RepaymentYes
Repayment TypePrincipal & Interest and Interest Only Options
Application Fee$0
Ongoing Fees$395 p.a.


  • $0 application fee.
  • 40% offset account which will help to lower the interest you pay.


  • Annual package fee of $395.
  • Extra repayments restricted to $10,000 per year.

Things to consider about the Bankwest Complete Home Loan Package - Fixed Rate

You can apply for this home loan package if you wish to buy a new home, either to live in or for investment purposes, although note that different rates apply to investment purchases. You can choose a fixed term of between one and five years, after which you can fix for another term or let the rate revert to a discounted variable rate.

As mentioned, this loan is a package loan, meaning that while you get a competitive interest rate and discounted fees, you will pay an annual package fee. The package, however, offers you access to other Bankwest products with certain fees waived also.

Features of the Bankwest Complete Home Loan Package - Fixed Rate

  • Loan amount, term, and LVR This fixed rate home loan package comes with a minimum borrowing limit of $200,000, and the maximum amount depends on factors like your financial standing, the valuation of any given home, and your ability to make repayments. The maximum loan to value ratio (LVR) stands at 90% and the loan term can go up to 30 years.
  • Offset account. Not many fixed rate home loans come with offset accounts, but this one does. The Bankwest Complete Home Loan Package - Fixed Rate offers a 40% offset transaction account, where the calculation of interest on your home loan takes into account 40% of the balance in your offset account. This offset account doesn’t attract a monthly offset fee under the package.
  • Flexible repayments. You can make weekly, fortnightly, or monthly repayments with this loan. You have the ability to make extra repayments, although any amount exceeding $10,000 p.a. in the form of extra repayments can attract an extra repayment fee. While you can repay the loan off ahead of schedule, an early loan termination fee applies if the loan is paid off during the fixed term. In addition, you can make interest-only payments for up to five years.
  • Credit card. At the time of application you get to choose either a Bankwest Qantas MasterCard or a Bankwest More MasterCard (Classic, Gold and Platinum tiers only). Your product tier will be determined based on the credit limit you are approved for. All of these credit cards give you the ability to earn reward points, and the annual fee is waived under the package.


There isn't any application fees charged with this loan you will also have annual fees on packaged credit cards and offset accounts waived with this loan. Below are some of the fees that are charged with this loan:

  • Annual loan package fee: $395. This fee is for the maintenance of your loan accounts and all the benefits that come with this package home loan.
  • Portability fee: $350. This fee is charged if you sell your property and want to move your home loan to this new property.

How to apply for the Bankwest Complete Fixed Home Loan

To apply for the Bankwest Complete Home Loan Package - Fixed Rate you can complete your application online in a matter of minutes on the Bankwest website. Alternatively, you can also visit any Bankwest branch or initiate the application process over the phone.

You should meet the following eligibility criteria before applying for the loan:

  • You are at least 18 years old

The application process also requires that you submit a variety of personal, financial, and employment-related information so make sure you have the following at hand when completing your application:

  • ID: A driver's license or passport
  • Employment: Details of your current employer, name, contact details, how long you have been with the company, position
  • Income: Details of your annual income and monthly expenditure
  • Other assets: A complete list of your assets and liabilities

While this fixed rate home loan package offered by Bankwest deserves your attention, know that there are other lenders who offer similar packages. As a result, compare your options well before you sign along any dotted line.

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Bankwest Complete Home Loan Package – Fixed Rate Interest Rate History vs RBA Cash Rate Graph

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This page was last modified on 4 October 2016 at 10:16.

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Bankwest Complete Home Loan Package Fixed

  • Interest Rate


  • Comparison Rate


  • App Fee / Annual Service Fee

    $0 / $395

  • Max LVR


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