As of 18 September 2026, the Bankwest Bankwest Simple Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.27% (6.24% advertised), ranking 33rd of 107 variable owner-occupier P&I loans and sitting 0.49 points below the market average of 6.76%. The product comes in 13 variants; the others are investor, interest-only and other LVR bands.
6.27%comparison rate p.a.
6.24% advertised · Variable · P&I · Owner-occupier · 70–80% LVR
12 other variants: investor, interest-only and other LVR bands below.
Rate over time
Comparison rate · Variable · P&I · Owner-occupier · 70–80% LVR- Bankwest Simple Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
Changes
No changes recorded for this product since tracking began on 12 September 2026.
Rates by variant
Comparison rate · advertised rate- Variable · P&I · Owner-occupier · ≤60% LVR
- 6.22% comparison · 6.19% advertised
- Variable · P&I · Owner-occupier · 60–70% LVR
- 6.27% comparison · 6.24% advertised
- Variable · P&I · Owner-occupier · 70–80% LVR
- 6.27% comparison · 6.24% advertised
- Variable · P&I · Owner-occupier · 80–90% LVR
- 6.52% comparison · 6.49% advertised
- Variable · P&I · Owner-occupier · 90–95% LVR
- 6.92% comparison · 6.89% advertised
- Variable · P&I · Owner-occupier · 95–98% LVR
- 8.40% comparison · 8.37% advertised
- Variable · Interest Only · Owner-occupier · ≤80% LVR
- 7.37% comparison · 7.34% advertised
- Variable · P&I · Investor · ≤60% LVR
- 6.47% comparison · 6.44% advertised
- Variable · P&I · Investor · 60–70% LVR
- 6.52% comparison · 6.49% advertised
- Variable · P&I · Investor · 70–80% LVR
- 6.52% comparison · 6.49% advertised
- Variable · P&I · Investor · 80–90% LVR
- 6.82% comparison · 6.79% advertised
- Variable · P&I · Investor · 90–95% LVR
- 7.52% comparison · 7.49% advertised
- Variable · Interest Only · Investor · ≤90% LVR
- 8.05% comparison · 8.02% advertised
Fees
Headline variant- Application fee
- $695
- Ongoing fee
- None
- Discharge fee
- $300
- Redraw fee
- None
Features
Headline variant- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
Eligibility
- Minimum loan
- $20,000
About this product
A simple, flexible variable loan designed to save you fees.