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Choices Fixed.

This home loan option is a great choice if you want certainty. By fixing your interest rate, you can be sure it will stay the same for a set period of time.

Calculators

Benefits.

Competitive interest rates.
Budget with confidence knowing what your repayments will be.
Fix the term of your interest rate from six months up to five years.

How it works.

A Choices Fixed Home Loan gives you certainty on how much you will be paying, plus the ability to tailor your loan to your needs.

Features in detail

A loan term of up to 30 years
Choose fortnightly or monthly repayments
Choice of a table, reducing or interest only¹ repayment structure
Choose to split your home loan with a floating home loan option for both flexibility and certainty
Apply to top up your loan by $5,000 or more at any time
Increase your regular payments by up to 20% above the minimum repayment at any time unless a higher regular repayment amount was agreed before the start of your fixed rate period
One-off lump sum repayments are possible, however a prepayment cost is likely to apply
If you are moving, you might be able to transfer your loan to your new home
At the end of your fixed rate period you can roll your home loan over onto a new fixed rate, switch to a floating rate, or mix and match options.

Featured rates.

You can lock in an interest rate and a term that suits you.

See all interest rates

* Minimum 20% equity, plus salary credit to a Westpac transaction account. Not available with any other Westpac home loan offers, or promotions or package discounts. Loans for business or Investment purposes excluded.

Lending criteria, terms and conditions, apply to home loans.

For home loans with less than 20% equity, a low equity margin may apply, see low equity margins explained for more details on how this is applied.

Interest rates are subject to change without notice.

If you don’t pay amounts when they’re due, your home loan account may exceed its limit and the interest rate applied to the over limit amount will be your annual interest rate plus an additional 5% p.a.