Fix or refix a new rate

Ready for a new rate? Here’s how it works.

Fix or refix a new rate in Westpac One® digital banking (if you're eligible) or by getting in touch with us. You can fix your new home loan rate up to 60 days before the end of your current fixed term, or at any time if you’re on floating.

Fixing a new rate can give you peace of mind and repayment certainty. If rates fall, you can break your fixed term, although fees may apply.¹

What happens if you don't fix a new rate before your current fixed term finishes? You’ll automatically roll onto our Choices Floating interest rate.

Call us on 0800 336 933

Log in to Westpac One

Other ways your home loan can work for you.

Discover all our home loan options

More flexibility with a floating rate

Choices Floating is a flexible loan where the interest rate moves with the market, and you can pay off lump sums without prepayment costs.

Learn about our Choices Floating option

Best of both worlds by splitting

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

Learn about our Split home loan

Offsetting your savings against your home loan

With Choices Offset Floating, you can offset your savings against your home loan and only pay interest on the difference. It could help you pay off your home loan sooner while saving thousands on interest repayments.

Learn about our Choices Floating with Offset

Calculators.

Check out our calculators

How much will my repayments be?

Work out how much your home loan repayments might be.

Try the repayment calculator

Split my home loan

Combine flexibility and certainty with a split home loan. See how much interest you could save.

Try the split home loan calculator

To fix or float? We can help.

Call us

Give us a call from 8am to 6pm Monday to Friday, 9am to 3pm Saturday.

Call 0800 177 277

Visit us in-branch

Make an appointment.

Contact your nearest branch

Fix a new rate online

If you're eligible, log in to Westpac One digital banking to fix a new rate within 60 days of your fixed term end date, or any time while on floating.

Log in now

FAQs.

How do I fix or refix my home loan online in Westpac One digital banking? What happens if I miss a home loan repayment? How can I reduce my home loan repayments? How do I change my home loan repayments online in Westpac One digital banking? What is a prepayment cost?

Things you should know.

¹ A fee of $30 will apply to break or change a rate lock agreement. If you change your mind after fixing a new rate through Westpac One digital banking, you can change your rate by contacting us at 0800 336 933 up to three business days before the start of your new rate. A $30 rate lock break fee will apply. Usual fixed term prepayment costs will apply to any changes to your new fixed rate from the start date of your new fixed term onwards.

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.

Fix or refix a new rate.