8.2/10

Based on 7993 Bendigo Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Bendigo Bank home loans

Originating more than 160 years ago, Bendigo Bank provides banking and wealth management services to about 1.9 million customers Australia-wide. In 2007, the Bendigo and Adelaide Bank Group was formed as a result of a merger between Bendigo Bank and Adelaide Bank.

Bendigo Bank operates in all Australian states and territories. Whether you’re a seasoned property investor or just trying to find your feet in the property market, you’ll find all the information you need to confidently compare Bendigo Bank’s home loan products on this page.

What home loans do Bendigo Bank offer?

Rates and fees verified as correct at 12 September 2024. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

If you’re busy scouring the market for a fixed rate that rewards you with some flexibility, Bendigo Bank’s fixed rate home loans could be a good choice. You can borrow up to 90% LVR, plus you’ll have an extensive range of loan terms to choose from (1, 2, 3, 4, or 5 year options) and the ability to choose between weekly, fortnightly or monthly repayments depending on your financial situation. There is additional repayment flexibility where you can make up to an extra 20% of the loan balance in advance payments and a free online redraw facility should you need to access these funds in the future (redraw fees charged in branch). You can also save on interest over the term of your loan by using either a full interest offset facility with the Complete Home Loan or a partial one with the Express Home Loan. With both options, there's a monthly account fee to consider.

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments  

6.54% p.a.

6.71% p.a.

$15.00 monthly

$250

6.04% p.a.

6.41% p.a.

$15.00 monthly

$250

6.54% p.a.

6.38% p.a.

$10.00 monthly

$134

6.04% p.a.

6.15% p.a.

$10.00 monthly

$134

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6.49% p.a.

6.63% p.a.

$15.00 monthly

$250

6.39% p.a.

6.58% p.a.

$15.00 monthly

$250

6.49% p.a.

6.48% p.a.

$10.00 monthly

$134

6.39% p.a.

6.45% p.a.

$10.00 monthly

$134

Variable Rate Home Loans

Bendigo Bank caters to everyone from the first home buyer to the property investor with its variable home loan options. Depending on which loan you pick, the maximum LVR can range from 90%-95%. You’ll get all the money-saving flexibility of a variable loan like unlimited extra repayments, a free online redraw facility and a linked offset account. If these great features aren’t incentive enough, you may even be able to access additional benefits including a full transaction fee rebate on all of your eligible transaction accounts.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments  

7.39% p.a.

6.95% p.a.

$15.00 monthly

$250

7.09% p.a.

6.76% p.a.

$15.00 monthly

$250

6.24% p.a.

6.46% p.a.

$15.00 monthly

$250

6.49% p.a.

6.71% p.a.

$15.00 monthly

$250

6.14% p.a.

6.36% p.a.

$15.00 monthly

$250

7.39% p.a.

7.61% p.a.

$15.00 monthly

$250

6.72% p.a.

6.43% p.a.

$10.00 monthly

$134

6.01% p.a.

6.14% p.a.

$10.00 monthly

$134

Go to site

9.44% p.a.

9.38% p.a.

$10.00 monthly

$250

9.03% p.a.

9.19% p.a.

$10.00 monthly

$250

6.64% p.a.

6.68% p.a.

$15.00 monthly

$250

6.59% p.a.

6.60% p.a.

$15.00 monthly

$250

6.34% p.a.

6.56% p.a.

$15.00 monthly

$250

6.54% p.a.

6.76% p.a.

$15.00 monthly

$250

6.24% p.a.

6.46% p.a.

$15.00 monthly

$250

6.42% p.a.

6.46% p.a.

$10.00 monthly

$134

6.29% p.a.

6.42% p.a.

$10.00 monthly

$134

10.06% p.a.

9.99% p.a.

$10.00 monthly

$250

9.61% p.a.

9.77% p.a.

