Topping up your home loan.

How it works.

Use your Westpac home loan

Topping up your loan allows you to borrow more money in addition to your home loan, using the equity you have in your property or the amount you have already paid off.

Get the funds you need

Use the money for home improvements, unexpected large expenses, or the things that matter to you.

You need 20% equity or more

You are eligible to top up if you have a Westpac home loan and 20% equity or more in your home (40% if 's an investment property).

Consider if topping up is right for you

Topping up your existing home loan will increase your repayments or lengthen the time it takes to pay off your home loan. See what topping up your home loan could mean for you with our home loan repayments calculator.

Fast and easy process

Call us or visit a branch and, if approved, the amount can be quickly and easily added to your home loan or be taken out as a separate loan.

Get funds by redrawing.

Access extra money

If you've been paying more than minimum repayments on your Floating or Offset Home Loan, this extra money could be available to redraw and use for whatever you like.

Redrawing is easy

If you have available funds in your Choices Floating Home Loan or Choices Everyday Floating accounts, you can log in to Westpac One online banking to withdraw the funds anytime. Alternatively, you can do it with phone banking or at your nearest branch.

Redraw on a fixed rate loan

You can redraw funds on a fixed rate home loan at the end of your fixed term.

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Use our calculators to see what increasing your home loan could mean.

Get in touch.

Manage your home loan online

Log in to Westpac One® online banking.

Login now

Talk to us

Call us any time from 8am - 6pm weekdays, 9am - 3pm Saturday.

Call 0800 177 277

Visit us

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

Find your nearest branch

Things you should know.

Westpac's home loan lending criteria and terms and conditions apply. An establishment charge may apply. A low equity margin may apply. An additional fee or higher interest rate may apply to home loans if the application is accepted but does not meet the standard lending criteria.

Documents and fees

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