Increase to home loan rates
Following the Reserve Bank's change to the cash rate and a comprehensive review, we're increasing all our variable home loan interest rates by 0.25% p.a., effective 11th February 2026.
For helpful tools, tips and options that could help you stay on top of home loan repayments, see how to manage your home loan.
What are the changes?
All of our variable home loan interest rates, for existing and new borrowers, will increase by 0.25% p.a., effective 11th February 2026.
Your new interest rate can be found in the Bendigo Bank app or e-banking from 11th February 2026.
How much will your new repayments be?
You can expect a letter from Bendigo Bank with details on your new repayment amount soon after the effective date of the rate change.
What does this change mean for your home loan repayments?
You're on a variable rate loan
Specific changes to your variable home loan repayments will be detailed in the letter you receive from us. If you have minimum repayment direct debit set up you won't need to do anything.
You're on a fixed rate loan
If you’re on a fixed rate loan, then your repayments are not affected by variable rate changes. There will be no change to your repayments during your fixed term.
How do you know what kind of repayments you’re making?
Your Bendigo Bank home loan contract documents outline the type of home loan repayments you have selected, for example Owner Occupied Principal & Interest.
For more information on how we can help you if you’re struggling with mortgage repayments, please visit our financial difficulty assistance page.
