Skip to main content Skip to main navigation Skip to accessibility page Skip to search input

Home Loans

Here's how it works

default
Do it your way
Get your home loan online, over the phone or face-to-face. Whatever suits you.
default
Paperless process
Paperwork. Yuck. Use our step-by-step online process to apply instead.
default
Get your own rate
We'll personalise an interest rate to you as soon as you finish your application.
default
Ask us anything
Not a home loan expert? Don't worry - we are. Ask our Concierge today.

 

Fixed Rate Home Loan

One low rate, fixed from 1-5 years.

For New Owner Occupier (Principal & Interest), Advantage Package Home Loans. LVR+ above 60% up to 80%. $395 annual package fee.

 

2.89% p.a.
1 year fixed rate
3.81% p.a.
Comparison rate*
2.89% p.a.
2 year fixed rate
3.77% p.a.
Comparison rate*
2.89% p.a.
3 year fixed rate
3.72% p.a.
Comparison rate*
2.89% p.a.
4 year fixed rate
3.68% p.a.
Comparison rate*
2.89% p.a.
5 year fixed rate
3.64% p.a.
Comparison rate*

T&C's apply. See comparison rate warning.

Free property report

Discover what you need to know about the property trends in your suburb or the estimated value of a property you're looking to buy.

Compare our Home Loans

See at a glance how fees, features and loan purposes differ by product.

 

Compare our Home Loans

Start your application online

Learn how much you could borrow.
Receive indicative approval in under 15 minutes.
Our Concierge will call you once you've submitted your application to help handle the rest of the process.

Refinance special offer


$2k

Cashback^ When you refinance

For new Owner Occupier with Principal & Interest repayments and Investment loans. Available on our Advantage Package and Basic home loans. $395 annual package fee. $250k min loan per property refinanced. Excludes refinances from within Westpac Group. Applications received by 31 January 2020, with loan settled by 31 March 2020.

Looking to refinance?

The Detail

Credit criteria, fees and charges apply. Based on Bank of Melbourne’s credit criteria, residential lending is not available for Non-Australian resident borrowers. Interest rates subject to change

Before making a decision, it’s best to read the terms and conditions:

Please read these documents and keep a copy. You can request a paper copy at a branch.

*Comparison Rate:The comparison rate is based on a loan of $150,000 over a term of 25 years. After the fixed rate period expires the interest rate will revert to the applicable Standard Variable rate based on loan category and repayment type. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

+LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the Bank’s valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and don’t change because of changes to the LVR during the life of the loan.