Skip to main content

Fixed rate expiring

Is your fixed rate about to end? If so you'll need to decide between re-fixing your loan, or allowing it to revert to a standard variable interest rate.

A fixed rate provides certainty, whereas a variable rate offers repayment flexibility. Whatever option you choose, it's important to be comfortable that your decision is the best one for your circumstances. 

What is a fixed rate?

Fixed rates are loans where the interest rate stays the same for a set period of time, meaning minimum monthly payments stay the same for the set period. We offer fixed rate home loans with the flexibility to choose a term that suits your financial goals. Our fixed rate options are available for periods ranging from 1 to 5 years, allowing you to lock in a competitive interest rate for a set period of time.

With a fixed rate home loan, you have the stability of consistent monthly payments during the fixed period, giving you peace of mind to manage your finances with confidence.

Key features

  • 1
    Product choices with SmartFit (offset loan) or SmartSaver with a fee free option
  • 2
    Redraw available on fixed loans^
  • 3
    Pay up to an additional $20,000 p.a. on top of your current repayments

Is your fixed rate ending soon?

You may be eligible to re-fix your loan, which gives you more certainty. Or you may choose to revert to a variable interest rate, offering greater flexibility.

Whatever option you choose, we want you to feel confident that the decision you make is the best one for you. Talk to us today about the options available to you.

What is a variable rate?

Variable rates are loans where the interest rate can change over time, affecting the monthly payments on the loan. They offer more flexibility than fixed rate loans, but come with more uncertainty as it can be harder to predict future monthly payments.

We offer a range of loan options, including variable rate loans, contact us to learn more and we’ll help you find the best loan solution for your financial goals.

I'd like a variable interest rate

If you elect to move to a variable rate, you don't need to do anything; the change will happen automatically after your fixed term ends.

Take a look at our rates

Things you should know

^Redraw is not automatic. You must provide consent to have this function set up and must have at least one repayment ahead, before you can redraw any funds so that you will not fall into arrears. For example, if a minimum monthly repayment is $2,500 and you have an ahead balance of $10,000, you can only withdraw $7,500 if this function is set up.

Call us

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.
© Copyright 2024 Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879