Westpac Home Loan – Loan details

Amount, $10 000 - $3 000 000 ;Term, 6 months - 30 years

Loan amount $10,000 – $3,000,000
Interest from 5,99 %
Term 6 – 360 months
Approval 6 months - 30 years

Pros

  • ✓ Choices Floating – unlimited extra repayments
  • ✓ Mobile mortgage managers available
  • ✓ HomeOwner package bundles banking
  • ✓ Pre-approval available

Cons

  • ✗ Break fees on fixed rates
  • ✗ 5-10 working days for approval
  • ✗ Stricter LVR rules for investors

Requirements

  • ✓ NZ citizen or permanent resident
  • ✓ 18 years or older
  • ✓ Minimum 5% deposit
  • ✓ Verified income
  • ✓ Property valuation required

Company information

Westpac New Zealand Limited.
Shortland Street, Auckland CBD, Auckland 1010, New Zealand
https://www.westpac.co.nz

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.nz is an independent comparison portal.