Topping up your home loan.

Use your Choices 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

You can use the money for home improvements, unexpected large expenses or to get the things that matter to you.

You need 20% equity or more

You are eligible to top up if you have a Choices home loan and 20% equity or more in your home (35% if it'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 us in 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.

If you’re on a floating interest rate and you've been paying more than the minimum repayments on your home loan, you may be able to access extra money by redrawing on your home loan.

You can withdraw the funds anytime with Westpac One, via phone banking or at any Westpac branch. Standard transaction fees apply.


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.

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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

Things you should know.

Westpac's eligibility criteria, home loan lending criteria, terms and conditions apply. 

Documents and fees

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