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Westpac home loan calc7/7/2023 ![]() ![]() TSB’s lending criteria, terms and conditions, minimum deposit requirements and fees apply. The actual amount you can borrow may be different to the result you get on this calculator. To obtain an approval and an exact borrowing amount, you will need to apply for a TSB home loan by completing a full lending application and providing more information to us. This is not an offer of finance from TSB. The calculator does not take into account your actual expenses, existing liabilities or any other information that may impact the amount you are able to borrow. This indicative amount is based on the limited information that you have provided and statistical data that uses the average living costs for a household of your size. ![]() This calculator is only intended as a guide to give you an indication of how much you may be able to borrow from TSB. You can minimise interest costs by using your income and/or savings to lower your loan balance and make lump sum payments to your home loan without any penalties. Revolving – your interest rate will move with the marketĪ revolving rate only applies to revolving loans and moves up and down with the current market. You can decide what portion of your loan is fixed and floating/variable, allowing you the flexibility to reach your goals faster. Want the certainty of a fixed rate with the flexibility of a floating/variable rate? Talk to us about a combination of both. Combine Fixed and Floating/Variable for the best of both worlds If interest rates decrease, we won't reduce your payments to reflect the new lower rate unless you ask us to. If the variable interest rate increases, we may change the amount of your required payments to ensure your home loan will be repaid within its original term. Floating/Variable – Your interest rate will move with the marketĪ floating/variable interest rate moves with the market. See Early Repayment Fee for when this fee may be payable. If you're repaying or breaking your fixed rate home loan early, an Early Repayment Fee may apply. If you're looking to take out new lending with us, we can hold a fixed rate for you up to 60 days from the date of your home loan summary. This option may make budgeting easier, because your repayments will stay the same over the fixed rate term you've chosen. With a fixed rate, your interest is fixed from the start and stays the same for the term you choose - for example from 6 months to 5 years. Interested in interest rates? Fixed – Your interest rate won’t change or be affected by the market ![]()
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