A simple, flexible variable loan designed to save you fees.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Comparison* | Applies to | Conditions | Source | Since |
|---|---|---|---|---|---|
| 8.27% | 8.30% | Variable · investment · interest only · LVR 90% or less | CDR | 1 Nov 2026 | |
| 6.69% | 6.72% | Variable · investment · principal and interest · LVR 60% or less | CDR | 1 Nov 2026 | |
| 6.74% | 6.77% | Variable · investment · principal and interest · LVR 60%–70% | CDR | 1 Nov 2026 | |
| 6.74% | 6.77% | Variable · investment · principal and interest · LVR 70%–80% | CDR | 1 Nov 2026 | |
| 7.04% | 7.07% | Variable · investment · principal and interest · LVR 80%–90% | CDR | 1 Nov 2026 | |
| 7.74% | 7.77% | Variable · investment · principal and interest · LVR 90%–95% | CDR | 1 Nov 2026 | |
| 7.59% | 7.62% | Variable · owner occupied · interest only · LVR 80% or less | CDR | 1 Nov 2026 | |
| 6.44% | 6.47% | Variable · owner occupied · principal and interest · LVR 60% or less | CDR | 1 Nov 2026 | |
| 6.49% | 6.52% | Variable · owner occupied · principal and interest · LVR 60%–70% | CDR | 1 Nov 2026 | |
| 6.49% | 6.52% | Variable · owner occupied · principal and interest · LVR 70%–80% | CDR | 1 Nov 2026 | |
| 6.74% | 6.77% | Variable · owner occupied · principal and interest · LVR 80%–90% | CDR | 1 Nov 2026 | |
| 7.14% | 7.17% | Variable · owner occupied · principal and interest · LVR 90%–95% | CDR | 1 Nov 2026 | |
| 8.62% | 8.65% | Variable · owner occupied · principal and interest · LVR 95%–98% | CDR | 1 Nov 2026 |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable.
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Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://open-api.bankwest.com.au/bwpublic/cds-au/v1/banking/products/a89c13433bc142f9a6c659dcc1961abd- Content hash
sha256 7cefea17b4418e6fbfb299a5eeb02c2d05e78440436c43ce5fa22053c96cceb3- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_7cefea17b4418e6f_4c918a3cShow details
- Checked
- 1 Nov 2026
- URL
https://open-api.bankwest.com.au/bwpublic/cds-au/v1/banking/products/a89c13433bc142f9a6c659dcc1961abd- Content hash
sha256 7cefea17b4418e6fbfb299a5eeb02c2d05e78440436c43ce5fa22053c96cceb3- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Application Fee | Upfront | $695.00 |
| Bank Cheque Fee | Transaction | $10.00 |
| Arrears Notice Fee | Event | $35.00 |
| Legal Fees | Event | Set in your letter of offer |
| Mortgage Registration Fee | Upfront | Set in your letter of offer |
| Discharge of Pre-existing Mortgage Registration Fee | Exit | Set in your letter of offer |
| Transfer of Land Registration Fee | Event | Set in your letter of offer |
| Third Party Fees (including legal fees) Associated with the Discharge | Event | Set in your letter of offer |
| Discharge of Mortgage Registration Fee | Exit | Set in your letter of offer |
| Security Assessment Fee | Event | Set in your letter of offer |
| Legal Disbursement Fee | Upfront | $350.00 |
| Preparation of Discharge of Mortgage Fee | Exit | $300.00 |
| Discharge Settlement Attendance Fee | Exit | $38.20 |
| Title Production Fee | Event | $130.00 |
| Search Handling Fee | Event | $40.00 |
| Progress Payment Fee | Event | $80.00 |
| Home Loan Portability Fee | Variation | $350.00 |
| Default Administration Fee | Event | $50.00 |
| Loan Increase Fee | Variation | $295.00 |
| Lenders Mortgage Insurance | Upfront | Set in your letter of offer |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Other | Topping up or increasing your home loan is a way to unlock more funds by borrowing against the equity you've built up on your current property. | |
| Other | One standard valuation included. Any amount in excess of the standard fee is to be met by the customer. | |
| Other | Make weekly or fortnightly repayments, instead of monthly | |
| Other | A bridging loan could help you purchase a new property to live in, before you sell your existing home. It's a temporary loan, for up to 6 months, however you'll need to sell and settle your current property within the loan term. The proceeds from the property sale will go towards paying off the bridging loan. | |
| Npp enabled | An account of this product type can be used to receive funds as a result of a BSB/Number based NPP payment. | |
| Digital banking | You can start banking with us anytime using the Bankwest App or Bankwest Online Banking. | |
| Extra repayments | You can make unlimited extra repayments with our variable rate home loans. | |
