Professional Package Home Loan - Westpac - Premium Option >$500K 0.70% Disc

Comparison Rate	5.87%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,149.42
Total Amount Paid Est.	$425,490
Establishment Fee	$0.00

5.61%

Target Market
The loan can be used for: ,
Home construction/improvements ,
Home purchases ( owner occupied ) ,
Purchase of land on which a dwelling is to be built for the customer’s own occupancy ,
Personal purposes ,
Refinancing of either an existing housing loan or,other consumer loans. ,
A first mortgage over residential property is required as security.

Acceptable Income
Self Employed with 2 years financials to be supplied, salary and wage earner.

Home Loan Loan Term
Up to 30 Years.

Home Loan Loan Size
Minimum: $10K (Pro Pack Min $150k) ,
No Maximum where LVR is <80%

Home Loan Repayment Type
Principal and Interest and Interest Only up to 10 years.

Repayment Options
Weekly, Fortnightly or Monthly. ,
Reduced Repayment Feature is available on this product.

Extra Repayments
Additional repayments can be made on variable rates without charge. Refer to Fixed Rate Profile for Fixed rate additional repayment limits

Split Loan Facility
Available as combination loan.

Offset
Not available

Redraw Facility
Available if excess funds exists. Nil fee.

LVR for Professional Package Home Loan - Westpac - Premium Option >$500K 0.70% Disc

Owner Occupied Maximum LVR 97% ,
Investment Maximum LVR N/A ,
Construction Maximum LVR 97% ,
Refinancing Maximum LVR 90% ,
Repayments only on a Principal, Interest & Fees (PI&F) basis. ,
Please note that the Max LVR of 97% is for existing customers only. ,
Maximum LVR for new customers is 92%. (Refer to 'Special Criteria' for Existing Customer definition) ,
Please refer to 'Lender Manual' for Higher Priced Property LVR Changes
Premier Advantage Package benefits available. ,
$150K<$250K 0.40% p.a. discount ,
>$250K 0.70% p.a. discount ,
Nil Establishment fee ,
Premier Advantage Package fee is $395.

Fees for Professional Package Home Loan - Westpac - Premium Option >$500K 0.70% Disc

Establishment Fee:$600 (Nil on Pro Pack) ,
Loan Maintenance Fee:$8 per month (Nil on Pro Pack) ,
Premier Advantage Package fee is $395. ,
Switching Fee:$300 ,
Additional Valuation Fees: Fees applicable ,
Progressive Draw Down Fee: $300 (payable once only) ,
Deferred Establishment Fee $900 will only be charged if a customer closes their loan with Westpac within 4 years of origination for reasons such as re-financing to another institution, selling their property or early ,
repayment where they request to close their loan. Customers will only be charged one DEF per combination or split facility. ,
Guarantor Fee $200.