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First Home Buyers (Bendigo Complete Home Loan)

Australian Government 5% Deposit Scheme - First Home Buyers mirrors the Bendigo Complete Home Loan offering a 100% offset account on both variable and fixed rates - allowing you to save interest. * Check Eligibility Criteria for Scheme Loans

Home loansBank updated 7 Oct 2026
Apply at Bendigo Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Variable (owner occ. P&I)
6.43%6.65% comparison
Fixed
1 yr 6.59%, 2 yrs 6.59%, 3 yrs 6.69%, 4 yrs 6.79%, 5 yrs 6.79%
Max LVR
95%
Annual fee
$180
Features
offset, redraw, extra repayments

Rates

Every rate Bendigo Bank publishes for this home loan, 7 in all.

Variable and fixed, at 80% LVR

Owner occupier, principal and interest, the lowest rate for each

  1. Variabletypical 6.38%6.43%
  2. 1 yr fixedtypical 6.59%6.59%
  3. 2 yrs fixedtypical 6.62%6.59%
  4. 3 yrs fixedtypical 6.69%6.69%
  5. 4 yrs fixed6.79%
  6. 5 yrs fixedtypical 6.89%6.79%
This home loanTypical lender's best
TypeApplies toTermBandRateComparisonConditions
FixedOwner occupied, P&I1 yr fixed-6.59%6.67%-
FixedOwner occupied, P&I2 yrs fixed-6.59%6.68%-
FixedOwner occupied, P&I3 yrs fixed-6.69%6.73%-
FixedOwner occupied, P&I4 yrs fixed-6.79%6.79%-
FixedOwner occupied, P&I5 yrs fixed-6.79%6.81%-
VariableConstruction Loans Only*Owner occupied, Interest only--6.43%6.65%-
VariableOwner occupied, P&I--6.43%6.65%-

Rate changes

7 changes logged, newest first.

DateRateWasNowChange
7 Oct 2026Variable, Owner occupied, Interest only6.18%6.43%up 0.25
7 Oct 2026Variable, Owner occupied, P&I6.18%6.43%up 0.25
5 Oct 2026Fixed, Owner occupied, P&I, 1 yr fixed6.49%6.59%up 0.10
5 Oct 2026Fixed, Owner occupied, P&I, 2 yrs fixed6.54%6.59%up 0.05
5 Oct 2026Fixed, Owner occupied, P&I, 3 yrs fixed6.49%6.69%up 0.20
5 Oct 2026Fixed, Owner occupied, P&I, 4 yrs fixed6.54%6.79%up 0.25
5 Oct 2026Fixed, Owner occupied, P&I, 5 yrs fixed6.54%6.79%up 0.25

Each change is logged the night it appears in the rates Bendigo Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

22 fees published, grouped by when they're charged.

  1. When you take it outUp to $2507 fees, each listed below
  2. While you hold it$15 a monthMonthly Fee
  3. When you close it or pay it off$350Discharge Administration Fee

When you take it out7

  • Application Fee

    Incurred when you apply for a new loan, additional funds on your current loan or when changing your loan.

    $150
  • Building Loan Fee - Contract Builder
    $100
  • Building Loan Fee - Owner Builder
    $200
  • Documentation Fee

    The cost of preparing the loan documents for your new loan or application. The amount varies based on the complexity of the loan application.

    Varies
  • Guarantee Administration Fee
    $250
  • Search Processing Fee

    Payable for the bank to perform a title search or other searches relating to your application.

    $50
  • Settlement Fee

    To process the settlement of your loan, additional funds on your current loan or when changing your loan.

    $100

While you hold it1

  • Monthly Fee
    $15 a month

When you make a transaction1

  • Interest Prepayment Fee
    $85

When particular things happen12

  • Agent Lodgement Fee

    Payable for an agent of the bank to attend the settlement of your property or lodging the security interests attached to your loan

    $125
  • Bank Cheque Fee
    $10
  • Break Cost Fee and Prepayment Fee

    A Break Cost Fee is payable to us each time any of the following break events occur during a fixed rate period: • at your request, we agree to vary your annual percentage rate; or • you repay your lo…

    Varies
  • Default Fee
    $35
  • Duplicate Fee
    $16.50
  • Manual Redraw Fee

    Payable each time we agree to a redraw request you make otherwise than through Bendigo e-banking

    No fee
  • Online Redraw Fee

    Charged when completing a redraw online

    No fee
  • Rate Variation Fee (to renegotiate Rate)
    $100
  • Repayment Recalculation Fee
    $50
  • Valuation Fee

    The cost of having the security valued by a third party (this can vary depending upon the location and access available to the property).

    Varies
  • Variation Fee - Complex
    $300
  • Variation Fee - Simple
    $150

When you close it or pay it off1

  • Discharge Administration Fee
    $350

Features

Offset accountRedrawExtra repayments
  • Weekly, fortnightly or monthly repayments

Eligibility and limits

  • Minimum age 18
  • Amount from $5,000, no maximum
  • Maximum LVR 95%
  • Credit and Lending Criteria, Fees and Charges Apply
  • Check Eligibility Criteria for Scheme loans.

Published by Bendigo Bank under the Consumer Data Right, last changed by them on 7 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.