Home loan rates › Westpac
Rocket Loan: Variable Home Loan with Offset (Owner Occupied)
Westpac
CDR officialNot ranked in rate tables
You could save on home loan interest with up to 10 offset accounts, and unlimited extra repayments.
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 |
|---|---|---|---|---|---|
| 7.23% | 7.25% | Variable · owner occupied · interest only · LVR 70% or less | Package rate: an annual package fee usually applies Not compared in rate tables | CDR | 1 Nov 2026 |
| 9.57% | 9.39% | Variable · owner occupied · interest only · LVR 70% or less | Not compared in rate tables | CDR | 1 Nov 2026 |
| 7.33% | 7.35% | Variable · owner occupied · interest only · LVR 70%–80% | Package rate: an annual package fee usually applies Not compared in rate tables | CDR | 1 Nov 2026 |
| 9.67% | 9.49% | Variable · owner occupied · interest only · LVR 70%–80% | Not compared in rate tables | CDR | 1 Nov 2026 |
| 6.64% | 7.01% | Variable · owner occupied · principal and interest · LVR 70% or less | Package rate: an annual package fee usually applies Not compared in rate tables | CDR | 1 Nov 2026 |
| 8.98% | 9.12% | Variable · owner occupied · principal and interest · LVR 70% or less | Not compared in rate tables | CDR | 1 Nov 2026 |
| 6.74% | 7.11% | Variable · owner occupied · principal and interest · LVR 70%–80% | Package rate: an annual package fee usually applies Not compared in rate tables | CDR | 1 Nov 2026 |
| 9.08% | 9.22% | Variable · owner occupied · principal and interest · LVR 70%–80% | Not compared in rate tables | CDR | 1 Nov 2026 |
| 7.04% | 7.41% | Variable · owner occupied · principal and interest · LVR 80%–95% | Package rate: an annual package fee usually applies Not compared in rate tables | CDR | 1 Nov 2026 |
| 9.38% | 9.52% | Variable · owner occupied · principal and interest · LVR 80%–95% | Not compared in rate tables | 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://digital-api.westpac.com.au/cds-au/v1/banking/products/HLVariableOffsetOwnerOccupied- Content hash
sha256 e3733ebdc5595baad0731028b72fad02d0a8704f6a5ec4c45ee1d27c29b88020- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_e3733ebdc5595baa_b5bc574cShow details
- Checked
- 1 Nov 2026
- URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/HLVariableOffsetOwnerOccupied- Content hash
sha256 e3733ebdc5595baad0731028b72fad02d0a8704f6a5ec4c45ee1d27c29b88020- 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 |
|---|---|---|
| Lending Establishment Fee | Upfront | $600.00 |
| Bank Cheque Issuance Fee | Event | $10.00 |
| Monthly Loan Account Fee | Periodic | $8.00 |
| Missed Payment Fee | Late payment | $15.00 |
| Document Processing Fee | Event | $100.00 |
| Account Overdrawn Fee | Event | $15.00 |
| Loan Discharge Fee | Exit | $350.00 |
| Stop Payment Fee | Event | $12.00 |
| Annual Package Fee | Periodic | $395.00 |
| Lenders Mortgage Insurance Premium | Upfront | Set in your letter of offer |
| Property Valuer Fee | Event | Set in your letter of offer |
| Extra repayments | Event | $0.00 |
| Redraw | Event | $0.00 |
| Repayment holidays or Reduced Repayments | Event | $0.00 |
| Construction loan option | Event | $0.00 |
| Portability option | Event | $0.00 |
| Loan switching | Event | $0.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Redraw | Repay or redraw: Make unlimited extra payments to pay off your loan sooner. Or redraw your funds if you need to. | |
| Offset | Offset and save: Every dollar in up to 10 linked offset accounts reduces the interest on your home loan. | |
| Other | Discounted rates: Your lender can tailor a sweet rate, based on your needs. Repay weekly, fortnightly or monthly. | |
| Complementary product discounts | Handy loan options: Package and save for a $395 annual package fee and/or split your loan for added flexibility.. Eligibility criteria, T&Cs apply. | |
