Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 Home Loan Summary As at Tuesday 11 February 2014 Current Offers Premier Advantage Package – Package your loan for $395 p.a. to save : Save on interest: Discount of up to 0.7% p.a. off selected variable rate home loans and 0.2% p.a. off fixed rate loans; Save on Home Loan fees: No establishment fees (except for Low Doc Loan) or Loan service fees; No fees for switching, moving or increasing your loan; Save on day to day banking fees: Monthly service fee waived on a selected transaction account, plus annual card fee waived on a selected credit card (see westpac.com.au for selected accounts and cards); Save on Insurance, Super and Wealth products: Generous discounts on insurance, superannuation and wealth products4 3 Rates p.a. Equity Loan Fixed Rate Loans Variable Rate Loans Loan features Fully featured Loan with Offset: 100% offset which could help you save on interest Full flexibility with free redraw, top up and access methods Extra benefits including monthly service fee waived on a selected transaction account, plus annual card fee waived on a selected credit card linked to the loan Low doc option available Basic Loan: Westpac’s lowest variable interest rate with no monthly or annual fees Basic loan with options that you only pay for if you use them Fixed Options Loan Certainty of repayments for peace of mind Choice of fixed terms Ability to pay up to $30,000 extra during the fixed period without penalties Ability to redraw any excess payments Low doc option available Equity Access Loan Line of credit facility which allows you to access up to 90% of the value of your property Interest paid only on the funds you access & flexibility in timing and size of repayments Low doc option available Product Standard Fees Premier Advantage Package Rates p.a. Upfront Loan Establishment. Fee Service Fee Interest Rate2 Comparison Rate1 5.28% 5.64% Interest Rate Comparison Rate1 Rocket Repay 5.98% 6.11% $600 $8 p.m. Flexi First Option 5.12% 5.12% $600 Nil 1 year 4.99% 6.01% 4.79% 2 year 5.09% 5.94% 4.89% 5.57% 3 year 5.33% 5.93% 5.13% 5.60% 4 year 5.69% 6.01% 5.49% 5.72% 5 year 5.99% 6.12% 5.79% 5.86% 7 year 6.70% 6.52% 6.50% 6.33% 10 year 6.70% 6.64% 6.50% 6.51% Equity Access Loan 6.13% N/A 5.43% N/A $600 $600 $8 p.m. $10 p.m. Not applicable 5.59% Things you should know: Interest rates are subject to change. 1. The comparison rate for each of the home loan products contained on this page are based on a secured loan of $150,000 over a term of 25 years. Refer to Comparison Rate Schedule on westpac.com.au for the comparison rates for Low Doc Loan. Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. 2. The Premier Advantage Package rates are based on secured loan amounts of $250,000 and above for a variable rate loan, $500,000 and above for a Low Doc loan and $150,000 and above for a fixed rate loan over a term of 25 years. The costs indicated here include items to consider, however, they do not cover all the costs associated with buying or selling a residential property, nor are all the Westpac fees and charges that may be payable. Fixed rates may vary between application and drawdown unless the fixed rate lock-in option is selected. Premier Advantage Package benefits cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discounts offered by Westpac or its subsidiaries. Refer to westpac.com.au for Premier Advantage Package Conditions of Use. 3. All credit applications are subject to Westpac’s normal lending criteria. Terms and conditions apply and available on request. Applications must also meet Westpac’s approval guidelines on individual products to qualify for the relevant package discounts. Westpac and BT reserve the right to review, amend or withdraw the Package and its benefit components at any time, including the Package fee. Refer to the Premier Advantage Package Conditions of Use for further information on the package. 4. Insurance, superannuation and wealth products are offered by Westpac’s related entities. A PDS is available for each product. Before acquiring a product please obtain a copy and read it to ensure the product is suitable to your needs. The material discussed in this publication has been prepared by Westpac Banking Corporation ABN 33 007 457 14 (“Westpac”) AFS Licence 1233714 in conjunction with external sources. Although it is believed to be accurate, to the extent permitted by law, no liability is accepted for errors or admissions suffered as a result of inaccuracies. The information in this document is general only and does not take into account anyone’s personal circumstances. Before making any decision read the terms available at westpac.com.au Call 131 900, visit westpac.com.au or your local branch for home loan enquiries © 2012 Westpac Banking Corporation ABN 33 007 457 141. 268045_A (03/12)
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