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Home Loans > Bendigo Home Loan Package |
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.
Home Loan Package
The Bendigo Home Loan Package rewards any customer with total residential lending in between $50,000 and $249,999 with a 0.50% discount off our Residential Variable Home Loan rate, and offers additional benefits on other select products without incurring an annual package fee.
| Loan Features |
| Loan Type |
Residential Variable Home Loan
(Optional Monthly Fee) |
| Min Loan Amount |
$5,000 |
| Loan Term |
Maximum 30 years |
| Interest Rate |
Variable |
| Interest Calculated |
Daily |
| Interest Debited |
Monthly |
| Payment Options |
Weekly, Fortnightly or Monthly |
| Additional Repayments |
Yes, unlimited |
| 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 Full 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 |
| Credit Increases |
Yes** |
| Insurance |
Free Bendigo Home Insurance from the time of signing the purchase contract until settlement (Max free cover period, 90 days). After settlement, customers can choose to pay their premiums annually or if preferable pay by the month. |
| Additional Benefits |
| 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 |
| Application Fee |
$50 Discount on the Loan Application Fee by organising Salary Credits to a linked Mortgage Saver Account and making loan repayments via Periodical Payment from that Mortgage saver account |
* Refer to the Schedule of Fees & Charges and
Transaction Account Rebates for more information on Transaction Account Rebates
and a list of eligible Transaction Accounts.
** Terms and Conditions and Lending Criteria Apply
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