Loan Top-up
Introduction
A home loan top up can be very simple to arrange so check out whether or not you can top up your Westpac home loan before you enter other more expensive finance arrangements.
Why would you increase your debt by topping up your loan?
Your home loan is normally the cheapest borrowed money you can get.
If you need to buy a new car (for example) then topping up your home loan is probably a much cheaper way to finance that purchase than using other forms of vehicle finance. This is usually true for most finance packages like hire purchase and short term loans.
A home loan top up can be very simple to arrange so check out whether or not you can top up your loan before you enter other more expensive finance arrangements - even those offered by Westpac.
A few things to know about Westpac's top up policy
- Westpac's normal lending criteria applies.
- You can only have a maximum 2 top ups in twelve months amounting to a total of $30,000.
- Westpac's top up fee is currently $250. Depending upon the level of your Westpac facilities, we may negotiate a waiver of the top up fee.
To get started