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Compare your home loan

Your Westpac home loan against three alternative products from the public CDR product reference data. Factual cost difference only — not a recommendation to switch.

Cost comparison score · 0–100 · Lower = better cost for you

76 / 100

Westpac Premier Advantage Home Loan

Your current product scores 76/100 vs the three alternatives we compared

Higher score = the same usage costs more than the median alternative. Lower score = the same usage costs less. At 76, your product is above the market median for this product type, based on your stated usage.

Based on stated assumptions Compared with public CDR product reference data Not a recommendation to switch

We are not licensed to give personal financial advice. This score is one factual signal among many — your situation may vary. For personal advice, talk to a licensed financial adviser or your NDH counsellor.

Side-by-side

Your current product on the left. Three alternatives drawn from the public CDR Product Reference data set, scored at the same loan balance, term, and repayment type as your stated assumptions above.

Your product Westpac · CDR ref.

Westpac Premier Advantage Home Loan

Effective rate 9.40%

Comparison rate (disclosed) 7.12%

Annual cost at your usage

$40,621

Fees $395 annual package fee · $0 monthly · $50 redraw
Features

Offset Redraw Extra repayments

Last reviewed: 11 May 2026

Cost score: 76 / 100

Alternative A · ME Bank · CDR ref.

ME Bank Home Loan

Effective rate 6.84%

Comparison rate 6.91%

Annual cost at your usage

$30,108

−$10,513 vs your product

Fees $0 annual · $0 monthly · $0 redraw
Features

Offset Redraw Extra repayments

Last reviewed: 11 May 2026

Cost score: 18 / 100 View product on ME Bank

Alternative B · UBank · CDR ref.

UBank Home Loan

Effective rate 6.94%

Comparison rate 6.96%

Annual cost at your usage

$30,562

−$10,059 vs your product

Fees $0 annual · $10 monthly (waived if balance < $0) · $0 redraw
Features

Offset Redraw Extra repayments

Last reviewed: 11 May 2026

Cost score: 22 / 100 View product on UBank

Alternative C · ING · CDR ref.

ING Orange Home Loan

Effective rate 7.04%

Comparison rate 7.09%

Annual cost at your usage

$30,963

−$9,658 vs your product

Fees $0 annual · $0 monthly · $0 redraw
Features

Offset Redraw Extra repayments

Last reviewed: 11 May 2026

Cost score: 27 / 100 View product on ING

Complaint grounds we found · 1

We found one ground that may support a fee complaint, separate from switching

Comparison rate disclosed at origination (7.12%) vs your current effective rate (9.40%)

Your effective rate has increased 2.28 percentage points since origination. We've seen this kind of gap successfully challenged at AFCA when the rate increases were not transparently communicated. AFCA-2024-3322 is one example.

Send to your adviser to discuss first · See AFCA-2024-3322

Open this in Resolve as a fee/rate complaint