Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
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Owner Occupier | Principal & Interest | < 90% | $5,000 | $3,000,000 |
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Owner Occupier | Interest Only | < 90% | $5,000 | $3,000,000 |
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Investor | Principal & Interest | < 90% | $5,000 | $3,000,000 |
|
|
Investor | Interest Only | < 90% | $5,000 | $3,000,000 |
Bendigo Bank’s Express Home Loan leaves very little off the table, offering borrowers variable rates as low as 5.97% p.a. (6.12% p.a. comparison rate*) and a number of features to help you save on interest, including an offset account and the ability to make free extra repayments.
With Bendigo Bank’s Express Home Loan, you’ll be able to borrow between $5,000 and $3 million, with rates sitting at 5.97% p.a. (6.12% p.a. comparison rate*) on owner occupier loans with an LVR below 90%. If you’re an investor, you’ll be looking at a slightly higher but still competitive 5.97% p.a. variable rate (6.12% p.a. comparison rate*).
Borrowers will have access to a host of features, like the ability to make extra repayments without penalty and retrieve those funds via a redraw facility. An offset account is also available, so you’ll be able to utilise your savings to lower the amount of interest you pay on your loan. And while this is a variable rate loan, you’ll be able to split it with a fixed rate. This involves dividing your loan into two (or more) accounts and assigning a different rate to each. The size of each portion will be up to you.
Investors and owner occupiers alike will appreciate the Express Home Loan, and the fact that it’s available on LVRs up to 90% will be a selling point for anyone with a low deposit.
There are a few fees that will apply on this loan, including the $10 monthly service fee, $250 establishment fee (paid at settlement), and $350 discharge fee.
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5.97% p.a. |
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n/a |
|
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n/a |
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|
n/a |
|
|
6.12% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
$0.00 |
|
|
n/a |
|
|
$134.20 |
|
|
$250.00 |
|
|
n/a |
|
|
$10.00 monthly |
|
|
$350.00 |
|
$5,000 |
|
|
$3,000,000 |
|
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none |
|
|
90.00% |
|
Owner Occupier |
|
|
Principal & Interest |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
no |
|
|
yes - free |
|
|
$0.00 |
|
|
no |
|
|
yes |
|
|
Electronic Valuation: $134. Full Valuation <$1m: $220 and>$1m: $440. Loan applicable when buying or refinancing an established property in a capital city or major regional centre. |
|
|
none |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
6.72% p.a. |
|
|
n/a |
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|
n/a |
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n/a |
|
|
6.43% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
$0.00 |
|
|
n/a |
|
|
$134.20 |
|
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$250.00 |
|
|
n/a |
|
|
$10.00 monthly |
|
|
$350.00 |
|
$5,000 |
|
|
$3,000,000 |
|
|
none |
|
|
90.00% |
|
Owner Occupier |
|
|
Interest Only |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
no |
|
|
yes - free |
|
|
$0.00 |
|
|
no |
|
|
yes |
|
|
Electronic Valuation: $134. Full Valuation <$1m: $220 and>$1m: $440. Loan applicable when buying or refinancing an established property in a capital city or major regional centre. |
|
|
none |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
6.22% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.37% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
$0.00 |
|
|
n/a |
|
|
$134.20 |
|
|
$250.00 |
|
|
n/a |
|
|
$10.00 monthly |
|
|
$350.00 |
|
$5,000 |
|
|
$3,000,000 |
|
|
none |
|
|
90.00% |
|
Investor |
|
|
Principal & Interest |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
no |
|
|
yes - free |
|
|
$0.00 |
|
|
no |
|
|
yes |
|
|
Electronic Valuation: $134. Full Valuation <$1m: $220 and>$1m: $440. Loan applicable when buying or refinancing an established property in a capital city or major regional centre. |
|
|
none |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
6.42% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.44% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
$0.00 |
|
|
n/a |
|
|
$134.20 |
|
|
$250.00 |
|
|
n/a |
|
|
$10.00 monthly |
|
|
$350.00 |
|
$5,000 |
|
|
$3,000,000 |
|
|
none |
|
|
90.00% |
|
Investor |
|
|
Interest Only |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
no |
|
|
yes - free |
|
|
$0.00 |
|
|
no |
|
|
yes |
|
|
Electronic Valuation: $134. Full Valuation <$1m: $220 and>$1m: $440. Loan applicable when buying or refinancing an established property in a capital city or major regional centre. |
|
|
none |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
Bendigo were super helpful in the purchasing process and in organising our home loan. They also allowed us to borrow more than we had originally anticipated.
Read full reviewBendigo were super helpful in the purchasing process and in organising our home loan. They also allowed us to borrow more than we had originally anticipated.
Variable Rate Home Loan Special Offer (Package)
6.14% p.a. variable
6.51% p.a.
Mortgage Simplifier
6.14% p.a. variable
6.43% p.a.
Variable Rate Home Loan Special Offer (Package)
6.14% p.a. variable
6.51% p.a.
Variable Home Loan 90
6.24% p.a. variable
6.26% p.a.
Mortgage Simplifier
6.14% p.a.
6.43% p.a.
Basic Variable Home Loan
5.94% p.a.
5.99% p.a.
$0.00
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
