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DIY online changes

When you sign into Online Banking or the Westpac App, you can check your loan balance, current rate, or more:
 

Learn more about your loan

Buying your next home

Thinking of selling or buying your next home or building a property portfolio for the future? Learn more:

We’re here to help with your home loan

Whether you need a home loan health check, a new loan or want to switch to Westpac, start a conversation with us now.

Call 8am-8pm, 7 days (Sydney time)

Fixed rate ending soon? The choice is yours 

2-6 months left

6-8 weeks left

View your latest interest rate options in the Westpac App or Online Banking: you can re-fix online, automatically roll onto a variable interest rate with a special discount^^ or split your loan later. We'll mail you a fixed rate expiry letter.

 

2 weeks left

Two weeks out, you can re-fix over the phone, or we can review your rate and options.

 

Make updates to meet your home loan needs

Sometimes changes to the economy or personal circumstances mean you need to refocus your home loan to get your goals back on track.

What happens when my fixed term ends?

Your options are rolling onto our variable rate, re-fixing or splitting your loan.


View my fixed expiry options

Looking to use your equity to help fund home renovations?

Whether renovating to sell or stay, a ‘top up’ could be the most economical solution.


Home loan increase

Selling, changing loan security, or thinking of moving banks?

We can help you every step of the way, from updating security to releasing your loan.


Update loan security


Ways to lower mortgage stress

Genuine support and practical options, which could include reducing your minimum repayments and applying for financial hardship assistance. 
 

Frequently asked questions

Yes, you can if you use your home loan’s portability feature. Portability allows you to change the property secured against your loan from your old property to your new one without closing out your existing loan. Portability avoids all the time, costs, and hassles of applying for a brand-new loan. Best of all, if you have a fixed rate home loan, you can buy and sell using portability without the fear of paying break costs.

 


For questions or more information about portability call: 132 558 8am-8pm (Sydney time), Monday-Saturday, or request a callback.

Things you should know

Conditions, credit criteria, fees and charges apply. Based on Westpac's credit criteria, residential lending is not available for Non-Australian Resident borrowers.

Key Fact Sheet for Home Loans


Read the following terms and conditions before making a decision and consider whether the product is right for you:

Online Banking Terms and Conditions effective as at 26 August 2018 (PDF 547KB).


#Premier Advantage Package: Conditions of Use and $395 annual package fee applies. You must either hold or be approved for a Westpac Choice transaction account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Applicants must have a Westpac Choice transaction account linked to the home loan at the time of settlement and must keep this account open for 60 days after settlement. Before deciding to acquire a Westpac Choice account, read the terms and conditions, and consider whether the product is right for you. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.
Premier Advantage Package Conditions of Use (PDF 120KB)


*Loan repayment options: Conditions apply for all the options listed. Please be aware that:

  • Reduced loan repayments: It is important to understand that at the end of the reduced repayment period, the repayment amount will increase to adjust for the reduced repayments. This ensures that the loan is still repaid within its original term. Read the disclosure documents for your selected product or service before deciding if this option is right for you.
  • Mortgage repayment pause: It is important to understand that you’ll continue to accrue interest while your repayments are paused. The length of your pause is determined by the amount of extra funds you have in your loan. Read the disclosure documents for your selected product or service before deciding if this option is right for you.
  • Switching to interest-only repayments: It is important to understand that interest rates for loans with interest-only repayments are higher. Your repayments will increase at the end of the interest-only period as the amount you’ve borrowed will need to be paid back in a shorter timeframe. This also means you’ll pay more interest over the life of the loan on interest-only repayments than if you’d opted to continue paying principal and interest.

 

^Changing repayment amount or frequency: Cannot be performed on an interest-only loan. However, you may make extra repayments. For more details on interest-only home loans


^^Available for Owner Occupier and Investment Property Loans with Principal & Interest and Interest only repayments. Excludes Line of Credit, Equity Access Loans.


**
Interest Only repayments.
Conditions apply. It’s important to understand that interest rates for loans with Interest Only repayments are higher. Your repayments will increase at the end of the Interest Only term as the amount you’ve borrowed will need to be paid back in a shorter timeframe. This also means you’ll pay more interest over the life of the loan with an Interest Only repayment term, than if you’d opted to continue paying principal and interest.