Bankwest Equaliser Home Loan Bankwest Equaliser Home Loan LVR <80% >$200K (Owner Occupied) (Principle & Interest)
4.25%p.a Standard Variable
Repayments calculated to take into account ongoing monthly and anual fees.
- Monthly repayment*
- rate per annum
Loan to Value Ratio
Borrow up to the maxium of 80% of the value of the property.
Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.
However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.
- Capitalise LMI
For Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 3 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
Save on interest repayments by holding spare cash in an offset account.
- Offset account
Get quick access to cash by drawing on the loan to pay for renovations or other purchases.
- Redraw Facility
- Min Redraw
- Redraw fee
Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.
Some features you may wish to consider include:
- an offset account;
- ability to make extra repayments;
- a redraw facility; and
- linked credit card and savings accounts;
- ability to split your loan between fixed and variable interest rates
- Offset Account
- Redraw Available
- Credit Card
- Internet Banking
- Telephone Banking
- BPay Option
- Portability of Loan
- Professional Pack
- Check Account
- Direct Salary Credit
- Free Transactions
- Minimum Redraw
- Redraw Fee
You can make your repayments Fortnightly, Monthly, and Weekly.
- Interest Only Option
- Max Interest Only
- 5 years
Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.
Monthly and annual fees and charges during the loan period.
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
Bankwest Equaliser Home Loan is a three-year introductory product that offers a fixed discount off the average standard variable rate of three major banks. Available to both owner occupiers and investors for new lending above $200k and <80% LVR with principal & interest repayments only, the Bank Tracker will be a no-frills home loan without complex features such as offset accounts, increases, interest only repayments, construction or lending to non-personal entities. Conditions apply. Principal & Interest Only (Interest Only is not permitted during the intro period) $200k (splits below $200k are not permitted) Offset is NOT permitted during the introductory term but can be linked once the product rolls to the Mortgage Shredder Home Loan Construction purpose is not permitted, customers considering construction may wish to consider another product e.g. CHLP Go to product: Mortgage Shredder Personal name borrowers only (not available to companies or trusts) Customers wishing to increase their Bank Tracker Facility will need to change to a non-intro product or take a split for the increased amount. The split can be a new Bank Tracker product. Existing customers cannot transfer to this product as it is only available for new lending. Transfers from Bank Tracker to another non-intro product are permitted at any time. ($95 HLT fee applicable)
Transfers to another non-intro product incur $95 HLT fee. Effective Friday, 3 February 2017 the application fee of $695 on the Equaliser Home Loan will be waived until further notice. The waiver will apply to applications submitted on or after 3 February 2017.