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  Rocket Repay : Variable Home Loan with Offset (Owner Occupied)

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 7.44%, Comparison Rate 7.77%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 9.32%, Comparison Rate 9.45%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 8.03%, Comparison Rate 8.35%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 8.83%, Comparison Rate 8.96%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 7.54%, Comparison Rate 7.87%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 9.42%, Comparison Rate 9.55%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 8.13%, Comparison Rate 8.45%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 9.13%, Comparison Rate 9.26%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 7.84%, Comparison Rate 8.16%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

 Product Features

• Offset Additional Information: Save interest with 100% offset : Every dollar in your offset account counts towards reducing the interest on your linked home loan.

• Other Additional Information: Easy access to your money : Our offset account has all the benefits of our Choice Everyday account, like a Debit Mastercard, ATM access, Apple Pay and Google Pay.

• Other Additional Information: Flexible features : Split your loan across variable and fixed rate, redraw anytime with no fees, and enjoy unlimited extra repayments on the variable portion.

• Complementary Product Discounts

• Other Additional Information: Tailored discounted rates: Discounted variable rates tailored to your situation and needs. Discuss your rate with a dedicated lender.

• Other Additional Information: An extra loan for sustainable upgrades. You could make energy-efficient and climate-resilient upgrades to your home, with a cool 4.49% p.a. variable rate (4.87% p.a. comparison rate)

• Digital Banking

• Other Additional Information: Split your loan balance into separate fixed rate and variable rate accounts for the best of both worlds.

• Other Additional Information: Repayment frequencies includes weekly, fortnightly or monthly

• Other Additional Information: Substituting a security : You may ask us to accept a new mortgage over other land as a substitute for any mortgage which is security for your loan. We may agree to this if you satisfy any reasonable requirements that we have, such as repaying part of the loan amount. We will require the new mortgage to be provided at the same time that the existing mortgage is discharged. We charge a fee for substituting a mortgage or other security.

• Other Additional Information: Statements of account : We will send you a statement of your loan account at least every six months or more frequently if you request

• Other Additional Information: Total loan term is up to 30 years

• Offset Additional Information: Interest offset benefit : The interest offset benefit accumulates daily and is available for each day on which you have a credit balance in any linked account. We calculate the amount of interest offset benefit in the following manner: for a Partial Offset facility by applying the daily partial offset rate to the sum of the credit balances in each linked account at the end of each day. for a Mortgage Equaliser Offset or a Repayment Offset facility by applying the daily percentage rate to the to the sum of the credit balances in each linked account at the end of each day.

• Other Additional Information: Package can include the following : 1. Package residential home and investment loans 2. Package Portfolio Loan 3. Package full interest offset facility 4. Package credit card 5. Package Insurance

• Other Additional Information: Cancellation of the package : A package owner may cancel the package at any time by giving us 14 days advance notice in writing.

• Other Additional Information: Building Loan Feature: A specialised lending option that is available on selected Westpac loan products. Allows the customer to progressively draw down what is needed to cover the build of their residential property over the construction period.

• Extra Repayments Additional Information: The product includes extra repayment features.

• Fraud Protection Additional Information: The product includes fraud protection features.

• Guarantor Additional Information: Subject to terms and conditions, this product includes guarantor features.

• Relationship Management Additional Information: Relationship management is available for eligible customers.

 Product Eligibility

• Min Age - 18. Additional Information: 18+ years old

• Residency Status - Those With An Australian Permanent Residency And Who Are Currently In Australia.

• Natural Person

• Other Additional Information: Available to personal customers only.

 Bank Fees and Charges

• Lending Establishment Fee (Upfront), Amount: 600.00.

• Bank Cheque Issuance Fee (Event), Amount: 10.00. Additional Information: $10 per cheque (1st cheque is free)

• Loan Account Fee (Periodic), Amount: 8.00.

• Missed Payment Fee (Event), Amount: 15.00.

• Document Processing Fee (Event), Amount: 150.00.

• Default Notice Fee (Event), Amount: 85.00.

• Account Overdrawn Fee (Event), Amount: 15.00.

• Loan Discharge Fee (Event), Amount: 350.00.

• Stop Payment Fee (Event), Amount: 12.00.

• Annual Package Fee (Periodic), Amount: 395.00. Additional Information: For customer opting for Premier Advantage Package

• Lenders Mortgage Insurance Premium (Variable), Amount: Not Listed.. Additional Information: If your deposit is less than 20% then Lenders Mortgage Insurance is usually required. There may be other circumstances where Lenders Mortgage Insurance is also required. As Lenders Mortgage Insurance reduces bank's risk as a lender when providing a home loan, you may be able to apply for a home loan and get into your home sooner, with a lower deposit. Lenders Mortgage Insurance insures bank for any shortfall in the event that you default on your loan and if the proceeds from the property sale are not enough to pay off the loan in full. The cost of Lenders Mortgage Insurance is calculated as a percentage of the loan amount. The percentage applied will vary depending on a number of factors. Please speak to your lender if you would like to understand this process in more detail. The cost of Lenders Mortgage Insurance premium is passed on to you. We do not receive a commission on Lenders Mortgage Insurance.

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