Bendigo BankNon-Individual Residential Investment Loan (NIRIL)
Where a customer is purchasing a residential investment loan and they are a non-trading corporate entity or a trust with a corporate trustee, the NIRIL might be the product for them, provided that they fit the criteria.
At a glance
- Variable (investor P&I)
- 6.83%
- Max LVR
- 80%
- Annual fee
- $240
- Features
- redraw, extra repayments
How it compares
This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This home loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Investor variable home loanInvestment, principal & interest, 80% LVR | 6.83% | 5.94%AAA Financial Corporation's Portfolio Loan | 6.59%of 104 institutions | 74th lowest of 104 |
Rates
Every rate Bendigo Bank publishes for this home loan, 12 in all.
Variable and fixed, at 80% LVR
Investment, principal and interest, the lowest rate for each
- Variabletypical 6.59%6.83%
- 1 yr fixed6.74%
- 2 yrs fixed6.74%
- 3 yrs fixed6.84%
- 4 yrs fixed6.94%
- 5 yrs fixed6.94%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | Investment, Interest only | 1 yr fixed | - | 6.84% | 7.21% | - |
| Fixed | Investment, Interest only | 2 yrs fixed | - | 6.84% | 7.20% | - |
| Fixed | Investment, Interest only | 3 yrs fixed | - | 6.94% | 7.22% | - |
| Fixed | Investment, Interest only | 4 yrs fixed | - | 7.04% | 7.25% | - |
| Fixed | Investment, Interest only | 5 yrs fixed | - | 7.04% | 7.26% | - |
| Fixed | Investment, P&I | 1 yr fixed | - | 6.74% | 7.12% | - |
| Fixed | Investment, P&I | 2 yrs fixed | - | 6.74% | 7.11% | - |
| Fixed | Investment, P&I | 3 yrs fixed | - | 6.84% | 7.13% | - |
| Fixed | Investment, P&I | 4 yrs fixed | - | 6.94% | 7.17% | - |
| Fixed | Investment, P&I | 5 yrs fixed | - | 6.94% | 7.18% | - |
| Variable | Investment, Interest only | - | - | 6.94% | 7.16% | - |
| Variable | Investment, P&I | - | - | 6.83% | 7.13% | - |
Rate changes
12 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 7 Oct 2026 | Variable, Investment, Interest only | 6.69% | 6.94% | up 0.25 |
| 7 Oct 2026 | Variable, Investment, P&I | 6.58% | 6.83% | up 0.25 |
| 5 Oct 2026 | Fixed, Investment, Interest only, 1 yr fixed | 6.74% | 6.84% | up 0.10 |
| 5 Oct 2026 | Fixed, Investment, Interest only, 2 yrs fixed | 6.79% | 6.84% | up 0.05 |
| 5 Oct 2026 | Fixed, Investment, Interest only, 3 yrs fixed | 6.74% | 6.94% | up 0.20 |
| 5 Oct 2026 | Fixed, Investment, Interest only, 4 yrs fixed | 6.79% | 7.04% | up 0.25 |
| 5 Oct 2026 | Fixed, Investment, Interest only, 5 yrs fixed | 6.79% | 7.04% | up 0.25 |
| 5 Oct 2026 | Fixed, Investment, P&I, 1 yr fixed | 6.64% | 6.74% | up 0.10 |
| 5 Oct 2026 | Fixed, Investment, P&I, 2 yrs fixed | 6.69% | 6.74% | up 0.05 |
| 5 Oct 2026 | Fixed, Investment, P&I, 3 yrs fixed | 6.64% | 6.84% | up 0.20 |
| 5 Oct 2026 | Fixed, Investment, P&I, 4 yrs fixed | 6.69% | 6.94% | up 0.25 |
| 5 Oct 2026 | Fixed, Investment, P&I, 5 yrs fixed | 6.69% | 6.94% | 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
21 fees published, grouped by when they're charged.
- When you take it outUp to $2507 fees, each listed below
- While you hold it$20 a monthMonthly Fee
- 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$20 a month
When you make a transaction1
- Interest Prepayment Fee$85
When particular things happen10
- Bank Cheque Fee$10
- 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
Other fees1
- 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
Features
- Weekly, fortnightly or monthly repayments
Eligibility and limits
- Minimum age 18
- Amount from $5,000, no maximum
- Maximum LVR 80%
- Credit and Lending Criteria, Fees and Charges Apply
Compare it with others
Put this product through a calculator
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.