Comparing Westpac Fixed 1 Year vs Westpac Premier Advantage Package

Lender WestpacWestpac
Home Loan Fixed 1 YearPremier Advantage Package
Interest Rate 6.19%6.39%
Summary

The Westpac 1-Year Fixed Rate Home Loan is the introductory term for Westpac’s Fixed Options Home Loan. There are other fixed rate lengths available through Westpac, offering borrowers up to 10 years at a discounted fixed rate. After these terms end, the rate will revert back to the Standard Variable Rate. […] More

The Westpac Premier Advantage Package Variable Home Loan presents customers with the opportunity to bundle their home loan and transaction account together for a minimal annual fee. The home loan offers discounted interest rate on the standard variable rate making it an attractive home loan product. […] More

Sample Loan Amount $400,000$400,000
Sample Minimum Deposit $52,000 (13%)$52,000 (13%)
Initial Monthly Repayment $2,447$2,499
Sample Term 30 years30 years
Home Loan Type 1 Year FixedVariable
Application Fee $600$0
Monthly Fee $8$0
Annual Fee $0$395
Sample Cost
1 Years
$30,063$30,388
Savings After
1 Years
Save $324 
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction YesYes
More Information