Premium Options Home Loan

Westpac's Premium Options Home Loan is a home loan. The figures are the ones Westpac publishes under the Consumer Data Right today. The advertised rate last moved on 12 October 2026, up from 8.83% to 9.08%.

Advertised rate

9.08%

headline tier

Tiers

current rate rows

Last moved

+0.25pp

12 October 2026

Advertised rate, last 30 days. Between 8.83% and 9.08% over the last 30 days.

Every current rate (2)

Tier	Rate
Variable, Investor, P&I	9.08%
Variable, Investor, Interest only	9.67%

Rate moves, last 30 days

12 October 2026: Variable, Investor, P&I lifted 0.25pp, from 8.83% to 9.08%.
12 October 2026: Variable, Investor, Interest only lifted 0.25pp, from 9.42% to 9.67%.

Published fees

Fee	Amount
Lending Establishment Feeupfront	$600
Bank Cheque Issuance Feewhen it happens: $10 per cheque (1st cheque is free)	$10
Monthly Loan Account Feerecurring	$8
Missed Payment Feelate payment: If applicable	$15
Document Processing Feewhen it happens	$100
Account Overdrawn Feewhen it happens	$15
Loan Discharge Feeon exit	$350
Annual Package Feerecurring: For customer opting for Premier Advantage Package	$395
Lenders Mortgage Insurance Premiumupfront: If your deposit is less than 20% then Lenders Mortgage Insurance is usually required.	see lender
Property Valuer Feewhen it happens	see lender

Other Westpac home loans

Flexi First Option Home Loan - Veterans 3.25%Sustainable Upgrades Home Loan 4.74%Sustainable Upgrades Investment Loan 4.74%Flexi First : Our lowest online variable home loan rate (Owner Occupied) 6.24%Flexi First : Our lowest online variable home loan rate (Investor) 6.39%Rocket Loan : Variable Home Loan with Offset (Owner Occupied) 6.64%Fixed Rate Home Loan 6.74%Rocket Loan : Variable Home Loan with Offset (Investor) 6.84%Bridging Home Loan 9.57%Variable Rate Investment Property Loan 9.63%

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