Westpac - Choices Fixed (1 year) (Special)

Bank

last updated on 2018-10-09 15:27:59

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Overview

Rating

Fixed Rate

4.39%

Floating rate

 

Min borrowing period

12 months

Establishment fee

$400

Early repayment/part prepayment fee

Early repayment break costs on your fixed rate loanIf you've come into some money and want to pay off your fixed rate loan, or you break the fixed term to get a lower interest rate, we charge a break cost. This cost is based on a complex formula, but in simple terms it calculates whether we've incurred a loss as a result of the prepayment or switch.If you'd like to know what your break cost might be, just contact us and we can give you a quote. This quote is valid until the close of business, the following working day.

Сashback

 

Fixed rate period

12 months

Maximum borrowing amount

$650 000

Max borrowing period

360 months

Payment frequency

fortnightly

Default penalty interest rate

+5%

Type

Mortgage purpose

  • Building
  • Buying Next Home
  • First Time Buyer
  • Investor

Loan to value ratio

Standard LVR

80%

low equity interest rate premium
LVR betweenpremium interest rate
80% - 100% 1.5%
Max LVR

100%

Requirements

Requirements

  • 18+
  • NZ Residency