Up Home Loan Rates
Up is the digital-only banking brand owned by Bendigo Bank, originally a transactional/savings app and now offering home loans via the Up Home product. Up Home is variable-only, has 100% offset, and is delivered entirely through the Up app, no calls, no PDFs.
What are Up home loan rates?
Up home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 5.95% p.a. and the lowest fixed rate currently 6.35% p.a., last verified 8 July 2026. Compare Up against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest Up home loan rate?
The lowest Up variable home loan rate Ratesniffers tracks is 5.95% p.a., and the lowest fixed rate is 6.35% p.a. These figures come from the 6 Up products on this page, ranked by comparison rate, last verified 8 July 2026.
How many home loan products does Up offer?
Ratesniffers currently tracks 6 Up home loan products across variable, fixed and interest-only options for owner-occupiers and investors. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
Up home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 5.95% p.a. | 5.95% p.a. | n/a |
| Fixed 1-year Owner-occupier P&I | 6.35% p.a. | 5.99% p.a. | n/a |
| Fixed 3-year Owner-occupier P&I | 6.35% p.a. | 6.06% p.a. | n/a |
| Fixed 2-year Owner-occupier P&I | 6.40% p.a. | 6.04% p.a. | n/a |
| Fixed 4-year Owner-occupier P&I | 6.40% p.a. | 6.11% p.a. | n/a |
| Fixed 5-year Owner-occupier P&I | 6.40% p.a. | 6.15% p.a. | n/a |
6 Up home loan products
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Up home loan repayment calculator
Pre-filled with Up's lowest advertised variable rate in the table above, 5.95% p.a. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates and exclude fees, so the comparison rate in the table is the better guide to total cost.
For a fuller model, use the repayment calculator, see how extra payments change the balance with the extra repayments calculator, or check what you can borrow with the borrowing power calculator.
Who is Up?
Up is Australia's first homegrown digital bank, launched in 2018 as a joint venture between Ferocia and Bendigo Bank, which took full ownership in 2021. It has grown past one million customers, with an app-first experience that regularly tops banking-app rankings.
Its home-loan offering, Up Home, runs on Bendigo Bank's licence and balance sheet, with the application and management experience living entirely in the Up app.
Who suits a Up home loan?
Up tends to suit younger, app-native borrowers who want the smoothest digital experience in Australian banking, backed by Bendigo Bank's licence. Its product range is deliberately simple, so borrowers needing complex structures should look elsewhere, and everyone should compare its rates against the table above before committing.
Up Home runs on Bendigo Bank's licence and balance sheet, so it is worth comparing Bendigo's own branded range alongside Up's app-only pricing.
Background facts checked 4 September 2026. Rates above refresh independently.