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.
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 |
Go to site | ||
6.04% p.a. |
6.15% p.a. |
$10.00 monthly |
$134 |
Go to site | ||
6.49% p.a. |
6.82% p.a. |
$15.00 monthly |
$250 |
|||
6.39% p.a. |
6.72% p.a. |
$15.00 monthly |
$250 |
|||
6.49% p.a. |
6.48% p.a. |
$10.00 monthly |
$134 |
Go to site | ||
6.39% p.a. |
6.45% p.a. |
$10.00 monthly |
$134 |
Go to site |
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.
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 |
Go to site | ||
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 |
|||
7.09% p.a. |
6.99% p.a. |
$15.00 monthly |
$250 |
|||
6.79% p.a. |
6.68% p.a. |
$15.00 monthly |
$250 |
|||
6.54% p.a. |
6.76% p.a. |
$15.00 monthly |
$250 |
|||
6.89% p.a. |
7.11% 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 |
Go to site | ||
6.29% p.a. |
6.42% p.a. |
$10.00 monthly |
$134 |
Go to site | ||
10.06% p.a. |
9.99% p.a. |
$10.00 monthly |
$250 |
|||
9.61% p.a. |
9.77% p.a. |
$10.00 monthly |
$250 |
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.
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.
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.
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.
722 Reviews
Customer service is better than any other bank we've ever dealt with. We are treated like a person, not a number. Our local branch knows us by face and name. Our individual situation was considered when looking at what we could borrow. We will never go back to the big banks after switching to personalised Bendigo Bank. The best service around
Read full reviewCustomer service is better than any other bank we've ever dealt with. We are treated like a person, not a number. Our local branch knows us by face and name. Our individual situation was considered when looking at what we could borrow. We will never go back to the big banks after switching to personalised Bendigo Bank. The best service around
Bendigo Bank is for the community and it's community members. The staff are local and show genuine interest in their customers because of the social links within the community. Bendigo Bank offers competitive rates and the knowledge that your involvement in the bank goes bank in to the community is very satisfying.
Read full reviewBendigo Bank is for the community and it's community members. The staff are local and show genuine interest in their customers because of the social links within the community. Bendigo Bank offers competitive rates and the knowledge that your involvement in the bank goes bank in to the community is very satisfying.
Love the 6 offset accounts. Don’t like the monthly fee of $15. Service in our local branch, long waits and not always friendly. Good interest rate. Initial loan officer when taking out the loan fabulous.
Read full reviewLove the 6 offset accounts. Don’t like the monthly fee of $15. Service in our local branch, long waits and not always friendly. Good interest rate. Initial loan officer when taking out the loan fabulous.
Without the help and understanding of the Bendigo bank and its managers we wouldn’t be able to have afforded to build our first home. Thanks Tony and Colleen and the team at the Huonville branch.
Read full reviewWithout the help and understanding of the Bendigo bank and its managers we wouldn’t be able to have afforded to build our first home. Thanks Tony and Colleen and the team at the Huonville branch.
Overall pretty helpful, except with interest rates rising and house insurance canceled through them as it skyrocketed.
Read full reviewOverall pretty helpful, except with interest rates rising and house insurance canceled through them as it skyrocketed.
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: