BankMate
Home
Compare
Quiz
Leaders
🏢

Westpac · Home loan · Variable

Live

Flexi First : Our lowest online variable home loan rate (Owner Occupied)

As of 18 September 2026, the Westpac Flexi First : Our lowest online variable home loan rate (Owner Occupied)'s variable owner-occupier P&I variant has a comparison rate of 6.10% (6.09% advertised), ranking 12th of 107 variable owner-occupier P&I loans and sitting 0.66 points below the market average of 6.76%. The product comes in 5 variants; the others are interest-only and other LVR bands.

6.10%comparison rate p.a.

6.09% advertised · Variable · P&I · Owner-occupier · 70–80% LVR

4 other variants: interest-only and other LVR bands below.

Go to Westpac

Rate over time

Comparison rate · Variable · P&I · Owner-occupier · 70–80% LVR
  • Flexi First : Our lowest online variable home loan rate (Owner Occupied) · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.005.006.007.00Today6.10% p.a. today

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 · ≤70% LVR
6.00% comparison · 5.99% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
6.10% comparison · 6.09% advertised
Variable · P&I · Owner-occupier · 80–95% LVR
6.85% comparison · 6.84% advertised
Variable · Interest Only · Owner-occupier · ≤70% LVR
5.86% comparison · 6.68% advertised
Variable · Interest Only · Owner-occupier · 70–80% LVR
5.96% comparison · 6.78% advertised

Fees

Headline variant
Application fee
None
Ongoing fee
None
Discharge fee
$350
Redraw fee
None

Features

Headline variant
Offset account
Yes
Redraw
Yes
Extra repayments
Yes
Portable
Yes
Repayment holiday
Yes

Eligibility

Minimum loan
$25,000

About this product

Your double you gives you a discounted basic variable home loan rate.

Compare all home loans