Bankwest Home Loans Rates & Fees Comparison

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Bankwest offers a range of home loans that suit the first home buyer, investor or refinancer.

Bankwest has more than 1 million retail customers in Australia and 211 stores and business banking centres across Australia. Check out our Bankwest home loan comparison below to find the right home loan option for first home buyers, refinancers and investors.

$1,500 cashback offer - limited time only

New borrowers and refinancers can get $1,500 cashback when taking out a new owner occupier or investor loan (principal and interest repayments) with Bankwest. You must apply between 17 September and 30 November 2018 and borrow up to 90% of a property's value with a minimum loan amount of $350,000. Internal refinancers and refinancers switching from Commonwealth Bank are ineligible for the cashback offer.

You must settle by 1 February 2019 to qualify for this offer. Other terms and conditions apply.

Bankwest home loans comparison

Rates last updated October 23rd, 2018
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
3.88%
4.51%
$0
$395 p.a.
90%
Lock in a very competitive 2 year rate and get package discounts on your credit card and offset account. $1,500 cashback available (conditions apply).
4.14%
4.56%
$0
$395 p.a.
90%
Package your loan with an eligible credit card for discounts on rates and fees, and get a 100% offset account. Get a $1,500 cashback (conditions apply).
3.98%
4.52%
$0
$395 p.a.
90%
Take advantage of a low 3 year fixed rate, 40% offset account and no application fee.
4.54%
4.73%
$0
$395 p.a.
90%
Get the security of knowing your repayments with this 5 year fixed rate package home loan.
4.68%
5.09%
$0
$395 p.a.
95%
A great package with no application fee and a maximum LVR of 95%.
4.21%
4.57%
$0
$395 p.a.
90%
Fix your home loan for just 1 year with this competitive rate.
4.44%
4.66%
$0
$395 p.a.
90%
Enjoy a 4 year fixed rate and flexible repayment options.
4.13%
5.25%
$295
$12 monthly ($144 p.a.)
90%
Get budgeting certainty with a competitive 3-year fixed rate.
4.24%
4.26%
$0
$0 p.a.
90%
A low interest home loan with no application or ongoing fees and an offset account.
4.03%
5.34%
$295
$12 monthly ($144 p.a.)
90%
Lock in a fixed rate for 2 years with a partial offset account.
4.99%
$0
$395 p.a.
90%
Enjoy a competitive interest rate with no application fee.
4.99%
$0
$395 p.a.
80%
Get all the benefits of Bankwest's Complete Package Home Loan with a line of credit.
4.99%
$0
$395 p.a.
80%
Enjoy a competitive interest rate with no application fee.
6.42%
6.45%
$695
$0 p.a.
25%
Borrow up to 25% of your home's value with this reverse mortgage.

Compare up to 4 providers

Rates last updated October 23rd, 2018
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
3.98%
5.01%
$0
$395 p.a.
90%
Fix the rate on your investment property for 2 years with this competitive home loan package.
4.74%
5.15%
$0
$395 p.a.
90%
Package all your financial needs with this 5 year fixed rate package home loan for investors.
4.28%
5.03%
$0
$395 p.a.
90%
Invest in your dream property with a secure fixed rate and 40% offset account.
4.60%
5.10%
$0
$395 p.a.
90%
Flexible repayment options and 40% offset with a 4 year fixed rate.
4.31%
5.11%
$0
$395 p.a.
90%
Enjoy the security of 1 year fixed rate investment home loan.
4.89%
5.74%
$295
$12 monthly ($144 p.a.)
90%
A fixed rate loan with low ongoing fee and borrow up to 90% LVR.
4.75%
5.77%
$295
$12 monthly ($144 p.a.)
90%
A fixed rate loan with low ongoing fee and borrow up to 90% LVR.
4.46%
6.09%
$295
$12 monthly ($144 p.a.)
90%
A fixed rate loan with low ongoing fee and borrow up to 90% LVR.
4.43%
5.79%
$295
$12 monthly ($144 p.a.)
90%
A fixed rate loan with low ongoing fee and borrow up to 90% LVR.
4.13%
5.88%
$295
$12 monthly ($144 p.a.)
90%
A fixed rate loan with low ongoing fee and borrow up to 90% LVR.

