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Westpac has announced rate increases for all Fixed Rate Mortgages from the 4th of August 2009.

The information in this brochure is current as at: 4th August, 2009.
Owner Occupied Loans
Investment Loans
*
Flexi First Option Home Loan
5.11% p.a.
*
Flexi First Option Investment Loan
5.11% p.a.
*
Rocket Repay Home Loan
5.81% p.a.
*
Rocket Repay Investment Loan
5.81% p.a.
Premium Option
*
Investment Property Loan
*
Variable Housing Rate
5.81% p.a.
Variable Investment Property Rate
5.81% p.a.
Premium Option – Low Doc
Investment Property Loan – Low Doc
*
Variable Housing Rate
5.81% p.a.
*
Variable Investment Property Rate
5.81% p.a.
Fixed Option Home Loans
*
Fixed Rate Investment Property Loans
1 year
5.59% p.a.
1 year
5.59% p.a.
2 years
6.39% p.a.
2 years
6.39% p.a.
3 years
6.99% p.a.
3 years
6.99% p.a.
4 years
7.64% p.a.
4 years
7.64% p.a.
5 years
7.64% p.a.
5 years
6 years
7.64% p.a.
8.24% p.a.
7 years
8.24% p.a.
7 years
9 years
8.24% p.a.
8.24% p.a.
*
10 years
8.24% p.a.
10 years
12 years
8.24% p.a.
8.24% p.a.
Equity Access Loan
5.96% p.a.
Equity Access Loan – Low Doc
5.96% p.a.
*
Bridging Home Loan
Variable Housing Rate
5.81% p.a.
*
PREMIER ADVANTAGE PACKAGE (PAP) DISCOUNTS
LOAN TYPE PAP DISCOUNT
Variable Loans (O.O. & Invest.) Up to 0.7%p.a.1 Discount
Fixed Rate Loans (O.O. & Invest.) 0.20% p.a. for the fixed rate
portion of packaged borrowings
over $150,000.
1. 0.70% p.a. discount is available for variable rate loan amounts of $250,000 and above (for Low Doc loan, the discount is 0.7%p.a. for variable rate loan amounts over $500,000 and 0.6% p.a. for variable rate loan amounts between $250,000 and $499,999). For variable rate loan amounts between $150,000 and $249,999, the applicable discount is 0.4% p.a.

WHAT’S CHANGING
Westpac Fixed Rates
Our fixed interest rates – effective 4th August, 2009:
Product / Term
Rate
Changed?
Increase / Decrease
Fixed Option Home Loan – 1 year fixed rate
5.59%
Yes
+0.10%
Fixed Option Home Loan – 2 year fixed rate
6.39%
Yes
+0.40%
Fixed Option Home Loan – 3 year fixed rate
6.99%
Yes
+0.40%
Fixed Option Home Loan – 4 year fixed rate
7.64%
Yes
+0.45%
Fixed Option Home Loan – 5 year fixed rate
7.64%
Yes
+0.45%
Fixed Option Home Loan – 7 year fixed rate
8.24%
Yes
+0.45%
Fixed Option Home Loan – 10 year fixed rate
8.24%
Yes
+0.45%
Fixed Rate Investment Property Loan – 1 year fixed rate
5.59%
Yes
+0.10%
Fixed Rate Investment Property Loan – 2 year fixed rate
6.39%
Yes
+0.40%
Fixed Rate Investment Property Loan – 3 year fixed rate
6.99%
Yes
+0.40%
Fixed Rate Investment Property Loan – 4 year fixed rate
7.64%
Yes
+0.45%
Fixed Rate Investment Property Loan – 5 year fixed rate
7.64%
Yes
+0.45%
Fixed Rate Investment Property Loan – 6 year fixed rate
8.24%
Yes
+0.45%
Fixed Rate Investment Property Loan – 7 year fixed rate
8.24%
Yes
+0.45%
Fixed Rate Investment Property Loan – 9 year fixed rate
8.24%
Yes
+0.45%
Fixed Rate Investment Property Loan – 10 year fixed rate
8.24%
Yes
+0.45%
Fixed Rate Investment Property Loan – 12 year fixed rate
8.24%
Yes
+0.45%

WHAT’S CHANGING
Westpac Variable Rates
Our variable interest rates – effective 20th April, 2009:
Product / Term
Rate
Changed?
Increase / Decrease
Flexi First Option Home Loan
5.11%
No
-
Rocket Repay Home Loan
5.81%
No
-
Premium Option Home Loan
Variable Housing Rate
5.81%
No
-
Premium Option – Low Doc
Variable Housing Rate
5.81%
No
-
Bridging Home Loan
Variable Housing Rate
5.81%
No
-
Equity Access Loan
Variable Equity Rate
5.96%
No
-
Equity Access Loan – Low Doc
Variable Equity Rate
5.96%
No
-
Flexi First Option Investment Loan
5.11%
No
-
Rocket Investment Loan
5.81%
No
-
Investment Property Loan
Variable Investment Rate
5.81%
No
-
Investment Property – Low Doc
Variable Investment Rate
5.81%
No
-
Updated Comparison Rate schedules will be sent to you within
seven (7) working days, as per normal delivery requirements.

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