Westpac Fixed Options

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Headline interest rate
6.79%

Max LVR
100%

Annual fee
$96

Moneybuddy says

The Westpac Fixed Options loan lets you know exactly how much you'll pay every month for at least 10 years. You then choose another fixed or variable rate. You can also lock-in the fixed rate at the time of loan approval and make interest only payments.

The Basics

Interest type -

Headline interest rate 6.79%

Max LVR 100%

Annual fee $96

The cool stuff: features

Draw down loan progressively Yes - $200.00 fee applies

Insurance details -

Loan is Transferable Yes

Line of credit available No

Product suits Owner - Occupier

The Facts & Figures

Introductory rate -

Introductory term -

Interest rate 1 year 5.49%

Interest rate 2 years 5.99%

Interest rate 3 years 6.59%

Interest rate 4 years 7.19%

Interest rate 5 years 6.69%

Interest rate 7 years 7.19%

Interest rate 10 years 7.79%

Interest rate 15 years 0%

Comparison rate 1 year -

Comparison rate 2 years -

Comparison rate 3 years -

Comparison rate 4 years -

Comparison rate 5 years -

Comparison rate 7 years -

Comparison rate 10 years -

Comparison rate 15 years -

Comparison rate 8.64%

Minimum loan term -

Maximum loan term 30 years

Min loan amount -

Max loan amount -

Early repayments No

Redraw facility Yes

Repayment holiday No

Ability to split loan No

Extra repayments Yes

Offset account available No

Interest only payments Yes

The ugly stuff: fees

Application fee $600

Valuation fee -

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee -

Settlement fee -

Redraw fee $0

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.