| Guarantor | A guarantor is someone who agrees to be responsible for repaying a debt owed to us under a loan provided to another individual if the borrower (or borrowers) cannot make their repayments. A guarantor supports the loan by providing us with an additional property as security. By providing a guarantee, we may lend to the borrower in situations where they may not have been able to secure the full amount of the loan they require. Independent legal and financial advice is required for these applications. | |
| Other | Track your application online in real time with our Home Loan Application Tracker. | |
| Other | To reduce your limit, send a request in Bankmail via online banking or chat to your lender or broker. | |
| Other | Up to 30 years. | |
| Other | This loan can be used for the purposes of owner occupied or investment property purchases, refinancing your existing home loan, purchasing of vacant land (non-commercial), personal needs, off the plan purchases and building/construction purposes. | |
| Other | Sufficient security must be an acceptable residential mortgage | |
| Other | If you're worried about fluctuating interest rates, you could choose to fix a portion of your home loan for an agreed term (of one to five years) while keeping the rest variable for extra flexibility. One great benefit of a fixed rate loan is that your repayments won't change for the entirety of the fixed term, which could help you to budget. | |
| Other | You can switch between Variable Home Loan and Fixed Rate Home Loan. Early termination fees may apply when switching from a Fixed Home Loan. | |
| Notifications | Notifications | Custom alerts are available for mobile personal banking accounts on eligible devices in which you have the Bankwest App installed and notifications enabled. Limited alerts only are available for credit products. |
| Offset | Link an Offset account to your Bankwest Simple Home Loan. This can help you reduce the amount of interest that you pay over the life of your loan. | |
| Redraw | Access your surplus balance when you need, available via online banking. | |
| Other | Principal & Interest or Interest only options are available. | |
| Eligibility: min age | 18 | Customers must be an individual 18 years or older. |
| Eligibility: natural person | Individuals | |
| Eligibility: other | Australia | Security of the home loan is located in Australia. |
| Eligibility: other | Credit Assessment | Meet Bankwest's credit assessment criteria which includes demonstrating the capacity to make the required repayments and the ability to pay off the loan without substantial hardship. |
| Eligibility: other | Living and working overseas | When both living and working overseas, must be an Australian Citizen; or a New Zealand Citizen; or an Australian permanent resident. |
| Eligibility: residency status | Australian citizen or Australian permanent resident | Be an Australian citizen or Australian permanent resident, or specified temporary resident. (Limited exceptions may apply subject to conditions.) |
| Eligibility: residency status | New Zealand Citizen | Be a New Zealand citizen. |
| Eligibility: residency status | Overseas Citizen | An overseas citizen who is co-borrowing with an Australian citizen or permanent resident. |
| Limit: max lvr | 0.98 | |
| Limit: max lvr | 0.95 | |
| Limit: max lvr | 0.8 | |
| Limit: max lvr | 0.9 | |
| Limit: min lvr | 0 | |
| Limit: min limit | 20000.00 |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · investment · principal and interest · LVR 70%–80% | 1 Nov 2026 | Current | 6.74% | 6.77% |
| Variable · owner occupied · principal and interest · LVR 60%–70% | 1 Nov 2026 | Current | 6.49% | 6.52% |
| Variable · investment · principal and interest · LVR 60%–70% | 1 Nov 2026 | Current | 6.74% | 6.77% |
| Variable · owner occupied · principal and interest · LVR 80%–90% | 1 Nov 2026 | Current | 6.74% | 6.77% |
| Variable · owner occupied · principal and interest · LVR 60% or less | 1 Nov 2026 | Current | 6.44% | 6.47% |
| Variable · investment · principal and interest · LVR 80%–90% | 1 Nov 2026 | Current | 7.04% | 7.07% |
| Variable · owner occupied · principal and interest · LVR 95%–98% | 1 Nov 2026 | Current | 8.62% | 8.65% |
| Variable · investment · principal and interest · LVR 60% or less | 1 Nov 2026 | Current | 6.69% | 6.72% |
| Variable · investment · interest only · LVR 90% or less | 1 Nov 2026 | Current | 8.27% | 8.30% |
| Variable · owner occupied · principal and interest · LVR 70%–80% | 1 Nov 2026 | Current | 6.49% | 6.52% |
| Variable · owner occupied · interest only · LVR 80% or less | 1 Nov 2026 | Current | 7.59% | 7.62% |
| Variable · investment · principal and interest · LVR 90%–95% | 1 Nov 2026 | Current | 7.74% | 7.77% |
| Variable · owner occupied · principal and interest · LVR 90%–95% | 1 Nov 2026 | Current | 7.14% | 7.17% |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable.
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