$10.00 monthly

$250

Bendigo Bank home loan features in a glance

Repayment Icon

Extra repayments

With Bendigo Bank’s variable and line of credit home loans, you’ll be able to make unlimited extra repayments without incurring fees to pay off your home loan sooner and reduce your interest repayments over the term of your loan. You can even make advanced payments with the Fixed Rate home loan, but these can’t exceed 20% of the balance of the loan.

Image of coins

Maximum 95% LVR

Many of Bendigo Bank’s home loans allow you to borrow up to 90-95% of your property’s value. Any loan though with an LVR over 80% will require lenders mortgage insurance so be sure to factor this in.

Offset icon

Offset facility

You can save a bundle on interest repayments with Bendigo Bank’s variable home loans which gives you access to a full interest offset facility. If you opt for a fixed rate, you’ll still be able to reap the benefits of a partial offset facility with Bendigo Bank’s Fixed Express Home Loan. 

How are Bendigo Bank home loans rated?

Mozo users have rated Bendigo Bank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of home-loans
Bendigo Bank home loans customer reviews
Overall
8.3/10
Price
7.6/10
Features
7.2/10
Customer service
8.5/10
Convenience
8.5/10
Trust
8.5/10
Based on 727 Bendigo Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent Bendigo Bank home loan reviews

Bendigo Bank Variable Rate Residential
Overall 8/10
Bendigo looks after its customers

Have been with Bendigo bank for many years they always make sure we are getting the best products that suits our needs.

Read full review

Have been with Bendigo bank for many years they always make sure we are getting the best products that suits our needs.

Price
8/10
Features
8/10
Customer service
8/10
Convenience
7/10
Trust
7/10
Less
Michelle, Victoria, reviewed 30 days ago
Bendigo Bank Home Loan
Overall 9/10
One of the good ones

Sign up was easy, staff were helpful. A few months after I took out this loan, they actually called me to ask if I'd like a lower interest rate! Was with cba for ten years prior and never received such a call.

Read full review

Sign up was easy, staff were helpful. A few months after I took out this loan, they actually called me to ask if I'd like a lower interest rate! Was with cba for ten years prior and never received such a call.

Price
9/10
Features
6/10
Customer service
8/10
Convenience
9/10
Trust
9/10
Less
Josh, Victoria, reviewed 30 days ago
Bendigo Bank Home Loan
Overall 7/10
great home loan and service

staff are great, local branches and access to teller machine is good

Read full review

staff are great, local branches and access to teller machine is good

Price
6/10
Features
5/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Karen, New South Wales, reviewed about 1 month ago
Bendigo Bank Home Loan
Overall 2/10
Horrendous. I would rather have teeth pulled.

Horrendous. I would rather have teeth pulled. Inept, and obstructive. Initially seemed okay but then the ground shifts, and agreed actions not followed up on. Process not streamlined and doesn't understand the documents sent, asks for other documents inconsistent with what is required because they haven't looked properly at what was sent

Read full review

Horrendous. I would rather have teeth pulled. Inept, and obstructive. Initially seemed okay but then the ground shifts, and agreed actions not followed up on. Process not streamlined and doesn't understand the documents sent, asks for other documents inconsistent with what is required because they haven't looked properly at what was sent

Price
3/10
Features
3/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Sean, South Australia, reviewed 5 months ago
Bendigo Bank Home Loan
Overall 8/10
Very helpful people

Happy with the bank and the service when we first signed up as well as our options given when we recently came off a fixed rate. It was disappointing to see branch and atm leave our local town as that's why we first signed up.

Read full review

Happy with the bank and the service when we first signed up as well as our options given when we recently came off a fixed rate. It was disappointing to see branch and atm leave our local town as that's why we first signed up.

Price
8/10
Features
8/10
Customer service
10/10
Convenience
9/10
Trust
7/10
Less
Kate, New South Wales, reviewed 5 months ago

What do you need to apply for a Bendigo Bank home loan?

When you apply for a Bendigo Bank home loan online, make sure you're at least 18 years old, using the loan for personal purposes, and employed with a regular income source. You may need the following details handy:

Home loan quick links