Home loans · Side by side

Bankwest Complete vs Bankwest Simple

Each loan at its rate for your choices.

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A month's repayment on $600,000 over 30 years, variable
$3,788
at 6.49% advertised
$3,788
at 6.49% advertised

Both come to about $3,788 a month.

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Deposit

A 20% deposit until you say otherwise. Repayments at the advertised rate over 30 years; fees are on top.

BankwestComplete
BankwestSimple
The loan behind the rate
Complete
Variable·P&I·Owner-occupier
Simple
Variable·P&I·Owner-occupier
Advertised rate
the rate you pay
6.49%
at LVR 70–80% · With the Complete Variable Home Loan Package · $395 a year
6.49%
at LVR 70–80%

Comparison rates are based on a secured loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Comparison rate
the rate with most fees in
6.88%
6.52%
0.36 points lower · Lower comparison rate
Fees a year
$395
the package fee
$0
no ongoing fee
$395 less · Lower fees a year
Upfront fees
$350
to set it up
$695 less · Lower upfront fees
$1,045
to set it up
Discharge fee
$300
to pay it off and leave
$300
to pay it off and leave
Offset account
Yes
Yes
Redraw
Yes
Yes
Extra repayments
Yes
Yes
Most it lends
98%
of the property’s value
98%
of the property’s value

Every rate type

The lowest rate each side has for each, at your deposit, purpose and repayments.

Comparison rates are based on a secured loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Variable
comparison rate
6.88%
6.52%
0.36 points lower · Lower variable rate
1 yr fixed
advertised rate
6.69%
—
Not offered
2 yr fixed
advertised rate
6.79%
—
Not offered
3 yr fixed
advertised rate
6.89%
—
Not offered
4 yr fixed
advertised rate
6.94%
—
Not offered
5 yr fixed
advertised rate
6.99%
—
Not offered

Rates over time

The advertised variable rate above, a cell a week. A move shows as ▲ or ▼ in the week it happened.

As of 26 October 2026, for an owner-occupier borrowing $600,000 with a 20% deposit, Bankwest Complete's lowest variable rate is 6.49% (comparison rate 6.88%); Bankwest Simple's lowest variable rate is 6.49% (comparison rate 6.52%). Figures are the lenders' published rates through Open Banking, worked out on the loan above. Each row says which figure is lower; it doesn't say which loan suits you.

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