Compare up to 4 providers

Types of Bankwest home loans

The type of home loan you are best suited to depends on your financial situation, your financial goals and the type of property you have or are buying:

  • Variable rate home loans. Bankwest offers a range of competitive variable rate loans. You can take advantage of low introductory rates, discounted for the first year of your loan to help you ease into being a mortgage holder.

The Premium Select Home Loan

  • Fixed rate home loans. If you're on a tight budget or just like the security and reliability of knowing what your repayments are going to be, you may want to consider a Bankwest fixed interest rate loan. You can reduce your interest repayments if you take advantage of the linked offset facility.

The Fixed Rate Home Loan

  • Accessing equity. If you have an existing home you may consider using a Bankwest equity loan to access the value you have built up in your property. You can use a Bankwest line of credit facility as part of your equity loan, or use the specialised seniors equity release option to help fund your retirement.

The Complete Equity Home Loan

  • First home buyer loans. Bankwest is also able to offer support for first home buyers who may not have the required documentation and may benefit from a discount in the first year of their loan.
  • Investment loans. Bankwest offers interest-only repayments for investors, a complimentary credit card to help you manage expenses and a fixed interest rate loan to maintain cash flow or a loan with no ongoing fees.

The Complete Home Loan Package

Get an idea of your repayments by filling in some of your details

How to apply for a Bankwest home loan

Conditional approval in 15 minutes

A Bankwest lending specialist can give you conditional approval for a home loan within 15 minutes. This allows you to start looking for your home while you organise the information that Bankwest needs.

Online application

If you are looking to apply for a home loan with Bankwest then one of the most convenient ways to do so will be to fill out an online application.

In-person application

If you prefer the personal touch you may want to apply for a Bankwest home loan in person at a branch. If Bring your two latest payslips and a group certificate or a tax return, as well as proof of identification.

Apply over the phone

When you call Bankwest you will be able to talk to a staff member who will walk you through the application process.

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Read more on this topic

Home Loan Offers

Important Information*
UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000

Take advantage of a low-fee mortgage with a special interest rate of just 3.59% p.a. and a 3.59% p.a. comparison rate.

loans.com.au Essentials - Variable (Owner Occupier, P&I)

A competitive interest rate home loan with interest only options. Interest rate 3.64% p.a.
comp rate of 3.66% p.a.

Tic:Toc Live in Loan Variable Rate - Principal & Interest

Get a very low interest rate and avoid big fees. Apply online for full approval in under 30 minutes and add a 100% offset account for $10 a month.

HSBC Home Value Loan - (Owner Occupier P&I)

Get a low interest rate loan with no ongoing fees. Plus you can make extra repayments and free redraw online. Available with just a 10% deposit.

Ask an Expert

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14 Responses

  1. Default Gravatar
    PidgeMay 26, 2015

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

    • finder 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.

    • finder 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

    • finder Customer Care
      ShirleyFebruary 12, 2015Staff

      Hi Brown,

      Thanks for your question.

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

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

      For more information, please see our page on home loan exit fees.

      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

    • finder 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

    • finder 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.

      If you would like compare construction home loans, please see this page.

      Cheers,
      Shirley

  6. Default Gravatar
    JoeOctober 12, 2013

    I want to be a Guarantor for my daughter who wants to borrow $335000 to buy a unit in Merrylands. She wants to borrow 100% loan. I have two mortgages with bankwest. No problem with my repayments. Value of my houses $1800000. I owe bankwest on both mortgages $546000. If I can get a loan from the bank I may transfer my loans to a bank that will accept to give my daughter the loan and I am her guarantor. My daughter has permanent job with the department of corrective services on an income of $70000 plus a year.

    • finder Customer Care
      MarcOctober 14, 2013Staff

      Hello Joe,
      thanks for the question.

      You may wish to speak to Bankwest directly regarding this matter, as they’ll be able to help you with the ins and outs of guarantor loans.

      Cheers,
      Marc.

  7. Default Gravatar
    AnnSeptember 29, 2013

    My 3 year fixed rate with you ends in March 2014. What is the going rate to refinance? At present it is an investment property, but I wish to reside in it if the price is right

    • finder Customer Care
      MarcSeptember 30, 2013Staff

      Hi Ann,
      thanks for the question.

      This will depend on the Bankwest loan you choose to refinance to. It may be helpful to contact Bankwest directly regarding rate negotiation.

      I hope this helps,
      Marc.

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