Benefits.

  • A warmer, dryer, healthier and energy efficient home.
  • Interest free loan up to $10,000, for up to five years.
  • Choose a mix of insulation, heat pumps, double glazing, ventilation, wood burners or solar power.
  • Make lump sum payments² and pay the loan off earlier without penalties.
  • Westpac Warm Up is available for new or current Westpac customers.
  • No application or establishment fees.

How it works.

A Westpac Warm Up loan is available to people living in their own homes and to landlords. You can use it for anything regarded as a Warm Home Essential. This is any mix of insulation, heat pumps, double glazing, ventilation, wood burners and solar power systems.

Professional installation

A professional installer must fit the Warm Home Essentials. If you apply for a Westpac Warm Up loan, you'll need to show an installer's quote or invoice that is no more than 30 days old.

Heat pumps

You can choose a fixed single-split heat pump system, multi-split heat pump system or a ducted heat pump system. Other types, such as portable heat pumps and heat pump water heaters, are not eligible. To find the most energy efficient heat pumps, use the Rightware tool by Energy Wise.

Wood burners

Please refer to the guidelines from the Ministry of Environment for information on sustainable wood burners.

New home, new loan

If you sell your home and pay off your Westpac Warm Up, you can apply for a new loan for the new property.

Qualifying for Westpac Warm Up.

Standard lending criteria

You need be an existing or new Westpac home loan customer and meet standard lending criteria.

Equity

You need over 20% equity in your owner-occupied home or 40% in your investment property.

Installers

Warm Home Essentials must be fitted by a professional installer and you'll require a quote or invoice from them.

Loan

You can only have one Westpac Warm Up loan at any given time.

Child sits indoor blanket play house with puppy

Get in touch.

Talk to us

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

Call us on 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.

1 A professional installer must fit the Warm Home Essentials. If you apply for a Westpac Warm Up loan, you’ll need to show an installer's quote or invoice that is no more than 30 days old.

2 Lump sum payments can only be made in branch or over the phone on 0800 177 277. They cannot be made online through Westpac One.

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.