Home loan · Variable
Flexi First Our lowest online variable home loan rate
6.35%comparison rate p.a. · 6.34% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
27th of 91 variable owner-occupier P&I loans
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.
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $350
- Variable · P&I · Owner-occupier · ≤70% LVR
- 6.25% comparison · 6.24% advertised
- Variable · P&I · Owner-occupier · 70–80% LVR
- 6.35% comparison · 6.34% advertised
- Variable · P&I · Owner-occupier · 80–95% LVR
- 7.10% comparison · 7.09% advertised
- Variable · Interest Only · Owner-occupier · ≤70% LVR
- 5.97% comparison · 6.93% advertised
- Variable · Interest Only · Owner-occupier · 70–80% LVR
- 6.07% comparison · 7.03% advertised
- Variable · P&I · Investor · ≤70% LVR
- 6.40% comparison · 6.39% advertised
- Variable · P&I · Investor · 70–80% LVR
- 6.50% comparison · 6.49% advertised
- Variable · P&I · Investor · 80–95% LVR
- 7.40% comparison · 7.39% advertised
- Variable · Interest Only · Investor · ≤70% LVR
- 6.26% comparison · 6.64% advertised
- Variable · Interest Only · Investor · 70–80% LVR
- 6.36% comparison · 6.74% advertised
- Variable · Interest Only · Investor · 80–90% LVR
- 7.61% comparison · 7.89% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $350
- Redraw fee
- None
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- Yes
- Repayment holiday
- Yes
- Minimum loan
- $25,000
- Flexi First Our lowest online variable home loan rate · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
- Flexi First : Our lowest online variable home loan rate (Investor)6 variants up 0.17 to 0.2510 days after the RBA rise to 4.60%+0.17 to +0.25All Variable · Investor
P&I · ≤70% LVR 6.15 6.40 +0.25 P&I · 70–80% LVR 6.25 6.50 +0.25 P&I · 80–95% LVR 7.15 7.40 +0.25 Interest Only · ≤70% LVR 6.09 6.26 +0.17 Interest Only · 70–80% LVR 6.19 6.36 +0.17 Interest Only · 80–90% LVR 7.43 7.61 +0.18 - Flexi First : Our lowest online variable home loan rate (Owner Occupied)5 variants up 0.11 to 0.2510 days after the RBA rise to 4.60%+0.11 to +0.25All Variable · Owner-occupier
P&I · ≤70% LVR 6.00 6.25 +0.25 P&I · 70–80% LVR 6.10 6.35 +0.25 P&I · 80–95% LVR 6.85 7.10 +0.25 Interest Only · ≤70% LVR 5.86 5.97 +0.11 Interest Only · 70–80% LVR 5.96 6.07 +0.11
Tracked since 12 September 2026. Our own corrections of a misread figure aren't shown.
Your double you gives you a discounted basic variable home loan rate.
Also from Westpac: Fixed Rate Home Loan 7.02% · Rocket Loan Variable Home Loan with Offset 7.11% · Variable Rate Investment Property Loan 9.63%
As of 15 October 2026, the Westpac Flexi First Our lowest online variable home loan rate's variable owner-occupier P&I variant has a comparison rate of 6.35% (6.34% advertised), ranking 27th of 91 variable owner-occupier P&I loans and sitting 0.19 points below the market average of 6.54%. The product comes in 11 variants; the others are investor, interest-only and other LVR bands. Its rate last moved on 10 October 2026, 10 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.