Paid off your home loan?
It may have felt like this day would never come, but if you are close to or have paid off your home loan, you have a few options to consider.
Nearly paid off.
Securing a better financial future
With your new found financial freedom, you may be looking for a little guidance. Our Financial Advisers are experts in financial wealth and can help you put steps in place to achieve your financial goals.
Competitive rates and fixed returns
Term investments can make a great home for the extra cash you may have once you're no longer paying your home loan.
Investing in property
Now may be a good time to invest in a rental property. Before you start looking, we can help you with a little homework.
What an achievement to have paid off your home loan. Once you've reached this milestone, you have the option to have your lawyer release the security against your property and officially become 'home loan free'!
Alternatively, if you'd like to get another loan in future (for example, to buy an investment property), you can retain your security with Westpac to make this easier. When you're ready to take the next step, just get in touch.
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.