| Other | Add a package and save more. You could save over $12k in interest with a Rocket Repay home loan package (based on a $550k variable home loan, a $395 annual package fee applies) | |
| Other | Split your loan balance into separate fixed rate and variable rate accounts for the best of both worlds. | |
| Other | Cancellation of the package: You may cancel your Package at any time by giving us a written request. Your Package will be cancelled, and all benefits will cease, when we receive your written request. | |
| Other | Comparison rate: The comparison rate is based on a loan of $150,000 over the 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. | |
| Other | Loan Payment Method - Direct Debit (preferred), Direct Credit, Branch Payment, Internet or Phone Banking | |
| Other | Repayment frequencies includes weekly, fortnightly or monthly | |
| Other | Substituting a security: You may ask us to accept a new mortgage over other land as a substitute for any mortgage which is security for your loan. We may agree to this if you satisfy any reasonable requirements that we have, such as repaying part of the loan amount. We will require the new mortgage to be provided at the same time that the existing mortgage is discharged. We charge a fee for substituting a mortgage or other security. | |
| Other | Statements of account: We will send you a statement of your loan account at least every six months or more frequently if you request | |
| Other | The product provides switching (from another product) feature | |
| Other | This loan can be part of a combination loan | |
| Other | The product provides options which includes BPAY, reduced repayments (incl. parental leave), progressive drawdown, repayment holiday, portability, smartPay, loan increase (top up), parental guarantee, card access, premier advantage package and lenders mortgage insurance | |
| Digital banking | ||
| Extra repayments | The product includes extra repayment features. | |
| Fraud protection | The product includes fraud protection features. | |
| Guarantor | Subject to terms and conditions, this product includes guarantor features. | |
| Relationship management | Relationship management is available for eligible customers. | |
| Eligibility: min age | 18 | 18+ years old |
| Eligibility: residency status | Those with an Australian permanent residency and who are currently in Australia | |
| Eligibility: natural person | ||
| Eligibility: other | Available to personal customers only. | |
| Eligibility: employment status | Employed or self-employed | |
| Limit: min lvr | 0.00 | |
| Limit: max lvr | 0.95 | |
| Limit: min limit | 10000.00 | |
| Limit: other | ||
| Limit: other |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · owner occupied · interest only · LVR 70% or less | 1 Nov 2026 | Current | 9.57% | 9.39% |
| Variable · owner occupied · interest only · LVR 70%–80% | 1 Nov 2026 | Current | 9.67% | 9.49% |
| Variable · owner occupied · principal and interest · LVR 80%–95% | 1 Nov 2026 | Current | 9.38% | 9.52% |
| Variable · owner occupied · principal and interest · LVR 80%–95% | 1 Nov 2026 | Current | 7.04% | 7.41% |
| Variable · owner occupied · interest only · LVR 70%–80% | 1 Nov 2026 | Current | 7.33% | 7.35% |
| Variable · owner occupied · principal and interest · LVR 70%–80% | 1 Nov 2026 | Current | 6.74% | 7.11% |
| Variable · owner occupied · principal and interest · LVR 70%–80% | 1 Nov 2026 | Current | 9.08% | 9.22% |
| Variable · owner occupied · principal and interest · LVR 70% or less | 1 Nov 2026 | Current | 8.98% | 9.12% |
| Variable · owner occupied · principal and interest · LVR 70% or less | 1 Nov 2026 | Current | 6.64% | 7.01% |
| Variable · owner occupied · interest only · LVR 70% or less | 1 Nov 2026 | Current | 7.23% | 7.25% |
*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.
Tags
| Tag | Meaning | Effect |
|---|---|---|
rate-selected-by-free-text | Reason this product is not ranked | |
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