Westpac offers a range of personal loans for a variety of purposes. You can opt for a unsecured personal loan with interest rates starting from 7.99% p.a., or use the flexi loan like a line of credit. Interest rates for flexi loans are higher, starting from 16.99% p.a.
Based on Westpac personal loan scores in Finder's 2024 Customer Satisfaction Awards.
Westpac offers a personal loan calculator on its website to help you determine the cost of using its personal loan. You start by selecting whether you want to calculate the costs of a car loan or an unsecured personal loan, and then you input the following information:
After you enter the required information you will be shown the estimated repayments for your loan. You can select weekly, fortnightly or monthly repayments. The loan amount, estimated interest cost and estimated total cost of your loan will be displayed. To adjust these, simply scroll back up and select a different loan amount or terms.
You can also use a personal loan calculator to get an estimate of your loan repayments.
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*Whilst every effort has been made to ensure the accuracy of this calculator, the results should only be used as an indication. They are neither a recommendation nor an eligibility test for any product and should not be construed as financial advice, investment advice or any other sort of advice.
Applying for a personal loan from Westpac is a straightforward process, and you can get started by clicking "Go to Site" on any of the loans above. The eligibility criteria is as follows:
If you meet the above criteria, the following details will be required to complete your application:
You need to meet set eligibility requirements which include being a permanent Australian resident, being at least 18 years old and earning a regular income. Some of the documents that should be included with your application are details of your finances, contact details including your residential address, and proof of identity. If you are a Westpac customer, the bank will ask you to verify your records.
These Westpac loans are worthwhile options for prospective borrowers to consider, but make sure to compare your options before deciding on one particular loan.
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hi i am on a dsp i get around 960pf before rent and bills/food so leave me about 450 something around there. now my question is i am going for my first time provisional license i am looking to borrow a $5000 loan to buy my very first car is there any bank or lending branch can offer me this sort of cash i can make per fortnight repayments no issue
thank you
Hi Peter,
Thanks for your question.
We have a list of lenders offering Centrelink loans that may be able to consider you for a loan. Please use our table to know which lender suits you. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.
All the best,
Shirley
I have a 160.000 cash and I am a disability pension single mum for 3 kids ages are 10,8,1 years old
can I get home loan from Westpac and how much I can my fortnightly family and pension payments are all 1300.00
please let me know
Hi Demet,
Thanks for your question.
You’ve come through to finder.com.au, is an online comparison service. We are not directly affiliated with Westpac and we don’t handle any applications.
These types of applications are handled on a case by case basis, so it’s probably best to speak to the customer service team at Westpac to enquire about your eligibility.
Cheers,
Shirley