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Westpac Rocket Repay Home Loan

Special limited time offer when you package a new Rocket Repay Home Loan under our Premier Advantage Package: receive up to a total of 1% p.a. discount off the standard variable rate depending on the total packaged loan amounts (new and existing). 

Own your home sooner with a 100% offset to save on interest 

When you offset your Rocket Repay Home Loan with your Westpac Choice account you could reduce the interest you'll pay. 

Rocket Repay has great flexible features 

  • A handy redraw facility - Set up a redraw facility to redraw excess funds from your loan at no extra cost
  • Increase your home loan - Apply to access more funds using our "top up / loan increase" facility (fees apply)
  • Make extra payments and take a repayment holiday - If you've made extra repayments, you can take a break from making repayments
  • Interest only option available - Pay interest only for up to 5 years (conditions apply).
Loan Details
Product Details -
Min. Loan Amount $25,000
Max. Loan Amount $20,000
Max. Loan Term 30 years
Standard Rates
Interest Rate Type Variable
Min. Current Rate 5.68% p.a.
Comparison Rate 5.82% p.a.
Fixed Interest Option No
Fixed Term -
Loan Features
Repayment Type Principle & Interest or Interest Only
Max. Insured LVR 95%
Max. LVR 80%
Loan Redraw Facility Yes
Mortgage 100% Offset Yes
Mortgage Offset Account Yes
Split Loan facility Yes
Loan Portable Yes
Repayment Option Weekly, Fortnightly or Monthly
Available as Equity Loan/Line of Credit No
Fees
Application Fee $600
Annual Service Fee $96
Exit Fee $350
Legal Fee $0
Settlement Fee $0
Valuation Fee $0

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