⚡️⚡️⚡️
With energy prices rising, switch to a cheaper plan
💡
Compare Prices Now
⚡️⚡️⚡️
Bankwest Logo

Bankwest home loans

Bankwest has home loans for owner-occupiers and investors, with rates starting from 3.43%.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Bankwest is an Australian financial institution owned by Commonwealth Bank. Bankwest has home loans for investors and owner-occupiers, including fixed and variable rates, plus package loans. Check out the full table of Bankwest products below or read more about the lender and its loans.

Compare Bankwest home loans for June 2022

Hit the "Load more" button to compare a bigger selection of products. You can also find more information on each individual product by clicking "More info".

1 - 5 of 12
$
years
Name Product Interest Rate (p.a.) Comp. Rate p.a. Fees Monthly Payment

Bankwest Complete Home Loan Package Variable P&IHome≥ 10% Deposit $200k+

Bankwest Complete Home Loan Package Variable
3.74%
4.17%
  • App: $0
  • Ongoing: $395 p.a.
$695
Package your loan with an eligible credit card for discounts on rates and fees, and get a 100% offset account.

Bankwest Complete Home Loan Package Fixed P&IInvestment 2Y Fixed≥ 10% Deposit

Bankwest Complete Home Loan Package Fixed
5.09%
5.16%
  • App: $0
  • Ongoing: $395 p.a.
$815
Fix the rate on your investment property for 2 years with this competitive home loan package.

Bankwest Complete Home Loan Package Fixed P&IInvestment 3Y Fixed≥ 10% Deposit

Bankwest Complete Home Loan Package Fixed
5.39%
5.28%
  • App: $0
  • Ongoing: $395 p.a.
$843
Invest in your dream property with a secure fixed rate and 40% offset account.

Bankwest Complete Home Loan Package Fixed P&IHome 2Y Fixed≥ 10% Deposit

Bankwest Complete Home Loan Package Fixed
5.09%
4.41%
  • App: $0
  • Ongoing: $395 p.a.
$815
Lock in a very competitive 2 year rate and get package discounts on your credit card and offset account.

Bankwest Complete Home Loan Package Fixed P&IHome 3Y Fixed≥ 10% Deposit

Bankwest Complete Home Loan Package Fixed
5.39%
4.61%
  • App: $0
  • Ongoing: $395 p.a.
$843
Take advantage of a low 3 year fixed rate, 40% offset account and no application fee.
loading

Compare up to 4 providers

Bankwest key facts

  • Bankwest's most competitive rates are its package home loans, so if you want to bundle your loan with an offset account and a credit card, it's a good option to consider.
  • Bankwest is owned by the Commonwealth Bank and has strong online support plus a branch network. Check to see if there's a branch near you.
  • You can get many Bankwest home loans with just a 10% deposit saved.
  • In addition to home loans, Bankwest also offers savings accounts, credit cards and more.

Review by our senior home loans writer Richard Whitten

Bankwest home loan features

Here are the key features and details you need to know about Bankwest's mortgage products.

FeatureDetails
Minimum depositSome Bankwest home loans are available with a 10% deposit (90% max insured LVR), including some of its most competitive rates.
Offset account?Bankwest's package loans come with offset accounts.
FeesBankwest loans have very low fees, including no application or ongoing fees. This could save you hundreds of dollars in loan costs.
Repayment optionsBoth Bankwest's fixed and variable rate loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal-and-interest repayments on its loans.
Package benefitsThe Bankwest Complete Home Loan Package lets you combine a credit card, mortgage and transaction account (with offset) for one annual fee.

How do I apply for a Bankwest mortgage?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

Each Bankwest product has specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Bankwest you are required to provide certain information, so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

Lenders like Bankwest

If you want to compare loans from lenders similar to Bankwest then you could look at the Big Four or some of Australia's other mid-sized lenders.

  • Big Four banks. Check out home loans from Australia's Big Four banks.
  • AMP. AMP is a large Australian lender and financial services provider.
  • Suncorp Bank. This Queensland-based lender also provides insurance and superannuation services.
  • Macquarie Bank. This retail and investment bank is one of Australia's largest.
  • Bank of Queensland. One of the country's largest banks after the Big Four.
  • ING. This online bank is part of the global, Dutch-based financial group of the same name.

More home loan questions

More guides on Finder

Home Loan Offers

Important Information*

Find the right home loan now

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

14 Responses

  1. Default Gravatar
    PidgeMay 26, 2015

    Do I make an appointment to come into a branch to apply for a home loan

    • Avatarfinder Customer Care
      MarcMay 29, 2015Staff

      Hi Pidge,
      thanks for the question.

      You can apply for a home loan in a number of ways. By clicking the ‘Go to Site’ button on this page, you’ll be taken to the Bankwest site where you can apply online, arrange a call back, or make an appointment to apply in person.

      I hope this helps,
      Marc.

  2. Default Gravatar
    AlamMay 12, 2015

    Did Bankwest revise interest rates for home loan after the RBA reduction of 0.25%? Cant find any info.

    • Avatarfinder Customer Care
      MarcMay 13, 2015Staff

      Hi Alam,
      thanks for the question.

      Bankwest recently announced a rate reduction of 0.17%, which is effective for existing customers on the Tuesday 19 May.

      Cheers,
      Marc.

  3. Default Gravatar
    brownFebruary 12, 2015

    when paying off a mortgage in full, what charges are there

    • Avatarfinder Customer Care
      ShirleyFebruary 12, 2015Staff

      Hi Brown,

      Thanks for your question.

      If you repay your mortgage early, you will be liable for break fees and discharge costs.

      The fees and charges will depend on your loan and how early you paid it off.

      You may find this guide to home loan exit fees as your reference to know more about the fees if you want to pay off your loan ahead of time. Remember to revisit the relevant product disclosure statement and terms and conditions of your loan.

      Cheers,
      Shirley

  4. Default Gravatar
    sharonJune 8, 2014

    retired 65 & 63- mortgage free home valuation $600000. impaired credit rating, defaults paid or being paid.
    equity release is this possible

    • Avatarfinder Customer Care
      ShirleyJune 10, 2014Staff

      Hi Sharon,

      Thanks for your question.

      Please contact your home loan consultant or the customer service team at Bankwest to enquire about this.

      Cheers,
      Shirley

  5. Default Gravatar
    xaynMay 14, 2014

    HI there
    do you guys offer loan on land? will it be home loan or investment loan ?
    thanks

    • Avatarfinder Customer Care
      ShirleyMay 15, 2014Staff

      Hi Xayn,

      Thanks for your question.

      Bankwest offers a few home loans if you intend to build a new home, it can be for both investment or purchasing a home.

      You may refer to our page and compare construction home loans. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

      Cheers,
      Shirley

Go to site