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Home Loans > Fixed Rate Residential Home Loan |
To find out more about Bendigo Bank, click here to access our Financial Services Guide (FSG). You must review the FSG before accessing information on this website.
Fixed Rate Residential Home Loan
Enjoy peace of mind knowing that your repayments won’t change for a set period of time. Purchase your new home, a block of land, a holiday home or even make home renovations with fixed repayments. With terms from one to five years, fixed repayments are an ideal choice for the budget conscious and those wanting the confidence of knowing that they are protected against any rate rises.
| Loan Features |
| Minimum Loan Amount |
$5,000 |
| Loan Term |
1-5 years |
| Interest Rate |
Fixed |
| Interest Calculated |
Daily |
| Interest Debited |
Monthly |
| Payment Options |
Weekly, Fortnightly or Monthly |
| Additional Repayments |
Up to 20% of the principal sum can be repaid in addition to the regular scheduled repayments within the Fixed Rate Term. Additional repayments that exceed the 20% allowance will incur a fee |
| Redraw Facility |
Manual & Online redraw available |
Additional Transaction
Account Rebates |
Yes, receive a full Transaction Account rebate on ALL eligible Transactional Accounts* |
| Offset Account |
Linked to Mortgage Saver Account with a Partial Offset. |
| Maximum LVR |
Up to 95% of the value of the property (excluding mortgage insurance premium) or 90% of the value of Land
Note: If the LVR exceeds 80%, Lender’s Mortgage Insurance is required |
| Fixed Rate Lock |
Yes |
| Credit Increases |
Yes** |
| Additional Benefits |
| Insurance |
Free Bendigo Home Insurance from the time of signing the purchase contract until settlement (Max free cover period, 90 days) with the purchase of a new Home or Home and Contents Insurance policy. After settlement, customers can choose to pay their premiums annually or if preferable pay by the month |
| Credit Card |
Pre-Approval for a Bendigo Bank Credit Card**
3.00% p.a. discount on the Bendigo Red Credit Card - Up to 44 Days Interest Free |
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