Variable Rate Investment Property Loan

A variable rate loan which gives flexibility and a choice of different payment options for investment or business purposes.

Interest Rates

Type	Rate	Comparison	Applies To
Variable With Principal and Interest repayment.	9.38%	—	—

Type	Rate	Comparison	Applies To
Variable With Interest Only repayment.	9.64%	—	—

Fee	Type	Amount
Lending Establishment Fee −$600.00 — This fee is waived for customers that have Premier Advantage Package (other fees apply)	Upfront	$600.00
Bank Cheque Issuance Fee $10 per cheque (1st cheque is free)	Event	$10.00
Monthly Loan Account Fee Charged monthly −$8.00 — This fee is waived for customers that have Premier Advantage Package (other fees apply)	Ongoing	$8.00
Missed Payment Fee	Late payment	$15.00
Document Processing Fee	Event	$100.00
Account Overdrawn Fee	Event	$15.00
Loan Discharge Fee	Exit	$350.00

Redraw facility: The product includes redraw features
A variable rate loan which gives flexibility and a choice of different payment options for investment purposes. The loan can be used for investment residential property purchase, construction of single residential dwelling, refinancing of an existing investment property loan, other investment opportunities (e.g. shares), personal purposes, refinancing of existing loans
Discounts on other products — You save on fees when you choose the Premier Advantage Package, however an annual package fee of $395 applies.
Partial Split is available
Cancellation of the package : A package owner may cancel the package at any time by giving us 14 days advance notice in writing.
Loan Payment Method - Direct Debit (preferred), Direct Credit, Branch Payment, Internet or Phone Banking

Individuals, Companies, Discretionary or Family Trusts (individual or non-individual trustees)

Published by Westpac under the Consumer Data Right · Last updated 13 July 2026 · Product ID HLVariableInvestment · View on CDR.gov.au