Bendigo Bank home loans

4.2
Based on 732 Bendigo Bank home loan product reviews.
Fact Checked
Last updated

About Bendigo Bank home loans

Last updated 4 April 2025 Important disclosures and comparison rate warning*
What are your home loan needs?
Loan purpose
Buying or Refinancing
  • Fixed Express Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 10% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.74 % p.a.
    Fixed 2 years
    Comparison rate
    5.95 % p.a.
    Initial monthly repayment
    $2,915
    No Partner link
  • Complete Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 10% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.74 % p.a.
    Fixed 2 years
    Comparison rate
    6.17 % p.a.
    Initial monthly repayment
    $2,915
    No Partner link
  • Express Home Loan

    • Owner occupier
    • Principal & Interest
    • 10% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.84 % p.a.
    Variable
    Comparison rate
    5.97 % p.a.
    Initial monthly repayment
    $2,947
    No Partner link
  • Complete Home Loan

    • Owner occupier
    • Principal & Interest
    • 40% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.89 % p.a.
    Variable
    Comparison rate
    6.11 % p.a.
    Initial monthly repayment
    $2,962
    No Partner link
  • Complete Home Loan

    • Investor
    • Principal & Interest
    • 40% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.99 % p.a.
    Variable
    Comparison rate
    6.21 % p.a.
    Initial monthly repayment
    $2,995
    No Partner link
  • Express Home Loan

    • Investor
    • Principal & Interest
    • 10% min deposit
    • Offset available
    • Redraw available
    Interest rate
    6.04 % p.a.
    Variable
    Comparison rate
    6.17 % p.a.
    Initial monthly repayment
    $3,011
    No Partner link
  • Fixed Express Home Loan

    • Fixed rate
    • Investor
    • Principal & Interest
    • 10% min deposit
    • Offset available
    • Redraw available
    Interest rate
    6.09 % p.a.
    Fixed 2 years
    Comparison rate
    6.18 % p.a.
    Initial monthly repayment
    $3,027
    No Partner link
  • Complete Home Loan

    • Fixed rate
    • Investor
    • Principal & Interest
    • 10% min deposit
    • Offset available
    • Redraw available
    Interest rate
    6.09 % p.a.
    Fixed 2 years
    Comparison rate
    6.43 % p.a.
    Initial monthly repayment
    $3,027
    No Partner link
  • Variable Rate Residential

    • Owner occupier
    • Principal & Interest
    • 8% min deposit
    • Offset available
    • Redraw available
    Interest rate
    8.78 % p.a.
    Variable
    Comparison rate
    8.94 % p.a.
    Initial monthly repayment
    $3,944
    No Partner link
  • Variable Rate Residential

    • Investor
    • Principal & Interest
    • 20% min deposit
    • Offset available
    • Redraw available
    Interest rate
    9.36 % p.a.
    Variable
    Comparison rate
    9.52 % p.a.
    Initial monthly repayment
    $4,153
    No Partner link

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Bendigo Bank home loan ratings

Overall customer rating for Bendigo Bank home loans

4.2
Based on 732 product reviews.

Customer reviews

Important disclosures

Bendigo Bank products

FAQs about Bendigo Bank home loans

Is Bendigo Bank good for home loans?

Bendigo Bank is a highly decorated home loan lender, which experts agree makes them a very good choice if you’re looking for a home loan.

Bendigo Bank home loans won several accolades in the 2024 Mozo Experts Choice Awards, including an Exceptional Value Home Lender award. Its Express Home Loan product also won a Low Cost Home Loan, Offset Home Loan, and First Home Buyer Loan award in 2024.

How much do I need for a Bendigo Bank house deposit?

With Bendigo Bank, owner-occupiers can apply for its Standard Residential Rate home loan with as little as an 8% deposit (92% LVR), according to the Mozo database. However, the reference rate is rather high. 

For a more competitive rate from Bendigo Bank, the Express Home Loan is open for owner occupiers with at least a 10% house deposit (90% LVR).

How do redraws work on a Bendigo Bank home loan?

With Bendigo Bank, you can make redraws online or by filling out a Loan Redraw Request form. To redraw your extra repayments through Bendigo e-Banking, you will need to fill out an Application for

Online Redraw form. 

If you have a Bendigo Bank home loan, check your home loan schedule to see if there are any rules about fees, minimum redraw amounts, or limits. 

However, redrawing your funds on a Bendigo Bank home loan usually doesn’t incur a fee, no matter if you perform the request online or in-person at a bank branch, according to the bank’s Lending Fees and Charges guide. 

Home loan quick links


* 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.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.