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The calculator does not take into account any future refinancing options which may be available. The output of each calculator is subject to the assumptions provided under each calculator and are subject to change. When assessing ability to service a loan, Westpac may use an interest rate that is higher than the current interest rate for the loan requested. All interest rates referred to in the calculators are current, as indicated on westpac.com.au. Before acting on this calculation you should seek professional advice. We recommend you seek independent, professional tax advice applicable to your personal circumstances.
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Before deciding to acquire a Westpac Choice account, read the terms and conditions, and consider whether the product is right for you. Home loan rates for new loans are set based on the initial LVR and won’t change during the life of the loan as the LVR changes. LVR is the amount of your loan compared to the Bank’s valuation of your property offered to secure your loan expressed as a percentage. The calculator does not take into account any product features, grants or any applicable bank fees.
