Comparing Westpac Premier Advantage Equity Access Loan vs Westpac Premier Advantage Package

Lender WestpacWestpac
Home Loan Premier Advantage Equity Access LoanPremier Advantage Package
Interest Rate 6.54%6.39%
Summary

The Westpac Premier Advantage Equity Access Loan incorporates the Westpac line of credit loan in to a dynamic loan package. Borrowers who choose this option get all of the great benefits of the Equity Access Loans, a product that allows you to use the house or investment property’s equity to pay for other personal expenses, fund new investments, or make improvements to the property. […] 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 $2,539$2,499
Sample Term 30 years30 years
Home Loan Type Line of CreditVariable
Application Fee $0$0
Monthly Fee $0$0
Annual Fee $395$395
Sample Cost
1 Years
$30,861$30,388
Savings After
1 Years
 Save $473
100% Offset Account  Yes
Extra Repayments YesYes
Redraw Facility YesYes
Contruction  Yes
More Information