Get $3,000 cash back on your first home loan.

Apply for a new Westpac home loan of $250,000 or more for your first home and you could get a minimum of $3,000 cash back, to help make your home greater.

How it works

  • When you apply for a Westpac home loan to buy your first home you could get $3,000 or more cash back depending on the value of your loan.
  • All applicants must be first home buyers as determined by Westpac.
  • Available on new approved Westpac residential home loans of $250,000 or more.
  • This limited offer may be withdrawn at any time without notice.

Talk to our experts to see whether a Westpac home loan is right for you. 

Your loan options.

* Min 20% equity, plus salary credit to a Westpac transaction account. Not available with any other Westpac home loan offers, promotions or package discounts. Loans for business or investment purposes excluded.

If you don’t pay amounts when they’re due, your loan account may exceed its limit and the rate of interest that’ll be applied to the overlimit amount will be the interest rate + 5% p.a.

^ Standard transaction fees may apply. See Choices Home Loan account fees.

Additional features.

Westpac Greater Choices home loan

You could get up to $50,000 interest free for five years to help you create a warmer, drier, healthier and more energy efficient home life.

Choose a mix of heat pumps, hot water heat pumps, wood burners, insulation, double glazing, ventilation, solar power systems and batteries, rainwater tanks as well as electric and hybrid vehicles, plus electric vehicle chargers.

Learn more

Shared Equity

If you want to buy your first home but only have a small deposit, an option could be to combine the support of a Shared Equity Programme with a Choices Home Loan.

Learn more

Choices Floating with Offset

Choose to offset your savings against the balance of your Choices Floating Home Loan, and only pay interest on the difference.

Learn more

Split home loan

Get flexibility and certainty with some of your home loan on a floating rate and the remainder on a fixed rate.

Learn more

Featured rates.

* Min 20% equity, plus salary credit to a Westpac transaction account. Not available with any other Westpac home loan offers, promotions or package discounts. Loans for business or investment purposes excluded.

If you don’t pay amounts when they’re due, your loan account may exceed its limit and the rate of interest that’ll be applied to the overlimit amount will be the interest rate + 5% p.a.

Calculators.

Find the best option for you with our home loan calculators.

Get in touch.

Meet with an expert

Our Mobile Mortgage Managers can come to you, when it suits you best.

Find a Mobile Mortgage Manager

Talk to us

Call us from 8am to 6pm Monday to Friday, 9am to 3pm Saturday.

Call 0800 177 277

Visit us

Make an appointment to talk to a home loan expert in branch.

Find your nearest branch

Apply online.

Existing customers can apply for a home loan via Westpac One® online banking.

Log in to Westpac One

Things you should know.

Interest rates and fees are subject to change without notice.

Westpac's eligibility criteria, home loan lending criteria, terms and conditions apply. A low equity margin may apply.

Documents and fees

See the detailed terms and conditions, and fees, for our home loans:

View terms and conditions for all our home lending products here.