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Bendigo Bank Express Home Loan

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan between $5,000 and $3,000,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a interest only loan between $5,000 and $3,000,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $5,000 and $3,000,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan between $5,000 and $3,000,000 with an LVR below 90%

Choose the version of this loan that suits you best

Availability Loan type LVR Min loan amount Max loan amount
Owner Occupier Principal & Interest < 90% $5,000 $3,000,000
Owner Occupier Interest Only < 90% $5,000 $3,000,000
Investor Principal & Interest < 90% $5,000 $3,000,000
Investor Interest Only < 90% $5,000 $3,000,000
  • Owner Occupier (Principal & Interest)
    LVR < 90%
    Loan: $5,000 $3,000,000
  • Owner Occupier (Interest Only)
    LVR < 90%
    Loan: $5,000 $3,000,000
  • Investor (Principal & Interest)
    LVR < 90%
    Loan: $5,000 $3,000,000
  • Investor (Interest Only)
    LVR < 90%
    Loan: $5,000 $3,000,000
Rate
6.01% p.a.
Comparison Rate
6.14% p.a.
Service fee
$10.00 monthly
Upfront fee
$134
Rate
6.72% p.a.
Comparison Rate
6.43% p.a.
Service fee
$10.00 monthly
Upfront fee
$134
Rate
6.29% p.a.
Comparison Rate
6.42% p.a.
Service fee
$10.00 monthly
Upfront fee
$134
Rate
6.42% p.a.
Comparison Rate
6.46% p.a.
Service fee
$10.00 monthly
Upfront fee
$134

Mozo editorial review Bendigo Bank Express Home Loan - last updated: 29 February 2024

binocular icon
What's hot
  • 6.01% p.a. variable rate (6.14% p.a. comparison rate*)
  • Free extra repayments and redraw facility
  • Offset account available
What's not
  • $250 establishment fee paid at settlement
  • $10 monthly service fee
Mozo snapshot

Bendigo Bank’s Express Home Loan leaves very little off the table, offering borrowers variable rates as low as 6.01% p.a. (6.14% 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.

key icon
Key features

With Bendigo Bank’s Express Home Loan, you’ll be able to borrow between $5,000 and $3 million, with rates sitting at 6.01% p.a. (6.14% 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 6.29% p.a. variable rate (6.42% 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.

snapshot
Who is it good for

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.

question icon
Any catches

There are a few fees that will apply on this loan, including the $10 monthly service fee, and $350 discharge fee.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.01% p.a.

n/a

n/a

n/a

6.14% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$134.20

$0.00

n/a

$10.00 monthly

$350.00

Other financial bits

$5,000

$3,000,000

none

90.00%

Features

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.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.72% p.a.

n/a

n/a

n/a

6.43% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$134.20

$0.00

n/a

$10.00 monthly

$350.00

Other financial bits

$5,000

$3,000,000

none

90.00%

Features

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.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.29% p.a.

n/a

n/a

n/a

6.42% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$134.20

$0.00

n/a

$10.00 monthly

$350.00

Other financial bits

$5,000

$3,000,000

none

90.00%

Features

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.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.42% p.a.

n/a

n/a

n/a

6.46% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$134.20

$0.00

n/a

$10.00 monthly

$350.00

Other financial bits

$5,000

$3,000,000

none

90.00%

Features

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.

Customer Reviews

How are Bendigo Bank home loans rated by the Mozo community?

Overall
8.2/10
Price
7.6/10
Features
7.2/10
Customer service
8.5/10
Convenience
8.5/10
Trust
8.5/10
Based on 724 Bendigo Bank home loan 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.

Latest review of Bendigo Bank Express Home Loan

About Bendigo Bank

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Unloan

Variable

5.99% p.a. variable

5.90% p.a.

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Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

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Heritage Bank

Discount Variable Home Loan

5.99% p.a. variable

6.01% p.a.

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HSBC

Home Value Loan

6.09% p.a. variable

6.09% p.a.

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Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ANZ
ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

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Macquarie

Basic Home Loan

6.14% p.a. variable

6.16% p.a.

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ING

Mortgage Simplifier

6.14% p.a. variable

6.17% p.a.

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Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a. variable

6.16% p.a.

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a. variable

6.01% p.a.

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Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan

6.24% p.a. variable

6.48% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a. variable

6.20% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.14% p.a. variable

6.39% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a.

6.16% p.a.

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a.

6.01% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a.

6.20% p.a.

Thumbnail icon for ING
ING

Mortgage Simplifier

6.14% p.a.

6.17% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.14% p.a.

6.39% p.a.

Thumbnail icon for loans.com.au
loans.com.au

Variable Home Loan 90

6.04% p.a.

6.06% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.04% p.a.
fixed 3 years

6.15% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

5.99% p.a.
fixed 3 years

6.41% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.35% p.a.
fixed 3 years

6.26% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for ANZ
ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

$0.00

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a.

6.01% p.a.

$0.00

Thumbnail icon for G&C Mutual Bank
G&C Mutual Bank

First Home Buyer Loan

5.90% p.a.

5.93% p.a.

$0.00

Thumbnail icon for Community First Bank
Community First Bank

Basic Variable Home Loan

5.94% p.a.

5.99% p.a.

$0.00

Thumbnail icon for Unity Bank
Unity Bank

First Home Buyer Advantage Plus Home Loan

5.99% p.a.

6.76% 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.

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